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The Link Between Ransomware and Cryptocurrency

eSecurity Planet

There are few guarantees in the IT industry, but one certainty is that as the world steps into 2022, ransomware will continue to be a primary cyberthreat. The dangers from ransomware have risen sharply since WannaCry and NotPetya hit the scene in 2017, and this year has been no different. Cryptocurrency Fuels Ransomware.

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Mastermind: Social Engineering, BEC Attacks, Millions in Cash and Crypto

SecureWorld News

That's because Ghaleb Alaumary motivated teams of criminals to commit cybercrime, financial crime, and to collectively steal tens of millions of dollars. Cybercrime ringleader confesses to conspiracies. Then there was the money laundering, the cryptocurrency, the digital wallets. Instead, he'll spend more than a decade in jail.

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Fla. Man Charged in SIM-Swapping Spree is Key Suspect in Hacker Groups Oktapus, Scattered Spider

Krebs on Security

authorities arrested a 19-year-old Florida man charged with wire fraud, aggravated identity theft, and conspiring with others to use SIM-swapping to steal cryptocurrency. 12 blog post , the attackers used their access to Mailchimp employee accounts to steal data from 214 customers involved in cryptocurrency and finance. 9, 2024, U.S.

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Ransomware attack on Brazil Nuclear Power Facility via Vulnerability

CyberSecurity Insiders

Reuters’ published a news article saying Brazil’s electro-nuclear power plant was hit by a ransomware attack, bringing down the operations to a halt on a partial note. Note- Lazarus group aka Guardians of Peace is a Cybercrime group that is being funded by North Korean intelligence- as per US Intelligence.

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Threat Actors Merging Malicious Activity With Cryptocurrency Show How the Attack Landscape is Developing in Decentralized Finance

Security Boulevard

Current threat actor activity is incentivized by a broad attack surface represented through high volumes of users and systems, and high potential profits represented through the variety of cryptocurrency offerings. It is easy to detect and block things like malicious cryptocurrency apps or crypto-phishing websites.

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Security Affairs newsletter Round 423 by Pierluigi Paganini – International edition

Security Affairs

Gox exchange and operating BTC-e Japanese Pharmaceutical giant Eisai hit by a ransomware attack Clop ransomware gang was testing MOVEit Transfer bug since 2021 Stealth Soldier backdoor used is targeted espionage attacks in Libya Researchers published PoC exploit code for actively exploited Windows elevation of privilege issue Experts detail a new Kimsuky (..)

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North Korea dedicates a hacking group to fund cyber crime

CyberSecurity Insiders

North Korea has established a hacking group named APT43 to fund its cybercrime activities, aimed at advancing Pyongyang’s geopolitical interests. On April 3 of this year, Google’s Threat Analysis Group (TAG) announced that APT43 was in-volved in cryptocurrency theft and digital currency laundering.

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