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Cryptocurrencies and cybercrime: A critical intermingling

Security Affairs

As cryptocurrencies have grown in popularity, there has also been growing concern about cybercrime involvement in this sector Cryptocurrencies have revolutionized the financial world, offering new investment opportunities and decentralized transactions.

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Phorpiex botnet sent millions of phishing emails to deliver LockBit Black ransomware

Security Affairs

Experts reported that since April, the Phorpiex botnet sent millions of phishing emails to spread LockBit Black ransomware. The ZIP archives contain a compressed executable payload that, if executed, will start the encryption process with LockBit Black ransomware. ” states the report published by the NJCCIC. 177 and 185[.]215[.]113[.]66.

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Corrupting files is easy than spreading Ransomware

CyberSecurity Insiders

For this reason, some hacking groups who were into ransomware attacks have set up a separate sect of threat actors who are being assigned the job of target corporate networks and corrupt files. The post Corrupting files is easy than spreading Ransomware appeared first on Cybersecurity Insiders.

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Babuk ransomware gang says it’s no longer interested in encrypting data, would rather kidnap it instead

Hot for Security

In the early days of ransomware things were fairly simple: malware would infect your company’s infrastructure, encrypting your valuable data with a secret key that was only known to your attackers. To launch their new website, the source code from a hacked video game manufacturer was put up for auction on the Payload Bin website.

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Ransomware Attack on Ferrari

CyberSecurity Insiders

Ferrari, the luxury car maker, was recently hit by a ransomware attack that apparently led to data leak that is now being posted online on an installment basis. NOTE 2- FBI and other law enforcement agencies across the world are urging the populace not to pay a ransom, if in case, they are targeted by a file encrypting malware.

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RansomHub Responsible for Christie's Hack, Threatens Data Leak

SecureWorld News

The world-renowned auction house Christie's has become the latest major corporation to fall victim to a ransomware attack. In a Dark Web post earlier today, RansomHub said it had breached the Christie's corporate networks and encrypted servers containing terabytes of confidential data.

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Incognito Darknet Market Mass-Extorts Buyers, Sellers

Krebs on Security

Borrowing from the playbook of ransomware purveyors, the darknet narcotics bazaar Incognito Market has begun extorting all of its vendors and buyers, threatening to publish cryptocurrency transaction and chat records of users who refuse to pay a fee ranging from $100 to $20,000. “And yes, this is an extortion!!!!

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