Krebs on Security

MAY 14, 2021

The DarkSide ransomware affiliate program responsible for the six-day outage at Colonial Pipeline this week that led to fuel shortages and price spikes across the country is running for the hills. The DarkSide message includes passages apparently penned by a leader of the REvil ransomware-as-a-service platform.

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CyberSecurity Insiders

JANUARY 21, 2022

Russia’s Central Bank is seeking government’s inputs to impose a ban on the mining and use of cryptocurrencies- all to curb the spread of cyber crimes such as ransomware spread and cyber terrorism. The post Russia ban on Cryptocurrency to curb ransomware spread appeared first on Cybersecurity Insiders.

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SecureWorld News

SEPTEMBER 2, 2021

While this might be great news for early cryptocurrency investors, the growing acceptance of crypto could be another obstacle when it comes to securing your organization. In the article, Rosenzweig says: "Ransomware attacks occur because criminals make money from them. Rosenzweig called for aggressively regulating cryptocurrency.

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Krebs on Security

FEBRUARY 20, 2024

authorities have seized the darknet websites run by LockBit , a prolific and destructive ransomware group that has claimed more than 2,000 victims worldwide and extorted over $120 million in payments. LockBit members have executed attacks against thousands of victims in the United States and around the world, according to the U.S.

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Krebs on Security

APRIL 29, 2021

Some of the world’s top tech firms are backing a new industry task force focused on disrupting cybercriminal ransomware gangs by limiting their ability to get paid, and targeting the individuals and finances of the organized thieves behind these crimes. ” A proposed framework for a public-private operational ransomware campaign.

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Security Affairs

JANUARY 23, 2024

The Australian government announced sanctions for a member of the REvil ransomware group for the Medibank hack that occurred in 2022. The Australian government announced sanctions for Aleksandr Gennadievich Ermakov (aka GustaveDore, aiiis_ermak, blade_runner, JimJones), a Russian national who is a member of the REvil ransomware group.

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The State of Security

SEPTEMBER 23, 2021

The US Government has underlined once again that it continues to strongly discourage organisations hit by ransomware from giving in to extortion demands, as for the first time it sanctions a cryptocurrency exchange "for laundering cyber ransoms." Read more in my article on the Tripwire State of Security blog.

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CyberSecurity Insiders

FEBRUARY 20, 2022

The United States Department of Justice (DoJ) has announced on Thursday last week that it is going to block misuse of cryptocurrency by cyber criminals by appointing a dedicated team of experts to detect, analyze and prosecute those involved in the crime.

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SC Magazine

JUNE 28, 2021

A technician inspects the backside of a cryptocurrency mining farm in Saint Hyacinthe, Quebec. Cryptocurrency is famously anonymous, but evading capture is not the only reason cryptocurrency is the go-to payment solution for ransomware. First, understanding the role of cryptocurrency in ransomware.

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eSecurity Planet

NOVEMBER 10, 2021

law enforcement officials this week announced the indictments of a Ukrainian national and a Russian citizen in connection with ransomware campaigns by the recently shuttered REvil cybercriminal group, including the high-profile attack on IT software vendor Kaseya earlier this year. Also read: Best Ransomware Removal and Recovery Services.

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Security Affairs

JANUARY 14, 2022

Russia’s FSB announced to have dismantled the REvil ransomware gang, the infamous group behind Kaseya and JBS USA. The Russian Federal Security Service (FSB) announced to have shut down the REvil ransomware gang, the group that is behind a long string of attacks against large organizations, such as Kaseya and JBS USA.

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Malwarebytes

FEBRUARY 13, 2023

CISA and other federal agencies were joined by the National Intelligence Service (NIS) and the Defense Security Agency of the Republic of Korea (ROK) in releasing the latest cybersecurity advisory in the US government's ongoing #StopRansomware effort. This makes Magniber the first ransomware to home in on a single country.

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Security Affairs

JANUARY 2, 2022

North Korea-linked threat actors are behind some of the largest cyberattacks against cryptocurrency exchanges. North Korea-linked APT groups are suspected to be behind some of the largest cyberattacks against cryptocurrency exchanges. billion (2 trillion won) worth of cryptocurrency from multiple exchanges during the past five years.

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Krebs on Security

FEBRUARY 1, 2024

government did not name the victim organization, but there is every indication that the money was stolen from the now-defunct cryptocurrency exchange FTX , which had just filed for bankruptcy on that same day. A graphic illustrating the flow of more than $400 million in cryptocurrencies stolen from FTX on Nov. 11-12, 2022.

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CyberSecurity Insiders

APRIL 12, 2023

The Australian government is set to issue a complete ban on ransomware payments after one of its major financial lenders became the target of a massive file-encrypting malware attack on March 16th this year. Technically, transactions related to digital cryptocurrencies like Bitcoin and Monero are anonymous and therefore hard to ban.

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Malwarebytes

SEPTEMBER 6, 2023

Today's ransomware is the scourge of many organizations. If we define ransomware as malware that encrypts files to extort the owner of the system, then the first malware that could be classified as ransomware is the 1989 AIDS Trojan. But where did it start?

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Security Boulevard

AUGUST 2, 2022

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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Krebs on Security

AUGUST 5, 2021

It’s nice when ransomware gangs have their bitcoin stolen, malware servers shut down, or are otherwise forced to disband. Indeed, some of the most destructive and costly ransomware groups are now in their third incarnation. Indeed, some of the most destructive and costly ransomware groups are now in their third incarnation.

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SC Magazine

JUNE 28, 2021

A technician inspects the backside of a cryptocurrency mining farm in Saint Hyacinthe, Quebec. Cryptocurrency is famously anonymous, but evading capture is not the only reason cryptocurrency is the go-to payment solution for ransomware. First, understanding the role of cryptocurrency in ransomware.

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Krebs on Security

MAY 13, 2024

and Australia in sanctioning and charging a Russian man named Dmitry Yuryevich Khoroshev as the leader of the infamous LockBit ransomware group. ” In an October 2013 discussion on the cybercrime forum Exploit , NeroWolfe weighed in on the karmic ramifications of ransomware. Last week, the United States joined the U.K.

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Malwarebytes

DECEMBER 19, 2022

On June 7, 2021, the US Department of Justice announced a breakthrough : Less than one month after the oil and gas pipeline company Colonial Pipeline had paid its ransomware attackers roughly $4.4 Cryptocurrency is vital to modern cybercrime. But cryptocurrency has matured. million from the cybercriminals. Why is that?

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Security Affairs

JULY 15, 2022

Microsoft researchers linked the Holy Ghost ransomware (H0lyGh0st) operation to North Korea-linked threat actors. The Microsoft Threat Intelligence Center (MSTIC) researchers linked the activity of the Holy Ghost ransomware (H0lyGh0st) operation to a North Korea-linked group they tracked as DEV-0530. ” concludes Microsoft.

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SecureWorld News

FEBRUARY 20, 2024

In a massive coordinated effort, law enforcement agencies from the United States and United Kingdom have dismantled the infrastructure of the notorious LockBit ransomware gang. Authorities also seized more than $1 million of cryptocurrency from LockBit. The authorities have sent a message that ransomware will not be tolerated.

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CyberSecurity Insiders

NOVEMBER 1, 2022

According to a finding of Treasury Department Data shared with world renowned news resource CNN, about $1 billion ransomware payments were made across the United States in the year 2021; probably the most ever reported in the history of cyber crime. What do you think? Will crypto ban help in containing the crime? .

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eSecurity Planet

OCTOBER 8, 2021

The surge in ransomware attacks in the last year have spurred attempts by government officials to bolster cybersecurity defenses, and those actions advanced on multiple fronts this week. Ransomware Fight Goes Global. Ransomware Fight Goes Global. In an op-ed piece published by CNBC, U.S.

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CyberSecurity Insiders

MAY 26, 2022

First is the news related to new ransomware dubbed Cheers that is seen targeting mainly Vmware ESXi Servers. The second is a news piece related to a US Senate report on Ransomware. The Senate Committee on Homeland Security has expressed the government’s helplessness in protecting US Infrastructure from sophisticated cyber threats.

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CyberSecurity Insiders

NOVEMBER 13, 2022

Australian government has imposed a ban on ransom payments in cyber attack incidents as it fears that such payments can encourage crime affecting millions of populaces at a time. In case of ransomware, the victim is being asked to shell out millions to free up data.

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CyberSecurity Insiders

JULY 5, 2021

REvil aka Sodinokibi is being linked to Russian Intelligence and so Biden led US government has launched a serious probe into the incident and are in touch with the Kremlin to know the extent of their involvement in the cyber attack. The post Kaseya Ransomware attack strikes UK Companies appeared first on Cybersecurity Insiders.

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Security Affairs

DECEMBER 14, 2023

French police arrested a Russian national who is suspected of laundering money resulting from the criminal activity of the Hive ransomware gang. The French authorities arrested in Paris a Russian national who is suspected of laundering criminal proceeds for the Hive ransomware gang. anti-cybercrime (Ofac).”

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Krebs on Security

JANUARY 28, 2022

In December 2021, researchers discovered a new ransomware-as-a-service named ALPHV (a.k.a. “ BlackCat “), considered to be the first professional cybercrime group to create and use a ransomware strain written in the Rust programming language. Image: Varonis. Image: Varonis. ” Meanwhile, the U.S.

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Heimadal Security

OCTOBER 18, 2021

Following the last week’s White House National Security Council’s virtual meetings on the Counter-Ransomware Initiative event, senior officials from the U.E. in an Anti-Ransomware Initiative appeared first on Heimdal Security Blog. What Countries Are Involved […]. What Countries Are Involved […].

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Security Affairs

JULY 23, 2022

DoJ seized $500,000 worth of Bitcoin from North Korea-linked threat actors who are behind the Maui ransomware. Department of Justice (DoJ) has seized $500,000 worth of Bitcoin from North Korean threat actors who used the Maui ransomware to target several organizations worldwide. reads the advisory published by US authorties.

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Malwarebytes

OCTOBER 12, 2021

Ransomware attacks are skyrocketing, yet we lack critical data to go after cybercriminals,” said Senator Warren in a prepared release. “My If passed, the “ Ransom Disclosure Act ” would require a broad set of companies, local governments, and nonprofits that actually pay off ransomware demands to report those payments to the government.

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Bleeping Computer

SEPTEMBER 24, 2021

This week's biggest news is the USA sanctioning a crypto exchange used by ransomware gangs to convert cryptocurrency into fiat currency. By targeting rogue exchanges, the US government is hoping to disrupt ransomware's payment system. [.].

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CyberSecurity Insiders

DECEMBER 1, 2022

FBI, in association with CISA, issued a joint statement claiming Cuba Ransomware gang has raked in $60 million in ransom from over 100 victims worldwide. Ransomware is a kind of malware that allows the hacker to steal data and then encrypt a database until a ransom is paid. And might increase the ransom from $60m per target to $145m.

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CyberSecurity Insiders

JULY 22, 2021

Kaseya Software Company has released an update that all its software users who have fallen prey to the ransomware attack will receive a free decryptor to unlock their database files on a respective note. Going with the details, REvil is a ransomware group that is suspected to be linked to Russian Intelligence.

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Security Affairs

FEBRUARY 25, 2024

Last week, a joint law enforcement action, code-named Operation Cronos , conducted by law enforcement agencies from 11 countries disrupted the LockBit ransomware operation. The operation led to the arrest of two members of the ransomware gang in Poland and Ukraine and the seizure of hundreds of crypto wallets used by the group.

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