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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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Three Top Russian Cybercrime Forums Hacked

Krebs on Security

At the top of a 35-page PDF leaked online is a private encryption key allegedly used by Maza administrators. . “ Maza ,” “ MFclub “), an exclusive crime forum that has for more than a decade played host to some of the most experienced and infamous Russian cyberthieves. The administrator stated that on Feb.

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The source code of the 2020 variant of HelloKitty ransomware was leaked on a cybercrime forum

Security Affairs

A threat actor has leaked the source code for the first version of the HelloKitty ransomware on a Russian-speaking cybercrime forum. The availability of the source in the cybercrime ecosystem can allow threat actors to develop their own version of the Hello Kitty ransomware. The HelloKitty gang has been active since January 2021.

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Cybercrime to cost over $10 Trillion by 2025

Security Boulevard

With cybercrime rising by 600% during the pandemic, businesses are more vulnerable than ever to the financial and reputational repercussions of cyberattacks. Costs of Cybercrime Global cybercrime costs are on the rise, increasing 15 per cent year over year, according to a 2021 cyberwarfare report by CyberSecurity Ventures.

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Blacktail: Unveiling the tactics of a notorious cybercrime group

CyberSecurity Insiders

In recent months, a cybercrime group known as Blacktail has begun to make headlines as they continue to target organizations around the globe. Two of the most popular tools that have been used by the cybercrime group are LockBit 3.0 The content of this post is solely the responsibility of the author. Both LockBit 3.0

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Malvertising Is a Cybercrime Heavyweight, Not an Underdog

SecureWorld News

Cybercriminals can then exploit the compromised device for various purposes, such as stealing personal information, conducting financial fraud, recruiting it into a botnet, or encrypting data and holding it for ransom. A stepping stone to impactful cybercrime This tactic has tangible real-world implications.

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Apple Abandoned Plans for Encrypted iCloud Backup after FBI Complained

Schneier on Security

This is new from Reuters: More than two years ago, Apple told the FBI that it planned to offer users end-to-end encryption when storing their phone data on iCloud, according to one current and three former FBI officials and one current and one former Apple employee. Reuters could not determine why exactly Apple dropped the plan.