Remove Cybercrime Remove Encryption Remove Hacking Remove Information Security
article thumbnail

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.

article thumbnail

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.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Cactus ransomware gang claims the Schneider Electric hack

Security Affairs

Kroll researchers reported that the ransomware strain outstands for the use of encryption to protect the ransomware binary. Cactus uses the Rclone tool for data exfiltration and used a PowerShell script called TotalExec, which was used in the past by BlackBasta ransomware operators, to automate the deployment of the encryption process.

article thumbnail

TeamTNT is back and targets servers to run Bitcoin encryption solvers

Security Affairs

AquaSec researchers observed the cybercrime gang TeamTNT hijacking servers to run Bitcoin solver since early September. In the first week of September, AquaSec researchers identified at least three different attacks targeting their honeypots, the experts associated them with the cybercrime gang TeamTNT. ” continue the experts.

article thumbnail

Black Basta gang claims the hack of the UK water utility Southern Water

Security Affairs

The Black Basta ransomware gang claimed to have hacked the UK water utility Southern Water, a major player in the UK water industry. In early January, independent security research and consulting team SRLabs discovered a vulnerability in Black Basta ransomware’s encryption algorithm and exploited it to create a free decryptor.

Hacking 115
article thumbnail

New Hive ransomware variant is written in Rust and use improved encryption method

Security Affairs

Hive ransomware operators have improved their file-encrypting module by migrating to Rust language and adopting a more sophisticated encryption method. ” These upgrades prove that Hive is one of the fastest evolving ransomware families in the cybercrime ecosystem. . ” reads the post published by Microsoft.

article thumbnail

New Linux variant of Clop Ransomware uses a flawed encryption algorithm

Security Affairs

A new Linux variant of the Clop ransomware has been observed in the wild, the good news is that its encryption algorithm is flawed. The researchers noticed that the encryption algorithm implemented in the ELF executable is flawed and can allow victims to decrypt locked files without paying a ransom. ” continues the report.