A coordinated law enforcement operation has resulted in the arrest of 11 members allegedly belonging to a Nigerian cybercrime gang notorious for perpetrating business email compromise (BEC) attacks targeting more than 50,000 victims in recent years. The disruption of the BEC network is the result of a ten-day investigation dubbed Operation Falcon II undertaken by …
In an unprecedented move, Russia’s Federal Security Service (FSB), the country’s principal security agency, on Friday disclosed that it arrested several members belonging to the notorious REvil ransomware gang and neutralized its operations. The surprise operation, which it said was carried out at the request of the U.S. authorities, saw the law enforcement agency conduct …
The U.S. government on Monday charged a Ukrainian suspect, arrested in Poland last month, with deploying REvil ransomware to target multiple businesses and government entities in the country, including perpetrating the attack against software company Kaseya, marking the latest action to crack down on the cybercrime group and curb further attacks. According to unsealed court …
A Russian national, who was arrested in South Korea last month and extradited to the U.S. on October 20, appeared in a federal court in the state of Ohio on Thursday to face charges for his alleged role as a member of the infamous TrickBot group. Court documents showed that Vladimir Dunaev, 38, along with …
Unidentified threat actors breached a server running an unpatched, 11-year-old version of Adobe’s ColdFusion 9 software in minutes to remotely take over control and deploy file-encrypting Cring ransomware on the target’s network 79 hours after the hack. The server, which belonged to an unnamed services company, was used to collect timesheet and accounting data for …
Cybersecurity researchers have disclosed details about an early development version of a nascent ransomware strain called Diavol that has been linked to threat actors behind the infamous TrickBot syndicate. The latest findings from IBM X-Force show that the ransomware sample shares similarities to other malware that has been attributed to the cybercrime gang, thus establishing …
The cybercrime ring that was apprehended last week in connection with Clop (aka Cl0p) ransomware attacks against dozens of companies in the last few months helped launder money totaling $500 million for several malicious actors through a plethora of illegal activities. “The group — also known as FANCYCAT — has been running multiple criminal activities: …
DarkSide, the hacker group behind the Colonial Pipeline ransomware attack earlier this month, received $90 million in bitcoin payments following a nine-month ransomware spree, making it one of the most profitable cybercrime groups. “In total, just over $90 million in bitcoin ransom payments were made to DarkSide, originating from 47 distinct wallets,” blockchain analytics firm …
The cybercrime syndicate behind Babuk ransomware has leaked more personal files belonging to the Metropolitan Police Department (MPD) after negotiations with the DC Police broke down, warning that they intend to publish all data if their ransom demands are not met. “The negotiations reached a dead end, the amount we were offered does not suit …
Enterprise cloud security firm Qualys has become the latest victim to join a long list of entities to have suffered a data breach after zero-day vulnerabilities in its Accellion File Transfer Appliance (FTA) server were exploited to steal sensitive business documents. As proof of access to the data, the cybercriminals behind the recent hacks targeting …