A Russian national who sold the keys to corporate networks faces nearly seven years in a US prison after prosecutors tied his handiwork to a string of ransomware attacks costing victims millions of dollars.
Aleksei Volkov, 26, was sentenced to 81 months behind bars for his role as an initial access broker, a behind-the-scenes operator who breaks into company systems then sells that foothold to other criminals. He was extradited from Italy to the US to face the charges, part of a broader push by authorities to pursue enablers of cybercrime rather than just the crews that carry out the attacks. Prosecutors say Volkov broke into company networks and sold that access on criminal forums, effectively handing over ready-made entry points to ransomware groups and other extortion outfits.
Read more…
Source: The Register News
Sign up for the Cyber Security Review Newsletter
The latest cyber security news and insights delivered right to your inbox
Related:
- Ex-cyber security chief says Government is ‘using’ Westminster attack to grab unnecessary spying powers
March 27, 2017
The Ministry of Defence’s former cyber security chief has accused the Government of trying to “use” the devastating Westminster attack to grab unnecessary and intrusive surveillance powers. Major General Jonathan Shaw said ministers were attempting to “use the moment” to push for security services having more control, despite there being only a weak case for it. Home Secretary Amber Rudd ...
- NSA hacking chief’s mission impossible: Advising White House on cybersecurity
March 15, 2017
NSA hacking crew bossman Rob Joyce is set to join US President Donald Trump’s National Security Council as a cybersecurity adviser. Joyce headed up the NSA’s Tailored Access Operations division, the spy agency’s elite computer exploitation squad. Whispers have been sloshing around since the weekend that Joyce was tapped to shape cybersecurity policy for the Trump administration. ...
- Trump expected to sign cyber security executive order Tuesday
January 30, 2017
January 30, 2017 President Donald Trump is expected to sign an executive order on cyber security on Tuesday, two sources familiar with the situation said, marking the first action to address what he has called a top priority of his administration. The order is expected to commission several different reviews of the government’s offensive and defensive cyber ...
- Court Documents Reveal How Feds Spied On Connected Cars For 15 Years
January 16, 2017
It’s not always necessary to break into your computer or smartphone to spy on you. Today all are day-to-day devices are becoming more connected to networks than ever to add convenience and ease to daily activities. But here’s what we forget: These connected devices can be turned against us because we are giving companies, hackers, and ...
