Three arrested as INTERPOL, Group-IB and the Nigeria Police Force disrupt prolific cybercrime group

Three suspects have been arrested in Lagos following a joint INTERPOL, Group-IB and Nigeria Police Force cybercrime investigation. The Nigerian nationals are believed to be members of a wider organized crime group responsible for distributing malware, carrying out phishing campaigns Read More …

US: We’ve just seized $1bn in bitcoin stolen from Silk Road by ‘Individual X’ hacker

The US Justice Department says it’s seized $1bn in bitcoin allegedly stolen by a hacker from Silk Road creator Ross Ulbricht before his arrest for running the dark-web market. Announcing the bitcoin seizure from the unnamed hacker, the Department of Read More …

US, Brazilian law enforcement seize $24 million in cryptocurrency generated through online fraud

US and Brazilian authorities have seized $24 million in cryptocurrency connected to an online scheme that allegedly defrauded “tens of thousands” of investors. Upon request from the government of Brazil, US law enforcement participated in “Operation Egypto,” a Brazilian federal Read More …

US brokerage firms warned of widespread survey phishing attacks

The U.S. Financial Industry Regulatory Authority (FINRA) has issued a notice warning member brokerage firms of widespread phishing attacks using surveys to harvest information. FINRA is a non-profit organization and self-regulatory body authorized by the U.S. government to regulate exchange Read More …

Ransomware gang targets Russian businesses in rare coordinated attacks

Security firm Group-IB says it identified a new cybercrime group that, for the past six months, has repeatedly and intentionally targeted Russian businesses with malware and ransomware attacks. Named OldGremlin, Group-IB says the hackers are behind targeted attacks with a Read More …

CEO of cyber fraud startup NS8 arrested for defrauding investors in $123m scheme

The chief executive of cyber fraud prevention company NS8 has been arrested and charged for defrauding the firm’s own investors. Adam Rogas was arrested in Las Vegas, Nevada, the US Department of Justice (DoJ) and US Securities and Exchange Commission Read More …

Commodified Cybercrime Infrastructure – Exploring the Underground Services Market for Cybercriminals

Beyond standard underground offerings such as malware and exploit kits, cybercriminals also value having a stable hosting infrastructure that underpins all their activities. Such an infrastructure could host malicious content and the necessary components for controlling their operations (e.g., bulletproof Read More …

Elon Musk confirmed Russian’s plans to extort Tesla

The FBI thwarted the plans of 27-year-old Russian national Egor Igorevich Kriuchkov to recruit an insider within Tesla’s Nevada Gigafactory, persuade him to plant malware on the company’s network, and then ransom Tesla under threat that he would leak data Read More …