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 …

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 …

Ukraine arrests gang who ran 20 crypto-exchanges and laundered money for ransomware gangs

Law enforcement in Ukraine has announced today the arrest of a cybercrime gang who ran 20 cryptocurrency exchanges where they laundered more than $42 million in funds for criminal groups. The group, which authorities said had three members, has been Read More …

Online crime in Africa a bigger threat than ever before, INTERPOL report warns

Despite lower online connectivity, organized crime groups are using online tools for a range of illicit activities A new INTERPOL report on online organized crime in Africa shows how digitalization is transforming almost every major crime area across the continent. Read More …

E.U. Authorities Crack Encryption of Massive Criminal and Murder Network

European law-enforcement officials have shut down an encrypted Android-based communications platform used exclusively by criminals to plot murders, traffic illegal drugs, commit money laundering and plan other organized crimes. An international law-enforcement team from the France and the Netherlands cracked the encryption Read More …

Germany launches terrorism probe over planned attack on Muslims

German authorities arrested a 21-year-old man and launched a terrorism investigation after he threatened to carry out an attack targeting Muslims, prosecutors said on Monday. The 21-year-old man from the northern city of Hildesheim made the threat in an anonymous Read More …

Ransomware gangs team up to form extortion cartel

Ransomware gangs are teaming up to extort victims through a shared data leak platform, and the exchange of tactics and intelligence. In November 2019, the Maze Ransomware operators transformed ransomware attacks into data breaches after they released unencrypted data of a victim who refused Read More …

SilverTerrier: New COVID-19 Themed Business Email Compromise Schemes

Focusing on one of the most active subsets of the global threat landscape, Palo Alto Networks Unit 42 tracks Nigerian cyber criminals involved in Business Email Compromise (BEC) activities under the name SilverTerrier. Over the past 90 days (Jan. 30 – Read More …

A look at the ATM/PoS malware landscape from 2017-2019

From remote administration and jackpotting, to malware sold on the Darknet, attacks against ATMs have a long and storied history.  And, much like other areas of cybercrime, attackers only refine and grow their skillset for infecting ATM systems from year-to-year. So what Read More …