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ShadowSyndicate: A New Cybercrime Group Linked to 7 Ransomware Families

The Hacker News

Cybersecurity experts have shed light on a new cybercrime group known as ShadowSyndicate (formerly Infra Storm) that may have leveraged as many as seven different ransomware families over the past year.

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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.

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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. kapuchin0 claims that the leaked code is the first breach of the HelloKitty ransomware. kapuchin0 claims that the leaked code is the first breach of the HelloKitty ransomware.

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Ransomware Attacks are Up, but Profits are Down: Chainalysis

Security Boulevard

In the ever-evolving world of ransomware, it’s getting easier for threat groups to launch attacks – as evidence by the growing number of incidents – but more difficult to make a profit. The post Ransomware Attacks are Up, but Profits are Down: Chainalysis appeared first on Security Boulevard.

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Nigeria, Romania, Russia, U.S. Among Top Cybercrime Nations

Security Boulevard

Russia and Ukraine topped a list of cybercrime-producing nations, followed by China and the United States, with African nation Nigeria rounding out the top five. Among Top Cybercrime Nations appeared first on Security Boulevard. The post Nigeria, Romania, Russia, U.S.

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Russian Hacker “Wazawaka” Indicted for Ransomware

Krebs on Security

A Russian man identified by KrebsOnSecurity in January 2022 as a prolific and vocal member of several top ransomware groups was the subject of two indictments unsealed by the Justice Department today. And on April 26, 2021, Matveev and his Babuk gang allegedly deployed ransomware against the Metropolitan Police Department in Washington, D.C.

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Ransomware Shuts Down US Pipeline

Schneier on Security

This is a major story : a probably Russian cybercrime group called DarkSide shut down the Colonial Pipeline in a ransomware attack. This is the new and improved ransomware attack: the hackers stole nearly 100 gig of data, and are threatening to publish it. The pipeline supplies much of the East Coast.