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In January 2022, KrebsOnSecurity identified a Russian man named Mikhail Matveev as “ Wazawaka ,” a cybercriminal who was deeply involved in the formation and operation of multiple ransomware groups. government indicted Matveev as a top ransomware purveyor a year later, offering $10 million for information leading to his arrest.
Chainalysis reports that worldwide ransomware payments were down in 2022. Ransomware attackers extorted at least $456.8 When we published last year’s version of this report, for example, we had only identified $602 million in ransomware payments in 2021. million from victims in 2022, down from $765.6
technology companies between 2021 and 2023, including LastPass , MailChimp , Okta , T-Mobile and Twilio. According to prosecutors, the group mainly sought to steal cryptocurrency from victim companies and their employees. A visual depiction of the attacks by the SMS phishing group known as Scattered Spider, and Oktapus.
Russian Phobos ransomware operator Evgenii Ptitsyn, accused of managing attacks, was extradited from South Korea to the US to face cybercrime charges. Russian Phobos ransomware operator Evgenii Ptitsyn, suspected of playing a key role in the ransomware operations, was extradited from South Korea to the US to face cybercrime charges.
In a surprising move related to international cybercrime, Russian authorities have charged Mikhail Matveev, also known as "Wazawaka," with creating ransomware to extort commercial organizations, according to Russian media outlet RIA. His alleged exploits include: The 2021 attack on Washington, D.C.'s Multiple attacks on critical U.S.
Three stories here last week pored over several years’ worth of internal chat records stolen from the Conti ransomware group, the most profitable ransomware gang in operation today. This final post on the Conti conversations explores different schemes that Conti pursued to invest in and steal cryptocurrencies.
TTEC , [ NASDAQ: TTEC ], a company used by some of the world’s largest brands to help manage customer support and sales online and over the phone, is dealing with disruptions from a network security incident resulting from a ransomware attack, KrebsOnSecurity has learned. ET: TTEC confirmed a ransomware attack. Update, 6:20 p.m.
In February, he and Ermakov were arrested on charges of operating a short-lived ransomware affiliate program in 2021 called Sugar (a.k.a. Shefel claims his Sugar ransomware affiliate program was a bust, and never generated any profits. Sugar Locker), which targeted single computers and end-users instead of corporations.
Romanian national was sentenced to 20 years in prison for his role in NetWalker ransomware attacks, pleading guilty to fraud charges in June. Romanian national Daniel Christian Hulea, 30, was sentenced to 20 years in prison for his role in NetWalker ransomware attacks. in cryptocurrency obtained from ransom payments.
In December 2021, researchers discovered a new ransomware-as-a-service named ALPHV (a.k.a. “ BlackCat “), considered to be the first professional cybercrime group to create and use a ransomware strain written in the Rust programming language. Image: Varonis. ” Meanwhile, the U.S.
In 2021, law enforcement continued making a tremendous effort to track down, capture and arrest ransomware operators, to take down ransomware infrastructure, and to claw back ransomware payments. These transformations for ransomware groups will become the source of new attacks. Before BlackMatter it was DarkSide.
SonicWall Cyber Threat report has confirmed that the year 2021 witnessed a record number of ransomware attacks in just 6 months, taking the number to 304.3 Coming to the ransomware spread statistics, SonicWall observed that June 2021 alone witnessed over 78.4 million ransomware attacks.
The Medusa ransomware operation hit over 300 organizations in critical infrastructure sectors in the United States until February 2025. The FBI, CISA, and MS-ISAC have issued a joint advisory detailing Medusa ransomware tactics, techniques, and indicators of compromise (IOCs) based on FBI investigations as recent as February 2025.
The attacks have resulted in millions of dollars in theft, including cryptocurrency and sensitive corporate data, showcasing the ongoing threat of organized cybercrime. Scattered Spider has gained infamy for its high-profile cyberattacks, including the ransomware assault on MGM Casino in 2023 , which caused widespread disruption.
As the world marks the second Anti-Ransomware Day, there’s no way to deny it: ransomware has become the buzzword in the security community. Yet, much of the media attention ransomware gets is focused on chronicling which companies fall prey to it. Part I: Three preconceived ideas about ransomware.
But here’s a news piece that gives details of a ransomware group that paid $6 million in salaries last year and even tried to develop its cryptocurrency. Conti Ransomware group is the hacking group in discussion and is reported to have been led by an individual code named ‘Stern’.
Between September 2021 and April 2023, the hackers carried out phishing attacks to steal login credentials from employees of 12 companies and individuals. Victims included gaming, telecom, and cryptocurrency firms, with losses reaching millions in stolen cryptocurrency and data from hundreds of thousands of accounts.
Experts warn of ongoing attacks targeting QNAP network-attached storage (NAS) devices to abuse them in cryptocurrency mining. Researchers at 360Netlab are warning of a cryptocurrency malware campaign targeting unpatched QNAP network-attached storage (NAS) devices. Unity is an XMRig cryptocurrency miner. and Quick.tar.gz.
Which are the cyber attacks of 2021 that had the major impact on organizations worldwide in terms of financial losses and disruption of the operations? The systems at the company were infected with the Phoenix Locker, a variant of ransomware tracked as Hades that was part of the arsenal of the cybercrime group known as Evil Corp.
government did not name the victim organization, but there is every indication that the money was stolen from the now-defunct cryptocurrency exchange FTX , which had just filed for bankruptcy on that same day. A graphic illustrating the flow of more than $400 million in cryptocurrencies stolen from FTX on Nov. 11-12, 2022.
The year 2021 was eventful in terms of digital threats for organizations and individuals, and financial institutions were no exception. share in 2020 to the second most common in 2021 with 12.2%. The mass change in cybercriminals’ objectives and methods seen in 2020 continued in 2021. Phishing: In 2021, 8.2%
Department of Justice today announced the arrest of Ukrainian man accused of deploying ransomware on behalf of the REvil ransomware gang, a Russian-speaking cybercriminal collective that has extorted hundreds of millions from victim organizations. million in cryptocurrency sent to another REvil affiliate, and that the U.S.
2021 is the second year we have spent living and working in the pandemic. By 2021 everyone got used to pandemic limitations – industrial organization employees and IT security professionals and threat actors. If we compare the numbers from 2020 and 2021, we see that 2021 looks more stable, particularly in H2. Ransomware.
DoJ seized $500,000 worth of Bitcoin from North Korea-linked threat actors who are behind the Maui ransomware. Department of Justice (DoJ) has seized $500,000 worth of Bitcoin from North Korean threat actors who used the Maui ransomware to target several organizations worldwide. ” reads the announcement published by DoJ.
Organizations have paid more than $600 million in cryptocurrency during 2021, nearly one-third to the Conti ransomware gang. and Australia have published a joint advisory warning of an increased globalised threat of ransomware worldwide in 2021. Last week, cybersecurity agencies from the U.K., added the company.
Microsoft researchers linked the Holy Ghost ransomware (H0lyGh0st) operation to North Korea-linked threat actors. The Microsoft Threat Intelligence Center (MSTIC) researchers linked the activity of the Holy Ghost ransomware (H0lyGh0st) operation to a North Korea-linked group they tracked as DEV-0530. ” concludes Microsoft.
Q1 2021 saw the appearance of two new botnets. Cybercriminals exploited several critical vulnerabilities in programs installed on victim devices, including the newly discovered CVE-2021-3007. Botnet operators use infected devices to carry out DDoS attacks or mine cryptocurrency. News overview.
Q4 2021 saw the appearance of several new DDoS botnets. The botnet hijacked new devices by exploiting the CVE-2021-22205 vulnerability, which GitLab patched in April 2021, and carried out DDoS attacks of over 1TB/s. A bug designated as CVE-2021-36260 was found in some Hikvision camera models and patched in September 2021.
billion worth of Bitcoin transactions to ransomware. billion worth of Bitcoin transactions likely associated with operations of top 10 most commonly reported ransomware variants. Studying data generated from ransomware-related SARs, the mean average total monthly suspicious amount of ransomware transactions was $66.4
Australia’s labor party has introduced a bill titled Ransomware Payments Bill 2021 that makes it mandatory for victimized companies to notify the Australian Cyber Security Center (ACSC) before making a ransom payment to a hacker’s gang. A National Ransomware Strategy was being encouraged by labor from February this year.
The German police in cooperation with the US Secret Service have executed search warrants against suspected members of the DoppelPaymer ransomware group in Germany and Ukraine. Cryptocurrency investigators use specialized strategies to track down criminals. Although cryptocurrency is anonymous, that doesn't mean it's untraceable.
USCYBERCOM is urging organizations to patch a critical CVE-2021-26084 flaw in Atlassian Confluence Server and Data Center, ahead of the Labor Day weekend. . US Cyber Command (USCYBERCOM) has issued an alert to warn US organizations to address Atlassian Confluence CVE-2021-26084 vulnerability immediately, ahead of the Labor Day weekend.
French police arrested a Russian national who is suspected of laundering money resulting from the criminal activity of the Hive ransomware gang. The French authorities arrested in Paris a Russian national who is suspected of laundering criminal proceeds for the Hive ransomware gang. anti-cybercrime (Ofac).”
Malware: Ransomware Attacks Don Not Let Up at the End of 2021. In what seems like an appropriate end to a year defined by an increased focus on ransomware, December proved to be a busy month for cyber defenders. Organizations of all kinds around the world fell victim to or became aware of ransomware attacks.
Kaseya Software Company has released an update that all its software users who have fallen prey to the ransomware attack will receive a free decryptor to unlock their database files on a respective note. Going with the details, REvil is a ransomware group that is suspected to be linked to Russian Intelligence.
This week, law enforcement struck a massive blow against the REvil ransomware operation, with multiple arrests announced and the seizure of cryptocurrency. [.].
The government also indicted and sanctioned a top Russian cybercriminal known as Taleon , whose cryptocurrency exchange Cryptex has evolved into one of Russia’s most active money laundering networks. A 2016 screen shot of the Joker’s Stash homepage. The links have been redacted. A screenshot of a website reviewing PM2BTC.
The internet is fraught with peril these days, but nothing strikes more fear into users and IT security pros than the threat of ransomware. A ransomware attack is about as bad as a cyber attack can get. Jump to: What is ransomware? How ransomware works. Preventing ransomware. Ransomware attacks and costs.
Vulnerability in Microsoft Exchange Servers is allowing hackers to deploy hive ransomware and other backdoors, including Cobalt Strike Beacon, having capabilities of stealing cryptocurrency from wallets and deploy crypto mining software. High) to 9.8
More than 90,000 users experienced ransomware attacks. Nearly 18% of all victims published on ransomware gangs’ data leak sites (DLSs) had been hit by RansomHub. According to the UK’s National Crime Agency (NCA), this individual also was behind the infamous Reveton ransomware Trojan spread in 2012 — 2014.
Ragnar Locker Ransomware, notorious hacking group that spreads file encrypting malware to large-scale organizations, has hit a security firm this time and stole data to prove it’s worth. The post Ragnar Locker Ransomware strikes a cybersecurity firm appeared first on Cybersecurity Insiders.
The H1 2021 ICS threat report at a glance. During the first half of 2021 (H1 2021), the percentage of attacked ICS computers was 8% , which was 0.4 Top 15 countries and territories with the largest percentages of ICS computers on which malicious objects were blocked in H1 2021 ( download ). percentage points (p.p.)
All these days the government agencies and corporate networks were busy in combating known ransomware groups such as REvil, Conti, DarkSide, CLOP and Egregor along with Babuk, DopplePaymer and Ragnar. Going deep into the details, LockBit ransomware that existed since Sept’19 and has transformed into a new version dubbed 2.0
In terms of big news, Q2 2021 was relatively calm, but not completely eventless. Q2 2021 was no exception: in early July researchers at Netscout reported an increase in attacks using the Session Traversal Utilities for NAT (STUN) protocol. In general, DDoS ransomware attacks continued to gain momentum. News overview.
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