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How Cryptocurrency Turns to Cash in Russian Banks

Krebs on Security

wtf, and PQHosting ; -sites selling aged email, financial, or social media accounts, such as verif[.]work The site Verif dot work, which processes payments through Cryptomus, sells financial accounts, including debit and credit cards. work and kopeechka[.]store store ; -anonymity or “proxy” providers like crazyrdp[.]com

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Amid an Embarrassment of Riches, Ransom Gangs Increasingly Outsource Their Work

Krebs on Security

One of the most common ways such access is monetized these days is through ransomware , which holds a victim’s data and/or computers hostage unless and until an extortion payment is made. – privilege escalation on accounts with limited rights. THE DOCTOR IS IN. which significantly affects the scale of the conversion rate.

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New Ransom Payment Schemes Target Executives, Telemedicine

Krebs on Security

Ransomware groups are constantly devising new methods for infecting victims and convincing them to pay up, but a couple of strategies tested recently seem especially devious. Department of Health and Human Services (HHS) warned that Venus ransomware attacks were targeting a number of U.S. “ Cl0p ” a.k.a.

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This Service Helps Malware Authors Fix Flaws in their Code

Krebs on Security

His final post on Exploit in May 2017 somewhat jokingly indicated he was joining an upstart ransomware affiliate program. RANSOMWARE DREAMS. 2016 and July 2017 that sought to corner the increasingly lucrative and competitive market for ransomware-as-a-service offerings. “Sodin” and “Sodinokibi”).

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Actions Target Russian Govt. Botnet, Hydra Dark Market

Krebs on Security

and Germany moved to decapitate “ Hydra ,” a billion-dollar Russian darknet drug bazaar that also helped to launder the profits of multiple Russian ransomware groups. That amount included roughly $8 million in ransomware proceeds laundered through Hydra on behalf of multiple ransomware groups, including Ryuk and Conti.

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U.S. Indicts 2 Top Russian Hackers, Sanctions Cryptex

Krebs on Security

In a statement today, the Treasury Department said Ivanov has laundered hundreds of millions of dollars’ worth of virtual currency for ransomware actors, initial access brokers, darknet marketplace vendors, and other criminal actors for approximately the last 20 years. Chainalysis finds that Cryptex has received more than $1.6

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How Do You Fight a $12B Fraud Problem? One Scammer at a Time

Krebs on Security

The fraudsters behind the often laughable Nigerian prince email scams have long since branched out into far more serious and lucrative forms of fraud, including account takeovers, phishing, dating scams, and malware deployment. Ronnie Tokazowski (RT): The why is that there’s a lot of money being lost to this type of fraud.

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