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The ‘Groove’ Ransomware Gang Was a Hoax

Krebs on Security

A number of publications in September warned about the emergence of “ Groove ,” a new ransomware group that called on competing extortion gangs to unite in attacking U.S. It now appears that Groove was all a big hoax designed to toy with security firms and journalists. government interests online. ” reads the Oct.

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Russian Phobos ransomware operator faces cybercrime charges

Security Affairs

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.

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Conti Ransomware Group Diaries, Part I: Evasion

Krebs on Security

A Ukrainian security researcher this week leaked several years of internal chat logs and other sensitive data tied to Conti , an aggressive and ruthless Russian cybercrime group that focuses on deploying its ransomware to companies with more than $100 million in annual revenue. “There will be panic. 428 hospitals.”

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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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Conti Ransomware Group Diaries, Part IV: Cryptocrime

Krebs on Security

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. Before that, Jeffrey Ladish , an information security consultant based in Oakland, Calif., “Cryptocurrency article contest!

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

Krebs on Security

There’s an old adage in information security: “Every company gets penetration tested, whether or not they pay someone for the pleasure.” ” Many organizations that do hire professionals to test their network security posture unfortunately tend to focus on fixing vulnerabilities hackers could use to break in.

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2023 FBI Internet Crime Report reported cybercrime losses reached $12.5 billion in 2023

Security Affairs

The FBI Internet Crime Complaint Center (IC3) 2023 report states that reported cybercrime losses reached $12.5 The 2023 Internet Crime Report published the FBI’s Internet Crime Complaint Center (IC3) reveals that reported cybercrime losses reached $12.5 billion in 2023. billion in 2023.