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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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Russia Charges Notorious Ransomware Developer in Rare Cybercrime Case

SecureWorld News

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.

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EDR-as-a-Service makes the headlines in the cybercrime landscape

Security Affairs

This approach reflects the as-a-service logic already prevalent in other areas of the cybercrime sector, significantly reducing the level of technical knowledge needed by those wishing to access this confidential data.

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Evolving Cybercrime: Inside the Russian-Speaking Underground

Penetration Testing

The Russian-speaking cybercriminal underground remains a dominant force in the global cybercrime landscape. A recent report by Trend Micro, marking the 50th installment in their series on this subject, highlights the underground’s sophistication, resilience, and significant impact.

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U.S. Offered $10M for Hacker Just Arrested by Russia

Krebs on Security

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.

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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.

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Ransomware Is Getting Ugly

Schneier on Security

Modern ransomware has two dimensions: pay to get your data back, and pay not to have your data dumped on the Internet. The Colonial Pipeline is another current high-profile ransomware victim. Ransomware has become the most profitable cybercrime business model, and until we solve those two problems, that’s not going to change.