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Dutch Police Arrest 3 Hackers Involved in Massive Data Theft and Extortion Scheme

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Feb 27, 2023Ravie Lakshmanan The Dutch police announced the arrest of three individuals in connection with a "large-scale" criminal operation involving data theft, extortion, and money laundering. The suspects include two 21-year-old men from Zandvoort and Rotterdam and an 18-year-old man without a permanent residence. The arrests were made on January 23, 2023. It's estimated … [Read more...] about Dutch Police Arrest 3 Hackers Involved in Massive Data Theft and Extortion Scheme

Mount Locker Ransomware Offering Double Extortion Scheme to Other Hackers

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A relatively new ransomware strain behind a series of breaches on corporate networks has developed new capabilities that allow it to broaden the scope of its targeting and evade security software—as well as with ability for its affiliates to launch double extortion attacks. The MountLocker ransomware, which only began making the rounds in July 2020, has already gained notoriety … [Read more...] about Mount Locker Ransomware Offering Double Extortion Scheme to Other Hackers

21-Year-Old Cypriot Hacker Extradited to U.S. Over Fraud and Extortion Charges

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The United States Department of Justice has extradited two criminals from the Republic of Cyprus—one is a computer hacker suspected of cyber intrusions and extortion, and the other is a money launderer with known connections to the terrorist organization Hezbollah.Both suspects—Joshua Polloso Epifaniou, 21, a resident of Nicosia, and Ghassan Diab, 37, a citizen of Lebanon—were … [Read more...] about 21-Year-Old Cypriot Hacker Extradited to U.S. Over Fraud and Extortion Charges