The inner workings of a cybercriminal group known as the Wizard Spider have been exposed, shedding light on its organizational structure and motivations. "Most of Wizard Spider's efforts go into hacking European and U.S. businesses, with a special cracking tool used by some of their attackers to breach high-value targets," Swiss cybersecurity company PRODAFT said in a new … [Read more...] about Researchers Expose Inner Workings of Billion-Dollar Wizard Spider Cybercrime Gang
cybercrime
Russian TrickBot Gang Hacker Extradited to U.S. Charged with Cybercrime
A Russian national, who was arrested in South Korea last month and extradited to the U.S. on October 20, appeared in a federal court in the state of Ohio on Thursday to face charges for his alleged role as a member of the infamous TrickBot group."This is another success for the Department's recently launched Ransomware and Digital Extortion Task Force in dismantling ransomware … [Read more...] about Russian TrickBot Gang Hacker Extradited to U.S. Charged with Cybercrime
Cybercrime Group Asking Insiders for Help in Planting Ransomware
A Nigerian threat actor has been observed attempting to recruit employees by offering them to pay $1 million in bitcoins to deploy Black Kingdom ransomware on companies' networks as part of an insider threat scheme. "The sender tells the employee that if they're able to deploy ransomware on a company computer or Windows server, then they would be paid $1 million in bitcoin, or … [Read more...] about Cybercrime Group Asking Insiders for Help in Planting Ransomware
Dutch Police Arrest Two Hackers Tied to “Fraud Family” Cybercrime Ring
Law enforcement authorities in the Netherlands have arrested two alleged individuals belonging to a Dutch cybercriminal collective who were involved in developing, selling, and renting sophisticated phishing frameworks to other threat actors in what's known as a "Fraud-as-a-Service" operation. The apprehended suspects, a 24-year-old software engineer and a 15-year-old boy, are … [Read more...] about Dutch Police Arrest Two Hackers Tied to “Fraud Family” Cybercrime Ring
Mazafaka — Elite Hacking and Cybercrime Forum — Got Hacked!
In what's a case of hackers getting hacked, a prominent underground online criminal forum by the name of Maza has been compromised by unknown attackers, making it the fourth forum to have been breached since the start of the year. The intrusion is said to have occurred on March 3, with information about the forum members — including usernames, email addresses, and hashed … [Read more...] about Mazafaka — Elite Hacking and Cybercrime Forum — Got Hacked!
Why Cybercrime is Still a Business Challenge in a COVID World
The following is an article that was originally published in Intelligent CIO Magazine and is republished here with its consent. With cybercriminals intent on exploiting organizations to regain access to critical data stores, Scott Jarkoff, Director, Strategic Threat Advisory Group, APJ and EMEA, CrowdStrike, tells us ransomware is the technique of choice for cybercriminals … [Read more...] about Why Cybercrime is Still a Business Challenge in a COVID World
FBI: BEC Scam Losses Almost Double To Reach $1.2 Billion
Overall, in 2018 the FBI received more than 351k reported scams with losses exceeding $2.7 billion. Source link … [Read more...] about FBI: BEC Scam Losses Almost Double To Reach $1.2 Billion