Security News
The U.S. Justice Department on Tuesday announced the arrest of a married couple in connection with conspiring to launder cryptocurrency worth $4.5 billion that was siphoned during the hack of the virtual currency exchange Bitfinex in 2016. Ilya Lichtenstein, 34, and his wife, Heather Morgan, 31, both of New York, are alleged to have "Stolen funds through a labyrinth of cryptocurrency transactions," with the law enforcement getting hold of over $3.6 billion in cryptocurrency by following the money trails, resulting in the "Largest financial seizure ever."
Russia arrested six people today, allegedly part of a hacking group involved in the theft and selling of stolen credit cards. Russian media reports that the arrests come at the request of investigators from the Ministry of Internal Affairs of the Russian Federation.
Russia arrested six people today, allegedly part of a hacking group that was involved in the theft and selling of stolen credit cards. Russian media reports that the arrests come at the request of investigators from the Ministry of Internal Affairs of the Russian Federation.
The Russian Federal Security Service and law enforcement have arrested Andrey Sergeevich Novak, the alleged leader of the Infraud Organization, a hacker group that caused losses of more than $560 million in seven years of activity.The Infraud Organization was involved in acquiring and trading of stolen payment card data and identities on the Infraud carding portal.
Dark Web forum posts uncovered by Trustwave show that the recent arrests in Russia have triggered major concerns among fellow criminals. It's these arrests that appear to be causing fear among other cybercriminals.
Russian news agency Tass reported over the weekend that the "Purported founder" of a notorious cybercrime group known as Infraud Organisation has been arrested. As a side-effect of the American indictment, 13 people were arrested in seven different countries: Australia, France, Italy, Kosovo, Serbia, the UK and the US. The DOJ claimed to have evidence at the time that Infraud Org, operating under the unrepentant motto In Fraud We Trust, was responsible for more than $500 million in actual losses, and more than $2 billion in what law enforcement referred to as "Intended losses".
Finally, in research released by security companies we learned that White Rabbit ransomware is linked to FIN8 hackers, new analysis of the BlackCat/ArchV and Avaddon ransomware operations, and the FBI linking Diavol to the TrickBot Group. PCrisk found two new STOP ransomware variants that append the.
In coordination with the Nigerian Police Force, Interpol has arrested 11 individuals suspected of participating in an international BEC ring. BEC is a type of attack conducted via email involving the spear-phishing of certain company employees responsible for approving payments to contractors, suppliers, etc.
In an unprecedented move, Russia's Federal Security Service, the country's principal security agency, on Friday disclosed that it arrested several members belonging to the notorious REvil ransomware gang and neutralized its operations. One of the most active ransomware crews last year, REvil took responsibility for high-profile attacks against JBS and Kaseya, among a string of several others.
More than a dozen members of the REvil ransomware group have been arrested courtesy of the Russian government. The Biden administration has been pressuring Russia to take ransomware and its perpetrators seriously, especially amid allegations that groups like REvil have operated with at least the tacit permission of the former Soviet Union.