Security News
The US has seized nearly $9 million in proceeds generated by exploiting more than 70 victims across the nation in so-called "Pig butchering" scams. Authorities tracked payments to cryptocurrency addresses belonging to one organization known for romance scams and fake cryptocurrency investments, known together as "Pig butchering" which means the marks are "Fattened" for slaughter as they load up scammers' accounts before being taken for as much as the crims can extract.
The world's largest cryptocurrency exchange just got a little smaller, with the US Department of Justice announcing Binance and its CEO Changpeng Zhao have both pleaded guilty to a multitude of financial crimes. According to a criminal case [PDF] unsealed Tuesday, Binance failed to register as a money services business in the United States, broke the Bank Secrecy Act by failing to implement and maintain an anti-money laundering program, and violated the International Emergency Economic Powers Act by allowing US users to transact with individuals in sanctioned countries.
The US' Federal Bureau of Investigation and Cybersecurity and Infrastructure Security Agency have released fresh guidance on the Royal ransomware operation, saying that evidence suggests it may soon undergo a long-speculated rebrand. The security industry has highlighted a suspected link between Royal and BlackSuit for months and the latest update to the security agencies' advisory confirms code overlaps and similarities in intrusion techniques.
Vas pup November 10, 2023 5:39 PM. Sergey Brin's zeppelin: The biggest, greenest aircraft in the worldhttps://aerospaceamerica. "For three years rumors swirled: What could Google billionaire Sergey Brinpossibly be building - in secret and far from public view - inside an old Navy blimp hangar at Moffett Field in California? The answer came in October: Brin's company, LTA Research, revealed Pathfinder 1, an all-composite, extremelygreen, extremely large 123 meters long by 20 meters in diameter new-age zeppelin the size of four Goodyear blimps."
The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) has sanctioned Russian national Ekaterina Zhdanova for laundering millions in cryptocurrency for various individuals,...
And that includes ransomware crims, claims US of alleged sanctions-buster A Russian woman the US accuses of being a career money launderer is the latest to be sanctioned by the country for her...
Three Russian nationals were arrested in New York yesterday on charges of moving electronics components worth millions to sanctioned entities in Russia, pieces of which were later recovered on battlefields in Ukraine. Components "With the same make, model and part number shipped by defendants have been found in seized Russian weapons platforms and signals intelligence equipment in Ukraine," the government alleged.
Top White House officials are working to secure an agreement between almost 50 countries to not pay ransom demands to cybercriminals as the international Counter Ransomware Initiative summit gets underway in Washington DC Tuesday. Second, member governments will also increase their information-sharing capabilities via two dedicated platforms that let countries rapidly exchange threat indicators following ransomware infections.
In a rare display of transparency, US energy services firm BHI Energy details how the Akira ransomware operation breached their networks and stole the data during the attack. In a data breach notification sent by BHI Energy to impacted people, the company provides detailed information on how the Akira ransomware gang breached its network on May 30, 2023.
A Moldovan who allegedly ran the compromised-credential marketplace E-Root has been extradited from the UK to America to stand trial. Sandu Diaconu, 31, along with another individual whose name has been redacted from court documents, allegedly operated the illicit souk selling access to compromised servers worldwide between 2015 and 2020.