Security News
Many of the victimized entities were U.S.-based financial institutions and brokerage firms that suffered direct system compromise from Mustapha and his co-conspirators, who performed unauthorized transactions using other peoples' brokerage accounts. "The defendant was part of a nefarious group that caused millions of dollars in losses to victims by engaging in a litany of cybercrimes, including widespread hacking, fraud, taking control of victims' securities brokerage accounts, and trading in the name of the victims," stated U.S. Attorney Breon Peace.
The US and the European Union have officially blamed Russia for a series of destructive data-wiping malware infections in Ukrainian government and private-sector networks - and said they will "Take steps" to defend against and respond to Kremlin-orchestrated attacks. Beginning in January, and continuing after Russian troops illegally invaded Ukraine the following month, as Ukrainian websites were vandalized or pummeled offline in distributed denial-of-service attacks, Russian cyberspies planted malicious data-destroying code in Ukraine's computers.
The European Union formally accused Russia of coordinating the cyberattack that hit satellite Internet modems in Ukraine on February 24, roughly one hour before Russia invaded Ukraine. One week after the attack, Viasat confirmed that the satellite modems hit in the cyberattack were wiped using AcidRain data destroying malware.
The US government is offering up to $15 million for information about key leaders of the notorious Conti ransomware group and any individual participating in an attack using a variant of Conti's malware. In its notice issued May 6, the US Department of State said the Conti ransomware variant was the costliest strain of ransomware on record, noting that as of January, there were more than 1,000 victims of attack that involved Conti ransomware, with payouts surpassing $150 million.
The US Department of State is offering up to $15 million for information that helps identify and locate leadership and co-conspirators of the infamous Conti ransomware gang. Up to $10 million of this reward are offered for info on Conti leaders' identity and location, and an additional $5 million for leading to the arrest and/or convictions of individuals who conspired or attempted to participate in Conti ransomware attacks.
The US Department of State is offering up to $15 million for information that helps identify and locate leadership and co-conspirators of the infamous Conti ransomware gang. Up to $10 million of this reward are offered for info on Conti leaders' identity and location, and an additional $5 million for leading to the arrest and/or convictions of individuals who conspired or attempted to participate in Conti ransomware attacks.
The US Treasury has sanctioned cryptocurrency mixer Blender for its role in helping North Korea's Lazarus Group launder stolen digital assets. As the name might suggest, cryptocurrency mixing, or tumbling, can obscure the source of some digital money.
AGCO, a leading US-based agricultural machinery producer, has announced it was hit by a ransomware attack impacting some of its production facilities. Today, AGCO announced that they suffered a ransomware attack yesterday that has impacted some of the company's production facilities.
The U.S. Department of Treasury today sanctioned cryptocurrency mixer Blender.io used last month by the North Korean-backed Lazarus hacking group to launder funds stolen from Axie Infinity's Ronin bridge. In the wake of the attack, Sky Mavis revealed that hackers breached the Ronin bridge on March 23 to steal 173,600 Ethereum and 25.5M USDC tokens in two transactions worth $617 million at the time, the largest cryptocurrency hack in history.
US Cyber Command chief General Paul Nakasone said has revealed the agency he leads conducted nine "Hunt forward" operations last year, sending teams to different counties to help them improve their defensive security posture and hunt for cyberthreats. These missions provide "Security for our nation in cyberspace," said Nakasone, who is also director of the National Security Agency, during a Summit on Modern Conflict and Emerging Threats at Vanderbilt University.