Bitcoin | Breaking Cybersecurity News | The Hacker News

Ilya Lichtenstein, who pleaded guilty to the 2016 hack of cryptocurrency stock exchange Bitfinex, has been sentenced to five years in prison, the U.S. Department of Justice (DoJ) announced Thursday. Lichtenstein was charged for his involvement in a money laundering scheme that led to the theft of nearly 120,000 bitcoins (valued at over $10.5 billion at current prices) from the crypto exchange. Heather Rhiannon Morgan, his wife, also pleaded guilty to the same crimes last year. They were both arrested in February 2022. Morgan is scheduled to be sentenced on November 18. "Lichtenstein, 35, hacked into Bitfinex's network in 2016, using advanced hacking tools and techniques," the DoJ said in a press statement. "Once inside the network, Lichtenstein fraudulently authorized more than 2,000 transactions transferring 119,754 bitcoin from Bitfinex to a cryptocurrency wallet in Lichtenstein's control." TRM Labs said Lichtenstein exploited a vulnerability in Bit...

The 36-year-old founder of the Bitcoin Fog cryptocurrency mixer has been sentenced to 12 years and six months in prison for facilitating money laundering activities between 2011 and 2021. Roman Sterlingov, a dual Russian-Swedish national, pleaded guilty to charges of money laundering and operating an unlicensed money-transmitting business earlier this March. The U.S. Department of Justice (DoJ) described Bitcoin Fog as the darknet's longest-running cryptocurrency mixer , allowing cybercriminals to conceal the source of their cryptocurrency proceeds. "Over the course of its decade-long operation, Bitcoin Fog gained notoriety as a go-to money laundering service for criminals seeking to hide their illicit proceeds from law enforcement and processed transactions involving over 1.2 million bitcoin, valued at approximately $400 million at the time the transactions occurred," the DoJ said . "The bulk of this cryptocurrency came from darknet marketplaces and was tied ...

Vulnerability Management (VM) has long been a cornerstone of organizational cybersecurity. Nearly as old as the discipline of cybersecurity itself, it aims to help organizations identify and address potential security issues before they become serious problems. Yet, in recent years, the limitations of this approach have become increasingly evident.  At its core, Vulnerability Management processes remain essential for identifying and addressing weaknesses. But as time marches on and attack avenues evolve, this approach is beginning to show its age. In a recent report, How to Grow Vulnerability Management into Exposure Management (Gartner, How to Grow Vulnerability Management Into Exposure Management, 8 November 2024, Mitchell Schneider Et Al.), we believe Gartner® addresses this point precisely and demonstrates how organizations can – and must – shift from a vulnerability-centric strategy to a broader Exposure Management (EM) framework. We feel it's more than a worthwhile read an...

A "multi-faceted campaign" has been observed abusing legitimate services like GitHub and FileZilla to deliver an array of stealer malware and banking trojans such as Atomic (aka AMOS), Vidar, Lumma (aka LummaC2), and Octo by impersonating credible software like 1Password, Bartender 5, and Pixelmator Pro. "The presence of multiple malware variants suggests a broad cross-platform targeting strategy, while the overlapping C2 infrastructure points to a centralized command setup — possibly increasing the efficiency of the attacks," Recorded Future's Insikt Group  said  in a report. The cybersecurity firm, which is tracking the activity under the moniker GitCaught, said the campaign not only highlights the misuse of authentic internet services to orchestrate cyber attacks, but also the reliance on multiple malware variants targeting Android, macOS, and Windows to increase the success rate. Attack chains entail the use of fake profile...

A forensic analysis of a graph dataset containing transactions on the Bitcoin blockchain has revealed clusters associated with illicit activity and money laundering, including detecting criminal proceeds sent to a crypto exchange and previously unknown wallets belonging to a Russian darknet market. The  findings  come from Elliptic in collaboration with researchers from the MIT-IBM Watson AI Lab. The 26 GB dataset, dubbed  Elliptic2 , is a "large graph dataset containing 122K labeled subgraphs of Bitcoin clusters within a background graph consisting of 49M node clusters and 196M edge transactions," the co-authors  said  in a paper shared with The Hacker News. Elliptic2 builds on the  Elliptic Data Set  (aka Elliptic1), a transaction graph that was made public in July 2019 with the goal of  combating financial crime  using graph convolutional neural networks ( GCNs ). The idea, in a nutshell, is to uncover u...

A 31-year-old Moldovan national has been sentenced to 42 months in prison in the U.S. for operating an illicit marketplace called E-Root Marketplace that offered for sale hundreds of thousands of compromised credentials, the Department of Justice (DoJ) announced. Sandu Boris Diaconu was charged with conspiracy to commit access device and computer fraud and possession of 15 or more unauthorized access devices. He pleaded guilty on December 1, 2023. "The E-Root Marketplace operated across a widely distributed network and took steps to hide the identities of its administrators, buyers, and sellers," the DoJ  said  last week. "Buyers could search for compromised computer credentials on E-Root, such as usernames and passwords that would allow buyers to access remote computers for purposes of stealing private information or manipulating the contents of the remote computer." Prospective customers could also search for RDP and SSH credentials based on various filter c...

A 34-year-old Russian-Canadian national has been sentenced to nearly four years in jail in Canada for his participation in the LockBit global ransomware operation. Mikhail Vasiliev , an Ontario resident, was  originally arrested  in November 2022 and charged by the U.S. Department of Justice (DoJ) with "conspiring with others to intentionally damage protected computers and to transmit ransom demands in connection with doing so." News of Vasiliev's jail term was  first reported  by CTV News.  The defendant, who had his home searched by Canadian law enforcement authorities in August and October 2022, is said to have kept a list of "prospective or historical" victims and screenshots of communications exchanged with "LockBitSupp" on the Tox messaging platform. The raid also uncovered a text file with instructions to deploy LockBit ransomware, the ransomware source code, and a control panel used by the e-crime group to deliver the file-locking malware....

Update: The U.K. National Crime Agency (NCA) has confirmed the takedown of LockBit infrastructure. Read here for more details . An international law enforcement operation has led to the seizure of multiple darknet domains operated by  LockBit , one of the most prolific ransomware groups, marking the latest in a long list of digital takedowns. While the full extent of the effort, codenamed  Operation Cronos , is presently unknown, visiting the group's .onion website displays a seizure banner containing the message "The site is now under the control of law enforcement." Authorities from 11 countries, Australia, Canada, Finland, France, Germany, Japan, the Netherlands, Sweden, Switzerland, the U.K., and the U.S., alongside Europol participated in the joint exercise. Malware research group VX-Underground, in a  message  posted on X (formerly Twitter), said the websites were taken down by exploiting a critical security flaw impacting PHP ( CVE-2023-3824 , CVSS score...

A  CACTUS ransomware campaign  has been observed exploiting recently disclosed security flaws in a cloud analytics and business intelligence platform called Qlik Sense to obtain a foothold into targeted environments. "This campaign marks the first documented instance [...] where threat actors deploying CACTUS ransomware have exploited vulnerabilities in Qlik Sense for initial access," Arctic Wolf researchers Stefan Hostetler, Markus Neis, and Kyle Pagelow  said . The cybersecurity company, which said it's responding to "several instances" of exploitation of the software, noted that the attacks are likely taking advantage of three flaws that have been disclosed over the past three months - CVE-2023-41265  (CVSS score: 9.9) - An HTTP Request Tunneling vulnerability that allows a remote attacker to elevate their privilege and send requests that get executed by the backend server hosting the repository application. CVE-2023-41266  (CVSS score: 6.5) - A path tr...

A coalition of law enforcement agencies across Europe and the U.S.  announced  the takedown of ChipMixer, an unlicensed cryptocurrency mixer that began its operations in August 2017. "The ChipMixer software blocked the blockchain trail of the funds, making it attractive for cybercriminals looking to launder illegal proceeds from criminal activities such as drug trafficking, weapons trafficking, ransomware attacks, and payment card fraud," Europol  said  in a statement. The coordinated exercise, besides dismantling the clearnet and dark web websites associated with ChipMixer, also resulted in the seizure of $47.5 million in Bitcoin and 7 TB of data. Mixers, also called tumblers,  offer full anonymity  for a fee by commingling cryptocurrency from different users – both legitimate and criminally-derived funds – in a manner that makes it hard to trace the origins. This is achieved by funneling different payments into a single pool before splitting up each ...

Google has won a lawsuit filed against two Russian nationals in connection with the operation of a botnet called Glupteba , the company  said  last week. The U.S. District Court for the Southern District of New York imposed monetary sanctions against the defendants and their U.S.-based legal counsel. The defendants have also been asked to pay Google's attorney fees. The defendants' move to press sanctions against Google was denied. The development comes nearly a year after the tech giant  took down  the malware's command-and-control infrastructure and initiated legal proceedings against Dmitry Starovikov and Alexander Filippov , who are said to have been in charge of running the illegal botnet. The defendants, along with 15 others, have also been accused of using the malware to create a hacked network of devices to mine cryptocurrencies, harvest victims' personal and financial data, and place disruptive ads. Gluteba is distinguished from its botnet counterpart...

Bitcoin ATM manufacturer General Bytes confirmed that it was a victim of a cyberattack that exploited a previously unknown flaw in its software to plunder cryptocurrency from its users. "The attacker was able to create an admin user remotely via CAS administrative interface via a URL call on the page that is used for the default installation on the server and creating the first administration user," the company  said  in an advisory last week. "This vulnerability has been present in CAS software since version 2020-12-08." It's not immediately clear how many servers were breached using this flaw and how much cryptocurrency was stolen. CAS is short for  Crypto Application Server , a self-hosted product from General Bytes that enables companies to manage Bitcoin ATM ( BATM ) machines from a central location via a web browser on a desktop or a mobile device. The zero-day flaw, which concerned a bug in the CAS admin interface, has been mitigated in two server p...

The first ever incident possibly involving the ransomware family known as Maui occurred on April 15, 2021, aimed at an unnamed Japanese housing company. The disclosure from Kaspersky arrives a month after U.S. cybersecurity and intelligence agencies issued an  advisory  about the use of the ransomware strain by North Korean government-backed hackers to target the healthcare sector since at least May 2021. Much of the data about its modus operandi came from incident response activities and industry analysis of a Maui sample that revealed a lack of "several key features" typically associated with ransomware-as-a-service (RaaS) operations. Not only is Maui designed to be manually executed by a remote actor via a command-line interface, it's also notable for not including a ransom note to provide recovery instructions. Subsequently, the Justice Department  announced  the seizure of $500,000 worth of Bitcoin that were extorted from several organizations, including t...

The U.S. Treasury Department on Monday placed sanctions against crypto mixing service Tornado Cash, citing its use by the North Korea-backed Lazarus Group in the high-profile hacks of Ethereum bridges to launder and cash out the ill-gotten money. Tornado Cash, which allows users to move cryptocurrency assets between accounts by obfuscating their origin and destination, is estimated to have been used to launder more than $7.6 billion worth of virtual assets since its creation in 2019, the department said. Thefts, hacks, and fraud account for $1.54 billion of the total assets sent through the mixer, according to blockchain analytics firm  Elliptic . Crypto mixing is akin to shuffling digital currencies through a black box, blending a certain quantity of cryptocurrency in private pools before transferring it to its designated receivers for a fee. The aim is to make transactions anonymous and difficult to trace. "Despite public assurances otherwise, Tornado Cash has repeatedly f...

A new botnet named Orchard has been observed using Bitcoin creator Satoshi Nakamoto's account transaction information to generate domain names to conceal its command-and-control (C2) infrastructure. "Because of the uncertainty of Bitcoin transactions, this technique is more unpredictable than using the common time-generated [ domain generation algorithms ], and thus more difficult to defend against," researchers from Qihoo 360's Netlab security team said in a Friday write-up. Orchard is said to have undergone three revisions since February 2021, with the botnet primarily used to deploy additional payloads onto a victim's machine and execute commands received from the C2 server. It's also designed to upload device and user information as well as infect USB storage devices to propagate the malware. Netlab's analysis shows that over 3,000 hosts have been enslaved by the malware to date, most of them located in China. Orchard has also been subjected to ...

The U.S. Department of Justice (DoJ) has announced the seizure of $500,000 worth of Bitcoin from North Korean hackers who extorted digital payments from several organizations by using a new ransomware strain known as Maui. "The seized funds include ransoms paid by healthcare providers in Kansas and Colorado," the DoJ  said  in a press release issued Tuesday. The recovery of the bitcoin ransoms comes after the agency said it took control of two cryptocurrency accounts that were used to receive payments to the tune of $100,000 and $120,000 from the medical centers. The DoJ did not disclose where the rest of the payments originated from. "Reporting cyber incidents to law enforcement and cooperating with investigations not only protects the United States, it is also good business," said Assistant Attorney General Matthew G. Olsen of the DoJ's National Security Division. "The reimbursement to these victims of the ransom shows why it pays to work with law en...

The 8220 cryptomining group has expanded in size to encompass as many as 30,000 infected hosts, up from 2,000 hosts globally in mid-2021. "8220 Gang is one of the many low-skill crimeware gangs we continually observe infecting cloud hosts and operating a botnet and cryptocurrency miners through known vulnerabilities and remote access brute forcing infection vectors," Tom Hegel of SentinelOne  said  in a Monday report. The growth is said to have been fueled through the use of Linux and common cloud application vulnerabilities and poorly secured configurations for services such as Docker, Apache WebLogic, and Redis. Active since early 2017, the Chinese-speaking, Monero-mining threat actor was most recently  seen  targeting i686 and x86_64 Linux systems by means of weaponizing a newly disclosed remote code execution exploit for Atlassian Confluence Server (CVE-2022-26134) to drop the PwnRig miner payload. "Victims are not targeted geographically, but simply ident...

An illicit online marketplace known as SSNDOB was taken down in operation led by U.S. law enforcement agencies, the Department of Justice (DoJ) announced Tuesday. SSNDOB trafficked in personal information such as names, dates of birth, credit card numbers, and Social Security numbers of about 24 million individuals in the U.S., generating its operators $19 million in sales revenue. The action saw the seizure of several domains associated with the marketplace — ssndob.ws, ssndob.vip, ssndob.club, and blackjob.biz — in cooperation with authorities from Cyprus and Latvia. According to blockchain analytics firm  Chainalysis , SSNDOB's Bitcoin payment processing system has received nearly $22 million worth of Bitcoin across over 100,000 transactions since April 2015. Furthermore, bitcoin transfers to the tune of more than $100,000 have been unearthed between SSNDOB and  Joker's Stash , another darknet market that specialized in stolen credit card information and voluntarily ...