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Suspected REvil Ransomware Affiliates Arrested in Global Takedown

Suspected REvil Ransomware Affiliates Arrested in Global Takedown

November 08, 2021Ravie Lakshmanan
Romanian law enforcement authorities have  announced  the arrest of two individuals for their roles as affiliates of the REvil ransomware family, dealing a severe blow to one of the most prolific cybercrime gangs in history. The suspects are believed to have  orchestrated  more than 5,000 ransomware attacks and extorted close to $600,000 from victims, according to Europol. The arrests, which happened on November 4, are part of a coordinated operation called GoldDust , which has resulted in the arrest of three other REvil affiliates and two suspects connected to GandCrab in Kuwait and South Korea since February 2021. This also includes a 22-year-old Ukrainian national, Yaroslav Vasinskyi, who was arrested in early October and has been accused of perpetrating the  devastating attack  on Florida-based software firm Kaseya in July 2021, affecting up to 1,500 downstream businesses. In all, the seven suspects linked to the two ransomware families are said to have targeted about 7,000 vic
Cybercriminals Hold $115,000-Prize Contest to Find New Cryptocurrency Hacks

Cybercriminals Hold $115,000-Prize Contest to Find New Cryptocurrency Hacks

June 02, 2021Ravie Lakshmanan
A top Russian-language underground forum has been running a "contest" for the past month, calling on its community to submit "unorthodox" ways to conduct cryptocurrency attacks. The forum's administrator, in an announcement made on April 20, 2021, invited members to submit papers that assess the possibility of targeting cryptocurrency-related technology, including the theft of private keys and wallets, in addition to covering unusual cryptocurrency mining software, smart contracts, and non-fungible tokens (NFTs). The contest , which is likely to continue till September 1, will see a total prize money of $115,000 awarded to the best research. "So far, the top candidates (according to forum member voting) include topics like generating a fake blockchain front-end website that captures sensitive information such as private keys and balances, creating a new cryptocurrency blockchain from scratch, increasing the hash rate speed of mining farms and botnets,
18-Year-Old Hacker Gets 3 Years in Prison for Massive Twitter 'Bitcoin Scam' Hack

18-Year-Old Hacker Gets 3 Years in Prison for Massive Twitter 'Bitcoin Scam' Hack

March 17, 2021Ravie Lakshmanan
A Florida teen accused of masterminding the hacks of several high-profile Twitter accounts last summer as part of a widespread cryptocurrency scam pled guilty to fraud charges in exchange for a three-year prison sentence. Graham Ivan Clark, 18, will also serve an additional three years on probation. The development comes after the U.S. Department of Justice (DoJ)  charged  Mason Sheppard (aka Chaewon), Nima Fazeli (aka Rolex), and Clark (then a juvenile) with conspiracy to commit wire fraud and money laundering. Specifically, 30 felony charges were filed against Clark, including one count of organized fraud, 17 counts of communications fraud, one count of fraudulent use of personal information with over $100,000 or 30 or more victims, 10 counts of fraudulent use of personal information, and one count of access to computer or electronic device without authority. On July 15, 2020, Twitter  suffered  one of the biggest security lapses in its history after the attackers managed to hi
Police Arrest 21 WeLeakInfo Customers Who Bought Breached Personal Data

Police Arrest 21 WeLeakInfo Customers Who Bought Breached Personal Data

December 25, 2020Ravie Lakshmanan
21 people have been arrested across the UK as part of a nationwide cyber crackdown targeting customers of WeLeakInfo[.]com, a now-defunct online service that had been previously selling access to data hacked from other websites. The suspects used stolen personal credentials to commit further cyber and fraud offences, the UK National Crime Agency (NCA)  said . Of the 21 arrested — all men aged between 18 and 38 — nine have been detained on suspicion of Computer Misuse Act offences, nine for Fraud offences, and three are under investigation for both. The NCA also seized over £41,000 in bitcoin from the arrested individuals. Earlier this  January , the US Federal Bureau of Investigation (FBI), the NCA, the Netherlands National Police Corps, the German Bundeskriminalamt, and the Police Service of Northern Ireland jointly  seized the domain  of WeLeakInfo.com. Launched in 2017, the service provided its users a search engine to access the personal information illegally obtained from ov
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