NetWalker | Breaking Cybersecurity News | The Hacker News

A former affiliate of the Netwalker ransomware has been sentenced to 20 years in prison in the U.S., a little over three months after the  Canadian national pleaded guilty  to his role in the crimes. Sebastien Vachon-Desjardins, 35, has also been ordered to forfeit $21,500,000 that was illicitly obtained from dozens of victims globally, including companies, municipalities, hospitals, law enforcement, emergency services, school districts, colleges, and universities. Launched in 2019, the Netwalker attacks particularly singled out the healthcare sector during the COVID-19 pandemic, opportunistically taking advantage of the situation to extort money from victims. "The defendant in this case used sophisticated technological means to exploit hundreds of victims in numerous countries at the height of an international health crisis," U.S. Attorney Roger B. Handberg for the Middle District of Florida  said . Vachon-Desjardins, an IT engineer working for the Canadian governm...

A former Canadian government employee this week agreed to plead guilty in the U.S. to charges related to his involvement with the NetWalker ransomware syndicate. Sebastien Vachon-Desjardins , who was  extradited to the U.S.  on March 10, 2022, is accused of conspiracy to commit computer fraud and wire fraud, intentional damage to a protected computer, and transmitting a demand in relation to damaging a protected computer. The 34-year-old IT consultant from Gatineau, Quebec, was initially apprehended in January 2021 following a coordinated  law enforcement operation  to dismantle the dark web infrastructure used by the NetWalker ransomware cybercrime group to publish data siphoned from its victims. The takedown also brought its activities to a standstill. A search warrant executed at Vachon-Desjardins's home in Canada resulted in the seizure of 719 bitcoin, valued at approximately $28.1 million at the time, and $790,000 in Canadian currency. In February 2022, the ...

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...