NetWalker | Breaking Cybersecurity News | The Hacker News

A dual Russian and Israeli national has been charged in the United States for allegedly being the developer of the now-defunct LockBit ransomware-as-a-service (RaaS) operation since its inception in or around 2019 through at least February 2024. Rostislav Panev , 51, was arrested in Israel earlier this August and is currently awaiting extradition, the U.S. Department of Justice (DoJ) said in a statement. Based on fund transfers to a cryptocurrency wallet owned by Panev, he allegedly earned approximately $230,000 between June 2022 and February 2024. "Rostislav Panev for years built and maintained the digital weapons that enabled his LockBit co-conspirators to wreak havoc and cause billions of dollars in damage around the world," U.S. Attorney Philip R. Sellinger said . LockBit, which was one of the most prolific ransomware groups, had its infrastructure seized in February 2024 as part of an international law enforcement operation called Cronos. It gained notoriety for tar...

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...

Every week seems to bring news of another data breach, and it's no surprise why: securing sensitive data has become harder than ever. And it's not just because companies are dealing with orders of magnitude more data. Data flows and user roles are constantly shifting, and data is stored across multiple technologies and cloud environments. Not to mention, compliance requirements are only getting stricter and more elaborate.  The problem is that while the data landscape has evolved rapidly, the usual strategies for securing that data are stuck in the past. Gone are the days when data lived in predictable places, with access controlled by a chosen few. Today, practically every department in the business needs to use customer data, and AI adoption means huge datasets, and a constant flux of permissions, use cases, and tools. Security teams are struggling to implement effective strategies for securing sensitive data, and a new crop of tools, called data security platforms, have appear...

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 ...