Ryuk Ransomware | Breaking Cybersecurity News | The Hacker News

A Russian national on February 7, 2023, pleaded guilty in the U.S. to money laundering charges and for attempting to conceal the source of funds obtained in connection with Ryuk ransomware attacks. Denis Mihaqlovic Dubnikov, 30, was  arrested  in Amsterdam in November 2021 before he was extradited from the Netherlands in August 2022. He is awaiting sentencing on April 11, 2023. "Between at least August 2018 and August 2021, Dubnikov and his co-conspirators laundered the proceeds of Ryuk ransomware attacks on individuals and organizations throughout the United States and abroad," the Department of Justice (DoJ)  said . Dubnikov and his accomplices are said to have engaged in various criminal schemes designed to obscure the trail of the ill-gotten proceeds. According to DoJ, a chunk of the 250 Bitcoin ransom paid by a U.S. company in July 2019 after a Ryuk attack was sent to Dubnikov in exchange for about $400,000. The crypto was subsequently converted to Tether and trans

An "aggressive" financially motivated threat actor has been identified as linked to a string of RYUK ransomware attacks since October 2018, while maintaining close partnerships with TrickBot-affiliated threat actors and using a publicly available arsenal of tools such as Cobalt Strike Beacon payloads to interact with victim networks. Cybersecurity firm Mandiant attributed the intrusions to a Russian-speaking hacker group rechristened as FIN12, and previously tracked under the name  UNC1878 , with a disproportionate focus on healthcare organizations with more than $300 million in revenue, among others, including education, financial, manufacturing, and technology sectors, located in North America, Europe, and the Asia Pacific. The designation marks the first time a ransomware affiliate group has been promoted to the status of a distinct threat actor. "FIN12 relies on partners to obtain initial access to victim environments," Mandiant researchers  said . "Not

The introduction of Open AI's ChatGPT was a defining moment for the software industry, touching off a GenAI race with its November 2022 release. SaaS vendors are now rushing to upgrade tools with enhanced productivity capabilities that are driven by generative AI. Among a wide range of uses, GenAI tools make it easier for developers to build software, assist sales teams in mundane email writing, help marketers produce unique content at low cost, and enable teams and creatives to brainstorm new ideas.  Recent significant GenAI product launches include Microsoft 365 Copilot, GitHub Copilot, and Salesforce Einstein GPT. Notably, these GenAI tools from leading SaaS providers are paid enhancements, a clear sign that no SaaS provider will want to miss out on cashing in on the GenAI transformation. Google will soon launch its SGE "Search Generative Experience" platform for premium AI-generated summaries rather than a list of websites.  At this pace, it's just a matter of a short time befo