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A Russian national charged with providing bulletproof hosting services for cybercriminals, who used the platform to spread malware and attack U.S. organizations and financial institutions between 2009 to 2015, has received a 60-month prison sentence. 34-year-old Aleksandr Grichishkin, along with Andrei Skvortsov, founded the bulletproof hosting service and rented its infrastructure to other criminal clientele for distributing a wide range of malware and attempted to cause millions of dollars in losses to U.S. victims.  Skvortsov is pending sentencing and faces a maximum penalty of 20 years in prison. Bulletproof hosting operations are similar to regular web hosting, but are a lot more lenient about what can be hosted on their servers. They are known for providing secure hosting for malicious content and activity and assuring anonymity to threat actors. Grichishkin, in May,  pleaded guilty  to conspiracy to engage in a racketeer-influenced corrupt organization (RICO). Acting as th

Two Eastern European nationals have been sentenced in the U.S. for offering "bulletproof hosting" services to cybercriminals, who used the technical infrastructure to distribute malware and attack financial institutions across the country between 2009 to 2015. Pavel Stassi, 30, of Estonia, and Aleksandr Shorodumov, 33, of Lithuania, have been each sentenced to 24 months and 48 months in prison, respectively, for their roles in the scheme. Court documents showed that both the individuals worked as administrators for an unnamed bulletproof hosting service provider that rented out IP addresses, servers, and domains to cybercriminal clients to disseminate malware such as Zeus, SpyEye, Citadel, and the Blackhole Exploit kit that were used to gain access to victims' machines, co-opt them to a botnet, and siphon banking credentials. The development comes months after Stassi and Shorodumov, along with the service's Russian founders Aleksandr Grichishkin and Andrei Skvort

Compromising the browser is a high-return target for adversaries. Browser extensions, which are small software modules that are added to the browser and can enhance browsing experiences, have become a popular browser attack vector. This is because they are widely adopted among users and can easily turn malicious through developer actions or attacks on legitimate extensions. Recent incidents like  DataSpii  and the  Nigelthorn  malware attack have exposed the extent of damage that malicious extensions can inflict. In both cases, users innocently installed extensions that compromised their privacy and security. The underlying issue lies in the permissions granted to extensions. These permissions, often excessive and lacking granularity, allow attackers to exploit them. What can organizations do to protect themselves from the risks of browser extensions without barring them from use altogether (an act that would be nearly impossible to enforce)?  A new report by LayerX, "Unveiling the