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Russian Man Gets 60 Months Jail for Providing Bulletproof Hosting to Cyber Criminals

Russian Man Gets 60 Months Jail for Providing Bulletproof Hosting to Cyber Criminals
Dec 02, 2021
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 Europeans Sentenced for Providing Bulletproof Hosting to Cyber Criminals

Two Eastern Europeans Sentenced for Providing Bulletproof Hosting to Cyber Criminals
Oct 21, 2021
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

GenAI: A New Headache for SaaS Security Teams

GenAI: A New Headache for SaaS Security Teams
Apr 17, 2024SaaS Security / AI Governance
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
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