Secure Hosting | Breaking Cybersecurity News | The Hacker News

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)...

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...

When people think of cybersecurity threats, they often picture external hackers breaking into networks. However, some of the most damaging breaches stem from within organizations. Whether through negligence or malicious intent, insiders can expose your organization to significant cybersecurity risks. According to Verizon's 2024 Data Breach Investigations Report , 57% of companies experience over 20 insider-related security incidents a year, with human error involved in 68% of data breaches. With that, insider attacks result in the highest costs, averaging USD 4.99 million per attack, as per the 2024 Cost of a Data Breach Report by IBM Security.  What are insider threats? An insider threat originates from within an organization – it's the potential for anyone with authorized access to your critical systems to misuse their access, harming your organization. The worst part is that insiders are already within your IT perimeter and are familiar with your internal security prot...