A financial firm registered in Canada has emerged as the payment processor for dozens of Russian cryptocurrency exchanges and websites hawking cybercrime services aimed at Russian-speaking customers, new research finds. Meanwhile, an investigation into the Vancouver street address used by this company shows it is home to dozens of …

In November 2022, the password manager service LastPass disclosed a breach in which hackers stole password vaults containing both encrypted and plaintext data for more than 25 million users. Since then, a steady trickle of six-figure cryptocurrency heists targeting security-conscious people throughout the tech industry has led some security …

Enlarge / Holding up corporations, utilities, and hospitals for malware-encrypted data used to be quite profitable. But it's a tough gig lately, you know? (credit: ifanfoto/Getty Images) Two new studies suggest that ransomware isn't the lucrative, enterprise-scale gotcha it used to be. Profits to attackers' wallets, and the percentage …

U.S. state and federal investigators are being inundated with reports from people who’ve lost hundreds of thousands or millions of dollars in connection with a complex investment scam known as “ pig butchering,” wherein people are lured by flirtatious strangers online into investing in cryptocurrency trading platforms that …

Three stories here last week pored over several years’ worth of internal chat records stolen from the Conti ransomware group, the most profitable ransomware gang in operation today. The candid messages revealed how Conti evaded law enforcement and intelligence agencies, what it was like on a typical day at …

Part I of this series examined newly-leaked internal chats from the Conti ransomware group, and how the crime gang dealt with its own internal breaches. Part II explored what it’s like to be an employee of Conti’s sprawling organization. Today’s Part III looks at how Conti …

U.S. and Bulgarian authorities this week seized the darkweb site used by the NetWalker ransomware cybercrime group to publish data stolen from its victims. In connection with the seizure, a Canadian national suspected of extorting more than $27 million through the spreading of NetWalker was charged in a …