This is pretty horrific :...a group of men behind a violent crime spree designed to compel victims to hand over access to their cryptocurrency savings. That announcement and the criminal complaint laying out charges against St. Felix focused largely on a single theft of cryptocurrency from an elderly North …
Enlarge (credit: Malte Mueller / Getty ) Cryptocurrency has always made a ripe target for theft —and not just hacking, but the old-fashioned, up-close-and-personal kind, too. Given that it can be irreversibly transferred in seconds with little more than a password, it's perhaps no surprise that thieves have occasionally sought to …
Enlarge (credit: Getty Images) Two men have pleaded guilty to charges of computer intrusion and aggravated identity theft tied to their theft of records from a law enforcement database for use in doxxing and extorting multiple individuals. Sagar Steven Singh, 20, and Nicholas Ceraolo, 26, admitted to being members …
A ransomware gang, annoyed at not being paid, filed an SEC complaint against its victim for not disclosing its security breach within the required four days. This is over the top, but is just another example of the extreme pressure ransomware gangs put on companies after seizing their data …
Enlarge (credit: Getty Images) One of the world’s most active ransomware groups has taken an unusual—if not unprecedented—tactic to pressure one of its victims to pay up: reporting the victim to the US Securities and Exchange Commission. The pressure tactic came to light in a post …
Chainalysis reports that worldwide ransomware payments were down in 2022. Ransomware attackers extorted at least $456.8 million from victims in 2022, down from $765.6 million the year before. As always, we have to caveat these findings by noting that the true totals are much higher, as there …
This article makes LockBit sound like a legitimate organization: The DDoS attack last weekend that put a temporary stop to leaking Entrust data was seen as an opportunity to explore the triple extortion tactic to apply more pressure on victims to pay a ransom. LockBitSupp said that the ransomware …
Brian Krebs has a detailed post about hackers using fake police data requests to trick companies into handing over data. Virtually all major technology companies serving large numbers of users online have departments that routinely review and process such requests, which are typically granted as long as the proper …
The Washington Post reports that the FBI had a decryption key for the REvil ransomware, but didn’t pass it along to victims because it would have disrupted an ongoing operation. The key was obtained through access to the servers of the Russia-based criminal gang behind the July attack …
This seems to be a new tactic : Emsisoft has identified two distinct tactics. In the first, hackers encrypt data with ransomware A and then re-encrypt that data with ransomware B. The other path involves what Emsisoft calls a “side-by-side encryption” attack, in which attacks encrypt some of an organization …
Facebook, Instagram, TikTok, and Twitter this week all took steps to crack down on users involved in trafficking hijacked user accounts across their platforms. The coordinated action seized hundreds of accounts the companies say have played a major role in facilitating the trade and often lucrative resale of compromised …