December 13, 2024 at 02:15AM The U.S. Department of Justice shut down the Rydox marketplace, arresting its Kosovo administrators for selling stolen personal information and cybercrime tools. Rydox facilitated over 7,600 sales, generating $230,000. Additionally, Nigerian national Abiola Kayode was extradited for his role in a $6 million email fraud scheme. ### Meeting Takeaways 1. … Read more
December 6, 2024 at 04:24PM The FBI has arrested 19-year-old Remington Goy Ogletree, linked to the Scattered Spider cybercrime group, for a phishing operation that targeted telecommunications and a national bank. He admitted involvement in sending millions of phishing texts and revealed the group’s tactics. This arrest follows a series of similar crackdowns on Scattered … Read more
December 5, 2024 at 01:18AM The U.K. National Crime Agency led Operation Destabilise, disrupting Russian money laundering networks, resulting in 84 arrests and the seizure of £20 million ($25.4 million). The U.S. Treasury sanctioned several individuals linked to these networks, which facilitated sanctions evasion and organized crime across multiple regions, including the U.K. and South … Read more
December 4, 2024 at 11:47AM German authorities announced the takedown of Crimenetwork, the largest German-speaking illegal online marketplace, which traded illicit goods and cryptocurrencies. An alleged administrator was arrested, and significant assets were seized. This coincided with Europol’s shutdown of Matrix, an encrypted messaging service used by criminals. ### Meeting Takeaways: 1. **Takedown of Crimenetwork**: … Read more
December 4, 2024 at 06:33AM This week, developers unknowingly downloaded compromised versions of the Solana Web3.js library, allowing attackers to steal private keys and drain funds. The malicious versions were available for five hours. Users are advised to update to the clean version and reset all credentials, as their systems may be compromised. ### Meeting … Read more
December 4, 2024 at 05:06AM Cybersecurity researchers have identified a software supply chain attack targeting the @solana/web3.js npm library, with malicious versions 1.95.6 and 1.95.7 designed to steal users’ private keys and drain cryptocurrency wallets. Affected users are advised to update their versions and potentially rotate their authority keys. ### Meeting Takeaways – December 4, … Read more
December 3, 2024 at 10:31AM Operation Passionflower has successfully dismantled MATRIX, an encrypted messaging platform for cybercriminals, following a major investigation across Europe. Authorities seized 40 servers, encrypted phones, and cash, arresting five suspects. Police monitored 2.3 million messages over three months, aiding further investigations into criminal activities linked to the platform. ### Meeting Takeaways … Read more
November 21, 2024 at 07:28AM Five individuals linked to the Scattered Spider cybercrime group have been charged with phishing and stealing millions of dollars in cryptocurrency, according to a report by SecurityWeek. **Meeting Takeaways:** 1. **Charges Filed**: The U.S. has charged five individuals alleged to be members of the Scattered Spider cybercrime group. 2. **Crimes … Read more
November 21, 2024 at 05:00AM Five alleged members of the Scattered Spider cybercrime group have been indicted for targeting U.S. companies through social engineering, stealing credentials to access crypto accounts and personal data worth millions. They face multiple charges, including wire fraud and identity theft, with potential sentences of up to 27 years. ### Meeting … Read more
November 18, 2024 at 02:51PM Evgenii Ptitsyn, a Russian suspected of leading the Phobos ransomware operation, has been extradited from South Korea to the U.S. He faces multiple cybercrime charges for his involvement in extorting over $16 million from more than 1,000 entities by coordinating ransomware attacks since November 2020. ### Meeting Takeaways: 1. **Extradition … Read more