cybercrime

Police seize Matrix encrypted chat service after spying on criminals

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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

Russia gives life sentence to Hydra dark web kingpin after seizing a ton of drugs

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December 3, 2024 at 02:34AM A Russian court sentenced Hydra’s leader, Stanislav Moiseev, to life for running an online drug marketplace, alongside 15 co-conspirators receiving 8 to 23 years. The gang was charged with drug production and sales, with their operations disrupted in 2022 following an international police raid. Appeals are expected. Here are the … Read more

Korea arrests CEO for adding DDoS feature to satellite receivers

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December 2, 2024 at 04:14PM South Korean police arrested a CEO and five employees for producing 240,000 satellite receivers with illegal DDoS attack capabilities. The receivers, sold to a foreign company, were used to counter competition. Authorities, alerted by Interpol, seized assets worth $4.35 million. The purchasing company operators remain at large. **Meeting Takeaways:** 1. … Read more

Interpol Cyber-Fraud Action Nets More Than 5K Arrests

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December 2, 2024 at 04:07PM Operation HAECHI V, involving law enforcement from 40 countries, led to the arrest of over 5,500 suspects and the seizure of $400 million in virtual assets, targeting various cyber frauds. Notably, a voice-phishing syndicate linked to $1.1 billion in losses was dismantled. Interpol emphasized the importance of international cooperation in … Read more

Russia arrests one of its own – a cybercrime suspect on FBI’s most wanted list

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December 2, 2024 at 07:44AM Mikhail Pavlovich Matveev, a notorious cybercriminal and alleged ransomware mastermind, was reportedly arrested by Russian authorities. Indicted by the US in 2023 with a $10 million reward for his capture, his arrest might signal a shift in Russia’s approach to cybercrime, possibly linked to financial pressures due to the Ukraine … Read more

Russian Hacker With $10 Million Bounty on His Head Reportedly Arrested

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December 2, 2024 at 04:52AM Russian authorities have arrested Mikhail Pavlovich Matveev, known for his alleged involvement in ransomware attacks, including LockBit and Hive. Wanted by the U.S., he was added to the FBI’s most wanted list in May 2023, which offered a $10 million bounty for information leading to his capture. ### Meeting Takeaways: … Read more

INTERPOL Arrests 5,500 in Global Cybercrime Crackdown, Seizes Over $400 Million

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December 2, 2024 at 03:09AM A global law enforcement operation, Operation HAECHI-V, arrested over 5,500 suspects tied to financial crimes and seized $400 million in virtual assets. Conducted by authorities from 40 regions between July and November 2024, the coordinated effort highlights the critical need for international police cooperation to combat cybercrime effectively. **Meeting Takeaways … Read more

Interpol nabs thousands, seizes millions in global cybercrime-busting op

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December 1, 2024 at 03:28PM Interpol’s Operation HAECHI V, funded by South Korea, led to over 5,500 anti-cybercrime arrests and seized over $400 million in assets from scams targeting various crimes. The operation, involving 40 countries, highlighted ongoing threats like romance scams and stablecoin thefts. Additionally, UK businesses lost £44 billion to cyberattacks in five … Read more

RansomHub claims to net data hat-trick against Bologna FC

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November 30, 2024 at 04:35AM Bologna FC reportedly fell victim to the RansomHub cybercrime gang, which claims to have stolen sensitive data, including the employment contract of manager Vincenzo Italiano and personal information of players. The club confirmed a ransomware attack affected its security systems, issuing a warning against the dissemination of stolen data. ### … Read more

Wanted Russian Cybercriminal Linked to Hive and LockBit Ransomware Has Been Arrested

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November 30, 2024 at 02:42AM Russian cybercriminal Mikhail Pavlovich Matveev, linked to LockBit and Hive ransomware, has been arrested. He is charged with developing a malware program for encrypting files and demanding ransom. Matveev has been under U.S. indictment since May 2023, facing consequences for his extensive cybercrime activities. ### Meeting Takeaways – Ransomware / … Read more