Russia’s Priorities in Prisoner Swap Suggest Cyber Focus

August 6, 2024 at 01:41PM In a historic prisoner exchange between the US and its allies with Russia, two cybercriminals, Vladislav Klyushin and Roman Seleznev, were exchanged for the release of four Americans, five Germans, and seven Russian political prisoners. The inclusion of cybercriminals in the exchange highlights the significance of cyber operations for the … Read more

INTERPOL Recovers $41 Million in Largest Ever BEC Scam in Singapore

August 6, 2024 at 12:12PM INTERPOL introduced a “global stop-payment mechanism,” aiding recovery of funds in the largest-ever business email compromise (BEC) scam. A Singaporean firm lost $42.3 million to a fraudulent supplier but through INTERPOL’s mechanism and arrests, $39 million was recovered. Additionally, a cryptocurrency exchange, Cryptonator, and its founder face indictments for alleged … Read more

Point of entry: Why hackers target stolen credentials for initial access

August 6, 2024 at 10:19AM Increased incidents of stolen credentials have been giving rise to a thriving market for brokering initial access. Stolen credentials are commonly obtained through social engineering and malware, leading to a 24% increase in breaches. Various methods including brute force attacks are used to steal credentials, posing a major threat. Cybersecurity … Read more

UK plans to revamp national cyber defense tools are already in motion

August 2, 2024 at 06:43AM The UK’s NCSC plans to launch ACD 2.0, a refreshed suite of cyber defense services. Specific details are yet to be revealed, but key principles include providing unique capabilities and transferring services to other government or industry partners within three years. The NCSC seeks input from various sectors for future … Read more

U.S. Releases High-Profile Russian Hackers in Diplomatic Prisoner Exchange

August 2, 2024 at 04:36AM Two Russian cybercrime prisoners were exchanged by Belarus, Germany, Norway, Russia, Slovenia, and the U.S., as part of a historic deal involving 16 individuals. Notable figures released include Roman Valerevich Seleznev, convicted of payment card fraud, and Vladislav Klyushin, owner of a security firm involved in an insider-trading scheme. Additionally, … Read more

UK crimebusters shut down global call-spoofing outfit that claimed 170K-plus victims

August 2, 2024 at 02:47AM The UK’s National Crime Agency (NCA) shut down Russian Coms, a call-spoofing service with hundreds of thousands of victims. Four Brits have been arrested in connection with the operation. The service helped criminals disguise their identities and swindle victims of millions. Global law enforcement efforts are targeting additional users, with … Read more

US sends cybercriminals back to Russia in prisoner swap that freed WSJ journo, others

August 1, 2024 at 08:57PM As part of a multinational prisoner exchange deal announced on Thursday, the US returned two Russian cybercriminals to Russia, and in return, Russia released some of its detainees, including at least one US journalist. The cybercriminals included Roman Seleznev, sentenced for compromising point-of-sale systems, and Vladislav Klyushin, convicted of stealing … Read more

Convicted Cybercriminals Included in Russian Prisoner Swap

August 1, 2024 at 03:42PM Two Russian prisoners, Vladislav Klyushin and Roman Seleznev, were part of a high-profile prisoner swap between the U.S., Russia, Germany, and Western nations. Klyushin, connected to the Kremlin, was serving a 9-year sentence for a stock market cheating scheme, while Seleznev was sentenced to 27 years for hacking and stealing … Read more

Black Basta Develops Custom Malware in Wake of Qakbot Takedown

August 1, 2024 at 03:39PM The Black Basta ransomware group has evolved its tactics by using custom tools and new initial access techniques after the takedown of the Qakbot botnet. This shift has enabled the group to continue flourishing in cybercriminal operations, with the development of custom malware like SilentNight, Cogscan, and Knotrock, posing a … Read more

Massive OTP-Stealing Android Malware Campaign Discovered 

July 31, 2024 at 01:09PM The text outlines SecurityWeek’s focus areas, including cybersecurity news, webcasts, virtual events, and specific topics such as malware, cyberwarfare, data breaches, and various security technologies. It also highlights segments such as CISO strategy, supply chain security, and industrial cybersecurity, along with information on conferences, funding, and mergers and acquisitions. It … Read more