US Authorities Attempting to Recover $5.3 Million Stolen in BEC Scam 

June 6, 2024 at 10:39AM The US government filed a civil forfeiture action to recover over $5.3 million lost by a Massachusetts workers union in a business email compromise scam. Cybercriminals tricked the union into transferring the funds using a spoofed email. The fraudsters transferred the money through intermediary bank accounts. Authorities have seized the … Read more

Why Hackers Love Logs

June 6, 2024 at 10:39AM Cybercriminals often target computer log files, which record system actions and are crucial for identifying malfunctions or malicious activity. Logs may contain valuable information for attackers, such as reconnaissance data, PII, means for covering tracks, and methods for disruption and extortion. Common tampering methods include injecting false actions, attacking log … Read more

Uncle Sam seeks to claw back $5M+ stolen from trade union through spoofed email

June 6, 2024 at 09:35AM The US Justice Department seeks to recover over $5 million stolen from a trade union by cyber scammers through a BEC scam. The fraud involved spoofing emails, recruiting money mules, and rapidly moving funds between bank accounts. The department aims to stop such scams, which cause estimated daily losses of … Read more

Interpol and FBI Break Up a Cyber Scheme in Moldova to Get Asylum for Wanted Criminals

June 6, 2024 at 07:42AM Interpol and the FBI conducted a multinational operation in Moldova to dismantle a scheme targeting the Red Notice system. Officials uncovered an international criminal organization with ties to Russia, Ukraine, and Belarus, suspected of cybercrime. Four individuals were detained, suspected of interfering with Red Notices. The operation aims to prevent … Read more

FBI Says It Has 7,000 LockBit Ransomware Decryption Keys

June 6, 2024 at 05:33AM FBI has obtained over 7,000 LockBit ransomware decryption keys, urging victims to contact them for recovery assistance. Victims advised to reach out to the FBI’s IC3 or use a decryptor developed by Japanese police. LockBit malware used in 2,400+ global attacks, causing billions in damages. Alleged mastermind, Russian national Dimitry … Read more

Who are these RansomHub cyber-thieves? Looks like a Knight ransomware reboot

June 5, 2024 at 04:22PM RansomHub, a new cyber-crime group, has been identified as a possible rebrand of the Knight ransomware gang. It has been active in stealing and auctioning off data from various organizations using sophisticated techniques. There is evidence of overlap between RansomHub and Knight’s code, suggesting a connection between the two groups. … Read more

Rebranded Knight Ransomware Targeting Healthcare and Businesses Worldwide

June 5, 2024 at 07:01AM RansomHub, a new ransomware strain, has been identified as a rebranded version of Knight ransomware. It employs double extortion tactics and targets various platforms, using phishing campaigns for distribution. The group behind it has been linked to recent attacks and is recruiting affiliates. Ransomware activity has been on the rise, … Read more

New V3B phishing kit targets customers of 54 European banks

June 4, 2024 at 02:56PM Cybercriminals are promoting ‘V3B,’ a new phishing kit on Telegram targeting customers of major financial institutions in multiple European countries. The kit, priced between $130-$450 per month, features advanced obfuscation, localization options, and a live chat for real-time interactions to obtain sensitive information. This indicates a growing trend in cybercrime. … Read more

Christie’s stolen data sold to highest bidder rather than leaked, RansomHub claims

June 4, 2024 at 10:37AM Cybercriminals behind the attack on Christie’s claimed to have auctioned off the stolen data after the company failed to meet a ransom demand. Christie’s spokesperson confirmed unauthorized access to client data, including personal identity information, leading to a cybersecurity incident. RansomHub sought a ransom payment and later allegedly sold the … Read more

Ransomware Group Claims Cyberattack on Frontier Communications

June 4, 2024 at 08:39AM Ransomware group RansomHub claimed responsibility for the April 2024 cyberattack on Frontier Communications. The attack resulted in certain systems being shut down, leading to possible data theft of personal information of over two million customers. RansomHub threatens to sell the stolen data unless the company takes action within ten days. … Read more