May 10, 2024 at 02:24PM Ohio Lottery revealed a security breach, exposing personal data of 538,959 individuals to cyber criminals. The stolen data includes names and social security numbers. Despite no reported misuse, the lottery offers credit monitoring and ID theft protection. No group or individual has been attributed to the attack. The cybercriminals have … Read more
May 10, 2024 at 09:06AM The RSA Conference 2024 highlighted the looming threat of sophisticated deepfake media that can manipulate and deceive. Kevin Mandia of Mandiant at Google Cloud warns of the upcoming surge in realistic deepfakes, necessitating new detection and prevention methods such as watermarks. Additionally, there is an urgent need to counter cybercriminals … Read more
May 9, 2024 at 09:57AM The LockBit cybercrime group has claimed responsibility for the ransomware attack on the City of Wichita, Kansas, causing system shutdowns and disrupting services including water utilities, municipal court, and public transportation payments. An investigation is ongoing to determine if any information was compromised. The mastermind behind LockBit, Dimitry Yuryevich Khoroshev, … Read more
May 8, 2024 at 07:26PM BogusBazaar, an organized crime ring, has scammed over 850,000 individuals in Western Europe, Australia, and America, amassing around $50 million over three years. Perpetrators have evaded law enforcement by using a network of fraudulent shopping websites. They utilize fraudulent e-commerce stores to steal credit card data and sell counterfeit goods. … Read more
May 8, 2024 at 05:33PM Netcraft, the leader in digital risk protection, unveiled its Conversational Scam Intelligence platform to combat escalating financial scams. Leveraging generative AI, the platform disrupts criminal attempts, exposing hidden financial networks and deploying countermeasures. This proactive approach aids in preventing fraudulent schemes and mitigating risk for banking providers globally. For more … Read more
May 8, 2024 at 03:35AM Ransomware has plagued the information security landscape for a decade, with attacks increasingly targeting corporations for big payouts. Mikko Hyppönen, chief research officer at WithSecure, warns that the rise in attacks and the value of Bitcoin has created lucrative opportunities for criminals. Despite this, the security industry offers a promising … Read more
May 7, 2024 at 11:57AM The U.K. National Crime Agency has revealed the details of the administrator of the LockBit ransomware, a 31-year-old Russian national named Dmitry Yuryevich Khoroshev. He has been sanctioned by multiple government departments and charged with numerous counts, facing a maximum penalty of 185 years in prison. The dismantling of the … Read more
May 7, 2024 at 11:19AM After years of mystery, law enforcement has named the kingpin of the LockBit ransomware operation as Dmitry Yuryevich Khoroshev. This identificfation is an important step in Operation Cronos’s efforts to disrupt LockBit. Khoroshev offered a $10 million reward to keep his identity secret, but authorities have now revealed it and … Read more
May 3, 2024 at 02:13PM Ukrainian national Yaroslav Vasinskyi, a member of the REvil ransomware group, has been sentenced to more than 13 years in prison after pleading guilty to 11 charges, including fraud, money laundering conspiracy, and damage to protected computers. He was involved in thousands of ransomware attacks, demanding over $700 million in … Read more
May 3, 2024 at 04:15AM Ukrainian national Yaroslav Vasinskyi, 24, was sentenced to 13 years and seven months in the US for his involvement in the REvil ransomware operation, particularly in the Kaseya attack impacting 1,500 organizations. Vasinskyi admitted to launching over 2,500 attacks, demanding $700 million in ransom and laundering proceeds using crypto exchanges. … Read more