#CybercrimeEvolution

Cops cuff 22-year-old Brit suspected of being Scattered Spider leader

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June 17, 2024 at 09:03AM Spanish police arrested the alleged leader of cybercrime gang Scattered Spider before he could board a flight to Naples. Suspect, a 22-year-old British national, is linked to attacks on 45 US companies and has amassed a fortune through cybercrime. The group is known for SIM-swapping and ransomware attacks and continues … Read more

Ransomware evolves from mere extortion to ‘psychological attacks’

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May 6, 2024 at 10:19PM Ransomware attacks have evolved into psychological warfare as criminals resort to increasingly personal and aggressive tactics, such as contacting executives’ family members and disrupting critical services. The shift from targeting companies to individuals poses new dilemmas, particularly for healthcare organizations handling sensitive data. Cryptocurrency has facilitated extortion, making it challenging … Read more