Russian ransomware gangs account for 69% of all ransom proceeds

July 26, 2024 at 10:30AM Russian-speaking threat actors accounted for over two-thirds, surpassing $500 million, of all ransomware crypto proceeds in the previous year, according to TRM Labs. North Korea leads in cryptocurrency theft, with Asia leading in scams and fraud. Russians dominate in malicious crypto activities, encompassing cybercrime, illicit exchanges, and darknet markets. From … Read more

10,000 Victims a Day: Infostealer Garden of Low-Hanging Fruit

July 15, 2024 at 07:09AM Cybersecurity threat actors are exploiting the cyber ecosystem, offering services ranging from developing and selling infostealer malware to spreading and monetizing stolen data. Specialization and market evolution have lowered the barrier of entry, providing opportunities for anyone to profit from cybercrime. The pervasive problem calls for vigilance and proactive measures … Read more

$700 cybercrime software turns Raspberry Pi into an evasive fraud tool

March 26, 2024 at 04:45PM Cybercriminals are selling GEOBOX, a custom Raspberry Pi software, on Telegram for $80/month or $700/lifetime in cryptocurrency. The tool, discovered by Resecurity, enables anonymous cyberattacks using mini-computers, complicating tracking and investigation. GEOBOX provides fraud and anonymization capabilities, including GPS spoofing, network setting emulation, anti-fraud tools, routing through proxies, and user-friendly … Read more

German Police Seize ‘Nemesis Market’ in Major International Darknet Raid

March 24, 2024 at 01:33AM German authorities seized the digital infrastructure of Nemesis Market, an underground marketplace selling narcotics, stolen data, and cybercrime services. The operation, conducted with support from the U.S. and Lithuania, recovered €94,000 in cryptocurrency assets. Investigations are ongoing, but no arrests have been made. This follows recent law enforcement actions against … Read more

German Authorities Shut Down Online Marketplace for Drugs, Data and Cybercrime Services

March 22, 2024 at 11:00PM German authorities dismantled a major online marketplace for drugs, cybercrime services, and fraudulently obtained credit card data. The Nemesis Market platform’s server infrastructure and 94,000 euros in cryptocurrency were seized in Germany and Lithuania. The platform operated on the darknet and had over 150,000 user accounts and 1,100 seller accounts. … Read more

Darknet marketplace Nemesis Market seized by German police

March 22, 2024 at 12:19PM German police seized infrastructure for the Nemesis Market cybercrime marketplace in Germany and Lithuania, disrupting the site’s operation. The platform allowed illegal transactions, except for child abuse material, contract killings, weapons, and Fentanyl-based substances. Investigations began in October 2022, involving multiple agencies. Recent seizures of similar darknet marketplaces by German … Read more

Ukraine arrests hackers trying to sell 100 million stolen accounts

March 19, 2024 at 02:22PM The Ukrainian cyber police, in collaboration with national police, have arrested three individuals accused of hijacking over 100 million emails and Instagram accounts worldwide, using specialized software to brute-force account passwords. The cybercriminals sold access to compromised accounts and are charged with unauthorized interference in information systems, with a potential … Read more

LockBit ransomware affiliate gets four years in jail, to pay $860k

March 13, 2024 at 07:46AM Russian-Canadian cybercriminal Mikhail Vasiliev sentenced to 4 years in prison by Ontario court for involvement in LockBit ransomware gang, with restitution of $860,000 to Canadian victims and potential extradition to the U.S. LockBit, a ransomware-as-a-service operation, has faced disruption by law enforcement, but despite relaunching, analysis suggests its activities are … Read more