Dutch cops reveal takedown of ‘world’s largest dark web market’

October 10, 2024 at 02:39AM Dutch police arrested the alleged administrators of the Bohemia and Cannabia dark web marketplaces after they attempted an “exit scam” to flee with €5 million in earnings. These sites facilitated approximately 67,000 illegal transactions monthly, primarily involving cannabis, before being shut down amid an international investigation. ### Meeting Takeaways 1. … Read more

The Week in Ransomware – March 8th 2024 – Waiting for the BlackCat rebrand

March 8, 2024 at 06:40PM The BlackCat/ALPHV ransomware gang has shut down after scamming an affiliate for $22 million, amidst increasing calls for a federal ban on ransom payments. Other ransomware activity includes various new variants identified by PCrisk and coordinated attacks by GhostSec and Stormous groups. The impact spans sectors from healthcare to beer … Read more

The Week in Ransomware – March 8th 2024 – Waiting for the DarkSide rebrand

March 8, 2024 at 05:29PM The BlackCat/ALPHV ransomware gang, after targeting critical infrastructure and stealing millions through an exit scam, has shut down. It caused widespread disruption, including $22M stolen from Optum’s Change Healthcare. Other ransomware attacks emerged, leading to concerns about the rise in cybercrime and discussions of a federal ban on ransom payments. … Read more

Exit Scam: BlackCat Ransomware Group Vanishes After $22 Million Payout

March 6, 2024 at 11:27AM BlackCat ransomware operators have shut down their darknet website in an apparent exit scam, following a fake law enforcement seizure banner. The group allegedly received a $22 million ransom payment, refused to share proceeds, and may rebrand in the future. Cybersecurity experts speculate the motives, citing possible internal concerns and … Read more

BlackCat Ransomware Gang Suspected of Pulling Exit Scam

March 6, 2024 at 06:54AM The Alphv/BlackCat gang has announced the shutdown of its ransomware operation and the sale of its source code. This follows a dispute over a $22 million ransom payment from Change Healthcare, with an affiliate claiming the gang refused to share the fee, prompting suspicions of an exit scam. The incident … Read more

BlackCat ransomware turns off servers amid claim they stole $22 million ransom

March 4, 2024 at 12:48PM ALPHV/BlackCat ransomware gang has shut down its servers amid claims they scammed an affiliate of $22 million for an attack on Optum through the Change Healthcare platform. It is unclear if this is an exit scam or a rebranding attempt. The gang has a history of rebranding, with previous iterations … Read more