Cybercriminal devoid of boundaries gets 10-year prison sentence

November 14, 2024 at 03:29PM Robert Purbeck, 45, was sentenced to ten years in prison for cybercrimes targeting medical facilities and other organizations across the U.S. He extorted at least $1 million from 19 victims, including threatening their personal safety. Purbeck also faces three years of supervised release following his prison term. ### Meeting Takeaways: … Read more

Here’s what we know about the suspected Snowflake data extortionists

November 12, 2024 at 04:15PM Two men, Connor Moucka and John Binns, are indicted for compromising multiple organizations’ Snowflake cloud environments, stealing sensitive data, and extorting over $2.5 million from at least three victims. They face multiple charges, including computer fraud and aggravated identity theft, connected to extensive data breaches and ransom demands. **Meeting Takeaways: … Read more

North Korean IT Workers in Western Firms Now Demanding Ransom for Stolen Data

October 18, 2024 at 10:48AM North Korean IT workers are infiltrating Western companies under false identities, stealing intellectual property, and demanding ransoms, indicating a shift towards more aggressive tactics. Secureworks highlights evolving risks, advocating for rigorous recruitment checks and awareness regarding suspicious behaviors and financial activities to mitigate insider threats and data extortion. ### Meeting … Read more

North Korean Fake IT Workers Extort Employers After Stealing Data

October 18, 2024 at 06:40AM North Korean nationals posing as IT workers have been extorting employers by gaining insider access and stealing data. This highlights the security risks associated with hiring foreign IT professionals, particularly those from North Korea. **Meeting Takeaways:** 1. **Issue Identified:** North Korean nationals are posing as IT workers. 2. **Motivation:** They … Read more

Russian Member of Karakurt Cyber Extortion Gang Charged in US

August 23, 2024 at 05:51AM Deniss Zolotarjovs, a 33-year-old Russian national, has been charged in the US for his role in the cybercrime gang Karakurt, known for data theft and extortion. Zolotarjovs was arrested in Georgia in December 2023, extradited to the US, and appeared in a US District Court in Cincinnati to face charges … Read more

U.S. charges Karakurt extortion gang’s “cold case” negotiator

August 22, 2024 at 09:09AM Deniss Zolotarjovs, a member of the Russian Karakurt ransomware group, has been charged in the U.S. for money laundering, wire fraud, and extortion crimes. As a key negotiator for the group, he was involved in multiple cases of extortion impacting American organizations. If convicted, he could face a maximum of … Read more

Mega money, unfathomable violence pervade thriving underground doxxing scene

August 12, 2024 at 10:31AM Interviews with known doxxers reveal the lucrative nature of the practice and its increasingly violent extortion tactics. With a large audience and a leading platform, Doxbin has become a lucrative avenue, generating six figures annually by charging victims to remove their data. Doxxing involves revealing an individual’s true identity, presenting … Read more

Ransomware Extortion Demands Soar to $5.2M per Attack

July 3, 2024 at 12:13PM In 2024, ransomware demands have soared, with an average extortion demand per attack surpassing $5.2 million in the first half of the year. The largest demand was $100 million following an attack on India’s RCC, followed by demands of $50 million and $25 million for other organizations. Despite a decrease … Read more

Kraken Crypto Exchange Hit by $3 Million Theft Exploiting Zero-Day Flaw

June 19, 2024 at 01:03PM Kraken, a crypto exchange, experienced a serious security breach when a researcher exploited a flaw to steal $3 million in digital assets. Although the issue was swiftly addressed, the attacker demanded payment in exchange for returning the funds. Kraken is treating the incident as a criminal case and is coordinating … Read more

Two Men Plead Guilty to Hacking Law Enforcement Database for Doxing

June 18, 2024 at 12:36PM Two men from New York and Rhode Island pleaded guilty to hacking a US law enforcement database. Sagar Steven Singh, 20, and Nicholas Ceraolo, 26, part of the Vile group, extorted people by threatening to release stolen personal information. They accessed the database using a stolen password and faced up … Read more