February 18, 2024 at 02:39AM Ukrainian national Vyacheslav Igorevich Penchukov has pleaded guilty in the U.S. for his involvement in the malware schemes Zeus and IcedID. He led prolific malware groups, causing ransomware attacks and stealing millions of dollars. Another Ukrainian national, Mark Sokolovsky, was also extradited for operating the infostealer Raccoon, which stole sensitive … Read more
January 19, 2024 at 10:00AM The US Justice Department recently charged two Russian nationals for involvement in cybercriminal activities, including hacking retailers Michaels and Neiman Marcus in 2013. Aleksey Stroganov and Tim Stigal are accused of stealing and selling payment card data, causing $35 million in losses. Stroganov’s partner, Roman Seleznev, received multiple prison sentences … Read more
December 20, 2023 at 06:56PM IBM Security discovered a JavaScript code injected into online banking pages, compromising 50,000 user sessions with 40+ banks globally. The DanaBot Windows malware infects PCs, waits for users to access bank sites, then steals login credentials. It targets financial organizations across continents. The malware communicates with a server and adapts … Read more
December 18, 2023 at 05:14PM Microsoft’s Digital Crimes Unit disrupted the Storm-1152 cybercrime-as-a-service provider that fraudulently created and sold over 750 million Microsoft accounts, generating millions in illicit profits. The group utilized fake profiles, automated criminal activities, and bypassed security measures like CAPTCHAs. Microsoft identified the main operators and shut down Storm-1152’s US-based infrastructure. The … Read more
November 9, 2023 at 05:10PM Kyocera AVX Components Corporation (KAVX), an American manufacturer of electronic components, experienced a data breach exposing personal information of 39,111 individuals following a ransomware attack. The breach occurred between February 16 and March 30, 2023. The hackers responsible, the LockBit ransomware gang, leaked stolen data that includes full names and … Read more
October 30, 2023 at 07:04PM Jordan Persad, a 20-year-old from Florida, has been sentenced to 30 months in prison for his involvement in a SIM-swapping ring that stole almost $1 million in cryptocurrency. Persad and his co-conspirators used SIM swapping to gain access to victims’ online accounts and cryptocurrency wallets. He pleaded guilty to conspiracy … Read more
October 26, 2023 at 12:05PM Nigerian police have arrested six men connected to a cybercrime recruitment and mentoring hub. The suspects, aged 19 to 27, have confessed to various cybercrimes such as identity theft, hacking, and trading of hacked Facebook accounts, among others. Intelligence reports suggest their involvement in more high-level cybercrimes. The investigation is … Read more
October 18, 2023 at 03:48PM A hacker in Finland has been charged with over 21,000 counts of extortion for stealing tens of thousands of records from psychotherapy patients. The defendant, Aleksanteri Kivimaki, sought to extort money from the firm overseeing the therapy centers by threatening to leak the records. The trial is set to start … Read more
October 10, 2023 at 05:29PM Former FTX head Sam Bankman-Fried is currently on trial for fraud. Prosecutors presented Python code that allowed flagged client accounts on FTX to spend money they didn’t have. Multiple accounts tied to Alameda Research, Bankman-Fried’s hedge fund, were flagged, contradicting his previous statement. Bankman-Fried is accused of using customer funds … Read more