April 13, 2024 at 01:59PM A joint operation between Australian Federal Police and the FBI led to the arrest of two individuals behind the “Firebird” remote access trojan, later rebranded as “Hive.” An Australian man faces 12 charges for developing and distributing the RAT, while Edmond Chakhmakhchyan from California is accused of marketing the Hive … Read more
April 9, 2024 at 10:09AM The US government is offering bounties for information on ransomware gangs, but challenges remain in collecting information due to rigorous conditions and low payouts. Concerns are raised about the effectiveness of a criminal law enforcement approach in addressing ransomware attacks, compounded by the potential involvement of adversarial nations like Russia. … Read more
February 8, 2024 at 10:03PM The US government has presented a $5 million reward for Hive ransomware gang members, reinforcing an existing $10 million reward. The FBI has added a $5 million reward for information leading to arrests. Following the FBI’s control of the gang’s network, decryption keys were provided to over 1,300 victims, preventing … Read more
December 13, 2023 at 03:27PM French authorities arrested a Russian national in Paris for alleged involvement in money laundering related to the Hive ransomware gang. He was linked to receiving millions of dollars from suspicious sources through digital wallets. This follows the dismantling of Hive’s servers by the FBI and Dutch police, preventing significant ransom … Read more
November 28, 2023 at 10:54AM Law enforcement agencies from seven countries partnered with Europol and Eurojust to dismantle a major ransomware operation based in Ukraine. A raid resulted in the arrest of a 32-year-old ringleader and four accomplices, with more arrests made earlier this year. The cybercriminals targeted organizations worldwide, disrupting operations and causing losses … Read more
November 28, 2023 at 04:06AM Law enforcement agencies from seven nations, in cooperation with Europol and Eurojust, have arrested key members of a ransomware group in Ukraine. The group paralyzed major corporations using ransomware like LockerGoga, MegaCortex, HIVE, and Dharma. The investigation revealed that the group encrypted over 250 servers, resulting in losses exceeding several … Read more
October 12, 2023 at 09:57AM The Everest ransomware group is seeking to recruit corporate insiders to gain access to corporate networks directly. The group is offering a percentage of the profits from successful attacks to those who assist in the initial intrusion, promising transparency and confidentiality. Everest is specifically targeting organizations in the US, Canada, … Read more