Police Dismantle Major Ukrainian Ransomware Operation

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

Europol shutters ransomware operation with kingpin arrests

November 28, 2023 at 08:53AM A major cybercrime group that had been under investigation for over four years has been dismantled, according to Europol. The joint investigation team, led by French authorities, made five arrests, including the group’s leader and four accomplices. The group, responsible for attacking organizations in 71 countries, used various ransomware strains … Read more

Key Cybercriminals Behind Notorious Ransomware Families Arrested in Ukraine

November 28, 2023 at 06:24AM A law enforcement operation in Ukraine has resulted in the arrest of key individuals involved in multiple ransomware schemes. The suspects targeted over 1,800 victims across 71 countries since 2019, using tactics such as brute-force attacks and phishing emails to gain access to networks. They encrypted over 250 servers belonging … Read more

Poloniex crypto-exchange offers 5% cut to thieves if they return that $120M they nicked

November 10, 2023 at 01:53PM Poloniex founder Justin Sun has offered a reward of up to $6.5 million to the hackers who drained $120 million from the cryptocurrency exchange. Sun has given the hackers seven days to return the stolen funds before he engages law enforcement. The attack on Poloniex is the latest in a … Read more

‘Corrupt’ cop jailed for tipping off pal to EncroChat dragnet

November 4, 2023 at 03:44AM A corrupt police officer in the UK has been sentenced to nearly four years in prison for alerting a friend about the compromised EncroChat encrypted messaging app network. Natalie Mottram, a former intelligence analyst for Cheshire Police, pleaded guilty to misconduct in public office, perverting the course of justice, and … Read more

Boeing Confirms Cyberattack, System Compromise

November 1, 2023 at 08:31PM Boeing has confirmed that its systems were breached after a cyber incident impacting its parts and distribution business. The company is actively investigating the incident, cooperating with law enforcement and regulatory authorities, and notifying customers and suppliers. The breach was claimed by the LockBit ransomware group, who accessed Boeing’s systems … Read more

US officials close to persuading allies to end ransomware payments

October 31, 2023 at 06:56PM Top White House officials are working to secure an agreement among nearly 50 countries to not pay ransoms to cybercriminals. This initiative is being discussed at the Counter Ransomware Initiative (CRI) summit in Washington DC. The summit also focuses on leveraging artificial intelligence to track cryptocurrency payments, enhancing information sharing, … Read more

Finance orgs have 30 days to confess cyber sins under incoming FTC rules

October 31, 2023 at 12:22PM New US law enforcement regulations allow for the delay of public disclosure of security breaches if a written request for an extension is granted. The amendment applies to breaches involving the theft of unencrypted data belonging to at least 500 consumers. The FTC estimates that the amendment will affect approximately … Read more

UK policing minister urges doubling down on face-scanning tech

October 31, 2023 at 08:37AM UK Minister of State for Crime, Policing, and Fire, Chris Philp MP, has called for doubling the use of algorithmic-assisted facial recognition by police forces. He believes that both live and retrospective facial recognition should be increased, and that searching the whole Police National Database image set will maximize the … Read more

Ragnar Locker Ransomware Boss Arrested in Paris

October 23, 2023 at 03:33PM The suspected developer of the Ragnar Locker ransomware group has been arrested in Paris as part of a coordinated effort by multiple countries. Agents seized the group’s cybercrime infrastructure. Europol released some details of the operation, stating that the main perpetrator was detained and five additional suspects were interviewed. The … Read more