US accuses man of being ‘elite’ ransomware pioneer they’ve hunted for years

August 13, 2024 at 01:38PM US has charged Belarusian-Ukrainian cybercriminal Maksim Silnikau for malvertising and ransomware offenses dating back to 2011. An international investigation led to his arrest in Spain and extradition to the US. Silnikau’s associates face charges too. His alleged crimes include engaging in malvertising and operating ransomware-as-a-service, leading to substantial financial losses. … Read more

Ransomware Attack on China’s Biggest Bank Disrupts Treasury Market Trades, Reports Say

November 10, 2023 at 07:00AM China’s Industrial and Commercial Bank of China Financial Services, a financial services business of China’s largest bank, experienced a ransomware attack that disrupted trading in the U.S. Treasury market. The attack affected some of its systems, but the company disconnected parts to mitigate the impact. The incident is being investigated … Read more