Russian man who sold logins to nearly 3,000 accounts gets 40 months in jail

August 15, 2024 at 08:28AM A 27-year-old Russian national, Georgy Kavzharadze, has been extradited to the US and sent to prison for selling over 297,300 stolen credentials on the now defunct dark web marketplace, Slilpp. The credentials were used for fraudulent transactions totaling $1.2 million. The marketplace allegedly caused over $200 million in damages. After … Read more

Point of entry: Why hackers target stolen credentials for initial access

August 6, 2024 at 10:19AM Increased incidents of stolen credentials have been giving rise to a thriving market for brokering initial access. Stolen credentials are commonly obtained through social engineering and malware, leading to a 24% increase in breaches. Various methods including brute force attacks are used to steal credentials, posing a major threat. Cybersecurity … Read more

New Relic Says Hackers Accessed Internal Environment Using Stolen Credentials

December 4, 2023 at 08:12AM New Relic reported a security breach in which hackers accessed their internal environment through social engineering and using credentials stolen from an employee account. Meeting Key Takeaway: – It has been reported that New Relic experienced a security breach in which hackers accessed an internal environment. This incident was a … Read more

In Other News: Energy Services Firm Hacked, Tech CEO Gets Prison Time, X Glitch Leads to CIA Channel Hijack

October 20, 2023 at 02:36PM SecurityWeek provides a weekly cybersecurity roundup, summarizing noteworthy stories. This week includes: Micfo LLC CEO sentenced to prison for wire fraud; energy industry services firm BHI Energy hacked, exposing PII and PHI of over 91,000 individuals; Moldovan national charged in the US for selling computer credentials; Indian national pleads guilty … Read more