Suspected Russian cybercriminal arrested in Bulgaria at U.S. request, lawyer says

Bulgarian authorities last week arrested an accused Russian cybercriminal based on an Interpol warrant that originated with prosecutors from the Eastern District of New York, a lawyer familiar with the case told CyberScoop. Alexander Zhukov, a Russian national, was apprehended by police after he was indicted in absentia by U.S. prosecutors, according to Arkady Bukh, a New York-based attorney with a history of representing suspected hackers from Eastern Europe. Bukh now is in negotiations to represent Zhukov, he said Wednesday. Prosecutors accused Zhukov of affiliate fraud, Bukh said. Affiliate fraud typically involves artificially inflating internet traffic to defraud marketers, charging advertisers for access to website visitors who don’t exist. “There is widespread fraud from huge amounts of traffic getting directed through botnets,” said Bukh, describing the rise of ad fraud in general. “Before, it was boys and girls in Russia sitting in boiler rooms clicking manual clicks in order to get […]

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French authorities dismantle Black Hand dark web market

The “Black Hand” forum, considered to be one of the most important illegal platforms of the dark web in France, has been dismantled by French law enforcement. According to information shared by Gérald Darmanin, the French Minister of Public… Continue reading French authorities dismantle Black Hand dark web market

The Dark Overlord: Suspected hacking group member arrested in Serbia

Is The Dark Overlord’s days numbered? Serbian police have arrested a man suspected of being a member of the notorious and high profile hacking and extortion group. The Dark Overlord has made quite a name for itself in recent years by not just ste… Continue reading The Dark Overlord: Suspected hacking group member arrested in Serbia

20 hackers arrested in EUR 1 million banking phishing scam

A two-year long cybercrime investigation between the Romanian National Police and the Italian National Police, with the support of Europol, its Joint Cybercrime Action Taskforce (J-CAT) and Eurojust, has led to the arrest of 20 suspects in a series of … Continue reading 20 hackers arrested in EUR 1 million banking phishing scam

Gang leader behind malware attacks targeting 100 financial institutions arrested in Spain

The leader of the crime gang behind the Carbanak and Cobalt malware attacks targeting over a 100 financial institutions worldwide has been arrested in Alicante, Spain, after a complex investigation conducted by the Spanish National Police, with the sup… Continue reading Gang leader behind malware attacks targeting 100 financial institutions arrested in Spain

Weekly Cyber Risk Roundup: Cryptocurrency Attacks and a Major Cybercriminal Indictment

Cryptocurrency continued to make headlines this past week for a variety of cybercrime-related activities. For starters, researchers discovered a new cryptocurrency miner, dubbed ADB.Miner, that infected nearly 7,000 Android devices such as smartphones,… Continue reading Weekly Cyber Risk Roundup: Cryptocurrency Attacks and a Major Cybercriminal Indictment

IoT Botnet Satori Grows Rapidly Thanks to Zero-Day Flaw

An internet of things (IoT) botnet that recently hijacked more than 100,000 DSL modems in Argentina has extended to other countries and doubled in size over the past week, possibly due to a zero-day vulnerability. The botnet has been dubbed “Sato… Continue reading IoT Botnet Satori Grows Rapidly Thanks to Zero-Day Flaw

Weekly Cyber Risk Roundup: Uber’s Breach Woes, Major Cybercriminals Prosecuted

Uber was the week’s top trending cybercrime target due to the announcement of a year-old breach that affects 57 million customers and drivers. In addition, the company admitted to paying the hackers $100,000 in an effort to keep the breach out th… Continue reading Weekly Cyber Risk Roundup: Uber’s Breach Woes, Major Cybercriminals Prosecuted