Evil Corp’s WastedLocker Demanding Millions of Dollars for Decryption

What happens when one of the most prolific and infamous financially motivated cybercriminal organizations decides to develop a new ransomware strain? Unfortunately for us, this can be answered without conjecture or assumptions. Infamous cybercriminal … Continue reading Evil Corp’s WastedLocker Demanding Millions of Dollars for Decryption

Why the FBI’s cyber attachés are so valuable

On an average day, cybercriminals visiting the Darkode darkweb forum would expect to enter an underground, invitation-only digital marketplace to buy, sell, and trade malware, access to botnets, and stolen personal information. However, in July 2015, users were instead confronted with the emblems of the U.S. Federal Bureau of Investigation (FBI), the U.S. Department of Justice (DOJ), and EUROPOL’s European Cyber Crime Center (EC3) instead of the Darkode homepage. A large, bold warning surrounded by the official seals of 17 additional international police departments prominently proclaimed, “This domain and website have been seized.” This was the culmination of a multi-year joint undercover operation by U.S. and international law enforcement from 20 countries who searched, charged, or arrested 70 of the forum’s members worldwide and indicted 12 individuals with computer fraud conspiracy. This joint effort, known as Operation Shrouded Horizon, exemplifies the collaboration needed to counter the increasingly complex and diffuse […]

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Dutch university pays $220,000 ransom to infamous Russian cybercrime ring

The University of Maastricht in Holland has ended up paying a $220,000 ransom to a group of Russian hackers after an unwary employee fell for a phishing scam. The university was attacked with ransomware on Christmas Eve, 2019, a month after the employe… Continue reading Dutch university pays $220,000 ransom to infamous Russian cybercrime ring

Russian Cybercrime Boss Burkov Pleads Guilty

Aleksei Burkov, an ultra-connected Russian hacker once described as “an asset of supreme importance” to Moscow, has pleaded guilty in a U.S. court to running a site that sold stolen payment card data and to administering a highly secretive crime forum that counted among its members some of the most elite Russian cybercrooks. Continue reading Russian Cybercrime Boss Burkov Pleads Guilty

Inside ‘Evil Corp,’ a $100M Cybercrime Menace

The U.S. Justice Department this month offered a $5 million bounty for information leading to the arrest and conviction of a Russian man indicted for allegedly orchestrating a vast, international cybercrime network that called itself “Evil Corp” and stole roughly $100 million from businesses and consumers. As it happens, for several years KrebsOnSecurity closely monitored the day-to-day communications and activities of the accused and his accomplices. What follows is an insider’s look at the back-end operations of this gang. Continue reading Inside ‘Evil Corp,’ a $100M Cybercrime Menace

Smashing Security #158: The man behind The Missing Cryptoqueen

We’re joined by special guest Jamie Bartlett of “The Missing Cryptoqueen” podcast in this bumper episode where we discuss his investigation into the OneCoin cryptocurrency scam, the Russian cybercriminals behind Evil Corp, and the mys… Continue reading Smashing Security #158: The man behind The Missing Cryptoqueen