U.S. warns countries not to ‘manipulate the extradition process’ for cybercriminals

The Department of Justice’s second-in-command has called on other countries to step up their efforts to extradite accused cybercriminals, warning that the U.S. will “expose” countries that “manipulate the extradition process.” “We will identify nations that routinely block the fair administration of justice and fail to act in good faith,” Deputy Attorney General Rod Rosenstein told a general assembly of Interpol, an international police organization, on Sunday. “In some instances, nations shield their citizens from the rule of law with schemes that waste resources, cause needless delay, thwart investigative efforts, and undermine justice,” Rosenstein said in his prepared remarks. The U.S. processes extraditions “without regard to the nationality of the offender, but that cooperation must be reciprocated,” Rosenstein said. Rosenstein cited the case of Aleksey Belan, a Russian national charged with helping compromise 500 million Yahoo email accounts in 2014. In 2012, Belan was charged in a separate hack of […]

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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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Newsmaker Interview: Derek Manky on ‘Self-Organizing Botnet Swarms’

Botnets fused with artificial intelligence are decentralized and self-organized systems, capable of working together toward a common goal – attacking networks. Continue reading Newsmaker Interview: Derek Manky on ‘Self-Organizing Botnet Swarms’

Ukrainian accused in cybercrime wave is considering trial in U.S., lawyer says

A lawyer for an alleged player in one of the largest hacking schemes in history says he is talking with the Department of Justice about the possibility of bringing his client to the U.S. to stand trial. Mikhail Rytikov can’t leave his home country of Ukraine because he would risk becoming the latest Eastern European snatched up by Western law enforcement and charged in cybercrimes. The 30-year-old, who lives in Odessa on the coast of the Black Sea, allegedly participated in criminal schemes by running a profitable “bulletproof hosting” business — servers that police supposedly can’t block or access — known as AbdAllah. Ukraine doesn’t extradite its own citizens, so Rytikov is theoretically safe as long as he stays close to home. But he vehemently denies any wrongdoing, and apparently wants to set the record straight. His lawyer in the U.S., Arkady Bukh, told CyberScoop he is negotiating with the Department of Justice about the possibility of standing trial in […]

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Austria seeks Interpol’s help to bust Bitcoin scammers who stole $115M

By Waqas
Another day another Bitcoin scam in which unsuspected users have
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New global cybersecurity center announced at Davos

The World Economic Forum announced plans Wednesday to launch a new coordinating group to counter emerging cybersecurity threats and help connect leaders from business and government to collaborate on various security issues as well as share best practices. Named the “Global Centre for Cybersecurity,” the loosely defined, Geneva-based organization will act as a sort of independent, multinational cyberthreat information sharing platform for companies to improve digital security writ large, explained Alois Zwinggi, managing director for the WEF, which is holding its annual gathering for world leaders in Davos, Switzerland, this week. The center will become fully operational in March. Its creation was first announced during a panel discussion Wednesday in Davos. Broadly speaking, governments across the globe have struggled to form information sharing channels with private companies. The model described at Davos is intended to encourage participation on a voluntary basis and not be controlled by any single government. “The new […]

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Meet Money Taker, the latest hacking group tied to Russian cybercrime

Hackers associated with a sophisticated Russian cybercrime ring attacked a series of banks in the U.S., U.K. and Russia, robbing at least one U.S. financial institution two separate times, according to Moscow-based cybersecurity company Group-IB. The researchers dubbed the group “Money Taker,” based on a custom, modular malware framework used to spy on banks and manipulate payment data. Security researchers say Money Taker has been active since at least 2016, targeting more than 20 organizations over the last two years. In addition to banks, victims include international law firms and financial software vendors. Money Taker is likely a criminal enterprise unaffiliated with any government, although they’ve proved to be highly-skilled, resourceful and well-equipped — similar to advanced persistent threat (APT) groups supported by a foreign government, Group-IB Director Nik Palmer told CyberScoop. “The [banking-focused] attacks ​were certainly conducted by a skillful targeted attack group,” explained Palmer. “The group is skillful enough to […]

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Germany contradicts U.S. suspicions about Russian cybersecurity firm Kaspersky

German cybersecurity authorities said on Wednesday that they have not seen evidence that Russians used Moscow-based Kaspersky Lab products to spy on U.S. authorities. The statement, first reported by Reuters, challenges the narrative that Russia is using the company’s antivirus software to spy on U.S. government employees who run the company’s products on their own computers. Germany’s BSI, or Federal Office for Information Security, said it doesn’t warn against using Kaspersky products because it has no evidence of wrongdoing by the Russian company or weaknesses in its software. Kaspersky has been under scrutiny recently as U.S. officials have suspected that the Moscow-based company’s software is being used by the Kremlin to spy on the U.S. The New York Times reported Tuesday that Israeli intelligence officers found evidence on Kaspersky’s networks that Russian hackers used Kaspersky anti-virus software to search for information about U.S. intelligence programs. That effort successfully found sensitive documents improperly stored on an NSA […]

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How an Interpol speech shows that China may be evolving on cybercrime

The president of the global police organization Interpol delivered a speech this week calling for international cooperation and multi-stakeholder partnerships to fight cybercrime. Nothing surprising came from the comments, other than the wrinkle that Interpol President Meng Hongwei also serves as the deputy head of Beijing’s internal security agency, the Ministry of Public Safety. China’s Ministry of Public Safety is widely believed to play roles in Chinese hacking operations, including the breach of the U.S. Office of Personnel Management. Now, Meng’s speech is being hailed by some former U.S. officials as a step toward drawing China into universally agreed upon behaviors in cyberspace. And Beijing’s policies are being favorably compared to Russia, where the Kremlin is seen as doubling down on its commitment to weaponizing the attacker’s asymmetric advantage in cyberspace. “I took great heart when I read [Meng’s] speech, because it looks like the campaign … to enforce the rule of law in […]

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