Months-long Interpol crackdown nets more than 1,000 online fraud arrests

An Interpol operation to combat online fraud concluded with the arrests of 1,003 people and the interception of $27 million in illicit funds, according to the international police organization, which conducted the crackdown alongside 20 countries. Waged from June to September of this year, “Operation HAECHI-II” targeted online crime like romance scams, investment fraud and money laundering associated with illegal online gambling. But it also turned up a business email compromise scheme in Colombia and led to alerts about malware tied to the popular Netflix show “Squid Game.” Interpol said the crackdown demonstrated how cybercrime has risen to new levels since the outbreak of the coronavirus. It’s the latest international warning about how the pandemic has fueled a crime wave, even setting aside attacks targeting the health care sector or exploiting COVID-19 that have flourished over the past two years. “The results of Operation HAECHI-II show that the surge in […]

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White House kicks off international ransomware meeting amid global barrage

A parade of nations recounted grim experiences with ransomware at the start of a two-day White House-led summit on Wednesday, where the gathered officials will collaborate on how to counter the rise of digital extortion. Israel was, at the moment, dealing with an ongoing ransomware attack at a major hospital, Hillel Yaffe Medical Center. Ireland and the Czech Republic have experienced similar attacks on their medical centers. South Korea has seen a 70% year-over-year increase in ransomware incidents, and the United Arab Emirates has seen a 200% rise. Each anecdote, each statistic fed into the White House message for the day that ransomware is a global issue that will require collective action. Scheduled sessions will cover resilience, illicit finance, disrupting criminals and diplomacy, each led by officials from a different country. “No one country, no one group can solve this problem,” said U.S. National Security Adviser Jake Sullivan. “Transnational criminals […]

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White House set to lead 30 nations in ransomware discussions, sans Russia

The White House on Wednesday and Thursday will convene meetings with representatives from more than 30 countries to discuss how to counter ransomware, leaving out the country the president most frequently criticizes for hosting gangs of hackers: Russia. “Participants will cover everything from efforts to improve national resilience, to experiences addressing the misuse of virtual currency to launder ransom payments, our respective efforts to disrupt and prosecute ransomware criminals and diplomacy as a tool to counter ransomware,” a senior administration official told reporters on Tuesday. The official didn’t specify why Russia didn’t get an invitation beyond unnamed “constraints.” The lack of an invitation this time “doesn’t preclude future opportunities for them to participate.” The U.S. also has other avenues for discussing ransomware with the Kremlin, the official said. The lack of an invitation for Russia exemplifies the tensions over when the U.S. might involve more adversarial nations in discussions over […]

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Sendoso nabs $100M as its corporate gifting platform passes 20,000 customers

Corporate gift services have come into their own during the Covid-19 pandemic by standing in as a proxy for other kinds of relationship building activities — office meetings, lunches, and hosting at events — that have traditionally been part and parcel of how people do business, but were no longer feasible during lockdowns, social distancing […] Continue reading Sendoso nabs $100M as its corporate gifting platform passes 20,000 customers

European police round up 23 suspected scammers accused of $1.2 million fraud

An international police sting netted 23 arrests in three countries of suspects behind a business email compromise scheme that last year turned to capitalizing on COVID-19 fears, Europol announced on Wednesday. Together, the fraudsters are believed to have stolen at least $1.2 million from companies in 20 countries, mainly European and Asian nations, the European Union police agency said. The scheme relied on use of compromised email accounts for advance-payment fraud, Europol said. The suspects created fake emails and websites that resembled those of legitimate companies to trick victims into placing orders with them. They then laundered financial data through Romanian bank accounts to ultimately withdraw money from ATMs. “The fraud was run by an organised crime group which prior to the COVID-19 pandemic already illegally offered other fictitious products for sale online, such as wooden pellets,” Europol’s announcement said. “Last year the criminals changed their modus operandi and started […]

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Irish hospital sued by cancer patient after ransomware attack

A cancer patient is taking legal proceedings against Mercy University Hospital in Cork, Ireland.

Not because of negligent treatment, but because some of his personal medical files were published on the dark web after the hospital suffered a ransomwa… Continue reading Irish hospital sued by cancer patient after ransomware attack

Irish officials analyze decryption tool as long recovery process from ransomware continues

The Irish government expects to dedicate significant resources in the coming days to recovery efforts related to a ransomware incident that has hampered the country’s public health service for the last week, officials said Friday. Irish officials have obtained a decryption key that could unlock the data on the networks of the Health Service Executive (HSE), Ireland’s $25 billion public health system, though the key will need to be tested to ensure it does more harm than good. Meanwhile, medical appointments have dropped by as much as 80% in parts of the country following the breach, health officials have said. It’s an example of the pressure that governments face, often under the international spotlight, to promptly restore connectivity to critical systems held hostage by cash-rich cybercriminals. Emergency care has continued throughout the ordeal, but there have been delays in non-urgent services in parts of Ireland as IT systems supporting maternity […]

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Irish officials warn of ongoing disruptions to health system, long recovery following ransomware incident

Irish officials say it will take “many weeks” to fully restore the IT infrastructure of the country’s $25 billion public health system following a ransomware attack last week. While emergency departments continue to operate normally, Ireland’s Health Service Executive (HSE), as the public health  system is known, said Wednesday that patients seeking non-urgent care should expect long delays. “Work continues today in assessing the impact and beginning to restore HSE IT systems,” the statement said. “This work will take many weeks and we anticipate major disruption will continue due to the shutdown of our IT systems. We should start to see some early signs of recovery in some sites over the coming days.” The incident, which Irish officials have blamed on a popular strain of ransomware called Conti, has rocked the Irish public health system. One maternity hospital in Dublin told pregnant women not to come to the hospital unless they […]

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The Week in Breach News: 05/12/21 – 05/18/21

It’s the all ransomware edition featuring huge breaches at Toshiba & the VA plus a special report on the state of phishing security in 2021.
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Irish Prime Minister says government won’t pay ransom after hack forces hospitals to alter services

Ireland’s public health care system on Friday shut down its IT systems in response to what it called a “criminal ransomware attack.” Emergency departments have continued to operate normally, but health officials said in a statement Monday that they were working to get computer systems supporting maternity, infant care and radiology back online. The ransomware intrusion at Ireland’s Health Service Executive (HSE), the $25 billion public health system, has forced hospitals in various parts of Ireland to alter their services. In some cases, hospital staffers say they have been in touch with pregnant women and encouraged them to not come to the hospital unless they are near their due date. Irish Prime Minister Micheál Martin has said the government will not pay a ransom. ‘We’re very clear we will not be paying any ransom or engaging in any of that sort of stuff’ Taoiseach @MichealMartinTD says of the ransomware attack […]

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