At Request of U.S., Russia Rounds Up 14 REvil Ransomware Affiliates

The Russian government said today it arrested 14 people accused of working for “REvil,” a particularly aggressive ransomware group that has extorted hundreds of millions of dollars from victim organizations. The Russian Federal Security Service (FSB) said the actions were taken in response to a request from U.S. officials, but many experts believe the crackdown is part of an effort to reduce tensions over Russian President Vladimir Putin’s decision to station 100,000 troops along the nation’s border with Ukraine. Continue reading At Request of U.S., Russia Rounds Up 14 REvil Ransomware Affiliates

Husband and wife among ransomware operators arrested in Ukraine

By Waqas
Gang of five arrested in Ukraine for their involvement in large-scale ransomware attacks on international firms costing millions…
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Russia’s FSB announces sting against members of REvil cybercrime gang

The Russian government said Friday that it raided multiple addresses tied to members of the REvil ransomware gang, making arrests and seizing hard cash, cryptocurrency, computers and cars. The Federal Security Service, or FSB, said it executed the sting at locations in Moscow, St. Petersburg and elsewhere. The operation came at the request of the United States, the FSB said. The FBI did not immediately respond Friday morning to requests for comment. “Representatives of the competent US authorities were informed about the results of the operation,” the FSB said, according to a translation of its news release. The U.S. has reportedly passed along to Russia the names of hackers within its borders who have been behind active attacks on America, hoping it would lead to a Russian crackdown. Russian President Vladimir Putin said last summer that his country had agreed to enter into “consultations” on cybersecurity with the U.S., but […]

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Offense will win some battles, but cyber defense will win the war

We are years into a ransomware epidemic with no clear end in sight.  Policymakers and security researchers are now using combative efforts to “impose cost” on hackers. Sanctions, hacking back, infrastructure disruption, indictments and other offensive activities all have a negative impact on cybercriminals.  But to have real, long-term impact on these nefarious activities, organizations and governments need to more actively consider the ways that defense can impose costs too: Robust, consistent and well-funded cyber defenses cost adversaries time, effort and the likelihood of success. Defense, and investment in mandatory cybersecurity requirements, is how we will solve the fundamental problems at the heart of the ransomware epidemic.  Since early 2021, law enforcement and U.S. military activities against cybercrime threat actors, specifically those responsible for ransomware attacks against critical infrastructure, have increased dramatically. The White House also announced this year the creation of a ransomware task force, and dozens of nations […]

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Romanian ransomware suspect arrested in joint Europol, FBI operation

A Romanian man accused of using ransomware to target “high-profile” organizations and companies was arrested Monday as part of a joint operation between the Romanian National Police, the FBI, and Europol. The man — identified only as a 41-year-old living in Craiova, Romania — is accused of compromising an unnamed Romanian IT services company with clients in the retail, energy and utilities sectors, according to a Europol statement posted to the agency’s website. He then used that access to deploy ransomware and steal sensitive data from the IT company’s clients in Romania and abroad, before encrypting the files. The stolen data included financial information, personal information regarding employees and customers and other important documents. The man then asked for a “sizeable ransom payment in cryptocurrency,” the Europol statement read, with the threat of posting the stolen data on cybercrime forums. Allan Liska, the director of threat intelligence at cybersecurity firm […]

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What to Do When a Ransomware Group Disappears

It’s your company’s worst nightmare: attackers managed to sneak ransomware onto your servers. Now, you’re locked out of every file unless you agree to pay whatever price they’re asking. As if the situation couldn’t get any worse, the attackers disappear without a trace and you can’t even pay their ransom to unlock your files. What […]

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FBI seized $2.3 million in cryptocurrency from REvil ransomware affiliate

The FBI in August seized approximately $2.3 million worth of cryptocurrency from a hacker affiliated with the REvil ransomware gang, according to a court filing unsealed Tuesday. The money seized was derived from payments to ransomware attacks involving REvil malware between April 2019 and June 2021 in the U.S. and elsewhere.  REvil affiliates generated some $200 million dollars during that time from in ransom payments, according to the FBI. The attacks were allegedly carried out by Aleksandr Sikerin, who is charged with multiple counts of conspiracy and money laundering. Bleeping Computer first reported on the court documents. It’s unclear if the seizure is related to  the U.S. actions in November, in which officials seized $6 million in ransom payments from alleged Russian hacker Yevgeniy Polyanin. Authorities also arrested Yaroslav Vasinksyi, a 22-year-old Ukrainian national, when he was entering Poland. Vasinskyi is accused of involvement in the July REvil attack against […]

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