Ukrainian Police Arrest 6 Hackers Linked to DDoS and Financial Attacks

Ukrainian Police have this week busted out two separate groups of hackers involved in carrying out DDoS attacks against news agencies and stealing money from Ukrainian citizens, respectively.

According to the authorities, the four suspected hackers th… Continue reading Ukrainian Police Arrest 6 Hackers Linked to DDoS and Financial Attacks

Leader of Hacking Group Who Stole $1 Billion From Banks Arrested In Spain

Spanish Police has arrested the alleged leader of an organised Russian cybercrime gang behind the Carbanak and Cobalt malware attacks, which stole over a billion euros from banks worldwide since 2013.

In a coordinated operation with law enforcement ag… Continue reading Leader of Hacking Group Who Stole $1 Billion From Banks Arrested In Spain

CEO of Major UK-Based Cryptocurrency Exchange Kidnapped in Ukraine

Pavel Lerner, a prominent Russian blockchain expert and known managing director of one of the major crypto-exchanges EXMO, has allegedly been kidnapped by “unknown” criminals in the Ukranian capital of Kiev.

According to Ukraine-based web publication … Continue reading CEO of Major UK-Based Cryptocurrency Exchange Kidnapped in Ukraine

Turns Out New Petya is Not a Ransomware, It’s a Destructive Wiper Malware

What if I say the Tuesday’s devastating global malware outbreak was not due to any ransomware infection?

Yes, the Petya ransomware attacks that began infecting computers in several countries, including Russia, Ukraine, France, India and the United Sta… Continue reading Turns Out New Petya is Not a Ransomware, It’s a Destructive Wiper Malware

Dangerous Malware Discovered that Can Take Down Electric Power Grids

Last December, a cyber attack on Ukrainian Electric power grid caused the power outage in the northern part of Kiev — the country’s capital — and surrounding areas, causing a blackout for tens of thousands of citizens for an hour and fifteen minutes around midnight.

Now, security researchers have discovered the culprit behind those cyber attacks on the Ukrainian industrial control systems.

Continue reading Dangerous Malware Discovered that Can Take Down Electric Power Grids

Malware Hijacks Microphones to Spy On Ukrainian Businesses, Scientists and Media

Ukraine has once again been a target of a potential hacking attack that infected computer systems from dozens of Ukrainian businesses with highly sophisticated malware, allowing hackers to exfiltrate sensitive data and eavesdrop on their network.

Late… Continue reading Malware Hijacks Microphones to Spy On Ukrainian Businesses, Scientists and Media

Ukrainian Hacker Admits Stealing Corporate Press Releases for $30 Million Profit

A 28-year-old Ukrainian hacker has pleaded guilty in the United States to stealing unpublished news releases and using that non-public information in illegal trading to generate more than $30 Million (£20.8 Million) in illicit profits.

Vadym Iermolovych, 28, admitted Monday that he worked with two other Ukrainian hackers to hack into computer networks at PR Newswire, Marketwired and Business

Continue reading Ukrainian Hacker Admits Stealing Corporate Press Releases for $30 Million Profit