BreachForums Founder Sentenced to 20 Years of Supervised Release, No Jail Time

Conor Brian Fitzpatrick has been sentenced to time served and 20 years of supervised release for his role as the creator and administrator of BreachForums. Fitzpatrick, who went by the online alias "pompompurin," was arrested in March 2023 in New York and was subsequently charged with conspiracy ...

29-Year-Old Ukrainian Cryptojacking Kingpin Arrested for Exploiting Cloud Services

A 29-year-old Ukrainian national has been arrested in connection with running a "sophisticated cryptojacking scheme," netting them over $2 million €1.8 million in illicit profits. The person, described as the "mastermind" behind the operation, was apprehended in Mykolaiv, Ukraine, on January 9 by...

British LAPSUS$ Teen Members Sentenced for High-Profile Attacks

Two British teens part of the LAPSUS$ cyber crime and extortion gang have been sentenced for their roles in orchestrating a string of high-profile attacks against a number of companies. Arion Kurtaj, an 18-year-old from Oxford, has been sentenced to an indefinite hospital order due to his intent ...

Interpol Nets $300 Million, Arrests 3,500 in Major Cyber Crime Bust

By Deeba Ahmed From NFTs to Sextortion: AI & Deepfakes Fuel New Scams Exposed in Interpol Cyber Sting - The global arrests were part of Interpol's operation HAECHI IV. This is a post from HackRead.com Read the original post: Interpol Nets $300 Million, Arrests 3,500 in Major Cyber Crime Bust...

3,500 Arrested in Global Operation HAECHI-IV Targeting Financial Criminals

A six-month-long international police operation codenamed HAECHI-IV has resulted in the arrests of nearly 3,500 individuals and seizures worth $300 million across 34 countries. The exercise, which took place from July through December 2023, took aim at various types of financial crimes such as...

AI Decides to Engage in Insider Trading

A stock-trading AI a simulated experiment engaged in insider trading, even though it "knew" it was wrong. The agent is put under pressure in three ways. First, it receives a email from its "manager" that the company is not doing well and needs better performance in the next quarter. Second, the...

N. Korea's BlueNoroff Blamed for Hacking macOS Machines with ObjCShellz Malware

The North Korea-linked nation-state group called BlueNoroff has been attributed to a previously undocumented macOS malware strain dubbed ObjCShellz. Jamf Threat Labs, which disclosed details of the malware, said it's used as part of the RustBucket malware campaign, which came to light earlier thi...

Russian Reshipping Service ‘SWAT USA Drop’ Exposed

The login page for the criminal reshipping service SWAT USA Drop. One of the largest cybercrime services for laundering stolen merchandise was hacked recently, exposing its internal operations, finances and organizational structure. Heres a closer look at the Russia-based SWAT USA Drop Service,...

North Korea's Lazarus Group Launders $900 Million in Cryptocurrency

As much as $7 billion in cryptocurrency has been illicitly laundered through cross-chain crime, with the North Korea-linked Lazarus Group linked to the theft of roughly $900 million of those proceeds between July 2022 and July of this year. "As traditional entities such as mixers continue to be...

5 Types of Cyber Crime Groups

Discover the five main types of cyber crime groups: access as a service, ransomware as a service, bulletproof hosting, crowd sourcing, and phishing as a service as well as tips to strengthen your defense strategy...

Interpol Busts Phishing-as-a-Service Platform '16Shop,' Leading to 3 Arrests

Interpol has announced the takedown of a phishing-as-a-service PhaaS platform called 16Shop, in addition to the arrests of three individuals in Indonesia and Japan. 16Shop specialized in the sales of phishing kits that other cybercriminals can purchase to mount phishing attacks on a large scale,...

FIN8 Group Using Modified Sardonic Backdoor for BlackCat Ransomware Attacks

The financially motivated threat actor known as FIN8 has been observed using a "revamped" version of a backdoor called Sardonic to deliver the BlackCat ransomware. According to the Symantec Threat Hunter Team, part of Broadcom, the development is an attempt on the part of the e-crime group to...

Ransomware making big money through "big game hunting"

Ransomware generates big money for the groups behind it, with new research confirming some of the scale of the problem. Chainalysis, a blockchain research firm, looked at data from monitored cryptocurrency wallets, concluding that around $449 million has been taken from victims in the last six...

French Police Will Be Able to Spy on People through Their Cell Phones

The French police are getting new surveillance powers: French police should be able to spy on suspects by remotely activating the camera, microphone and GPS of their phones and other devices, lawmakers agreed late on Wednesday, July 5. … Covering laptops, cars and other connected objects as well ...

Ransomware Extortion Skyrockets in 2023, Reaching $449.1 Million and Counting

Ransomware has emerged as the only cryptocurrency-based crime to grow in 2023, with cybercriminals extorting nearly $175.8 million more than they did a year ago, according to findings from Chainalysis. "Ransomware attackers are on pace for their second-biggest year ever, having extorted at least...

The Quiet Rise of Real-Time Crime Centers

Cities across the US have established RTCCs that police say protect the rights of innocent people, but critics warn of creeping surveillance...

North Korean Hacker Group Andariel Strikes with New EarlyRat Malware

The North Korea-aligned threat actor known as Andariel leveraged a previously undocumented malware called EarlyRat in phishing attacks, adding another piece to the group's wide-ranging toolset. "Andariel infects machines by executing a Log4j exploit, which, in turn, downloads further malware from...

Criminal secure messaging system takedown: 6500+ arrests and €900 million+ seized

In 2020, we reported on how law enforcement managed to compromise a secure communications system set up by and for criminals. Now, Europol has published a progress report showing the enormous impact the infiltration of the encrypted communications tool EncroChat made. EncroChat, a company based i...

EncroChat Bust Leads to 6,558 Criminals' Arrests and €900 Million Seizure

Europol on Tuesday announced that the takedown of EncroChat in July 2020 led to 6,558 arrests worldwide and the seizure of €900 million in illicit criminal proceeds. The law enforcement agency said that a subsequent joint investigation initiated by French and Dutch authorities intercepted and...

Powerful JavaScript Dropper PindOS Distributes Bumblebee and IcedID Malware

A new strain of JavaScript dropper has been observed delivering next-stage payloads like Bumblebee and IcedID. Cybersecurity firm Deep Instinct is tracking the malware as PindOS, which contains the name in its "User-Agent" string. Both Bumblebee and IcedID serve as loaders, acting as a vector for...