Analysts “strongly believe” the Russian state colludes with ransomware gangs

"We have the smoke, the smell of gunpowder and a bullet casing. But we do not have the gun to link the activity to the Kremlin." This is what Jon DiMaggio, Chief Security Stretegist for Analyst1, said in an interview with CBS News following the release of its latest whitepaper, entitled "Nation...

Evil Corp Impersonates PayloadBin Group to Avoid Federal Sanctions

The criminal group Evil Corp is trying to mask its latest activity by using previously unknown ransomware called PayloadBin, according to researchers. The move is believed to be an attempt to confuse law enforcement and avoid sanctions imposed by the U.S. federal government against entities it...

Researchers Mixed on Sanctions for Ransomware Negotiators

Ransomware negotiators may have to pay up in new ways if they intercede with cybercriminals on companies’ behalf. Several researchers weighed in on the wisdom of the move, with mixed reactions. The U.S. Department of the Treasury said Thursday that companies that facilitate ransomware payments to...

Inside ‘Evil Corp,’ a $100M Cybercrime Menace

The U.S. Justice Department this month offered a $5 million bounty for information leading to the arrest and conviction of a Russian man indicted for allegedly orchestrating a vast, international cybercrime network that called itself "Evil Corp" and stole roughly $100 million from businesses and...

Alleged Russian Hacker Behind $100 Million Evil Corp Indicted

The US is charging Maksim Yakubets over two of the biggest cybertheft campaigns of the last decade, and offers a record reward for information on the case...

FBI Puts $5 Million Bounty On Russian Hackers Behind Dridex Banking Malware

The United States Department of Justice today disclosed the identities of two Russian hackers and charged them for developing and distributing the Dridex banking Trojan using which the duo stole more than $100 million over a period of 10 years. Maksim Yakubets, the leader of 'Evil Corp' hacking...

Feds Offer $5M Reward to Nab 'Evil Corp' Dridex Hacker

U.S. authorities are offering up $5 million for information leading to the arrest of Evil Corp. leader Maksim V. Yakubets, 32, of Russia, who goes under the moniker “aqua.” The U.S. alleges that Yakubets and his company have stolen millions of dollars from victims using the Dridex banking trojan...