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Pierluigi Paganini July 15, 2024
AT&T paid a $370,000 ransom to prevent stolen data from being leaked

Wired attributes the recently disclosed AT&T data breach to a hacker living in Turkey and reported the company paid a $370,000 ransom. An American hacker who lives in Turkey claimed responsibility for the recently disclosed AT&T data breach. The man also said the company paid a ransom to ensure that stolen data would be deleted, […]

Pierluigi Paganini June 18, 2024
The Financial Dynamics Behind Ransomware Attacks

Over the last few years, ransomware attacks have become one of the most prevalent and expensive forms of cybercrime. Initially, these attacks involved malicious software that encrypts a victim’s data, rendering it inaccessible until a ransom is paid to the attackers. Today, this tactic has evolved, where ransomware operators in nearly every case first exfiltrate […]

Pierluigi Paganini June 17, 2024
Empire Market owners charged with operating $430M dark web marketplace

Federal authorities charged two individuals with operating the dark web marketplace Empire Market that facilitated over $430 million in illegal transactions. Two men, Thomas Pavey (aka “Dopenugget”) and Raheim Hamilton (aka “Sydney” and “Zero Angel”), have been charged in federal court in Chicago for operating the dark web marketplace “Empire Market” from 2018 to 2020. […]

Pierluigi Paganini June 17, 2024
Spanish police arrested an alleged member of the Scattered Spider group

A joint law enforcement operation led to the arrest of a key member of the cybercrime group known as Scattered Spider. Spanish police arrested a 22-year-old British national who is suspected of being a key member of the cybercrime group known as Scattered Spider (also known as UNC3944, 0ktapus). The man was arrested in Palma de […]

Pierluigi Paganini June 02, 2024
Security Affairs newsletter Round 474 by Pierluigi Paganini – INTERNATIONAL EDITION

A new round of the weekly SecurityAffairs newsletter arrived! Every week the best security articles from Security Affairs are free for you in your email box. Enjoy a new round of the weekly SecurityAffairs newsletter, including the international press. Ticketmaster confirms data breach impacting 560 million customers Critical Apache Log4j2 flaw still threatens global finance […]

Pierluigi Paganini May 12, 2024
As of May 2024, Black Basta ransomware affiliates hacked over 500 organizations worldwide

Black Basta ransomware affiliates have breached over 500 organizations between April 2022 and May 2024, FBI and CISA reported. The FBI, CISA, HHS, and MS-ISAC have issued a joint Cybersecurity Advisory (CSA) regarding the Black Basta ransomware activity as part of the StopRansomware initiative. Black Basta has targeted at least 12 critical infrastructure sectors, including […]

Pierluigi Paganini May 07, 2024
Alexander Vinnik, the operator of BTC-e exchange, pleaded guilty to money laundering

Alexander Vinnik, a Russian operator of virtual currency exchange BTC-e pleaded guilty to participating in a money laundering scheme. Alexander Vinnik, a Russian national, pleaded guilty to conspiracy to commit money laundering for his involvement in operating the cryptocurrency exchange BTC-e from 2011 to 2017. BTC-e processed over $9 billion in transactions and served over […]

Pierluigi Paganini May 02, 2024
Ukrainian REvil gang member sentenced to 13 years in prison

A Ukrainian national, a member of the REvil group, has been sentenced to more than 13 years in prison for his role in extortion activities. The Ukrainian national, Yaroslav Vasinskyi (24), aka Rabotnik, has been sentenced to more than 13 years in prison and must pay $16 million in restitution for conducting numerous ransomware attacks […]

Pierluigi Paganini April 30, 2024
Notorious Finnish Hacker sentenced to more than six years in prison

Finnish hacker was sentenced to more than six years in prison for hacking into an online psychotherapy clinic and attempted extortion. A popular 26-year-old Finnish hacker Aleksanteri Kivimäki was sentenced to more than six years in prison for hacking into the online psychotherapy clinic Vastaamo Psychotherapy Center, exposing tens of thousands of patient therapy records, […]

Pierluigi Paganini April 26, 2024
Cryptocurrencies and cybercrime: A critical intermingling

As cryptocurrencies have grown in popularity, there has also been growing concern about cybercrime involvement in this sector Cryptocurrencies have revolutionized the financial world, offering new investment opportunities and decentralized transactions. However, as cryptocurrencies have grown in popularity, there has also been growing concern about cybercrime involvement in this sector. The natural ambiguity of cryptocurrencies […]