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Russian authorities are said to have broken up the REvil group
B2B Cyber ​​Security ShortNews

As reported by Tageschau.de, the Russian authorities state that they tracked down and smashed the hacker group REvil. Hackers from the REvil group are said to be behind thousands of ransomware attacks, such as on the American IT service provider Kaseya and its 40.000 business customers. As reported by Tageschau.de, the US has asked the Russian authorities whether reports of the hacker group REvil being broken up are true. According to their own statements, Russian investigators have now dissolved the REvil infrastructure. The domestic secret service FSB announced that the illegal activities of the members had been smashed. During searches at 14 places of residence, money and equipment were...

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DDoS extortion campaign targets VoIP providers
B2B Cyber ​​Security ShortNews

Since the beginning of September 2021, several Voice-over-IP (VoIP) communication providers have been attacked by a highly effective DDoS extortion campaign. The attacks resulted in failures and disruptions in VoIP operations and services around the world. In early October, the number of DDoS extortion attacks increased worldwide, affecting both wholesale and retail VoIP providers. In these attacks, the attackers tried to put the targeted organizations under massive pressure so that they would make extortion payments in cryptocurrency in return for stopping the attacks. At this point it should be pointed out again that paying ransom is no guarantee that the attacks will stop ...

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What are cyber criminals doing with the millions of ransom money?
What are cyber criminals doing with the millions of ransom money?

Ransomware washes a fortune into cybercriminals' cryptocurrency accounts. But where does all the money go? A life in luxury? Research by Sophos shows that a lot of money is being invested in further attacks. So whoever pays will also finance the next attack on themselves. Where are the millions of Bitcoins & Co. going that the victims of ransomware attacks pay their extortionists on the assumption that they will get their confiscated data back in this way? At least once there was a hunch: When suspects were arrested in Ukraine who were in ...

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Cryptocurrency and cyber crime

Cryptocurrency and Cybercrime: How Bitcoin and Co. are fueling cyber extortion, BEC and ransomware. Cryptocurrency is a type of currency that is only available in digital form. Due to its decentralized nature and lack of regulation, it has become a preferred means of payment for cyber criminals. Traditionally it has been used for blackmail and ransomware attacks, but hackers have now also started using it for spear phishing, impersonation and business email compromise (BEC) attacks. The following article examines how cybercriminals operate and explains protection strategies. Rise in Bitcoin Price and E-Mail Threats As the price of Bitcoin tends to rise sharply and the public ...

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FBI: Colonial Pipeline Bitcoin Ransom Seized 
B2B Cyber ​​Security ShortNews

Cyber ​​gangsters recently attacked the Colonial Pipeline with ransomware and demanded a ransom in the millions in the form of Bitcoin. The FBI has tracked the ransom and seized Bitcoin wallets worth $ 2,3 million and even emptied the wallets. The FBI's Bitcoin coup is a declaration of war. In the sights: the infrastructure of the criminals. When the APT gang paralyzed the Colonial Pipeline company with their ransomware in May, the gas stations on the US east coast ran dry and there were panic buying. The US judiciary now has a real success relatively quickly ...

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Ransomware: every 2nd person pays - but does not receive any data 
Ransomware: every 2nd person pays - but does not receive any data

Money gone, data gone: Every second person in Germany pays ransom after a ransomware attack - and does not receive data back. Kaspersky study: The greatest willingness to pay ransom is shown by 35 to 44 year olds worldwide, the least by the 55 plus generation. This is how you unconsciously finance further attacks. How do consumers deal with ransomware blackmail attempts? What ransom sums are you willing to pay and will you actually get your data back? A global Kaspersky study, in which around 1.000 people in Germany were interviewed, answered these questions: According to this, 52 percent in this country have already responded to ...

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The rise of Ryuk ransomware
Ryuk ransomware Bitcoin

The Ryuk ransomware has gained massive popularity among cyber criminals. The number of attacks detected rose from just 5.123 in Q3 2019 to over 67 million in Q3 2020, according to a security study by SonicWall. This equates to about a third of all ransomware attacks carried out this quarter. Ryuk's explosive growth also caused the total number of ransomware attacks reported in Q3 2020 to increase by 2019 percent compared to the same period in 40. Ryuk ransomware extremely popular Ryuk is a sophisticated ...

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