LockBitSupp, the individual(s) behind the persona representing the LockBit ransomware service on cybercrime forums such as Exploit and XSS, "has engaged with law enforcement," authorities said. The development comes following the takedown of the prolific ransomware-as-a-service (RaaS) operation as part of a coordinated international operation codenamed Cronos. Over 14,000 rogue … [Read more...] about Authorities Claim LockBit Admin “LockBitSupp” Has Engaged with Law Enforcement
Enforcement
Hive Ransomware Infrastructure Seized in Joint International Law Enforcement Effort
In what's a case of hacking the hackers, the darknet infrastructure associated with the Hive ransomware-as-a-service (RaaS) operation has been seized as part of a coordinated law enforcement effort involving 13 countries. "Law enforcement identified the decryption keys and shared them with many of the victims, helping them regain access to their data without paying the … [Read more...] about Hive Ransomware Infrastructure Seized in Joint International Law Enforcement Effort
SEC Plans to Hire More Staff in Crypto Enforcement Unit to Fight Frauds
The U.S. Securities and Exchange Commission (SEC) on Tuesday announced that it will expand and rebrand its Cyber Unit to fight against cyber-related threats and protect investors in cryptocurrency markets. To that end, the SEC is renaming the Cyber Unit within the Division of Enforcement to Crypto Assets and Cyber Unit and plans to infuse 20 additional positions with the goal … [Read more...] about SEC Plans to Hire More Staff in Crypto Enforcement Unit to Fight Frauds
Justice Department Appoints First Director of National Cryptocurrency Enforcement Team
The U.S. Department of Justice (DoJ) earlier this week appointed Eun Young Choi to serve as the first Director of the National Cryptocurrency Enforcement Team (NCET) it established last year. The NCET was created to tackle the criminal misuse of cryptocurrencies and digital assets," with a focus on illegal activities in virtual currency exchanges, mixing and tumbling services, … [Read more...] about Justice Department Appoints First Director of National Cryptocurrency Enforcement Team
New Ransomware Variants Flourish Amid Law Enforcement Actions
Ransomware groups continue to evolve their tactics and techniques to deploy file-encrypting malware on compromised systems, notwithstanding law enforcement's disruptive actions against the cybercrime gangs to prevent them from victimizing additional companies. "Be it due to law enforcement, infighting amongst groups or people abandoning variants altogether, the RaaS … [Read more...] about New Ransomware Variants Flourish Amid Law Enforcement Actions
Law Enforcement Seizes Joker’s Stash — Stolen Credit Card Marketplace
The US Federal Bureau of Investigation (FBI) and Interpol have allegedly seized proxy servers used in connection with Blockchain-based domains belonging to Joker's Stash, a notorious fraud bazaar known for selling compromised payment card data in underground forums. The takedown happened last week on December 17. The operators of Joker's Stash operate several versions of the … [Read more...] about Law Enforcement Seizes Joker’s Stash — Stolen Credit Card Marketplace
‘GozNym’ Banking Malware Gang Dismantled by International Law Enforcement
In a joint effort by several law enforcement agencies from 6 different countries, officials have dismantled a major global organized cybercrime network behind GozNym banking malware.GozNym banking malware is responsible for stealing nearly $100 million from over 41,000 victims across the globe, primarily in the United States and Europe, for years. GozNym was created by … [Read more...] about ‘GozNym’ Banking Malware Gang Dismantled by International Law Enforcement