Cybercrime, Fraud Management & Cybercrime Federal Complaint Reveals Charges Against Maxim Rudometov for Malware Development and Distribution Mathew J. Schwartz (euroinfosec) • October 29, 2024 Images from Maxim Rudometov’s C#stealer training material (left) and his iCloud account. (Source: DOJ) The United States Department of Justice has unveiled a significant legal…
Four Vietnamese Nationals Indicted in Major Cybercrime Case Linked to FIN9 Group The U.S. Department of Justice has announced the indictment of four Vietnamese individuals tied to the notorious FIN9 cybercrime organization. These defendants are facing serious charges for their roles in a series of cyber intrusions that have resulted…
Rise in Data Breaches Spurs Calls for Enhanced Cybersecurity Measures in Malaysia Cybersecurity experts are voicing urgent concerns over a dramatic surge in data breaches in Malaysia, prompting the need for more stringent security protocols and frameworks. Recent statistics reveal an alarming increase of 1,192% in data breaches, with reported…
Security Vulnerability Exploited: $3 Million Stolen from Crypto Exchange Kraken In a significant breach, cryptocurrency exchange Kraken has reported that a critical zero-day vulnerability in its platform led to the theft of approximately $3 million in digital assets. The breach was orchestrated by an unnamed security researcher who not only…
Federal prosecutors have charged Robert B. Westbrook, a UK national, for his alleged involvement in a “hack-to-trade” scheme that reportedly generated $3.75 million in illicit stock trades. This operation involved unauthorized access to the Office365 email accounts of various executives at publicly traded companies, allowing Westbrook to acquire confidential quarterly…
A ransomware group known as Stormous has issued a disturbing alert regarding the potential release of sensitive data pertaining to around 57,000 customers of Transak, a platform that facilitates cryptocurrency transactions. The group asserts it has obtained critical user information from the payment gateway and has threatened to make this…
In a notable case beginning in November 2020, an individual known only as “Individual X” engaged with an IRS agent, Tigran Gambaryan, alongside prosecutors from the U.S. Attorney’s office in San Francisco. This unnamed party entered a Bitcoin private key into Gambaryan’s laptop, facilitating the transfer of 69,370 bitcoins from…
A recent report from Homeland Security Investigations (HSI), published on October 4, 2024, indicates significant advancements in the recovery of funds linked to ransomware activities. HSI officials have successfully tracked and recovered approximately $4.3 billion in cryptocurrency payments associated with ransomware over the last three years. The Department of Homeland…
WazirX Suffers Major Security Breach Resulting in $230 Million Loss The Indian cryptocurrency exchange WazirX has reported a significant security breach that has led to the theft of approximately $230 million in digital assets. The breach specifically affected one of their multi-signature wallets, which are designed to enhance security by…
