WASHINGTON – The Department of Justice today announced that it has seized 63.7 bitcoins currently valued at approximately $2.3 million. These funds allegedly represent the proceeds of a May 8, ransom payment to individuals in a group known as DarkSide, which had targeted Colonial Pipeline, resulting in critical infrastructure being taken out of operation. The…
Category: Business Sector
Cybercrime forum advertises alleged database, source code from Russian firm that helped Parler
Tim Starks reports: A seller on a popular cybercrime forum appears to be offering up source code and a database they say belongs to DDoS-Guard, the Russia-based hosting site that helped right-leaning social media company Parler get back online after Amazon Web Services banished it. […] Security vendor Group-IB, which noticed the listing, said that while…
Anti-ransomware biz ExaGrid ‘paid $2.6m ransomware demand’
Chris Mellor reports: Computer storage supplier ExaGrid has attempted to downplay a report that it paid nearly $3m to criminals who infected its corporate network with ransomware. ExaGrid supplies backup disk storage equipment that features so-called retention time-lock technology with immutable deduplication objects. This is supposed to thwart ransomware attacks in which malware infects not just an…
Jp: Fujifilm refuses to pay ransomware demand, restores network from backups
Robert Scammell reports: Japanese multinational conglomerate Fujifilm said it has refused to pay a ransom demand to the cyber gang that attacked its network in Japan last week and is instead relying on backups to restore operations. The company’s computer systems in the US, Europe, the Middle East and Africa are now “fully operational and…
Capcom Facing $12 Million Lawsuit For Allegedly Using Artist’s Photos Without Permission
Remember in November, 2020 when Japanese gaming giant Capcom fell victim to a ransomware attack? The Ragnar_Locker threat actors demanded $11 million ransom, and when the firm didn’t pay, they started dumping data. Capcom’s updates on the incident noted that approximately 15,000 people had their personal information involved, but no credit card information was involved….
Hackers Breached Colonial Pipeline Using Compromised Password
William Turton and Kartikay Mehrotra report: The hack that took down the largest fuel pipeline in the U.S. and led to shortages across the East Coast was the result of a single compromised password, according to a cybersecurity consultant who responded to the attack. Hackers gained entry into the networks of Colonial Pipeline Co. on…