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Category: Commentaries and Analyses

Revenge is mine, saith a hacker. No big deal, saith a researcher.

Posted on July 12, 2020 by Dissent

Vinny Troia, a self-described security researcher and and the owner of cybersecurity firms Night Lion Security and DataViper.io, will be the opening keynote speaker at SecureWorld’s virtual conference this coming Wednesday. He has promoted himself and his talk by claiming that he will reveal all of the identities of key members of thedarkoverlord, GnosticPlayers, and…

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How REvil Used the Underground Ecosystem to Form an Extortion Cartel

Posted on July 11, 2020 by Dissent

A new paper on Sodinokibi (REvil) ransomware operators by Advanced Intelligence begins: Just about one year ago, the makers of the infamous GandCrab ransomware announced their retirement, having reportedly earned an astonishing $2 billion since their entry into the ransomware market in January 2018. The vacuum was quickly filled, however. Forensic and malware evidence was…

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Was FSB Marketplace Takedown and Arrest of “Flint24” Punishment for Political Misstep?

Posted on July 10, 2020 by Dissent

Back in March, I pointed readers to a fascinating report by Gemini Advisory concerning the Russian Federal Security Service (FSB) takedown of a top tier marketplace and the arrest of its administrators. At the time, they were confident that the marketplace was BuyBest, and that one of its administrators was Alexey Stroganov (aka “Flint24”). Stroganov’s…

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“Keeper” Magecart Group Infects 570 Sites — Gemini Advisory Researchers

Posted on July 8, 2020 by Dissent

Yesterday, Gemini Advisory released a report on some of its research into what they are calling the “Keeper” Magecart Group. Their findings are simultaneously impressive and concerning.  From their report, this summary of their key findings: Gemini discovered that the “Keeper” Magecart group, which consists of an interconnected network of 64 attacker domains and 73…

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How Cyberinsurance Is Responding to Ransomware: An Interview with Ken Suh, Mark Singer, and Marcello Antonucci

Posted on July 5, 2020 by Dissent

Daniel Solove writes: Ransomware has long been a scourge, and it has been growing into a pandemic with no signs of slowing down. I recently had the opportunity to discuss ransomware with several experts at Beazley. Based in Chicago, Ken Suh is the focus group leader for cyber & tech claims at Beazley. Mark Singer is a cyber & tech claims…

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Extraterritorial Application of the Computer Fraud and Abuse Act

Posted on July 5, 2020 by Dissent

William K. Kane and Melissa M. Mikhail of SheppardMullin write: A brazen and sophisticated computer intrusion into the records of over 145 million Americans launched from computer hackers based in China led to recent criminal prosecutions under the Computer Fraud and Abuse Act. [1] Courts are willing to extend American law beyond U.S. boundaries often when criminal…

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