It seems like the ransomware business model is evolving rapidly. Lawrence Abrams reports: For the first time, the operators behind the Sodinokibi Ransomware have released files stolen from one of their victims because a ransom was not paid in time. Since last month, the representatives of the Sodinokibi, otherwise known as REvil, have publicly stated that they would begin…
Category: Financial Sector
GozNym Gang Members Behind $100 Million Damages Sentenced
Sergiu Gatlan reports: Three members of a cybercrime group that used the GozNym banking Trojan to steal millions from U.S. businesses were sentenced today in parallel and multi-national prosecutions in Pittsburgh and Tbilisi, Georgia. The GozNym group members were charged for stealing “an estimated $100 million from more than 41 000 victims, primarily businesses and…
AZ: Ex-workers at Tempe financial firm accused of theft, computer tampering
Nicole Garcia reports: Two former employees of a financial firm in Tempe are arrested in what police are calling a multi-million dollar case of fraud. Officers booked Dria Carr and Eric Hernandez, both of Phoenix, on felony counts of theft and computer tampering. According to detectives, while working at “Freedom Financial Network” in Tempe, Carr sent…
15 Million Debit Cards Exposed as Iranian Banks Fall Victim to Cyber Warfare
Avi Mizrahi reports: The private details of 15 million bank debit cards in Iran have been published on Telegram in the largest banking security incident in the country’s history. Iranian authorities so far try to blame the breach on common criminals but cyber security experts suspect it was the work of intelligence agencies from the…
Update: Desjardins says data breach also affects 1.8-million credit cardholders
Frédéric Tomesco reports: The privacy breach at Mouvement Desjardins now extends to credit cardholders. About 1.8-million cardholders who are not Desjardins members may have had their personal information compromised, chief executive officer Guy Cormier said Tuesday. The rogue employee at the centre of the leak — who has since been fired — had access to banking details…
Russian Hacking Group Evil Corp. Charged By Federal Prosecutors In Alleged Bank Fraud
Bobby Allyn reports: Federal law enforcement officials have announced criminal charges against two Russian nationals who operate a hacking organization known as Evil Corp., a group officials say is responsible for one of the most sweeping banking fraud schemes in the past decade. The criminal indictments were unsealed in Pittsburgh, Pa., and Lincoln, Nebraska, against Maksim Yakubets, 32,…