Bill Toulas reports: A 29-year-old man in Ukraine was arrested this week for using hacked accounts to create 1 million virtual servers used to mine $2 million in cryptocurrency. As announced today by Europol, the suspect is believed to be the mastermind behind a large-scale cryptojacking scheme that involves hijacking cloud computing resources for crypto-mining. By…
Category: Hack
Pharma Giant Alkem Laboratories Faces Security Breach, Rs 52 Crores at Stake
Sharad Natani reports: Pharmaceutical giant Alkem Laboratories confirmed Friday that a cybersecurity incident led to a fraudulent transfer of Rs 52 crore from one of its subsidiaries. While the company maintained the impact was minimal and confined to a specific incident, the disclosure raises concerns about vulnerabilities in India’s pharmaceutical sector to cyberattacks. Without revealing…
Politically motivated hacks: Moscow ISP hit in response to Kyivstar cyberattack; Taiwan bombarded with cyberattacks ahead of election
Politically motivated hacks continue. Two current examples outside of the U.S.: James Pearson and Tom Balmforth report: Hackers linked to Ukraine’s main spy agency have breached computer systems at a Moscow-based internet provider in retaliation for a Russian cyber attack against Ukrainian telecom giant Kyivstar, a source with direct knowledge of the operation told Reuters…
Follow-on extortion campaign: confirmation of some findings by Arctic Wolf
Bill Toulas of Bleeping Computer reported on a recent Arctic Wolf Labs investigation that caught my eye. Arctic Wolf investigated two cases where victims of the Royal and Akira ransomware gangs who had paid ransoms were subsequently approached by threat actors offering to help them by hacking into the server of the ransomware gangs to…
Sébastien Raoult sentenced in federal court; could be out in less than 11 months
Earlier today, French natural Sébastien Raoult learned his sentence in federal court in Seattle. Raoult, aka “Sezyo,” had been detained in Morocco as he prepared to fly home to France after a vacation. His detention in response to a Red Notice led to an intense extradition fight. Raoult’s counsel urged France to request Raoult be…
HMG Healthcare notifies employees and residents of cyberattack
HMG Healthcare has posted a notice of a data breach on its website, but most people are unlikely to notice the substitute notice because of the way it has been presented. If the purpose of a substitute notice under HIPAA is to reach people the covered entity may not have sufficient or current contact information…