Laura Dobberstein reports: Indian infosec firm CloudSEK last week claimed it found records describing 750 million Indian mobile network subscribers on the dark web, with two crime gangs offering the trove of data for just $3,000. CloudSEK named CYBO CREW affiliates CyboDevil and UNIT8200 as the vendors of a 1.8TB trove, which contains mobile subscribers’…
Canadian malware spreader gets 2 years in prison
Joe Warminsky reports: A Canadian court handed down a two-year prison sentence to a man who admitted coordinating ransomware and malware attacks on private citizens, businesses and government agencies. Matthew Philbert, 33, pleaded guilty in October of last year to charges of fraud and unauthorized access to computers after his arrest in 2021 in Canada….
Ransomware payments drop to record low as victims refuse to pay
Bill Toulas reports: The number of ransomware victims paying ransom demands has dropped to a record low of 29% in the final quarter of 2023, according to ransomware negotiation firm Coveware. This trend became apparent in mid-2021 when the payment rate dropped to 46% after previously being 85% at the start of 2019. According to Coveware, the…
Italy government proposes tougher jail terms for cybercriminals
Reuters reports: Italy’s government is set to propose tougher jail terms for cybercrime and stricter disclosure rules for public bodies that come under attack from hackers, according to a draft law seen by Reuters on Wednesday. The bill, set for discussion at a cabinet meeting on Thursday, comes after repeated instances of ransomware and other…
SolarWinds Seeks Dismissal of ‘Unfounded’ SEC Cybersecurity Suit
Skye Witley reports: SolarWinds Corp. issued a full-throated denial of wrongdoing in how it handled one of the worst cyberattacks in history in a Friday court filing seeking the dismissal of US Securities and Exchange Commission allegations that its software security representations defrauded investors and violated rules on controls. SolarWinds argued that it disclosed risks…
Facebook suffers big loss in lawsuit against data-scraping company
Jon Brodkin reports: One year after Meta sued a data-scraping company, a federal judge this week threw out Meta’s breach-of-contract claim because the defendant obtained only public data from Facebook and Instagram. Meta sued Bright Data in January 2023, making claims of breach of contract and tortious interference with contract. Bright Data is an Israeli company that collects data…