“I’m not guilty,” Egor Igorevich Kriuchkov said in response to a charge of conspiracy to intentionally cause damage to a protected computer. He said earlier in the hearing that he wanted “to go through the whole process as fast as possible.” Kriuchkov, 26, also told U.S. Magistrate Judge Carla Baldwin that he knew the Russian…

Cyber attacks have increased in number and severity since the onset of the pandemic. The changes organizations implemented to facilitate remote work have given cybercriminals new opportunities to launch campaigns exploiting mass uncertainty and fear. Ransomware attack severity increases In fact, since the beginning of COVID-19, Coalition observed a 47% increase in the severity of…

SWIFT and BAE Systems published a report that describes the complex web of money mules, front companies and cryptocurrencies that criminals use to siphon funds from the financial system after a cyber attack. The report highlights the ingenuity of money laundering tactics to obtain liquid financial assets and avoid any subsequent tracing of the funds….

Mimecast released the Threat Intelligence Report: Black Hat U.S.A. Edition 2020, which presents insights gleaned from the analysis of 195 billion emails processed by Mimecast for its customers from January through June 2020. Of those, 92 billion (47%) were flagged as malicious or spam and rejected. Main trends Two main trends ran throughout the analysis:…

Previous attacks involving this malware family were observed leveraging malicious versions of the trading app Stockfolio, and security researchers also associated the GMERA Trojan with the activities of North Korean hackers. Recently identified campaigns featuring the malware involved the use of several websites that distributed malicious applications claiming to provide cryptocurrency trading capabilities. The cybercriminals…