with the emergence of an audacious group of young criminal hackers from the U.S., U.K. and Canada the FBI calls Scattered Spider. More troubling, they have teamed up with Russia's most notorious ransomware gang.

cbsnews.com/news/cybersecurity

Scattered spider

cisa.gov/news-events/cybersecu

update: arrests made

Thankfully I don't need to type all this out 😆

V-K-Underground has it covered

Lockbit cybercrime gang disrupted by Britain, US and EU

The operation was run by Britain’s National Crime Agency, the U.S. Federal Bureau of Investigation, Europol and a coalition of international police agencies, according to a post on the gang’s extortion website.

reuters.com/technology/cyberse

US Offers $10 Million for Information on BlackCat Ransomware Leaders

securityweek.com/ukrainian-ple

Ukrainian national Vyacheslav Igorevich Penchukov has pleaded guilty to holding key roles in the Zeus and IcedID malware operations.

securityweek.com/ukrainian-ple

The rise of teens committing serious cybercrimes on a large scale — and doing real harm is the process — has become hard to ignore. What's driving the scary trend?

Crypto theft, sextortion tactics, swattings, and ransomware: teenagers are increasingly taking up cybercrime for fun and profit — and experts credit an array of contributing factors.

darkreading.com/threat-intelli

An investigation into North Korean hackers exposed another world of online crime has discovered new criminal tactics

Insta mules and crypto mixers: How tech is transforming money laundering

thenextweb.com/news/geoff-whit

True story of how three guys exploit the freewheeling cryptocurrency market to scam millions from investors and bankrolled their own lavish lifestyle

Bit-Conned documentary

interest-based investment portals on the internet are one of the biggest scams of our time

people sign-up hoping to invest but get ripped off

germany alone has seen billions being scammed leaving thousands of victims falling victim to their own gullibility

billion dollar fraud on the net

youtu.be/7gI-w6Dw77I

international collaboration, law enforcement agencies successfully arrested hackers behind high-profile ransomware attacks on 71 countries.

international investigators from the following countries to assist Ukrainian police:-

Norway
France
Germany
The US

Amid Russia’s military aggression, the following law enforcement agencies united to dismantle the Ukraine-based ransomware operations:-

Global law enforcement
Europol
Eurojust

europol.europa.eu/media-press/

A young man from Orlando, Florida, has been handed a 30-month prison sentence for his role in a cybercrime scheme that stole nearly $1 million in cryptocurrency from unsuspecting victims.

gbhackers.com/hacker-jailed-si

From High Life Hackers to National Menace: The Rise and Fall of Digital Bandits 'ACG'

Hackers 'ACG' popped champagne and bought sports cars. Then the group and its associates ushered in a bold new era of crime where anything is possible

404media.co/high-life-hackers-

How Cybercriminals Abuse For Fraudulent Activities

Among the methods employed by cyber-criminals to gain unauthorized access to user accounts, session cookies play a significant role

Cyber-criminals purchase stolen Airbnb account cookies from underground forums, granting them unauthorized entry without needing valid usernames and passwords. Though short-lived, these stolen access windows are swiftly exploited by attackers.

report

slashnext.com/blog/how-cybercr

Authorities in Poland arrested two individuals on suspicion of planning an unlawful hack into the communication network of the national railway

Poland, which is renowned for its loyalty to , plays a key role in aiding the transportation of Western weapons into the nation

Stanislaw Zaryn, the special services deputy coordinator, speculated a potential link to destabilization actions carried out by Russia in collaboration with Belarus.

gbhackers.com/two-men-arrested

Security News This Week:

US Energy Firm Targeted With Malicious QR Codes in Mass Phishing Attack

Plus: New research reveals the strategies hackers use to hide their malware distribution system, and companies are rushing to release mitigations for the “Downfall” processor vulnerability on Intel chips.

wired.com/story/qr-codes-phish

An international law enforcement operation led by Interpol has led to the arrest of 14 suspected cybercriminals in an operation codenamed 'Africa Cyber Surge II,' launched in April 2023.

The four-month operation spanned 25 African countries and disrupted over 20,000 cybercrime networks engaged in extortion, phishing, BEC, and online scams, responsible for financial losses of over $40,000,000.

interpol.int/en/News-and-Event

Security News This Week:

ICYMI anything a nice round-up of latest security news

A New Attack Reveals Everything You Type With 95 Percent Accuracy

Plus: A pair of major data breaches rock the UK, North Korea hacks a Russian missile maker, and Microsoft’s Chinese Outlook breach sparks new problems.

wired.com/story/keystroke-atta

Lolek Bulletproof Hosting Servers Seized, 5 Key Operators Arrested

"Five of its administrators were arrested, and all of its servers seized, rendering LolekHosted.net no longer available," Europol said in a statement.

thehackernews.com/2023/08/lole

The ransomware group, potentially the world’s most prolific cybercrime organization, is attempting to extort a school for children with special educational needs.

therecord.media/russian-cyberc

West Oaks School, in Leeds, England, has a capacity for 440 pupils between the ages of 2 and 19. It was listed on the gang’s darknet site on July 31 alongside a notice that the school had two weeks to make a ransom payment or the purportedly stolen data would be published.

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