DDoS Mitigation Firm Founder Admits to DDoS

Credit to Author: BrianKrebs| Date: Mon, 20 Jan 2020 23:13:03 +0000

A Georgia man who co-founded a service designed to protect companies from crippling distributed denial-of-service (DDoS) attacks has pleaded to paying a DDoS-for-hire service to launch attacks against others.

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Alleged Member of Neo-Nazi Swatting Group Charged

Credit to Author: BrianKrebs| Date: Sat, 11 Jan 2020 03:22:27 +0000

Federal investigators on Friday arrested a Virginia man accused of being part of a neo-Nazi group that targeted hundreds of people in “swatting” attacks, wherein fake bomb threats, hostage situations and other violent scenarios were phoned in to police as part of a scheme to trick them into visiting potentially deadly force on a target’s address.

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Nuclear Bot Author Arrested in Sextortion Case

Credit to Author: BrianKrebs| Date: Tue, 17 Dec 2019 19:09:10 +0000

Last summer, a wave of sextortion emails began flooding inboxes around the world. The spammers behind this scheme claimed they’d hacked your computer and recorded videos of you watching porn, and promised to release the embarrassing footage to all your contacts unless a bitcoin demand was paid. Now, French authorities say they’ve charged two men they believe are responsible for masterminding this scam. One of them is a 21-year-old hacker interviewed by KrebsOnSecurity in 2017 who openly admitted to authoring a banking trojan called “Nuclear Bot.”

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Inside ‘Evil Corp,’ a $100M Cybercrime Menace

Credit to Author: BrianKrebs| Date: Mon, 16 Dec 2019 14:08:21 +0000

The U.S. Justice Department this month offered a $5 million bounty for information leading to the arrest and conviction of a Russian man indicted for allegedly orchestrating a vast, international cybercrime network that called itself “Evil Corp” and stole roughly $100 million from businesses and consumers. As it happens, for several years KrebsOnSecurity closely monitored the day-to-day communications and activities of the accused and his accomplices. What follows is an insider’s look at the back-end operations of this gang.

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DDoS-for-Hire Boss Gets 13 Months Jail Time

Credit to Author: BrianKrebs| Date: Wed, 20 Nov 2019 13:05:15 +0000

A 21-year-old Illinois man was sentenced last week to 13 months in prison for running multiple DDoS-for-hire services that launched millions of attacks over several years. This individual’s sentencing comes more than five years after KrebsOnSecurity interviewed both the defendant and his father and urged the latter to take a more active interest in his son’s online activities.

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Why Were the Russians So Set Against This Hacker Being Extradited?

Credit to Author: BrianKrebs| Date: Mon, 18 Nov 2019 21:19:10 +0000

The Russian government has for the past four years been fighting to keep 29-year-old alleged cybercriminal Alexei Burkov from being extradited by Israel to the United States. When Israeli authorities turned down requests to send him back to Russia — supposedly to face separate hacking charges there — the Russians then imprisoned an Israeli woman for seven years on trumped-up drug charges in a bid to trade prisoners. That effort failed as well, and Burkov had his first appearance in a U.S. court last week. What follows are some clues that might explain why the Russians are so eager to reclaim this young man.

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Orcus RAT Author Charged in Malware Scheme

Credit to Author: BrianKrebs| Date: Wed, 13 Nov 2019 15:41:17 +0000

In July 2016, KrebsOnSecurity published a story identifying a Toronto man as the author of the Orcus RAT, a software product that’s been marketed on underground forums and used in countless malware attacks since its creation in 2015. This week, Canadian authorities criminally charged him with orchestrating an international malware scheme.

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Takeaways from the $566M BriansClub Breach

Credit to Author: BrianKrebs| Date: Tue, 29 Oct 2019 21:47:58 +0000

Reporting on the exposure of some 26 million stolen credit cards leaked from a top underground cybercrime store highlighted some persistent and hard truths. Most notably, that the world’s largest financial institutions tend to have a much better idea of which merchants and bank cards have been breached than do the thousands of smaller banks and credit unions across the United States. Also, a great deal of cybercrime seems to be perpetrated by a relatively small number of people.

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