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[SecurityWeek] The Curious Case of the $600 Million Crypto Heist

All posts, Security Week

Cryptocurrency investors have been transfixed over the past few days by the antics of a mysterious hacker who stole more than $600 million — before giving some of it back. But is the thief a good samaritan who stole the money to expose a dangerous security flaw, or did they simply realize they were about […]

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[TheRecord] White House sees ‘sign’ in new ransomware group’s pledge

A senior White House official on Wednesday said remarks by a new Russia ransomware gang that it wouldn’t target U.S. critical infrastructure is a sign that the administration’s calls for the Kremlin to crack down on cybercriminals is working. In an interview with a Recorded Future analyst published by The Record, representatives from BlackMatter — […]

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[TheRecord] AvosLocker ransomware gang to auction the data of victims who don’t pay

The operators of the AvosLocker ransomware gang have updated their website to create a system through which they plan to auction off the data of hacked companies that refuse to pay ransom demands. The AvosLocker gang’s site —updated two weeks ago— introduces a twist on the classic ransomware double-extortion scheme. What is the double-extortion scheme? […]

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