[ad_1] A recent incident involving the GreedyBear hacking group offers a cautionary tale about the vulnerabilities lurking in crypto wallets, especially in a world where digital assets are becoming a prime target. In this post, we explore the shocking details surrounding the hack, unpack the lessons we’ve learned, and highlight essential security measures that enterprises...Read More
[ad_1] It seems that in this ever-evolving landscape of digital assets, ransomware groups like Embargo are finding ways to capitalize on the chaos. With a staggering $34 million collected in crypto ransoms, this particular group is a case study in the new frontier of cybercrime. Let’s take a closer look at what banning ransom payments...Read More
[ad_1] The police authorities on Sunday said the Force has secured the conviction of 21 foreign nationals linked to a cybercrime syndicate uncovered in Abuja in November 2024. Force spokesman, Muyiwa Adejobi, disclosed this in a statement. He said the syndicate was exposed following a coordinated raid on November 3, 2024, at a building...Read More
[ad_1] A relatively new ransomware group known as Embargo has become a key player in the cybercrime underground, moving over $34 million in crypto-linked ransom payments since April 2024. Operating under a ransomware-as-a-service (RaaS) model, Embargo has hit critical infrastructure across the United States, with targets including hospitals and pharmaceutical networks, according to blockchain intelligence...Read More
[ad_1] THE Philippine National Police Anti-Cybercrime Group (PNP-ACG) arrested 26 individuals for various violations of the cybercrime law during operations from Aug. 3 to 9. ACG director BGen. Bernard Yang said that of those arrested, 18 were caught in entrapment operations, while eight were wanted persons tracked down in separate anti-cybercrime efforts. One victim was...Read More
[ad_1] TERRE HAUTE, Ind. (WTWO/WAWV) — School is back in session around the Wabash Valley, but it’s not just teachers and students whose routines will be changed. In the mornings and afternoons, many residents will encounter school buses. Local law enforcement organizations want to remind you to slow down while driving, remove any distractions, and...Read More
[ad_1] The rise of generative AI and large language models has drastically shifted the cybersecurity landscape, empowering attackers with easy-to-use tools that can create realistic video and voice deepfakes, personalized phishing campaigns, and malware and malicious code. That has opened the door for AI on the defense as well. As agentic AI becomes more deeply embedded...Read More
[ad_1] Here’s an overview of some of last week’s most interesting news, articles, interviews and videos: Black Hat USA 2025Black Hat USA 2025 took place at the Mandalay Bay Convention Center in Las Vegas. Explore related news, photos, product releases, and more. AIBOMs are the new SBOMs: The missing link in AI risk managementIn this...Read More
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[ad_1] – Ransomware group Embargo has extorted $34M via crypto since April 2024, targeting U.S. healthcare and critical infrastructure with $1.3M ransom demands. – Operating as ransomware-as-a-service (RaaS), Embargo employs double-extortion tactics and shares infrastructure with suspected predecessor BlackCat (ALPHV). – $18.8M in dormant wallets and laundering through high-risk exchanges highlight Embargo’s evasion strategies amid...Read More
