Man Bought Lamborghini With PPP Loan, Prosecutors Say

Man Bought Lamborghini With PPP Loan, Prosecutors Say

A man in California who received more than $5 million in Payment Protection Program loans intended to help struggling businesses during the coronavirus pandemic was arrested on Friday on federal bank fraud and other charges after he used the money to buy a Lamborghini and other luxury cars, federal prosecutors said. The man, Mustafa Qadiri,…

Colonial Pipeline scrambles to restart network after DarkSide cyberattack

Colonial Pipeline scrambles to restart network after DarkSide cyberattack

The Russian criminal gang known as DarkSide that is behind the attack that shut down Colonial Pipeline have  claimed their only goal is to ‘make money’ and not cause chaos – as experts warn gas prices could surge past $3 a gallon if America’s largest fuel pipeline remains down.     The FBI confirmed on Monday that…

State AGs tell Facebook to scrap Instagram for kids plans – TechCrunch

State AGs tell Facebook to scrap Instagram for kids plans – TechCrunch

In a new letter, attorneys general representing 44 U.S. states and territories are pressuring Facebook to walk away from new plans to open Instagram to children. The company is working on an age-gated version of Instagram for kids under the age of 13 that would lure in young users who are currently not permitted to…

Malspam Campaign Used Hancitor to Download Cuba Ransomware

Malspam Campaign Used Hancitor to Download Cuba Ransomware

Cybercrime , Cybercrime as-a-service , Email Security & Protection Attackers Co-Opted Malware for Data Exfiltration and Ransom, Group-IB Finds Akshaya Asokan (asokan_akshaya) • May 8, 2021     Attackers co-opted the Hancitor malware downloader and recently used it to deliver Cuba ransomware as part of an email spam campaign for data exfiltration and ransom extortion,…

Bulletproof hosting admins plead guilty to running cybercrime safe haven

Bulletproof hosting admins plead guilty to running cybercrime safe haven

Four individuals from Eastern Europe face 20 years in prison for Racketeer Influenced Corrupt Organization (RICO) charges after pleading guilty to running a bulletproof hosting service as a safe haven for cybercrime operations targeting US entities. The bulletproof hosting service was founded by Russian citizens Aleksandr Grichishkin and Andrei Skvortsov, who hired Lithuanian Aleksandr Skorodumov…

Apple AirTag Hacked, Says Security Researcher Who Found Loopholes to Modify Firmware

Apple AirTag Hacked, Says Security Researcher Who Found Loopholes to Modify Firmware

Apple AirTag, the Bluetooth tracker that was unveiled last month to let people find their lost items, is claimed to have some security loopholes that could allow hackers to modify its firmware. A security researcher has demonstrated the loopholes by hacking the AirTag using reverse engineering. The researcher claimed on Twitter that he was able…

US government working to aid top fuel pipeline operator after cyberattack – EURACTIV.com

US government working to aid top fuel pipeline operator after cyberattack – EURACTIV.com

The White House was working closely with top US fuel pipeline operator Colonial Pipeline on Sunday (9 May) to help it recover from a ransomware attack that forced the company to shut a critical fuel network supplying populous eastern states. The attack is one of the most disruptive digital ransom schemes reported and has prompted…

US cracks down on ‘bulletproof hosting’ admins that enabled malware attacks

US cracks down on ‘bulletproof hosting’ admins that enabled malware attacks

Four individuals behind a “bulletproof hosting” site have pleaded guilty to US racketeering charges, the Department of Justice (DoJ) has announced. The service, designed to accommodate criminal activities and help clients evade detection, was founded by Russians Aleksandr Grichishkin and Andrei Skvortsov. The other two parties are Lithuanian Aleksandr Skorodumov and Estonian Pavel Stassi, who…

Biden Plans Order to Strengthen U.S. Cyberattack Defenses

Biden Plans Order to Strengthen U.S. Cyberattack Defenses

Last month, top executives from Amazon, Microsoft, Cisco, FireEye and dozens of other firms joined the Justice Department in delivering an 81-page report calling for an international coalition to combat ransomware. Leading the effort inside the Justice Department are Lisa Monaco, the deputy attorney general, and John Carlin, who led the agency’s national security division…

Cyberattack on U.S. pipeline is linked to criminal gang

Cyberattack on U.S. pipeline is linked to criminal gang

WASHINGTON — The federal government is working with the Georgia-based company that shut down a major pipeline transporting fuel across the East Coast after a ransomware attack, the White House says. The government is planning for various scenarios and working with state and local authorities on measures to mitigate any potential supply issues, officials said…