A Light at the End of Liberty Reserve’s Demise?

Credit to Author: BrianKrebs| Date: Fri, 14 Feb 2020 18:48:39 +0000

In May 2013, the U.S. Justice Department seized Liberty Reserve, alleging the virtual currency service acted as a $6 billion financial hub for the cybercrime world. Prompted by assurances that the government would one day afford Liberty Reserve users a chance to reclaim any funds seized as part of the takedown, KrebsOnSecurity filed a claim shortly thereafter to see if and when this process might take place. This week, an investigator with the U.S. Internal Revenue service finally got in touch to discuss my claim.

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U.S. Charges 4 Chinese Military Officers in 2017 Equifax Hack

Credit to Author: BrianKrebs| Date: Tue, 11 Feb 2020 03:25:52 +0000

The U.S. Justice Department today unsealed indictments against four Chinese officers of the People’s Liberation Army (PLA) accused of perpetrating the 2017 hack against consumer credit bureau Equifax that led to the theft of personal data on nearly 150 million Americans. DOJ officials said the four men were responsible for carrying out the largest theft of sensitive personal information by state-sponsored hackers ever recorded. 

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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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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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