Author Archives: BrianKrebs

How Cryptocurrency Turns to Cash in Russian Banks

December 11, 2024
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A financial firm registered in Canada has emerged as the payment processor for dozens of Russian cryptocurrency exchanges and websites hawking cybercrime services aimed at Russian-speaking customers, new research finds. Meanwhile, an investigation into the Vancouver street address used by this company shows it is home to dozens of foreign currency dealers, money transfer businesses, and cryptocurrency exchanges — none of which are physically located there.

Patch Tuesday, December 2024 Edition

December 10, 2024
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Microsoft today released updates to plug at least 70 security holes in Windows and Windows software, including one vulnerability that is already being exploited in active attacks. The zero-day seeing exploitation involves CVE-2024-49138, a security weakness in the Windows Common… Read More »

U.S. Offered $10M for Hacker Just Arrested by Russia

December 4, 2024
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In January 2022, KrebsOnSecurity identified a Russian man named Mikhail Matveev as “Wazawaka,” a cybercriminal who was deeply involved in the formation and operation of multiple ransomware groups. The U.S. government indicted Matveev as a top ransomware purveyor a year later, offering $10 million for information leading to his arrest. Last week, the Russian government reportedly arrested Matveev and charged him with creating malware used to extort companies.

Hacker in Snowflake Extortions May Be a U.S. Soldier

November 26, 2024
40 Comments

Two men have been arrested for allegedly stealing data from and extorting dozens of companies that used the cloud data storage company Snowflake, but a third suspect — a prolific hacker known as Kiberphant0m — remains at large and continues to publicly extort victims. However, this person’s identity may not remain a secret for long: A careful review of Kiberphant0m’s daily chats across multiple cybercrime personas suggests they are a U.S. Army soldier who is or was recently stationed in South Korea.

Feds Charge Five Men in ‘Scattered Spider’ Roundup

November 21, 2024
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Federal prosecutors in Los Angeles this week unsealed criminal charges against five men alleged to be members of a hacking group responsible for dozens of cyber intrusions at major U.S. technology companies between 2021 and 2023, including LastPass, MailChimp, Okta, T-Mobile and Twilio.

Fintech Giant Finastra Investigating Data Breach

November 19, 2024
15 Comments

The financial technology firm Finastra is investigating the alleged large-scale theft of information from its internal file transfer platform, KrebsOnSecurity has learned. Finastra, which provides software and services to 45 of the world’s top 50 banks, notified customers of a potential breach after a cybercriminal began selling more than 400 gigabytes of data purportedly stolen from the company. 

An Interview With the Target & Home Depot Hacker

November 14, 2024
21 Comments

In December 2023, KrebsOnSecurity revealed the real-life identity of Rescator, the nickname used by a Russian cybercriminal who sold more than 100 million payment cards stolen from Target and Home Depot between 2013 and 2014. Moscow resident Mikhail Shefel, who confirmed using the Rescator identity in a recent interview, also admitted reaching out because he is broke and seeking publicity for several new money making schemes.

Microsoft Patch Tuesday, November 2024 Edition

November 12, 2024
6 Comments

Microsoft today released updates to plug at least 89 security holes in its Windows operating systems and other software. November’s patch batch includes fixes for two zero-day vulnerabilities that are already being exploited by attackers, as well as two other flaws that were publicly disclosed prior to today.

FBI: Spike in Hacked Police Emails, Fake Subpoenas

November 9, 2024
20 Comments

The Federal Bureau of Investigation (FBI) is urging police departments and governments worldwide to beef up security around their email systems, citing a recent increase in cybercriminal services that use hacked police email accounts to send unauthorized subpoenas and customer data requests to U.S.-based technology companies.