Tag Archives: Group-IB

‘ValidCC,’ a Major Payment Card Bazaar and Looter of E-Commerce Sites, Shuttered

February 2, 2021

ValidCC, a dark web bazaar run by a cybercrime group that for more than six years hacked online merchants and sold stolen payment card data, abruptly closed up shop last week. The proprietors of the popular store said their servers were seized as part of a coordinated law enforcement operation designed to disconnect and confiscate its infrastructure.

‘Petya’ Ransomware Outbreak Goes Global

June 27, 2017

A new strain of ransomware dubbed “Petya” is worming its way around the world with alarming speed. The malware appears to be spreading using a vulnerability in Microsoft Windows that the software giant patched in March 2017 — the same bug that was exploited by the recent and prolific WannaCry ransomware strain.

‘Blackhole’ Exploit Kit Author Gets 7 Years

April 14, 2016

A Moscow court this week convicted and sentenced seven hackers for breaking into countless online bank accounts — including “Paunch,” the nickname used by the author of the infamous “Blackhole” exploit kit. Once an extremely popular crimeware-as-a-service offering, Blackhole was for several years responsible for a large percentage of malware infections and stolen banking credentials, and likely contributed to tens of millions of dollars stolen from small to mid-sized businesses over several years.

The Great Bank Heist, or Death by 1,000 Cuts?

February 16, 2015

I received a number of media requests and emails from readers over the weekend to comment on a front-page New York Times story about an organized gang of cybercriminals pulling off “one of the largest bank heists ever.” Turns out, I reported on this gang’s activities in December 2014, although my story ran minus many of the superlatives in the Times piece.

Gang Hacked ATMs from Inside Banks

December 22, 2014

An organized gang of hackers from Russia and Ukraine has broken into internal networks at dozens of financial institutions and installed malicious software that allowed the gang to drain bank ATMs of cash. While none of the victim institutions were in the United States or Western Europe, experts say the stealthy methods used by the attackers in these heists would likely work across a broad range of western banks.

Seleznev Arrest Explains ‘2Pac’ Downtime

October 15, 2014

The U.S. Justice Department has piled on more charges against alleged cybercrime kingpin Roman Seleznev, a Russian national who made headlines in July when it emerged that he’d been whisked away to Guam by U.S. federal agents while vacationing in the Maldives. The additional charges against Seleznev may help explain the extended downtime at an extremely popular credit card fraud shop in the cybercrime underground.

A First Look at the Target Intrusion, Malware

January 15, 2014

Last weekend, Target finally disclosed at least one cause of the massive data breach that exposed personal and financial information on more than 110 million customers: Malicious software that infected point-of-sale systems at Target checkout counters. Today’s post includes new information about the malware apparently used in the attack, according to two sources with knowledge of the matter.

Meet Paunch: The Accused Author of the BlackHole Exploit Kit

December 6, 2013

In early October, news leaked out of Russia that authorities there had arrested and charged the malware kingpin known as “Paunch,” the alleged creator and distributor of the Blackhole exploit kit. Today, Russian police and computer security experts released additional details about this individual, revealing a much more vivid picture of the cybercrime underworld today.

Experts Warn of Zero-Day Exploit for Adobe Reader

November 7, 2012

Software vendor Adobe says it is investigating claims that instructions for exploiting a previously unknown critical security hole in the latest versions of its widely-used PDF Reader software are being sold in the cybercriminal underground.

The finding comes from malware analysts at Moscow-based forensics firm Group-IB, who say they’ve discovered that a new exploit capable of compromising the security of computers running Adobe X and XI (Adobe Reader 10 and 11) is being sold in the underground for up to $50,000. This is significant because — beginning with Reader X– Adobe introduced a “sandbox” feature aimed at blocking the exploitation of previously unidentified security holes in its software, and so far that protection has held its ground.