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ALL POSTS
Crypto Crackdown: $28M Seized in Swiss Cryptomixer Takedown
Key Findings Authorities seized the Cryptomixer cryptocurrency mixing service, seizing $28 million in Bitcoin and disrupting a platform used by cybercriminals to launder over $1.5 billion since 2016. The operation, part of "Operation Olympia," involved coordinated efforts by Europol, Eurojust, and law enforcement agencies from Germany and Switzerland. Cryptomixer, accessible on the clear and dark web, used pooling and randomized withdrawal methods to obscure the origins of fu
Dec 1, 20252 min read
Coordinated Crackdown: Five Eyes Target Bulletproof Hosting Providers Enabling Ransomware Operations
Key Findings The U.S. Treasury Department, along with officials from the U.K. and Australia, imposed sanctions on two Russian bulletproof hosting providers and their key personnel. The targeted providers, Media Land and its subsidiaries, are accused of supporting ransomware operations and other cybercrime activities. The sanctions also targeted individuals and companies that helped the previously sanctioned Aeza Group evade sanctions and reconstitute their operations. Cybercr
Nov 20, 20252 min read
SpyCloud Unveils Top 10 Cybersecurity Predictions Poised to Disrupt Identity Security in 2027
Key Findings The cybercriminal supply chain continues to transform, with new specialized roles emerging to enable cybercrime at scale. Threat actor communities will fragment, evolve, and get younger, with an influx of teen cybercriminals using plug-and-play attack kits. The non-human identity (NHI) explosion will fuel hidden risks, as machine credentials proliferate across cloud environments with less protection than human-based credentials. Insider threats will be fueled by
Nov 18, 20253 min read
Helping North Korean IT Workers Infiltrate US Firms
Key Findings: Five individuals have pleaded guilty to assisting North Korea's illicit revenue generation schemes by enabling information technology (IT) worker fraud in violation of international sanctions. The five defendants are Audricus Phagnasay, Jason Salazar, Alexander Paul Travis, Oleksandr Didenko, and Erick Ntekereze Prince. The defendants facilitated the use of stolen U.S. identities by North Korean IT workers to secure jobs at American firms, hosted company-issued
Nov 15, 20252 min read
Operation Endgame Targets Rhadamanthys, VenomRAT, and Elysium Malware, Seizing 1025 Servers
Key Findings Operation Endgame, a global law enforcement operation, has taken down the core systems of three major online crime groups, including the Rhadamanthys infostealer, the VenomRAT remote control tool, and the Elysium botnet. The operation was coordinated by Europol and Eurojust, with the participation of law enforcement and judicial authorities from 11 countries, including Australia, Belgium, Canada, Denmark, France, Germany, Greece, Lithuania, the Netherlands, the U
Nov 13, 20252 min read
'U.S. Imposes Sanctions on North Korean Entities for Cryptocurrency Laundering and IT Fraud'
Background The U.S. Treasury Department on Tuesday imposed sanctions against eight individuals and two entities within North Korea's global financial network. The sanctions are for laundering money for various illicit schemes, including cybercrime and information technology (IT) worker fraud. The Treasury stated that "North Korean state-sponsored hackers steal and launder money to fund the regime's nuclear weapons program." Sanctioned Individuals and Entities Jang Kuk Chol (J
Nov 5, 20252 min read
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