- As part of Europol’s ongoing cybercrime investigation, a third Romanian national was arrested on suspicion of hacking high-profile organizations and stealing large amounts of sensitive data. He is currently in custody.
- An unidentified 41-year-old man was arrested on Monday morning in Craiova, Romania following a joint investigation by the Romanian Directorate for the Investigation of Romanian Organized Crime and Terrorism (DIICOT) and the US Federal Bureau of Investigation (FBI). Although it is not known which ransomware gang the suspect belonged to, Romanian authorities arrested two associates of the Revil ransomware family a month ago, who are believed to have carried out less than 5,000 ransomware attacks and extortions at close range. $600,000 from the victims
- Those who participate in the subscription-based ransomware-as-a-service (RaaS) business model are required to hire tools and back-end infrastructure from core developers and launch their attacks against a list of potential targets.
- These actors usually operate on underground forums, where their wares are advertised to Russian-speaking users or English speakers with a Russian-speaking guarantor after checking their technical abilities.
- Affiliates also earn a substantial share of each successful ransom payment, anywhere between 65-90%, making it an increasingly successful and profitable venture for cybercriminals.
- Europol reports that the suspect targeted a large Romanian IT company that provided services for customers in the retail, energy, and utility sectors. Afterwards, the affiliate stole ransomware and data from the company’s local and international customers, before encrypting the files. Europol said in a statement that the stolen information includes financial information of companies and employee information. If his demands are not met, he will demand a large ransom payment in cryptocurrency and will threaten to leak the stolen data to cybercrime forums.
- 51 arrests for selling stolen data of 300 million people the GO Ukraine arrested 51 people for illegally possessing nearly 100 databases containing the personal information of more than 100 citizens Customers’ financial and commercial information, authorization data on email, social networks, and online retailers”.
- Authorities conducted 117 searches in different parts of the country as part of Operation Data” and shut down an unknown website that offered stolen data-such as
- cell phone numbers, names, and even vehicle registration numbers-for sale.” channels were blocked,”.
Sethi Lyapka, the head of the department of countering crimes in the field of computer systems, noted that the cost of the database ranged between 500 and 50,000 hryvnias(Approx:- Rs 1,40,500) – depending on its content and commercial value.”