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Russian Hacker “Wazawaka” Indicted for Ransomware

Krebs on Security

A Russian man identified by KrebsOnSecurity in January 2022 as a prolific and vocal member of several top ransomware groups was the subject of two indictments unsealed by the Justice Department today. And on April 26, 2021, Matveev and his Babuk gang allegedly deployed ransomware against the Metropolitan Police Department in Washington, D.C.

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Alleged Babuk Ransomware Hacker 'Wazawaka' Indicted in US

Data Breach Today

government says has been a key actor in Russian ransomware hacking faces federal criminal charges, economic sanctions and a $10 million reward for information leading to his arrest. Mikhail Matveev, aka Wazawaka, was a central figure of the Babuk ransomware-as-a-service gang.

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The Double-Edged Sword of Crypto in Ransomware

Data Breach Today

Hackers Treasure Crypto's Anonymity, Cybercrime Defenders its Traceability Ransomware hackers' favorite currency is cryptocurrency. But that dependency is also an opportunity for law enforcement to hit ransomware hackers in their most vulnerable spot. Digital assets transfer millions of dollars each year from victims to cybercriminals.

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Magniber Ransomware Group Exploiting Microsoft Zero Day

Data Breach Today

Microsoft Patches Another SmartScreen Signature-Based Vulnerability A financial motivated hacking group has been exploiting a now-patched zero-day vulnerability in the Windows operating system to deliver ransomware. Google Threat Analysis Group attributed the campaign to Magniber ransomware group.

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How Preparation and Strategy Can Be Used to Fight and Defeat Any Ransomware Attack

Speaker: Karl Camilleri, Cloud Services Product Manager at phoenixNAP

Did you know that 2021 was a record-breaking year for ransomware? Considering the possible impact and the increased threat vector, deploying efficient ransomware protection must remain a priority for organizations of all sizes. Ransomware growth trends and stats. The costs and impact of a ransomware attack.

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RA Group Using Babuk Ransomware Source Code in Fresh Attacks

Data Breach Today

New Ransomware Gang Attacked 4 US and Korean Organizations in April Security researchers say a new Babuk knockoff ransomware group emerged in April and has already claimed targets in the United States and South Korea.

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Government Sanctions: No Ransomware Please, We're British

Data Breach Today

UK Toughens Anti-Cybercrime Stance by Sanctioning Accused Operators for First Time As ransomware continues to disrupt British organizations, the U.K. Ransomware victims must conduct due diligence before paying any ransom, as violating sanctions carries severe penalties.

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Ransomware Prevention and Recovery

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