LockBit Ransomware Operation Shut Down; Criminals Arrested; Decryption Keys Released

The U.K. National Crime Agency (NCA) on Tuesday confirmed that it obtained LockBit's source code as well as a wealth of intelligence pertaining to its activities and their affiliates as part of a dedicated task force called Operation Cronos. "Some of the data on LockBit's systems belonged to victims who had paid a ransom to the threat actors, evidencing that even when a ransom is paid, it

29-Year-Old Ukrainian Cryptojacking Kingpin Arrested for Exploiting Cloud Services

A 29-year-old Ukrainian national has been arrested in connection with running a “sophisticated cryptojacking scheme,” netting them over $2 million (€1.8 million) in illicit profits. The person, described as the “mastermind” behind the operation, was apprehended in Mykolaiv, Ukraine, on January 9 by the National Police of Ukraine with support from Europol and an unnamed cloud service provider

Key Cybercriminals Behind Notorious Ransomware Families Arrested in Ukraine

A coordinated law enforcement operation has led to the arrest of key individuals in Ukraine who are alleged to be a part of several ransomware schemes. "On 21 November, 30 properties were searched in the regions of Kyiv, Cherkasy, Rivne, and Vinnytsia, resulting in the arrest of the 32-year-old ringleader," Europol said in a statement today. "Four of the ringleader's most active

Europol Dismantles Ragnar Locker Ransomware Infrastructure, Nabs Key Developer

Europol on Friday announced the takedown of the infrastructure associated with Ragnar Locker ransomware, alongside the arrest of a "key target" in France. "In an action carried out between 16 and 20 October, searches were conducted in Czechia, Spain, and Latvia," the agency said. "The main perpetrator, suspected of being a developer of the Ragnar group, has been brought in front of the examining

EncroChat Bust Leads to 6,558 Criminals' Arrests and €900 Million Seizure

Europol on Tuesday announced that the takedown of EncroChat in July 2020 led to 6,558 arrests worldwide and the seizure of €900 million in illicit criminal proceeds. The law enforcement agency said that a subsequent joint investigation initiated by French and Dutch authorities intercepted and analyzed over 115 million conversations that took place over the encrypted messaging platform between no

Authorities Shut Down ChipMixer Platform Tied to Crypto Laundering Scheme

A coalition of law enforcement agencies across Europe and the U.S. announced the takedown of ChipMixer, an unlicensed cryptocurrency mixer that began its operations in August 2017. "The ChipMixer software blocked the blockchain trail of the funds, making it attractive for cybercriminals looking to launder illegal proceeds from criminal activities such as drug trafficking, weapons trafficking,

International Law Enforcement Takes Down Infamous NetWire Cross-Platform RAT

A coordinated international law enforcement exercise has taken down the online infrastructure associated with a cross-platform remote access trojan (RAT) known as NetWire. Coinciding with the seizure of the sales website www.worldwiredlabs[.]com, a Croatian national who is suspected to be the website's administrator has been arrested. While the suspect's name was not released, investigative

Core Members of DoppelPaymer Ransomware Gang Targeted in Germany and Ukraine

Law enforcement authorities from Germany and Ukraine have targeted suspected core members of a cybercrime group that has been behind large-scale attacks using DoppelPaymer ransomware. The operation, which took place on February 28, 2023, was carried out with support from the Dutch National Police (Politie) and the U.S. Federal Bureau of Investigation (FBI), according to Europol. This encompassed

U.K. Police Arrest 142 in Global Crackdown on 'iSpoof' Phone Spoofing Service

A coordinated law enforcement effort has dismantled an online phone number spoofing service called iSpoof and arrested 142 individuals linked to the operation. The websites, ispoof[.]me and ispoof[.]cc, allowed the crooks to "impersonate trusted corporations or contacts to access sensitive information from victims," Europol said in a press statement. Worldwide losses exceeded €115 million ($

Europol Busts Phishing Gang Responsible for Millions in Losses

Europol on Tuesday announced the dismantling of an organized crime group that dabbled in phishing, fraud, scams, and money laundering activities. The cross-border operation, which involved law enforcement authorities from Belgium and the Netherlands, saw the arrests of nine individuals in the Dutch nation. The suspects are men between the ages of 25 and 36 from Amsterdam, Almere, Rotterdam, and

10 Most Prolific Banking Trojans Targeting Hundreds of Financial Apps with Over a Billion Users

10 of the most prolific mobile banking trojans have set their eyes on 639 financial applications that are available on the Google Play Store and have been cumulatively downloaded over 1.01 billion times. Some of the most targeted apps include Walmart-backed PhonePe, Binance, Cash App, Garanti BBVA Mobile, La Banque Postale, Ma Banque, Caf - Mon Compte, Postepay, and BBVA México. These apps alone