Cyber Attacks

How North Korea Hacked ByBit Crypto Worth $1.5 Billion

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Safe{Wallet} has revealed that the $1.5 billion Bybit cryptocurrency theft was a highly sophisticated, state-sponsored attack, allegedly carried out by North Korean cybercriminals. The hacking group, known as TraderTraitor (also called Jade Sleet, PUKCHONG, and UNC4899), reportedly took extensive measures to erase evidence and hinder investigations. To investigate the breach, Safe{Wallet} enlisted Google Cloud Mandiant, […]

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Six Governments Likely Using Isreali Spyware to Hack Whatsapp

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A recent investigation by The Citizen Lab has identified the governments of Australia, Canada, Cyprus, Denmark, Israel, and Singapore as potential users of Graphite, a powerful spyware developed by Israeli company Paragon Solutions. Paragon, founded in 2019 by Ehud Barak and Ehud Schneorson, created Graphite to extract sensitive data from messaging apps. Researchers linked the

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Russian Airstrikes Recruit Ukrainian Children for Cyber Operations and Reconnaissance

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The Ukrainian Security Service (SBU or SSU) has revealed a new spying operation that is believed to be carried out by Russia’s Federal Security Service (FSB) and entails enlisting Ukrainian children for illegal purposes under the pretence of “quest games.” According to law enforcement officials, it arrested two groups of FSB agents after conducting a

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Nigerian National Extradited to the U.S. for BEC Scheme

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Abiola Kayode, 37, of Nigeria, was extradited by the Department of Justice (DoJ) to face charges for allegedly taking part in a business email compromise (BEC) operation that defrauded companies out of over $6 million between January 2015 and September 2016. “Kayode’s co-conspirators posed as the chief executive officer, president, owner, or other executive of

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Gorilla Botnet Launches Over 300,000 DDoS Attacks Across 100 Countries

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Researchers studying cybersecurity have uncovered a new type of botnet malware known as Gorilla (also known as GorillaBot), which takes its cues from the publicly available source code for the Mirai botnet. According to the cybersecurity company NSFOCUS, which discovered the activities last month, between September 4 and September 27, 2024, the botnet “issued over

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Singapore Police Arrest Six Hackers Linked to Global Cybercrime Syndicate

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Five Chinese nationals and one Singaporean man have been taken into custody by the Singapore Police Force (SPF) on suspicion of engaging in illegal cyber activity within the nation. This is the result of numerous simultaneous raids carried out by over 160 law enforcement officers at several sites on September 9, 2024. The six males,

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U.S. Releases Russian Hackers in Diplomatic Prisoner Exchange

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In an unprecedented prisoner swap involving Belarus, Germany, Norway, Russia, Slovenia, and the United States, two Russian individuals serving sentences related to cybercrime have been released and returned to their home nation. This includes Vladislav Klyushin and Roman Valerevich Seleznev, two of the eight individuals who were transferred back to Russia in exchange for the

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INTERPOL Recovers $41 Million From Singapore BEC Scam

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According to INTERPOL, it created a “global stop-payment mechanism” that made it possible to retrieve the most amount of money ever stolen in a business email compromise (BEC) scam. This event follows the mid-July 2024 BEC scam victimisation of an unidentified Singaporean commodities firm. It is a kind of cybercrime in which a malevolent actor

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WazirX Cryptocurrency Exchange Loses $230 Million in Cyber Attack

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The Indian cryptocurrency exchange WazirX has acknowledged that $230 million worth of bitcoin assets were stolen as a result of a security incident that affected it. The corporation released a statement stating that “a cyber attack occurred in one of our [multi-signature] wallets involving a loss of funds exceeding $230 million.” “This wallet was operated

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