Evgeniy Mikhailovich Bogachev

November 18, 2019

Why Were the Russians So Set Against This Hacker Being Extradited?

This post was originally published on this siteThe Russian government has for the past four years been fighting to keep 29-year-old alleged cybercriminal Alexei Burkov from being extradited by Israel to the United States. When Israeli authorities turned down requests to send him back to Russia — supposedly to face separate hacking charges there — the Russians then imprisoned an Israeli woman for seven years on trumped-up drug charges in a bid to trade prisoners. That effort failed as well, and Burkov had his first appearance in a U.S. court last week. What follows are some clues that might explain why […]
December 16, 2019

Inside ‘Evil Corp,’ a $100M Cybercrime Menace

This post was originally published on this siteThe U.S. Justice Department this month offered a $5 million bounty for information leading to the arrest and conviction of a Russian man indicted for allegedly orchestrating a vast, international cybercrime network that called itself “Evil Corp” and stole roughly $100 million from businesses and consumers. As it happens, for several years KrebsOnSecurity closely monitored the day-to-day communications and activities of the accused and his accomplices. What follows is an insider’s look at the back-end operations of this gang. Image: FBI The $5 million reward is being offered for 32 year-old Maksim V. Yakubets, […]
October 1, 2020

Ransomware Victims That Pay Up Could Incur Steep Fines from Uncle Sam

This post was originally published on this siteCompanies victimized by ransomware and firms that facilitate negotiations with ransomware extortionists could face steep fines from the U.S. federal government if the crooks who profit from the attack are already under economic sanctions, the Treasury Department warned today. Image: Shutterstock In its advisory (PDF), the Treasury’s Office of Foreign Assets Control (OFAC) said “companies that facilitate ransomware payments to cyber actors on behalf of victims, including financial institutions, cyber insurance firms, and companies involved in digital forensics and incident response, not only encourage future ransomware payment demands but also may risk violating […]
August 5, 2021

Ransomware Gangs and the Name Game Distraction

This post was originally published on this siteIt’s nice when ransomware gangs have their bitcoin stolen, malware servers shut down, or are otherwise forced to disband. We hang on to these occasional victories because history tells us that most ransomware moneymaking collectives don’t go away so much as reinvent themselves under a new name, with new rules, targets and weaponry. Indeed, some of the most destructive and costly ransomware groups are now in their third incarnation. A rough timeline of major ransomware operations and their reputed links over time. Reinvention is a basic survival skill in the cybercrime business. Among […]