16/10/2021

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Not just any technology

Ukrainian police arrest hacker who allegedly caused $200m damage to global firms – Security

Ukrainian law enforcement reported they experienced arrested a 25-year-old man who allegedly hacked much more than a hundred foreign corporations and prompted hurt worthy of much more than US$150 million (A$200 million).

The hacker, who was not recognized, used phishing attacks and hijacked computer software that will allow personal computers to be accessed remotely, a law enforcement assertion reported.

The victims included “entire world-renowned power and tourism corporations”, it extra.

The hacker was caught with the assist of regulation enforcement officers from the United States, France, Europol and Interpol.

Police performed lookups at the households of the defendant and his kinfolk.

“As a end result, computer gear, mobile phones, vehicles and much more than 360 thousand dollars in cash were seized.

“In addition, US$one.three million was blocked on the attacker’s cryptocurrencies,” the law enforcement reported.

Europol reported in a independent assertion that “two prolific ransomware operators regarded for their extortionate ransom demands” were arrested in coordinated raids.

“The organised criminal offense team is suspected of having fully commited a string of focused attacks from extremely substantial industrial teams in Europe and North The usa from April 2020 onwards,” Europol reported.

“The criminals would deploy malware and steal sensitive info from these corporations, right before encrypting their data files.

“They would then carry on to offer a decryption key in return for a ransom payment of a number of millions of euros, threatening to leak the stolen info on the darkish world-wide-web should their demands not be satisfied.”