Security Newsletter

8 Nov 2021

Europol: Seven REvil/GandCrab ransomware affiliates were arrested in 2021

Europol has announced today the arrests of seven suspects who worked as “affiliates” (partners) for a major ransomware cartel and have helped carry out more than 7,000 attacks since early 2019.

The suspects worked part of the REvil (Sodinokibi) and GandCrab Ransomware-as-a-Service (RaaS) operations. Both REvil and GandCrab, believed to be operated by the same individuals, created ransomware code that they offered to other cybercriminals for rent.

Europol says that since 2019, the seven suspects carried out attacks in which they collectively asked for more than €200 million ($230 million) in ransom demands.

 

The Booming Underground Market for Bots That Steal Your 2FA Codes

The call came from PayPal’s fraud prevention system. Someone had tried to use my PayPal account to spend $58.82, according to the automated voice on the line. PayPal needed to verify my identity to block the transfer.

“In order to secure your account, please enter the code we have sent your mobile device now,” the voice said. PayPal sometimes texts users a code in order to protect their account. After entering a string of six digits, the voice said, “Thank you, your account has been secured and this request has been blocked.”

But this call was actually from a hacker. The fraudster used a type of bot that drastically streamlines the process for hackers to trick victims into giving up their multi-factor authentication codes or one-time passwords (OTPs) for all sorts of services, letting them log in or authorize cash transfers.

 

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Kindred Group in brief

Kindred Group is one of the world’s leading online gambling operators with business across Europe, US and Australia, offering 30 million customers across 9 brands a great form of entertainment in a safe, fair and sustainable environment. The company, which employs about 1,600 people, is listed on Nasdaq Stockholm Large Cap and is a member of the European Gaming and Betting Association (EGBA) and founding member of IBIA (Sports Betting Integrity Association). Kindred Group is audited and certified by eCOGRA for compliance with the 2014 EU Recommendation on Consumer Protection and Responsible Gambling (2014/478/EU). Read more on www.kindredgroup.com.