criminal gangs News

A Sign of Ransomware Growth: Gangs Now Arbitrate Disputes

RICHMOND, Va. (AP) — Cyber criminal gangs are getting increasingly adept at hacking and becoming more professional, even setting up an arbitration system to resolve payment disputes among themselves, according to a new report by the United States, Australia and …

White House Blacklists Russian Ransomware Payment ‘Enabler’

WASHINGTON (AP) — The Biden administration sought Tuesday to choke the finances of criminal ransomware gangs, announcing sanctions against a Russia-based virtual currency brokerage that officials say helped at least eight ransomware gangs launder virtual currency. The Treasury Department sanctions …

Global Sting: Secure FBI-Run Messaging Network Tricks Crooks

THE HAGUE, Netherlands (AP) — Criminal gangs divulged plans for moving drug shipments and carrying out killings on a secure messaging system secretly run by the FBI, law enforcement agencies said Tuesday, as they unveiled a global sting operation they …

Global War on Ransomware? Hurdles Hinder the US Response

RICHMOND, Va. (AP) — Foreign keyboard criminals with scant fear of repercussions have paralyzed U.S. schools and hospitals, leaked highly sensitive police files, triggered fuel shortages and, most recently, threatened global food supply chains. The escalating havoc caused by ransomware …