Cybersecurity

Three Ukrainian indicted in the USA for international cybercrime activities

Three Ukrainian cybercriminals have been indicted by the US authorities for criminal hacking, the US Justice Dpt. announced yesterday. Dmytro Fedorov, 44, Fedir Hladyr, 33, and Andrii Kolpakov, 30, are accused of being members of the notorious cybercrime group FIN7, also known as the Carbanak Group and the Navigator Group. “Since at least 2015, FIN7 …

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Ukrainian hackers stole $50 million in bitcoins using ‘poison’ Google ads

A Ukrainian hacker group dubbed Coinhoarder has stolen more than $50 million in cryptocurrency from users of Blockchain.info, one of the most popular providers of digital currency wallets, according to a report published Wednesday by Cisco’s Talos cybersecurity team. Cisco has been investigating in the past six months in partnership with the Ukrainian Cyberpolice. According to …

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Two Ukrainians charged in the USA for alleged roles in giant online fraud organization

Last week the US Department of Justice announced the indictment of 36 individuals for their alleged roles in the Infraud Organization. This Internet-based cybercriminal enterprise was reportedly created by Svyatoslav Bondarenko, a Ukrainian citizen also knwn as “Obnon,” “Rector,” and “Helkern.” Another Ukrainian, Alexey Klimenko, has also been indicted, as well as people from a variety of other countries.

Petya strikes again Ukraine

Today a virus similar to Petya, which hit computers around the world in late June, infected computers of the Kyiv subway, a source told Front News International. The Odessa airport in Southern Ukraine and the news agencies Interfax and Fontanka in Russia also went offline in hacker attack. Earlier this month, October 13, the CERT-UA of the State Communications Service of …

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AVentures Capital invests in Spinbackup to “change the paradigm of data security”

AVentures Capital, a major early stage venture capital fund based in Ukraine, has just announced a $500,000 investment in Spinbackup, startup which has developed a cloud data protection technology. Based in California with R&D offices in Ukraine (Kyiv and Odessa), Spinbackup was co-founded in 2014 by Dmitry Dontsov, a US serial entrepreneur with Eastern European roots. The …

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Russian hackers used made-in-Ukraine malware for DNC cyberattack last year

A Ukrainian hacker known as ‘Profexer’ turned himself in early this year and has now become a witness for the FBI, The New York Times wrote today based on reports from the Ukrainian police. Profexer’s malware was allegedly involved in the DNC hacking during the US presidential campaign — which Washington believes was orchestrated by the Russian intelligence …

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Ukraine finally battens down its leaky cyber hatches after attacks

When the chief of Microsoft Ukraine switched jobs to work for President Petro Poroshenko, he found that everyone in the office used the same login password. It wasn’t the only symptom of lax IT security in a country suffering crippling cyber attacks. Today discipline is far tighter in the president’s office. But Ukraine – regarded …

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NATO allocates €1 million to support Ukraine’s cyber security

Last week the Ukrainian Security Service (SBU) announced the completion of the first phase of the NATO Trust Fund’s project on cyber defense for Ukraine. As a result of the first phase, specially-equipped centers have been created at SBU and the State Service of Special Communication and Information Protection of Ukraine to counter cyber threats.

Cyber attack paralyzes government computers, banks, infrastructure companies in Ukraine

Some of the biggest state-owned and private companies in Ukraine stopped functioning on the afternoon of June 27 due to what appears to be the biggest-ever ransomware attack in the country’s history. A new outbreak of ransomware known as Petya that has been active since spring 2016 hit computers across the globe, but Ukraine was …

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Ukrainian hacker sentenced by US court for “the largest known computer hacking and securities fraud scheme”

Yesterday Ukrainian hacker Vadym Iermolovych, 29, was sentenced to 30 months in prison by the US court after he was charged with “conspiracy to commit wire fraud, conspiracy to commit computer hacking, and aggravated identity theft” last year. In addition to the prison term, Iermolovych was sentenced to three years of supervised release and ordered …

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Ukrainian white hackers to support new Ukrainian-Turkish cybersecurity center

Earlier this month Ukrainian Defence Industry (“Ukroboronprom” in Ukrainian, an association of enterprises in the field of defence) has announced that it will launch a single center for cybersecurity with support from representatives of Turkish company Havelsan and Kyiv Polytechnic Institute. “We created the most advanced cyber security center in Turkey ten years ago. We …

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First cybercops graduate in Ukraine

They’re not robocops from the movies, but 84 graduates of a special four-month cyberpolice course, who on July 17 started serving in Kharkiv at a special police department devoted to online law enforcement and security. The 84 new cybercops include 20 special IT agents and 64 inspectors who will “ensure the online security of every …

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