Cybercrime, Cyberwar, Cybersecurity

FSB to forge IT shield against global cyber-attacks

Russian President Vladimir Putin decreed last week the creation of a government system capable of anticipating, preventing, and assisting in  the aftermath of cyber-attacks on national IT resources. The Federal Security Service (FSB), the post-Soviet successor of the KGB, will be responsible for the project. In addition to warding off cyber-raids, the prospective system is …

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Kaspersky Lab reveals international cyberspies

Kaspersky Lab has identified an elusive cyber espionage network that targets diplomatic, governmental and scientific research organizations in several countries, a company statement revealed. The network has been christened Red October, and there is a chance that the malware may have its origins in a Russian-speaking country. Cybercriminals focusing on Russia, the former Soviet Union, Eastern …

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Leta Group launches venture fund, announces Displair as first investment

Last week, Leta Group, a prominent Russian IT security holding, announced  the launch of ‘Leta GIV,’ its corporate venture arm, along with its first investment – interactive air screen maker Displair. “Generating projects internally is not enough to seize the opportunities offered by Russia’s booming innovation environment, so we decided to create this dedicated vehicle,” …

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Russian-speaking hackers lead global cybercrime

Group-IB, a leading Russian cybercrime investigation company, has just published its 2011 report on the “State and trends of the ‘Russian’ digital crime market.” Russian-speaking hackers – both from Russia and abroad – generated more than one third of the global cybercrime value: they earned an estimated $4.5 billion out of a global “cybercrime market” …

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Russia’s Roman Andreev wins first place and $5,000 in Facebook’s Hackers Cup

Facebook’s 2nd annual Hacker Cup competition, held at the company’s headquarters in Menlo Park, California, witnessed 25 of the world’s best hackers gather for an intense competition. Roman Andreev of Russia took top prize by correctly completing a problem in 1 hour and 4 minutes, one minute ahead of the second place winner. Andreev received …

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Runa Capital invests in US website security startup StopTheHacker

SaaS website security services provider StopTheHacker announced earlier this week that it received $1.1 million in initial funding from public and private investors including Runa Capital, a Russian early-stage venture capital firm, and Brian NeSmith, former CEO of Bluecoat. StopTheHacker’s proprietary, patent-pending technology helps solve web-scale security problems involving malware on websites, hacker attacks and other types …

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Report: Russia still a threat to global cyber-security, but less exposed to attacks

Russia is perceived as a threat to global cyber-security, says a report on worldwide technology safety released earlier this week by the Brussels-based Security & Defence Agenda (SDA). According to experts surveyed for “Cyber-security: The vexed question of global rules,” Russia remains “a thug state with great hackers.” The report cites Vitaly Kamluk of the …

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How a Russian cyber gang created Facebook’s most famous worm

Koobface (the name is an anagram of Facebook), the most famous worm in Facebook’s history, has attracted public attention once again after the social network’s security service announced earlier this month that they were going to reveal the names and photos of criminals behind the malware.

Microsoft accuses Russian engineer of creating Kelihos botnet

Earlier this week, Microsoft’s Digital Crimes Unit, made the findings of its Kelihos botnet investigation public, accusing Andrey Sabelnikov, a Russian engineer from St Petersburg, of having created the bot code and conducted the operation. In the original complaint filed with the U.S. District Court for the Eastern District of Virginia in September, Microsoft alleged …

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Vrublevsky freed after 6 months in jail

Pavel Vrublevsky was released last week after spending 6 months in Lefortovo prison in Moscow, following his arrest in June of 2011 for organizing a distributed denial-of-service (DDoS) attack on the website of Assist, a competitor of his company, Chronopay. A leading Russian online payment processing company, Chronopay processes almost half of all Visa and …

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