Cybercrime, Cyberwar, Cybersecurity

Kaspersky Lab sues former employees in IP rights dispute

Moscow-based Kaspersky Lab, one of the world’s top cyber security vendors, has filed a lawsuit against Cybersecurity Solutions, a company founded by former employees now in dissolution, in an IP rights dispute. Kaspersky claims the company was founded in 2018 by some of its banking fraud prevention employees who were still working for Kaspersky at …

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Kaspersky Lab acquires stake in Russian cloud tech company NCT

Moscow-based Kaspersky Lab, one of the world’s top cyber security vendors, has announced the acquisition of a 29.5% stake in New Cloud Technologies (NCT), the Interfax news agency reported. Launched in 2013 — now with offices in Moscow, St. Petersburg and Innopolis (Tatarstan) — this company develops complex cloud solutions  for online mass storage and document processing. Its …

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US report exposes GPS spoofing in Russia and Syria

C4ADS, a Washington-based think tank dedicated to data-driven analysis of conflict and security issues worldwide, has released a report to “expose GPS spoofing in Russia and Syria.” Used for a variety of civil and military purposes, GPS and other global navigation satellite systems (GNSS) are vulnerable, remind the authors of the report: “By attacking positioning, …

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Washington Post: US Cyber Command attacked Russian “troll factory” on day of 2018 midterms

“The US military blocked Internet access to an infamous Russian entity seeking to sow discord among Americans during the 2018 midterms,” The Washington Post wrote today. The strike targeted the Internet Research Agency in St. Petersburg, a company controlled by Kremlin-connected catering tycoon Evgeny Prigozhin. It was “part of the first offensive cyber campaign against …

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In Russian supermarkets, consumers can settle purchases with their fingerprint

In what could be a world’s first, Azbuka Vkusa, a major grocery chain with more than 170 outlets across Russia, and its partner Sberbank, the state-owned banking giant, have launched what they call a “perfect fingerprint payment service.” The service is not entirely new: so far, the chain’s customers could use fingerprints to pay from …

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US media report: Kaspersky helped catch an alleged NSA data thief

Kaspersky Lab has been under fire over the past few years in the USA over concerns that it could provide its clients’ private — and at times secret — information to the Russian government. It turns out, however, that the Russian cybersecurity firm might have helped the National Security Agency (NSA) identify and arrest in …

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US charges six Russians, two Kazakhs in online ad fraud scheme

US prosecutors have indicted eight people, most of them Russian, for an alleged online fraud involving fake advertising that caused companies to lose tens of millions of dollars, the Justice Department announced late on November 27. In one alleged scheme that began in 2015, two of the accused operated a fake advertising network that used …

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Data leak affects thousands of wealthy Moscow residents

Thousands of wealthy Moscow residents who subscribed to a regional Internet provider have had personal data including names, home addresses and mobile numbers posted online. People affected by the data leak are all clients of Moscow-based internet provider Akado Telecom, a large telecommunications network owned by billionaire businessman Viktor Vekselberg, which said it had opened an …

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Russians attacked by mining viruses

Avast, a global leader in digital security solutions, has announced an increase in attempts to infect Russians’ browsers with so-called cryptojacking malware in September. In just a month, about 5.1 million such attacks were recorded in Russia, as confirmed by an Avast study. The study has revealed an interesting trend: the frequency of cryptojacking attacks …

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Group-IB teams up with Russian police to train cybersecurity officers

Last week Group-IB, a Moscow-based global company that prevents and investigates high-tech crime and fraud, and the Interior Ministry’s Management Academy announced they will work together to train highly qualified specialists for the police. Under the partnership agreement, the two sides will carry out joint research into the prevention, detection and investigation of cybercrime, and exchange information including …

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IT security startup Wallarm raises $8 million to continue its Russian-American success story

Wallarm, a cybersecurity startup with Russian roots, announced yesterday the completion of a $8 million round in California. The round was led by Toba Capital with participation from Partech Ventures and Gagarin Capital (which had invested in the company’s previous round) and Y Combinator (from which Wallarm graduated in 2016). “Given the growing sophistication of …

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How Ukrainian and Russian hackers turned stolen press releases into $100 million

At a Kiev nightclub in the spring of 2012, 24-year-old Ivan Turchynov made a fateful drunken boast to some fellow hackers. For years, Turchynov said, he’d been hacking unpublished press releases from business newswires and selling them, via Moscow-based middlemen, to stock traders for a cut of the sizable profits. Oleksandr Ieremenko, one of the …

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