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12/01/2021
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WorkScoop
U.S. officials offer a small update on ransom-related cryptocurrency seizures. A mobile scammer is headed to prison. And a warning from a Senate hearing. This is CyberScoop for December 1, 2021.

FBI seized $2.3 million in cryptocurrency from REvil ransomware affiliate

The FBI in August seized approximately $2.3 million worth of cryptocurrency from a hacker affiliated with the REvil ransomware gang, according to a court filing unsealed Tuesday. The money seized was derived from payments to ransomware attacks involving REvil malware between April 2019 and June 2021 in the U.S. and elsewhere. REvil affiliates generated some $200 million during that time from in ransom payments, according to the FBI. The attacks were allegedly carried out by Aleksandr Sikerin, who is charged with multiple counts of conspiracy and money laundering. Tonya Riley looks closer.


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SIM-hijacker from 'The Community' sentenced

The sixth and final member of a gang responsible for millions of dollars' worth of cryptocurrency thefts in a SIM hijacking scheme was sentenced to prison Tuesday. Garrett Endicott, 22, and five others — known collectively as "The Community" — were indicted in 2019 and charged with wire fraud and aggravated identify theft in an operation that netted millions worth of cryptocurrency from various victims. AJ Vicens reports.


Expert warns over foreign influence in Senate FedRAMP hearing

A witness testifying at a Senate committee hearing over proposed FedRAMP reforms raised concerns Tuesday over foreign influence and called for stricter transparency requirements for third-party assessor organizations. Jeff Stern, CEO of cybersecurity firm Chain Security, called for an expansion of the definition of system security boundaries and said his company had identified at least one case where a third-party assessment organization was owned by a foreign entity. Under the FedRAMP program, technology companies must engage a third-party assessor to inspect their cloud services before selling products to federal agencies.  John Hewitt Jones has more at FedScoop.


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