The State Department also announced financial rewards totaling up to $6 million for information leading to the arrest or conviction of Garantex’s leaders.

The vendor ruled out a zero-day vulnerability as the root cause, disputing initial assessments from third-party researchers. Fewer than 40 organizations have been impacted since mid-July.

The Department of Homeland Security said the Russian cybercrime collective received at least $370 million in ransom payments, based on current cryptocurrency valuations.

About 20 organizations have been impacted and the pace of attacks is rising. Threat researchers and SonicWall are scrambling to determine the root cause.

The Russian cybercrime group attacked more than 180 organizations before members abandoned the brand and dispersed to new ransomware groups earlier this year.

Unit 42 said social engineering — the method of choice for groups as diverse as Scattered Spider and North Korean tech workers — was the top initial…

Officials said thousands of people, typically between 11 and 25 years old, are engaged in a growing and evolving online threat to commit crime for money, retaliation,…

The Departments of Energy, Homeland Security and Health and Human Services have been impacted.

Officials accuse the unnamed suspect of running XSS.is, a key and long-running marketplace with more than 50,000 registered users. The suspect allegedly made more than $8.2 million.

Private companies would also have to report to the government if they plan to pay off cybercriminals.