Insights

Authorities in India today arrested the alleged co-founder of Garantex, a cryptocurrency exchange sanctioned by the U.S. government in 2022 for facilitating tens of billions of dollars in money laundering by transnational criminal and cybercriminal organizations. Sources close to the investigation told KrebsOnSecurity the Lithuanian national Aleksej Besciokov, 46, was apprehended while vacationing on the coast of India with his family. Aleksej Bešciokov, “proforg,” “iram”. Image: U.S. Secret Service. On March 7, the U.S. Department…

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At 49, Branden Spikes isn’t just one of the oldest technologists who has been involved in Elon Musk’s Department of Government Efficiency (DOGE). As the current director of information technology at X/Twitter and an early hire at PayPal, Zip2, Tesla and SpaceX, Spikes is also among Musk’s most loyal employees. Here’s a closer look at this trusted Musk lieutenant, whose Russian ex-wife was once married to Elon’s cousin. The profile of Branden Spikes on X.…

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One of the most notorious providers of abuse-friendly “bulletproof” web hosting for cybercriminals has started routing its operations through networks run by the Russian antivirus and security firm Kaspersky Lab, KrebsOnSecurity has learned. Security experts say the Russia-based service provider Prospero OOO (the triple O is the Russian version of “LLC”) has long been a persistent source of malicious software, botnet controllers, and a torrent of phishing websites. Last year, the French security firm Intrinsec…

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A U.S. Army soldier who pleaded guilty last week to leaking phone records for high-ranking U.S. government officials searched online for non-extradition countries and for an answer to the question “can hacking be treason?” prosecutors in the case said Wednesday. The government disclosed the details in a court motion to keep the defendant in custody until he is discharged from the military. One of several selfies on the Facebook page of Cameron Wagenius. Cameron John…

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One month into his second term, President Trump’s actions to shrink the government through mass layoffs, firings and withholding funds allocated by Congress have thrown federal cybersecurity and consumer protection programs into disarray. At the same time, agencies are battling an ongoing effort by the world’s richest man to wrest control over their networks and data. Image: Shutterstock. Greg Meland. The Trump administration has fired at least 130 employees at the federal government’s foremost cybersecurity…

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Carding — the underground business of stealing, selling and swiping stolen payment card data — has long been the dominion of Russia-based hackers. Happily, the broad deployment of more secure chip-based payment cards in the United States has weakened the carding market. But a flurry of innovation from cybercrime groups in China is breathing new life into the carding industry, by turning phished card data into mobile wallets that can be used online and at…

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