Russian cybercriminals are finding it hard to make a living

As the United States, along with its allies, imposed sanctions on Russia for waging a war on Ukraine, information is out that cybercriminals operating in the Putin-led nation are finding it hard to make a living.

All these days, cyber crooks were seen duping the public by posting scam-related ads on Facebook, Instagram, and Twitter. But with the sanctions in place, the technology companies have blocked access to their services to all IP addresses trying to access their services from the Russian federation.

Some hackers were seen sending phishing emails by spoofing reputed bank web portal pages. But their prospective targets are not falling prey to their email scams as most of the service providers, such as Yahoo and Google, have blocked all such efforts at the roots.

Black Mamba a reputed hacking group’s name on the dark web, acting as a mediator to many cyber scams is also facing a lot of trouble in fetching money from previous scams, as most of their money laundering mules have withdrawn support, as soon as Biden pulled out SWIFT banking support to Ruble, the official currency of Russia.

So, even if the hacking groups, such as those spreading ransomware, launch digital attacks, it will become hard for those criminals to mint money from their targets. Even if they take the help of blockchain transactions in cryptocurrency- as every exchange is being tracked by The Photon Research Team, an international cyber arm of professionals working for UK and US governments and assigned to defend the business communities across the world.

Russia issued an official statement that the United States was showing cyber aggression by launching thousands of cyber attacks on the country’s critical infrastructure- mainly those operating in Moscow.

The foreign ministry said that Kyiv’s western sponsors were trying to break into their infrastructure for the past few days. But all their efforts were identified and blocked on time.

And if it continues, then Kremlin has issued a serious warning that it will be forced to indulge in similar tactics leading to serious consequences.


Naveen Goud
Naveen Goud is a writer at Cybersecurity Insiders covering topics such as Mergers & Acquisitions, Startups, Cyber Attacks, Cloud Security and Mobile Security

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