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CyberWire Daily

Hackers in handcuffs.

Dec 13, 2024
Tim Starks, a senior reporter at CyberScoop, dives into the latest upheavals in cybersecurity. He sheds light on the dismantling of the Rydox criminal marketplace and a notable ransomware payment by a Japanese media giant. The discussion also covers the FCC's bold proposal for cybersecurity linked to wiretapping laws and the significance of recent indictments of North Korean nationals. Plus, Starks explores the rising threats from nation-state actor malware targeting critical systems, emphasizing the urgent need for effective security measures.
32:04

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

  • The dismantling of the Ridox criminal marketplace underscores the importance of international cooperation in combating cybercrime effectively.
  • The FCC's proposed cybersecurity rules aim to strengthen security measures in telecommunications, reflecting a proactive regulatory response to recent hacking incidents.

Deep dives

Dismantling the Ridox Marketplace

The U.S. has successfully dismantled Ridox, a significant criminal marketplace for stolen personal data and fraud tools. This effort included the arrest of three suspects involved in selling over 321,000 cybercrime-related products, which generated approximately $230,000. The operation was a coordinated effort involving U.S. authorities and Malaysian police, leading to the seizure of Ridox's domain and its servers. The arrests have resulted in multiple charges, including identity theft and money laundering, highlighting the ongoing battle against cybercrime networks.

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