Congratulations to the multinational government agencies involved in  the takedown of the Avalanche cybercriminal infrastructure! The U.S.  Attorney’s Office, FBI, Europol, German Police, and others from over 40  countries were involved in disrupting one of the largest support  structures for malware, digital money laundering, and Distributed  Denial-of-Service (DDoS) attacks. Searches, seizures, and arrests in  four countries were conducted to dismantle the sophisticated network of  people and technology.
  
Burying Malware
Avalanche hosted, supported, and distributed dozens of malware  families, including Citadel, TeslaCrypt, VM-Zues, bugat, QakBot, and  many others. For a complete list, visit the US-CERT announcement page. Most  notably, it targeted over 40 major financial institutions and hosted  major ransomware malware. According to the U.S. CERT team, it was “used  to run money mule schemes where criminals recruited people to commit fraud involving transporting and laundering stolen money or merchandise”.
The Avalanche group has been very active for many years. Back in 2010 it was known for its phishing activities and involvement with various Zeus banking trojan malware variants.
  This takedown will have a cascading impact to cybercriminals who have  relied on its capabilities. It will likely result in a reduced amount  of activity until such time as criminals can replace or rebuild these  functions. It is a greatly appreciated reprieve. The absence of money  laundering services will also be a painful hit to many criminal  groups. With Avalanche down or at the very least impacted, it will force  changes on behalf of the criminals it serviced. Those deviations  represent opportunities for law enforcement’s future actions.
  Hidden Benefits
Depending upon the systems and data captured and the cooperation of  the people arrested, there may be some great intelligence benefits. Law  enforcement may be able to track down some of the organized criminals  behind the various malware families and cyber-fraud campaigns. This  could lead to more arrests and impacts to malware generation.
  A job well done by the multinational team who cooperated to bring  down this malignant structure supporting cybercriminals impacting  people, governments, and businesses across the globe. Keep up the good  work!
What Does Ransomware Sound Like?
Cybersecurity  colleague Christiaan Beek went searching for great wisdom and  discovered what ransomware sounds like. Not sexy, not ominous, not  dark. More like a pinball machine, when you lose.
With all the money the ransomware cybercriminals rake in from their victims, you would think they could invest a bit more in the sound engineering quality or perhaps get a celebrity voice-over.
I think they would get a much better compliance rate for their extortion demands if this was voice by Morgan Freeman. Who could resist that? On second thought, perhaps James Earl Jones, with the Darth Vader mask, would be more appropriate!
They could even bump up the ransom prices. Something needs to justify the price of 10.5 bitcoins! That is almost $800. Wow, have the prices gone up or it just a premium to listen to this verbal notification from the malware?
Thanks Christiaan for sharing. I look forward to your next ransomware discovery! Follow Christiaan on Twitter (@ChristiaanBeek)
For those of you interested in the other sound of ransomware, it is from the victims, who shout in fear, then rage, followed by a whimper, and sometimes crying. If you are a victim of ransomware, visit the NoMoreRansom.org site. It is a free resource that may be able to help and is supported by some of the most respected cybersecurity organizations. Good luck.
Interested in more? Follow me on Twitter (@Matt_Rosenquist), Steemit, and LinkedIn to hear insights and what is going on in cybersecurity.
References:
- U.S. Justice Dept announcement: https://www.justice.gov/usao-wdpa/pr/avalanche-network-dismantled-international-cyber-operation
 
- U.S. CERT Alert: https://www.us-cert.gov/ncas/alerts/TA16-336A


The AI PC: A New Category Poised to Reignite the PC Market