CyberVolk, a ransomware-as-a-service provider with pro-Russian links, has emerged as a major new hacktivist group, blending political and financial cybercrime. Described by SentinelLabs, the group, formerly known as GLORIAMIST and Solntsevskaya, conducts financially motivated attacks citing geopolitical motives as justification. It also uses code from other hacktivist groups and has shifted from DDoS attacks to ransomware. CyberVolk’s operations, rivalry with other groups, and reuse of leaked ransomware code contribute to the growing complexity of ransomware landscape.

South Korea Arrests Suspected Chinese Hacker Stolen Tens of Millions of Dollars from Victims
South Korean authorities have successfully extradited a Chinese national suspected of orchestrating one of the most sophisticated hacking operations targeting high-profile individuals and financial institutions.