Mikhail Vasiliev, a dual Canadian-Russian national, was sentenced to four years in prison for his role in the LockBit ransomware attacks, which targeted over 1,000 victims and extorted millions. After his arrest in November 2022, the Ontario resident pled guilty to eight charges including cyber extortion and weapons offenses. Authorities managed to severely disrupt LockBit’s operation, however, there are concerns that the group remains active.

North Korean Hackers Use Fake U.S. Companies to Spread Malware in Crypto Industry: Report
North Korean hackers reportedly set up shell companies in the US to penetrate the crypto sector and target developers via fake job offers, according to