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Researchers track the ascension of a dark web marketplace. Bose responds to a ransomware attack. And a German encrypted email provider takes issue with a court ruling on monitoring. This is CyberScoop for May 25, 2021.

How Hydra became king of dark web marketplaces

The hydra monster of myth grew back two heads for every one chopped off. Hydra, the Russian-language dark web marketplace, has proven resilient, too — which has helped it become the richest such forum, responsible for nearly $1.4 billion in revenues in 2020. A Flashpoint/Chainalysis report out Tuesday detailed Hydra's rise and what makes it tricky to track, like restrictions on sellers that make transactions more opaque. Tim Starks writes.

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Bose quietly dealt with ransomware attack in March

A ransomware attack knocked the IT systems of Bose offline in March, and exposed the Social Security numbers of six former employees, the electronics giant said in a recent public notice. Bose couldn’t confirm whether the data was exfiltrated, but there haven’t been any reports of dark web sales of the data. It’s a reminder that ransomware incidents at major corporations can fly under the radar until breach-reporting rules kick in. Sean Lyngaas has the details.

German court forces Tutanota’s hand

The Federal Court of Justice (BGH) in Germany has ruled that encrypted email provider Tutanota must monitor for three months the messages of accounts implicated in a blackmail case. The decision, which impacts two accounts in all, comes months after a regional court ruled that Tutanota must provide said emails. Tutanota had asked BGH to re-examine that decision given that Tutanota does not consider itself a telecommunications service and therefore should not be required to monitor them under German law. Shannon Vavra has the details.

The North Korean crypto party that never ends

It’s no secret that alleged North Korean hackers have plundered cryptocurrency exchanges for years in an effort to finance the sanction-riddled regime of Kim Jong Un. But the scale of the theft continues to be newsworthy. On Monday, researchers from ClearSky attributed a swath of breaches of cryptocurrency exchanges from Israel to Japan to the notorious Lazarus Group. Sean has more.

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