The Los Angeles Community College District (LACCD) agreed to pay a ransom demand of $28,000 to crooks who managed to infect the computer network of the Los Angeles Valley College (LAVC) with ransomware.
Police in Shelton, Connecticut have arrested a teenager for launching DDoS attacks on his/her former high school's network.
A UK judge sentenced a crook part of a cybercrime operation that used banking malware to five years in prison for stealing £840,000 ($1,035,000) from victims all over the world.
Romanian authorities have arrested and extradited to the US three nationals suspected of creating and distributing the Bayrob malware.
The Russian Parliament is working on a new law that would introduce criminal liability for hackers creating tools and participating in cyber-attacks against Russian infrastructure.
Unidentified hackers have stolen $31 million (₽2 billion) from customer accounts at Russia's Central Bank, but officials have managed to recover $26 million (₽1.66 billion) from the stolen funds, said the bank in a report released today.
British authorities have arrested fourteen people across the country on suspicion of helping the cybercriminals behind the Dridex and Dyre malware launder ill-gotten funds.