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Cybersecurity

Investigators probe ShinyHunters ties to ransomware firms

Sources told KrebsOnSecurity that federal investigators examining ShinyHunters had identified executives at two ransomware negotiation firms, and one executive was said to have helped run an extortion website.

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Federal investigators were pursuing ShinyHunters after the group hacked the FBI recruitment site and threatened to release files said to include staff records. The article said Reuters reported that Rey had been detained in Jordan and was cooperating with the FBI.

A source close to the case said van der Stap’s Signal messages gave investigators recent exchanges with frequent contacts, including ransomware negotiators based in Canada and the United States. Those messages were said to point to Edward Dubrovsky and to an executive at a large U.S. consulting firm.

The article said investigators believed one executive at that consulting firm helped run the victim-extortion site Shinywire, which operated from early May until 16 October. It said the site listed nearly 100 breached organisations, invited them to negotiate payment and warned that stolen files would be posted if they did not respond.

The report also said Dubrovsky was arrested on 9 October and charged in relation to the ShinyHunters probe. Cypfer denied prior knowledge of the arrest and denied contact from law enforcement, while the article noted earlier disputes involving Daniel Tobok, CyberSteward and Apros Group.

Named in this story

People

Rey
the alleged ShinyHunters leader said to have been detained in Jordan and cooperating with the FBI
Pepijn van der Stap
the convicted hacker and ShinyHunters suspect arrested in the Netherlands
Edward Dubrovsky
the Canadian cybersecurity executive arrested by the FBI in the probe
Daniel Tobok
the former chief executive of Cypfer and a party to earlier business disputes with Dubrovsky
Jason Hogg
the Apros Group leader identified as a former FBI special agent

Companies

Cypfer
the cybersecurity firm that denied prior knowledge of Dubrovsky’s arrest
CyberSteward Inc.
the firm linked to Dubrovsky in the article
Apros Group
the holding company that acquired Cypfer
Aon Cyber Solutions Group
the company where Jason Hogg had been chief executive
Cytelligence
the security consulting firm acquired by Aon in 2020
Intuitive Surgical
the medical technology company shown as a Shinywire victim example
PowerSchool
the education technology company extorted by ShinyHunters in 2024
Coveware
the incident response firm that advised victims against paying ShinyHunters
Unit 221B
the incident response firm that also warned against paying ShinyHunters
Constella Intelligence
the breach-tracking service cited for linking email and wallet data

Organisations

ShinyHunters
the hacking group under federal investigation for extortion and data theft
Dharma
the ransomware affiliate programme that dealt with a Canadian victim in 2018

Governments and agencies

FBI
the bureau whose recruitment site was hacked and whose investigators were involved

Places

Jordan
the country where Rey was reported to have been detained
Netherlands
the country where van der Stap was arrested

How the source tells it

The piece was an investigative report with a cautious, sometimes dramatic register, using section headings and loaded details to heighten the stakes while grounding most claims in sourced allegations.

  • alarm the article stacked FBI data theft, arrests and alleged murder plotting into a crisis sequence
  • suspense anonymous sourcing and a delayed reveal about which executives were implicated created a reveal-driven narrative
  • moral framing a section on conflicting interests cast the negotiations business as an ethical dispute