Krebs on Security

SEPTEMBER 16, 2020

authorities today announced criminal charges and financial sanctions against two Russian men accused of stealing nearly $17 million worth of virtual currencies in a series of phishing attacks throughout 2017 and 2018 that spoofed websites for some of the most popular cryptocurrency exchanges. Separately, the U.S.

Cryptocurrency 344

Cryptocurrency Phishing Accountability Cybercrime 344

Krebs on Security

MARCH 11, 2024

Borrowing from the playbook of ransomware purveyors, the darknet narcotics bazaar Incognito Market has begun extorting all of its vendors and buyers, threatening to publish cryptocurrency transaction and chat records of users who refuse to pay a fee ranging from $100 to $20,000. ALL of them are Exit Scams.

Marketing 283

Marketing Scams Cryptocurrency Cybercrime 283

Security Affairs

NOVEMBER 1, 2021

Operators behind the Squid Game cryptocurrency have exit scam making off with an estimated $2.1 Operators behind the Squid Game cryptocurrency have exit scam making off with an estimated $2.1 The following graph shows that the cryptocurrency peaked at a price of $2,861 before dropping to $0 around. Sorry, folks.”

Cryptocurrency 120

Cryptocurrency Scams Cybercrime Advertising 120

Schneier on Security

JUNE 4, 2019

Really interesting paper calculating the worldwide cost of cybercrime: Abstract: In 2012 we presented the first systematic study of the costs of cybercrime. Several new cybercrimes are significant enough to mention, including business email compromise and crimes involving cryptocurrencies. and more on response.

Cybercrime 212

Cybercrime Scams Cryptocurrency Antivirus 212

Bleeping Computer

AUGUST 30, 2022

The National Police of Ukraine (NPU) took down a network of call centers used by a cybercrime group focused on financial scams and targeting victims of cryptocurrency scams under the guise of helping them recover their stolen funds. [.].

Cybercrime 85

Cybercrime Scams Cryptocurrency 85

Bleeping Computer

OCTOBER 19, 2023

India's Central Bureau of Investigation (CBI) raided 76 locations in a nationwide crackdown on cybercrime operations behind tech support scams and cryptocurrency fraud. [.]

Cryptocurrency 131

Cryptocurrency Scams Cybercrime 131

Heimadal Security

DECEMBER 2, 2022

The Spanish National Police dissolved a cybercrime ring that defrauded 300 people out of almost €12.3 During these malicious campaigns, the hackers created replicas of popular, legitimate cryptocurrency investment sites. The post Spanish Authorities Bust €12M Investment Scam Operation appeared first on Heimdal Security Blog.

Scams 75

Scams Cryptocurrency Cybercrime Banking 75

Hot for Security

MARCH 1, 2021

UK’s national reporting center for fraud and cybercrime (Action Fraud) is warning citizens to watch out for travel-related fraud following the government’s announcement last week that it would lift travel restrictions. If the person or agent insists that you give these details or risk forfeiting your spot, it’s a scam.

Scams 98

Scams Cybercrime Advertising Cryptocurrency 98

Security Affairs

FEBRUARY 1, 2024

Daniel James Junk (22) of Portland was sentenced to 72 months in federal prison for his role in a scheme that resulted in the theft of millions of dollars of cryptocurrency using a SIM swapping. Once hijacked a SIM, the attacker can steal money, cryptocurrencies and personal information, including contacts synced with online accounts.

Cryptocurrency 109

Cryptocurrency Computers and Electronics Accountability Scams 109

Graham Cluley

MARCH 7, 2024

If you have been optimistically daydreaming that losses attributed to cybercrime might have reduced in the last year, it's time to wake up. The FBI's latest annual Internet Crime Complaint Center (IC3) report has just been published, and makes for some grim reading. Read more in my article on the Tripwire State of Security blog.

Cybercrime 109

Cybercrime Internet Internet Scams 109

SC Magazine

JUNE 28, 2021

A technician inspects the backside of a cryptocurrency mining farm in Saint Hyacinthe, Quebec. Cryptocurrency is famously anonymous, but evading capture is not the only reason cryptocurrency is the go-to payment solution for ransomware. First, understanding the role of cryptocurrency in ransomware. Would it work?

Cryptocurrency 92

Cryptocurrency Ransomware Banking Cybercrime 92

Krebs on Security

JANUARY 10, 2024

A California man who lost $100,000 in a 2021 SIM-swapping attack is suing the unknown holder of a cryptocurrency wallet that harbors his stolen funds. Dellone says the crooks then used his phone number to break into his account at Coinbase and siphon roughly $100,000 worth of cryptocurrencies. federal court.”

Cryptocurrency 277

Cryptocurrency Government Cybercrime Accountability 277

SC Magazine

APRIL 8, 2021

For the uninitiated, NFTs are unique tokens that accompany original and collectible digital artwork or videos that can be sold or traded as a form of cryptocurrency, with transactions registered on the blockchain. No wonder scam artists are taking notice and jumping on the bandwagon. billion in 2020. “We

Scams 137

Scams Cryptocurrency Phishing Marketing 137

SC Magazine

JUNE 28, 2021

A technician inspects the backside of a cryptocurrency mining farm in Saint Hyacinthe, Quebec. Cryptocurrency is famously anonymous, but evading capture is not the only reason cryptocurrency is the go-to payment solution for ransomware. First, understanding the role of cryptocurrency in ransomware. Would it work?

Cryptocurrency 69

Cryptocurrency Ransomware Banking Cybercrime 69

Security Affairs

FEBRUARY 27, 2023

Once payments are collected from the victims, they make previously created resources vanish and set up the next new campaign – this is why investigators named the group “Digital Smoke” According to the latest report by FTC released last week called “The Top Scams of 2022” people reported losing $8.8

Scams 92

Scams Mobile Marketing Banking 92

Malwarebytes

DECEMBER 5, 2022

Now, researchers at Volexity have analyzed a new campaign that is likely targeting cryptocurrency users and organizations with a variant of the AppleJeus malware by using malicious Microsoft Office documents. One of the group's preferred tactics is to use trojanized cryptocurrency related apps, like AppleJeus. Lazarus Group.

Cryptocurrency 75

Cryptocurrency Malware Scams Cybercrime 75

Identity IQ

APRIL 2, 2021

The recent Federal Bureau of Investigations Internet Crime Report shows that cybercrime has spiked, leaving hundreds of thousands of victims and costing more than $4 billion. Victims lost the most money to business email compromise scams, romance and confidence schemes and investment fraud. Phishing Scams. billion in 2019 to $4.2

Scams 110

Scams Computers and Electronics Phishing Internet 110

Security Boulevard

MARCH 22, 2022

For several years, the #1 Cybercrime type has been Business Email Compromise followed by the #2 of Romance Scam. The criminals have discovered how many people don't understand investing in cryptocurrency and have turned Investment Scams into a new money factory. . #1 Investment Scam Examples. Million dollars to $1.45

Scams 98

Scams Artificial Intelligence Identity Theft Data breaches 98

Security Affairs

OCTOBER 8, 2023

North Korea-linked APT group Lazarus has laundered $900 million worth of cryptocurrency, Elliptic researchers reported. North Korea-linked Lazarus Group laundered $900 Million in cryptocurrency between July 2022 and July 2023. ” reads the report published by Elliptic. ” reads the report published by Elliptic.

Cryptocurrency 122

Cryptocurrency Cybercrime Scams Hacking 122

Security Affairs

NOVEMBER 8, 2021

The FBI warns of an increase of fraudulent schemes leveraging cryptocurrency ATMs and QR Codes to facilitate payment. The FBI Internet Crime Complaint Center (IC3) published an alert to warn the public of fraudulent schemes leveraging cryptocurrency ATMs and Quick Response (QR) codes to complete payment transactions.

Cryptocurrency 82

Cryptocurrency Scams Accountability Government 82

The State of Security

AUGUST 14, 2022

A new type of scam, called “pig butchering” is gaining momentum. Pig butchering is a unique scam which uses a romance scam script, but with an investment spin on it, where victims are groomed to invest large sums of money, often on fake crypto apps.

Scams 93

Scams Cryptocurrency Cybercrime 93

SecureWorld News

MARCH 22, 2021

The FBI notes that the Internet Crime Complaint Center (IC3) has been key to its mission to track cybercrimes. The IC3 "provides the public with a trustworthy source for information on cyber criminal activity," and also is a useful tool for victims to report a cybercrime. The IC3 received 19,369 reports of BEC/EAC scams in 2020. "In

Cybercrime 55

Cybercrime Scams Banking Accountability 55

Krebs on Security

MARCH 7, 2022

This final post on the Conti conversations explores different schemes that Conti pursued to invest in and steal cryptocurrencies. This wealth allowed Conti to do things that regular investors couldn’t — such as moving the price of cryptocurrencies in one direction or the other. “Cryptocurrency article contest!

Ransomware 217

Ransomware Cryptocurrency DDOS Scams 217

SecureList

MAY 6, 2024

A significant share of scam, phishing and malware attacks is about money. Methodology In this report, we present an analysis of financial cyberthreats in 2023, focusing on banking Trojans and phishing pages that target online banking, shopping accounts, cryptocurrency wallets and other financial assets. million in 2022.

Phishing 80

Phishing Banking Mobile Scams 80

SecureWorld News

JULY 19, 2022

Stay away from cryptocurrencies—for now. It says these fraudsters are "claiming to offer legitimate cryptocurrency investment services, and convincing investors to download fraudulent mobile apps, which the cyber criminals have used with increasing success over time to defraud the investors of their cryptocurrency.".

Cryptocurrency 79

Cryptocurrency Scams Cybercrime Accountability 79

Krebs on Security

JANUARY 30, 2024

authorities arrested a 19-year-old Florida man charged with wire fraud, aggravated identity theft, and conspiring with others to use SIM-swapping to steal cryptocurrency. 12 blog post , the attackers used their access to Mailchimp employee accounts to steal data from 214 customers involved in cryptocurrency and finance. 9, 2024, U.S.

Social Engineering 318

Social Engineering Mobile Cybercrime Passwords 318

SecureList

OCTOBER 20, 2021

Having been in the field for so long, we have witnessed some major changes in the cybercrime world’s modus operandi. This report shares our insights into the Russian-speaking cybercrime world and the changes in how it operates that have happened in the past five years. million USD) monthly. Services in demand.

Cybercrime 137

Cybercrime Banking Malware Ransomware 137

Krebs on Security

NOVEMBER 2, 2023

One of the largest cybercrime services for laundering stolen merchandise was hacked recently, exposing its internal operations, finances and organizational structure. Services like SWAT are known as “Drops for stuff” on cybercrime forums. Most reshipping scams promise employees a monthly salary and even cash bonuses.

Cybercrime 271

Cybercrime Marketing Scams Retail 271

Identity IQ

JANUARY 19, 2022

In its recent annual Data Breach Industry Forecast, credit reporting agency Experian made five predictions for cybercrime and data breach trends to expect this year. Here are five data breach and cybercrime trends to anticipate this year. Natural Disaster Scams. Scams Target Online Gamblers.

Data breaches 111

Data breaches Scams Cybercrime Phishing 111

Security Affairs

MARCH 18, 2021

The FBI’s Internet Crime Complaint Center has released its annual report, the 2020 Internet Crime Report , which includes data from 791,790 complaints of suspected cybercrimes. According to the 2020 Internet Crime Report , the top three crimes reported by victims in 2020 were phishing scams, non-payment/non-delivery scams, and extortion.

Internet 109

Internet Internet Scams Identity Theft 109

Security Boulevard

AUGUST 14, 2022

A new type of scam, called “pig butchering” is gaining momentum. Pig butchering is a unique scam which uses a romance scam script, but with an investment spin on it, where victims are groomed to invest large sums of money, often on fake crypto apps. Behind the scenes of these scams are scam centers run […]… Read More.

Scams 52

Scams Cryptocurrency Cybercrime 52

Malwarebytes

SEPTEMBER 23, 2021

Europol described the ring as “very well organized”, saying it included computer experts who created the phishing domains and spear headed cyber fraud, money mule recruiters and organizers, and money launderers, some of whom are said to be cryptocurrency experts.

Cybercrime 72

Cybercrime Computers and Electronics Cryptocurrency Phishing 72

Security Affairs

MAY 18, 2022

Microsoft researchers warn of the rising threat of cryware targeting non-custodial cryptocurrency wallets, also known as hot wallets. Microsoft warns of the rise of cryware, malicious software used to steal info an dfunds from non-custodial cryptocurrency wallets, also known as hot wallets. Ransomware. Password and info stealers.

Cryptocurrency 93

Cryptocurrency Social Engineering Malware Cybercrime 93

Graham Cluley

MARCH 14, 2023

The latest annual FBI report on the state of cybercrime has shown a massive increase in the amount of money stolen through investment scams. Read more in my article on the Hot for Security blog.

Scams 89

Scams Cybercrime Ransomware Cryptocurrency 89

Security Boulevard

DECEMBER 21, 2021

Online theft is nothing new – but 2021 saw cybercrime go to a whole new level. As we all spent more time at home (and therefore more time online), Avast tracked increases in everything from ransomware to cryptocurrency scams to phishing. . The post 5 Tips For Staying Safe Online | Avast appeared first on Security Boulevard.

Cryptocurrency 52

Cryptocurrency Scams Cybercrime Phishing 52

Security Affairs

NOVEMBER 1, 2018

Security experts from Cisco Talos have uncovered two recent sextortion scam campaigns that appear to leverage on the Necurs botnet infrastructure. The scammer demands a payment in cryptocurrency for not sharing the video. Security Affairs – sextortion, cybercrime). 30, 2018 through Oct. 26, 2018 — 58 days’ worth of spam.”

Scams 82

Scams Data breaches Education Advertising 82

SecureList

NOVEMBER 21, 2023

We highlighted the growing popularity of cryptocurrencies and anticipated an increase in crypto scams. The forecast correctly emphasized that users had become more aware of crypto and would not easily fall for primitive scams. This adaptability will make it hard for law enforcement to track and combat cybercrime effectively.

Penetration Testing 119

Penetration Testing Banking Ransomware Mobile 119