Remove 2017 Remove Cryptocurrency Remove Cybercrime Remove Social Engineering
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Mastermind: Social Engineering, BEC Attacks, Millions in Cash and Crypto

SecureWorld News

That's because Ghaleb Alaumary motivated teams of criminals to commit cybercrime, financial crime, and to collectively steal tens of millions of dollars. Cybercrime ringleader confesses to conspiracies. Then there was the money laundering, the cryptocurrency, the digital wallets. Instead, he'll spend more than a decade in jail.

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The Link Between Ransomware and Cryptocurrency

eSecurity Planet

The dangers from ransomware have risen sharply since WannaCry and NotPetya hit the scene in 2017, and this year has been no different. Cryptocurrency Fuels Ransomware. One constant in all this will be cryptocurrency, the coin of the realm when it comes to ransomware. Cryptocurrency really is fueling this in a sense.

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Ransomware attack on Brazil Nuclear Power Facility via Vulnerability

CyberSecurity Insiders

And an official confirmation says that the attack was launched by notorious North Korean Lazarus hacking group that is known for its social engineering attacks such as the Wannacry 2017. Note- Lazarus group aka Guardians of Peace is a Cybercrime group that is being funded by North Korean intelligence- as per US Intelligence.

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Threat Actors Merging Malicious Activity With Cryptocurrency Show How the Attack Landscape is Developing in Decentralized Finance

Security Boulevard

Current threat actor activity is incentivized by a broad attack surface represented through high volumes of users and systems, and high potential profits represented through the variety of cryptocurrency offerings. It is easy to detect and block things like malicious cryptocurrency apps or crypto-phishing websites.

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Group-IB and CryptoIns introduce the world’s first insurance against cyber threats for cryptocurrency exchanges

Security Affairs

Group-IB and Swiss insurance broker ASPIS that owns CryptoIns project, have developed the world’s first scoring model for assessing cryptocurrency exchanges. Based on the risk score, CryptoIns experts have calculated insurance rates for cryptocurrency exchange users who can now insure their accounts against cyber threats.

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Voice Phishers Targeting Corporate VPNs

Krebs on Security

Allen said a typical voice phishing or “vishing” attack by this group involves at least two perpetrators: One who is social engineering the target over the phone, and another co-conspirator who takes any credentials entered at the phishing page and quickly uses them to log in to the target company’s VPN platform in real-time.

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The Scammers’ Playbook: How Cybercriminals Get Ahold of Your Data

eSecurity Planet

Cybercrime is a growth industry like no other. According to statistics from the FBI’s 2021 Internet Crime Report , complaints to the Internet Crime Complaint Center (IC3) have been rising since 2017. Then, we’ll go over the basic, foundational techniques most scammers find themselves using, such as social engineering and phishing.