Tech Republic Security

JUNE 2, 2020

BEC scams accounted for half of all cybercrime losses in the US in 2019, according to Check Point Research.

Scams 119

Scams Cybercrime Accountability 119

The Last Watchdog

APRIL 6, 2020

These scams rely on the failure of a subordinate employee to recognize a cleverly spoofed email directive. BEC campaigns accounted for an estimated $26 billion in cybercrime-related losses reported to the FBI over a three year period. No arrests have been made. The FBI refers to this type of grift as Business Email Compromise, or BEC.

Scams 147

Scams Social Engineering Ransomware Engineering 147

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

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. Conclusion: cybersecurity and cybercrime have matured.

Cybercrime 136

Cybercrime Banking Malware Ransomware 136

Krebs on Security

JULY 23, 2020

In May 2019, KrebsOnSecurity broke the news that the website of mortgage title insurance giant First American Financial Corp. billion in 2019. In August 2019, the company said a third-party investigation into the exposure identified just 32 consumers whose non-public personal information likely was accessed without authorization.

Insurance 299

Insurance Financial Services Penetration Testing Scams 299

Identity IQ

APRIL 8, 2021

The Internet Crime Complaint Center (IC3) provides information to the public regarding cybercrime and allows citizens to report crimes directly to the government. Last year, the IC3 received a record 791,790 complaints, a 69% increase over 2019. Losses caused by cybercrime totaled $4.2 New Pandemic-Related Scams.

Internet 105

Internet Internet Scams Cybercrime 105

Threatpost

FEBRUARY 12, 2020

Cybercriminals double down on successful internet scams, with a focus on phishing, BEC and other defrauding schemes that have proven to work.

Scams 107

Scams Phishing Internet Internet 107

Krebs on Security

NOVEMBER 2, 2021

22 on RAMP , a new and fairly exclusive Russian-language darknet cybercrime forum. Fortinet said the credentials were collected from systems that hadn’t yet implemented a patch issued in May 2019. Few journalists realized that this was all a show, a fake, and a scam! ” reads the Oct. Groove was first announced Aug.

Ransomware 256

Ransomware Cybercrime VPN Media 256

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. billion and authorities observed an increase of more than 300,000 complaints from 2019 (+69%). million in 2019 to over $29.1 billion in losses.

Internet 107

Internet Internet Scams Identity Theft 107

Krebs on Security

FEBRUARY 8, 2021

” The operation was carried out in coordination with the FBI and authorities in Australia, which was particularly hard hit by phishing scams perpetrated by U-Admin customers. “At one stage in 2019 we had a couple of hundred SMS phishing campaigns tied to just this particular actor. The U-Admin phishing panel interface.

Phishing 271

Phishing Scams Banking Mobile 271

Krebs on Security

MAY 18, 2020

is cybercrime forum. “We can examine your (or not exactly your) PHP code for vulnerabilities and backdoors,” reads his offering on several prominent Russian cybercrime forums. The cybercrime actor “upO” on Exploit[.]in RedBear’s profile on the Russian-language xss[.]is

Malware 314

Malware Cybercrime Ransomware Marketing 314

Krebs on Security

AUGUST 9, 2021

Also, this greenhorn criminal clearly had bought into BriansClub’s advertising, which uses my name and likeness in a series of ads that run on all the top cybercrime forums. In late 2019, BriansClub changed its homepage to include doctored images of my Social Security and passport cards, credit report and mobile phone bill information.

Phishing 355

Phishing Cybercrime Accountability Advertising 355

Krebs on Security

SEPTEMBER 16, 2020

In February 2020, KrebsOnSecurity wrote about being contacted by an Internal Revenue Service investigator seeking to return funds seized seven years earlier as part of the governments 2013 seizure of Liberty Reserve , a virtual currency service that acted as a $6 billion hub for the cybercrime world.

Cryptocurrency 344

Cryptocurrency Phishing Accountability Cybercrime 344

Malwarebytes

FEBRUARY 12, 2021

Threat actors involved in tech support scams have been running a browser locker campaign from November 2020 until February 2021 on the world’s largest adult platforms including PornHub. In all, we detected close to 100 decoy domain names set up as “advertising landing pages” used to redirect victims to browser locker scams.

Scams 91

Scams Advertising Spyware Mobile 91

Security Affairs

MARCH 16, 2019

In the wake of the New Zealand mosque shooting, the CISA recommends users to remain vigilant on possible scams and malware attacks. — YouTube (@YouTube) March 15, 2019. The post US-CERT warns of New Zealand mosque shooting scams and malware campaigns appeared first on Security Affairs. Source: The Financial Times.

Scams 83

Scams Malware Advertising Media 83

Malwarebytes

APRIL 2, 2024

” The data came to light a few weeks ago when it was put up for sale on an online cybercrime forum, but the seller, a hacker calling themselves “MajorNelson”, claimed it had been stolen from AT&T three years prior. However, it also said that it believes that the leak affects 7.6 million former account holders.

Data breaches 144

Data breaches Passwords Phishing Accountability 144

Krebs on Security

APRIL 10, 2020

Most people who who filed a tax return in 2018 and/or 2019 and provided their bank account information for a debit or credit should soon see an Economic Impact Payment direct-deposited into their bank accounts. Likewise, people drawing Social Security payments from the government will receive stimulus payments the same way.

Computers and Electronics 339

Computers and Electronics Banking Accountability Scams 339

Security Affairs

NOVEMBER 2, 2020

The cybercrime gang announced that it will no longer leak data of new companies infected with their ransomware. it was considered one of the most prominent and active ransomware crew since it began operating in May 2019. The gang was the first to introduce a double-extortion model in the cybercrime landscape at the end of 2019.

Ransomware 99

Ransomware Computers and Electronics Scams Cybercrime 99

Krebs on Security

MARCH 10, 2020

was a now-defunct shop called “Dedushka” (“grandpa” in transliterated Russian), a service offering aged, fake Vkontakte accounts that was quite popular among crooks involved in various online dating scams. ru , a cybercrime forum in its own right that called itself “ The Antichat Mafia.”

Accountability 298

Accountability Advertising Hacking Cybercrime 298

Security Affairs

JULY 5, 2019

StopSextortion [link] pic.twitter.com/W9E5CJ6PvT — FBI (@FBI) July 3, 2019. link] pic.twitter.com/ES7oeE1HSd — FBI (@FBI) June 25, 2019. ” The FBI provided the following answers to those interested in have more info on the sextortion scams: What is sextortion? Sending one explicit image can start a scary cycle.

Scams 88

Scams Internet Internet Advertising 88

Krebs on Security

SEPTEMBER 6, 2021

In May 2015, KrebsOnSecurity briefly profiled “ The Manipulaters ,” the name chosen by a prolific cybercrime group based in Pakistan that was very publicly selling spam tools and a range of services for crafting, hosting and deploying malicious email. One of several current Fudtools sites run by The Manipulaters. FAIL BY NUMBERS.

Software 239

Software Phishing Cybercrime Accountability 239

Krebs on Security

JUNE 18, 2021

In May 2019, KrebsOnSecurity broke the news that the website of mortgage settlement giant First American Financial Corp. The SEC took aim at First American because a few days after our May 24, 2019 story ran, the company issued an 8-K filing with the agency stating First American had no prior indication of any vulnerability.

Insurance 280

Insurance Risk Financial Services CISO 280

Krebs on Security

AUGUST 17, 2023

The international police organization INTERPOL said last week it had shuttered the notorious 16Shop, a popular phishing-as-a-service platform launched in 2017 that made it simple for even complete novices to conduct complex and convincing phishing scams. Various 16Shop lures for Apple users in different languages. Image: Akamai.

Phishing 192

Phishing Passwords Internet Internet 192

SecureWorld News

FEBRUARY 2, 2021

Innocent people are falling for the latest twist on an old cybercrime trick. s Financial Conduct Authority (FCA) recently issued a warning detailing a rise in reports of "clone firm" investment scams. consumers lost more than £78 million, with an average reported loss of £45,242 when scammed by fake investment firms.

Scams 61

Scams Cybercrime Marketing Risk 61

Security Through Education

APRIL 7, 2021

“Phone scammers were able to get 270% more personal information in 2020 than in 2019.” ” “Cybercrime apparently cost the world over $1 trillion in 2020.” Two specific vishing scams that show the current impact of COVID-19 on security are COVID-19 and tech support scams. COVID-19 Scams.

Scams 92

Scams Computers and Electronics Insurance Social Engineering 92

Security Affairs

FEBRUARY 27, 2023

The huge trove of data stolen by cybercriminals can be used by threat actors to conduct a broad range of illegal activities, from identity theft to financial scams. The group demanded a Bitcoin payment from the affected companies and threatened to publish the stolen information online or destroy their infrastructure.

Cybercrime 91

Cybercrime Identity Theft Hacking Scams 91

Security Affairs

MARCH 13, 2020

European authorities dismantled two cybercrime organizations responsible for stealing millions through SIM hijacking. European authorities managed to dismantle the operations of two cybercrime gangs responsible for stealing millions through SIM hijacking. SecurityAffairs – SIM Hijacking, cybercrime). ”continues Europol.

Banking 114

Banking Cybercrime Mobile Accountability 114

Schneier on Security

JULY 10, 2020

A criminal group called Cosmic Lynx seems to be based in Russia: Dubbed Cosmic Lynx, the group has carried out more than 200 BEC campaigns since July 2019, according to researchers from the email security firm Agari, particularly targeting senior executives at large organizations and corporations in 46 countries.

Scams 232

Scams Accountability Authentication Phishing 232

Adam Levin

NOVEMBER 25, 2020

It’s a good idea to prepare for cybercrime, and whenever possible avoid becoming a victim of it. The incidence of ransomware attacks has continued to climb, over 700% by some estimates in 2020 in comparison to 2019, with phishing emails being the primary vector. Be careful with emails containing invitations.

Cybersecurity 191

Cybersecurity Retail Scams Phishing 191

SiteLock

AUGUST 27, 2021

In fact, the World Economic Forum (WEF) projects that by 2021: Global cybercrime costs could total approximately $6 trillion in the US. If cybercrime were a country, it would have the third largest economy in the world. Clearly, cybercrime is big business, and it operates like one. How big is the impact of cybercrime?

Cybersecurity 98

Cybersecurity Cybercrime DDOS Malware 98

Security Boulevard

APRIL 23, 2021

Google noted a more than 600% spike in phishing attacks in 2020 compared to 2019 with a total of 2,145,013 phishing sites registered as of January 17, 2021, up from 1,690,000 on Jan 19, 2020. Business email compromise is a sticky, multifaceted cybercrime that almost inevitably starts with a phishing attack. Business Email Compromise.

Phishing 101

Phishing Scams Media Backups 101

Security Affairs

FEBRUARY 1, 2024

Based on court documents, between December 2019 and March 2022, Junk participated in a fraud scheme to steal funds from the cryptocurrency exchange accounts of his victims. ” reads the press release published by DoJ.

Cryptocurrency 106

Cryptocurrency Computers and Electronics Accountability Scams 106

SiteLock

AUGUST 27, 2021

Considering the many ways cybercriminals target employees and the costs of cybercrime to employers, it’s a wise investment. In fact, the most popular time for criminals to send emails targeting workers with funds-transfer scams is 9 a.m. The FBI says BEC caused half of all US cybercrime losses in 2019 , at a total of $1.77

Security Awareness 98

Security Awareness Passwords Phishing Scams 98

IT Security Guru

AUGUST 30, 2022

As such, the cost of cybercrime is set to increase with the global cybersecurity market estimated to reach $403.01 Phishing scams continue to be one of the biggest security threats to the IT sector with millions of people falling prey to phishing emails containing malicious URLs. This amounts to 57 times more than in 2015.

Cybersecurity 101

Cybersecurity Phishing Ransomware Marketing 101

Krebs on Security

JULY 18, 2022

These services can be used in a legitimate manner for several business purposes — such as price comparisons or sales intelligence — but they are massively abused for hiding cybercrime activity because they can make it difficult to trace malicious traffic to its original source. su between 2016 and 2019. FORUM ACTIVITY?

VPN 304

VPN Computers and Electronics Antivirus Software 304

Security Affairs

SEPTEMBER 3, 2022

Google rolled out emergency fixes to address actively exploited Chrome zero-day Samsung discloses a second data breach this year The Prynt Stealer malware contains a secret backdoor. users China-linked APT40 used ScanBox Framework in a long-running espionage campaign Russian streaming platform Start discloses a data breach impacting 7.5M

Data breaches 66

Data breaches Malware Surveillance Ransomware 66

CyberSecurity Insiders

APRIL 16, 2021

Preventing phishing attacks, like the latest phony HR scams, should not fall on individual employees alone. According to the FBI, phishing was the most common type of cybercrime last year—nearly doubling in frequency between 2019 and 2020.

Phishing 113

Phishing Security Awareness Social Engineering Scams 113