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Account takeover attacks spiked in 2020, Kaspersky says

Tech Republic Security

The surge gives further credence to the idea that cybercrime is less about tech know-how and more about social engineering, according to its fraud report.

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State of Cybercrime 2020: FBI Report

SecureWorld News

Here is the report's opening paragraph: "In 2020, while the American public was focused on protecting our families from a global pandemic and helping others in need, cyber criminals took advantage of an opportunity to profit from our dependence on technology to go on an Internet crime spree. Business Email Compromise 2020.

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Wanted: Disgruntled Employees to Deploy Ransomware

Krebs on Security

“According to this actor, he had originally intended to send his targets—all senior-level executives—phishing emails to compromise their accounts, but after that was unsuccessful, he pivoted to this ransomware pretext,” Hassold wrote. billion in 2020. Image: FBI. Open our letter at your email. ” Image: Sophos.

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Fla. Man Charged in SIM-Swapping Spree is Key Suspect in Hacker Groups Oktapus, Scattered Spider

Krebs on Security

In each attack, the victims saw their email and financial accounts compromised after suffering an unauthorized SIM-swap, wherein attackers transferred each victim’s mobile phone number to a new device that they controlled. Prosecutors say Noah Michael Urban of Palm Coast, Fla., Twilio disclosed in Aug. On July 28 and again on Aug.

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Hacker Pleads Guilty to High-Profile 2020 Twitter Breach

SecureWorld News

Nearly three years ago, chaos descended upon Twitter when a small group of hackers successfully breached the accounts of some of the platform's most high-profile users. RELATED: Famous Twitter Accounts Hacked: Insider Threat or Social Engineering Attack? ] Now, the U.S.

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Happy 11th Birthday, KrebsOnSecurity!

Krebs on Security

With the ongoing disruption to life and livelihood wrought by the Covid-19 pandemic, 2020 has been a fairly horrid year by most accounts. Thank you, Dear Readers, for your continued encouragement and support! But it was hardly a dull one for computer security news junkies.

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Teen behind 2020 Twitter hack pleads guilty

Malwarebytes

The so-called “mastermind” behind the 2020 Twitter hack that compromised the accounts of several celebrities and public figures—including President Barack Obama, Bill Gates, and Elon Musk—pleaded guilty to several charges on Tuesday in a Florida court. He will also earn credit for the 229 days that he has already spent in jail.

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