article thumbnail

Florida man sentenced to prison for SIM Swapping conspiracy that led to theft of $1M in cryptocurrency

Security Affairs

A man from Orlando was sentenced to prison for SIM Swapping conspiracy that led to the theft of approximately $1M in cryptocurrency. The man was sentenced for his role in a hacking scheme that led to the theft of approximately $1M worth of cryptocurrency from dozens of victims. ” reads the press release published by DoJ.

article thumbnail

Crooks broke into AT&T email accounts to empty their cryptocurrency wallets

Security Affairs

Threat actors are gaining access to AT&T email accounts in an attempt to hack into the victim’s cryptocurrency exchange accounts. Mail keys are unique credentials that AT&T email users can use to log into their accounts using email apps such as Thunderbird or Outlook , but without having to use their passwords.”

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Crooks create rogue cryptocurrency-themed apps to steal crypto assets from users

Security Affairs

FBI has warned of crooks developing malicious cryptocurrency-themed apps to steal crypto assets from the users. Federal Bureau of Investigation (FBI) has warned of crooks creating malicious cryptocurrency-themed apps to steal crypto assets from investors. million from 244 victims between October 4, 2021, and May 13, 2022.

article thumbnail

Financial cyberthreats in 2021

SecureList

The year 2021 was eventful in terms of digital threats for organizations and individuals, and financial institutions were no exception. share in 2020 to the second most common in 2021 with 12.2%. The mass change in cybercriminals’ objectives and methods seen in 2020 continued in 2021. Phishing: In 2021, 8.2%

Banking 101
article thumbnail

Here’s Some Bitcoin: Oh, and You’ve Been Served!

Krebs on Security

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.

article thumbnail

Cryptocurrency Attacks to be Aware of in 2021

Digital Shadows

It’s been a pretty big year so far for cryptocurrency. After it reached an all-time high in April 2021, new investors desperate not to miss out on the digital gold rush flocked to the exchanges to buy Bitcoin and altcoins. Cryptocurrencies’ current total market cap sits just above $1.7 Marx would be livid!

article thumbnail

Squid Game Cryptocurrency exit scam! Operators made $2.1 Million

Security Affairs

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. ” reported GixModo.