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a Philippines-based company that provides computer infrastructure for hundreds of thousands of websites involved in virtual currency investment scams known as pig butchering.” ” The Treasury Department said Funnull’s operations are linked to the majority of virtual currency investment scam websites reported to the FBI. .”
Adam Griffin is still in disbelief over how quickly he was robbed of nearly $500,000 in cryptocurrencies. Unfortunately for Griffin, years ago he used Google Photos to store an image of the secret seed phrase that was protecting his cryptocurrency wallet. Image: Shutterstock, iHaMoo. io ) that mimicked the official Trezor website.
Maybe it’s indelicate to celebrate the birthday of a cybercrime blog that mostly publishes bad news, but happily many of 2024’s most engrossing security stories were about bad things happening to bad guys. In case you missed any of them, here’s a recap of 2024’s most-read stories.
KrebsOnSecurity recently told the saga of a cryptocurrency investor named Tony who was robbed of more than $4.7 Before we get to the Apple scam in detail, we need to revisit Tony’s case. million in cryptocurrencies from Tony was verify-trezor[.]io. Image: Shutterstock, iHaMoo. million in an elaborate voice phishing attack.
The targeted SMS scams asked employees to click a link and log in at a website that mimicked their employer’s Okta authentication page. According to prosecutors, the group mainly sought to steal cryptocurrency from victim companies and their employees. Tylerb was reputed to have fled the United Kingdom after that assault.
Here’s how to avoid getting played by gamified job scams. In 2024 alone, employment scams reported to the FBI made fraudsters over $264 million. Many of these are so-called “task scams,” where victims are actually tricked into paying a “deposit” in order to get paid. It might sound unbelievable.
These malware scams lure individuals with fake conference invitations designed to mimic legitimate meeting requests and exploit users’ trust. ClickFix campaigns represent a new wave of phishing tactics that emerged in May 2024, aimed at exploiting users of popular software applications. What Are ClickFix Campaigns?
billion in cryptocurrency in 2024, more than half of the $2.2 Billion in Crypto in 2024 appeared first on Security Boulevard. North Korean hackers stole $1.34 billion stolen in all crypto hacks, and the attacks by threat groups linked to the rogue nation are becoming more frequent and are happening more quickly.
That investigation detailed how the 38-year-old Shefel adopted the nickname Rescator while working as vice president of payments at ChronoPay , a Russian financial company that paid spammers to advertise fake antivirus scams, male enhancement drugs and knockoff pharmaceuticals. Ermakov was recently found guilty and given two years probation.
The statistics for previous years may differ from earlier publications due to a data and methodology revision implemented in 2024. The year in figures According to Kaspersky Security Network, in 2024: A total of 33.3 The year’s trends In 2024, cybercriminals launched a monthly average of 2.8 A total of 1.1
The Russian-speaking Crazy Evil group runs over 10 social media scams, tricking victims into installing StealC, AMOS, and Angel Drainer malware. Since 2021, the Crazy Evil gang has become a major cybercriminal group, using phishing, identity fraud, and malware to steal cryptocurrency. ” reads the report published by Insikt Group.
Key findings Phishing Banks were the most popular lure in 2024, accounting for 42.58% of financial phishing attempts. Amazon Online Shopping was mimicked by 33.19% of all phishing and scam pages targeting online store users in 2024. Cryptocurrency phishing saw an 83.37% year-over-year increase in 2024, with 10.7
Operation HAECHI V (July-Nov 2024) targeted cyber frauds like phishing, romance scams, sextortion, investment fraud, online gambling, BEC, and e-commerce fraud. INTERPOL also issued a Purple Notice to warn countries about emerging fraudulent activities involving cryptocurrencies. in losses to 1,900+ victims.
The FBI's Internet Crime Complaint Center (IC3) has released its 2024 Internet Crime Report, marking a record-breaking year in cybercrime. This demographic was frequently targeted by tech support scams, romance scams, and crypto investment frauds. The report highlights a staggering $16.6 billion in losses. billion in losses.
The X account of cybersecurity giant Mandiant was hacked, attackers used it to impersonate the Phantom crypto wallet and push a cryptocurrencyscam. Crooks hacked the X account of cybersecurity firm Mandiant and used it to impersonate the Phantom crypto platform and share a cryptocurrencyscam.
Text scams, also known as smishing (SMS + phishing ), are on the rise. The Federal Trade Commission reports that in 2024, consumers lost $470 million to scams that started with text messages. Watch out for these common scams Package delivery alerts Package delivery alerts are the most common text scam.
The feature uses on-device AI to flag potentially fraudulent messages before users interact with them, helping stop scams in real time. According to the Federal Trade Commission (FTC), Americans lost $470 million to text scams in 2024. Poor grammar (a common giveaway in phishing scams). Keep your phone OS updated.
million in USDT stolen through ‘romance baiting’ scams, where victims are tricked into fake investments promising high returns. in USDT (Tether) linked to a ‘romance baiting’ scam. The scam involves emotional manipulation, leaving victims financially devastated and reluctant to report the fraud.
Scattered Spider members are part of a broader cybercriminal community called “The Com,” where hackers brag about high-profile cyber thefts, typically initiated through social engineering tactics like phone, email, or SMS scams to gain access to corporate networks. In January 2024, U.S. ” reads the press release published by DoJ.
CISA adds Palo Alto Networks Expedition bugs to its Known Exploited Vulnerabilities catalog Hackers target critical flaw CVE-2024-10914 in EOL D-Link NAS Devices China-linked threat actors compromised multiple telecos and spied on a limited number of U.S.
In 2024, our expert observations indicate that commercial advertising for these cryptors have indeed gained momentum. Verdict: prediction fulfilled “Loader” malware services will continue to evolve As anticipated, the supply for the “loader” malware family has been constant in 2024.
Malicious hackers are targeting people in the cryptocurrency space in attacks that start with a link added to the target’s calendar at Calendly , a popular application for scheduling appointments and meetings. The attackers impersonate established cryptocurrency investors and ask to schedule a video conference call.
The frozen funds include cryptocurrency, NFTs, and other digital assets. District Court for the District of Columbia alleging that North Korean information technology (IT) workers obtained illegal employment and amassed millions in cryptocurrency for the benefit of the North Korean government, all as a means of evading U.S. since 2017.
To wrap up our 2024 year-end roundtable, we turn our attention to new technologies and trends that are emerging to help bridge the gaps. Amini Pedram Amini , Chief Scientist, Opswat The sophistication and abuse of AI are escalating as costs drop, driving a surge in ML-assisted scams and attacks on physical devices.
We believe it is connected to SparkCat and also targets the cryptocurrency assets of its victims. The campaign has been active since at least February 2024. Tapping these opened WebView, revealing an online store named TikToki Mall that accepted cryptocurrency as payment for consumer goods. Another activity cluster?
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.
Phishing In phishing scams, cybercriminals trick people and businesses into handing over sensitive information like credit card numbers or login details for vital online accounts. The hackers hijacked the channels to spread cryptocurrencyscams, while deleting some of the groups old videos in the process.
In this article, we will first assess our predictions for 2023 , and then, try to figure out which trends are coming in 2024. We highlighted the growing popularity of cryptocurrencies and anticipated an increase in crypto scams. Review of last year’s (2023) predictions: how we fared Web3 and the rise of threats: True.
In a recent campaign starting in 2022, unknown malicious actors have been trying to mine cryptocurrency on victims’ devices without user consent; they’ve used large amounts of resources for distribution, but what’s more, used multiple unusual vectors for defense evasion and persistence.
Cybercriminals continued targeting gamers’ accounts filled with valuable in-game items or giving access to games on several devices, and often used in-game currency to lure victims to participate in their scams. Unfortunately, this ambiguity sets the stage for an anticipated increase in charity-related scams in 2024.
9, 2024, U.S. 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.
Key Points Phishing incidents rose during the reporting period (August 1 to October 31, 2024), accounting for 46% of all customer incidents. Top Techniques: A Closer Look Phishing Techniques: The Evergreen Threat in Cybersecurity Initial access methods were the most common MITRE ATT&CK techniques between May and July 2024.
Key Findings 2024 was the year cyber threats got quicker. Our research reveals 2024 saw a 22% increase in attack speed compared to 2023, with the fastest incident achieving lateral movement in just 27 minutes. Among the 2024 hands-on-keyboard incidents we analyzed, 50% of them used valid or exposed credentials for initial access.
We have seen several high-profile accounts that were taken over on X (formerly Twitter) only to be used for cryptocurrency related promotional activities, like expressing the approval of exchange-traded funds (ETFs). A spot Bitcoin ETF will buy the cryptocurrency directly, “on the spot”, at its current price, throughout the day.
Last week, threat actors hacked the X account of cybersecurity firm Mandiant and used it to impersonate the Phantom crypto platform and share a cryptocurrencyscam. The threat actors exploited the account to promote an airdrop scam. The scam was designed to drain funds from the victims’ wallets.
Between September 1, 2024, and February 28, 2025, threat actors ramped up efforts to exploit this sector through spearphishing, impersonation campaigns, ransomware, and vulnerabilities in external remote services. Cryptocurrencies are difficult to trace, making them a prime target for theft.
from Bybit, it is the largest cryptocurrency heist ever Apple removes iCloud encryption in UK following backdoor demand B1acks Stash released 1 Million credit cards U.S. Every week the best security articles from Security Affairs are free in your email box. Lazarus APT stole $1.5B
“In the Florida case, Urban was accused of stealing at least $800,000 in cryptocurrency from five different victims between August 2022 and March 2023.” In January 2024, U.S. . “In the California case, he pleaded guilty to one count of conspiracy to commit wire fraud.” ” reported News4Jax.
But fast forward to 2024, and Coveware data suggests that that trend has completely reversed—not only have the number of victims paying dropped but so have the dollar amounts of actual ransom payments. A few years ago, paying ransomware attackers was almost a given—85% of hit organizations in early 2019 felt they had no choice.
In late 2024, we discovered a new malware campaign we dubbed “SparkCat”, whose operators used similar tactics while attacking Android and iOS users through both official and unofficial app stores. The search employed an OCR model which selected images on the victim’s device to exfiltrate and send to the C2 server.
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.
Cybercriminals are targeting Mac users interested in cryptocurrency opportunities with fake calendar invites. Scammers, impersonating cryptocurrency investors, are active on Telegram channels to get interested people to attend a meeting about a future partnership. Topics are cryptocurrency investment opportunities.
CISA adds Oracle WebLogic Server and Mitel MiCollab flaws to its Known Exploited Vulnerabilities catalog Threat actors breached the Argentinas airport security police (PSA) payroll Moxa router flaws pose serious risks to industrial environmets US adds Tencent to the list of companies supporting Chinese military Eagerbee backdoor targets govt entities (..)
He was not immediately… — vx-underground (@vxunderground) June 15, 2024 According to the Spanish police, the man once controlled Bitcoins worth $27 million. . In January 2024, U.S. The individual arrested as a 22-year-old male from the United Kingdom. ” states KrebsOnSecurity. ” continues Krebs.
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