Remove Accountability Remove Authentication Remove Financial Services Remove Web Fraud
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Recycle Your Phone, Sure, But Maybe Not Your Number

Krebs on Security

New research shows how fraudsters can abuse wireless provider websites to identify available, recycled mobile numbers that allow password resets at a range of email providers and financial services online. While you’re at it, consider removing your phone number as a primary or secondary authentication mechanism wherever possible.

Mobile 346
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The Rise of One-Time Password Interception Bots

Krebs on Security

In February, KrebsOnSecurity wrote about a novel cybercrime service that helped attackers intercept the one-time passwords (OTPs) that many websites require as a second authentication factor in addition to passwords. These services are springing up because they work and they’re profitable.

Passwords 319
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FBI’s Vetted Info Sharing Network ‘InfraGard’ Hacked

Krebs on Security

Meanwhile, the hackers responsible are communicating directly with members through the InfraGard portal online — using a new account under the assumed identity of a financial industry CEO that was vetted by the FBI itself. Department of Defense. USDoD’s InfraGard sales thread on Breached.

Hacking 361
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Would You Have Fallen for This Phone Scam?

Krebs on Security

You may have heard that today’s phone fraudsters like to use use caller ID spoofing services to make their scam calls seem more believable. “After we figured out what was going on, we were left asking ourselves how the crooks had obtained her last three transactions without breaking into her account online. .

Scams 358
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Scary Fraud Ensues When ID Theft & Usury Collide

Krebs on Security

27 — Thanksgiving Day weekend — Jim got a series of rapid-fire emails from MSF saying they’ve received his loan application, that they’d approved it, and that the funds requested were now available at the bank account specified in his MSF profile. Then on Nov. Take a look at that 546.56 for that $1,000.

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Disneyland Malware Team: It’s a Puny World After All

Krebs on Security

financial services firm Ameriprise uses the domain ameriprise.com; the Disneyland Team’s domain for Ameriprise customers is [link] [brackets added to defang the domain], which displays in the browser URL bar as ? . It also has other options for stalling victims whilst their accounts are drained. Bank customers.

Malware 269
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The ‘Zelle Fraud’ Scam: How it Works, How to Fight Back

Krebs on Security

One of the more common ways cybercriminals cash out access to bank accounts involves draining the victim’s funds via Zelle , a “peer-to-peer” (P2P) payment service used by many financial institutions that allows customers to quickly send cash to friends and family. What’s your username?”

Scams 354