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How Cryptocurrency Turns to Cash in Russian Banks

Krebs on Security

wtf, and PQHosting ; -sites selling aged email, financial, or social media accounts, such as verif[.]work The site Verif dot work, which processes payments through Cryptomus, sells financial accounts, including debit and credit cards. work and kopeechka[.]store store ; -anonymity or “proxy” providers like crazyrdp[.]com

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Report: Big U.S. Banks Are Stiffing Account Takeover Victims

Krebs on Security

consumers have their online bank accounts hijacked and plundered by hackers, U.S. But new data released this week suggests that for some of the nation’s largest banks, reimbursing account takeover victims has become more the exception than the rule. Bank , and Wells Fargo.

Banking 288
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FBI: Spike in Hacked Police Emails, Fake Subpoenas

Krebs on Security

The Federal Bureau of Investigation (FBI) is urging police departments and governments worldwide to beef up security around their email systems, citing a recent increase in cybercriminal services that use hacked police email accounts to send unauthorized subpoenas and customer data requests to U.S.-based based technology companies.

Hacking 294
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Fintech Giant Finastra Investigating Data Breach

Krebs on Security

The financial technology firm Finastra is investigating the alleged large-scale theft of information from its internal file transfer platform, KrebsOnSecurity has learned. However, it did reference many of the same banks called out as Finastra customers in the Nov. ” On Nov. abyss0’s Nov. 8 post on BreachForums.

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The Risk of Weak Online Banking Passwords

Krebs on Security

If you bank online and choose weak or re-used passwords, there’s a decent chance your account could be pilfered by cyberthieves — even if your bank offers multi-factor authentication as part of its login process. Image: Hold Security.

Banking 279
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Sendgrid Under Siege from Hacked Accounts

Krebs on Security

Email service provider Sendgrid is grappling with an unusually large number of customer accounts whose passwords have been cracked, sold to spammers, and abused for sending phishing and email malware attacks. “And I just am not seeing anything this egregious in terms of viruses and spams from the other email service providers.”

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Is Your Chip Card Secure? Much Depends on Where You Bank

Krebs on Security

-based merchants suggest thieves are exploiting weaknesses in how certain financial institutions have implemented the technology to sidestep key chip card security features and effectively create usable, counterfeit cards. Newer, chip-based cards employ a technology known as EMV that encrypts the account data stored in the chip.

Banking 363