Remove Accountability Remove Computers and Electronics Remove Cybercrime Remove Identity Theft
article thumbnail

Swiss expert Till Kottmann indicted for conspiracy, wire fraud, and aggravated identity theft

Security Affairs

Department of Justice announced that Swiss hacker Till Kottmann, 21, has been indicted for conspiracy, wire fraud, and aggravated identity theft. According to BleepingComputer , Kottmann has performed reverse engineering of the firmware used by Verkada and discovered hardcoded credentials for a super admin account.

article thumbnail

Confessions of an ID Theft Kingpin, Part I

Krebs on Security

At the height of his cybercriminal career, the hacker known as “ Hieupc ” was earning $125,000 a month running a bustling identity theft service that siphoned consumer dossiers from some of the world’s top data brokers. That is, until his greed and ambition played straight into an elaborate snare set by the U.S.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Alexander Vinnik, the operator of BTC-e exchange, pleaded guilty to money laundering

Security Affairs

The virtual currency exchange received criminal proceeds from various illegal activities, including computer intrusions, ransomware attacks, identity theft, corruption, and drug distribution. Vinnik set up numerous such shell companies and financial accounts across the globe to allow BTC-e to conduct its business.”

article thumbnail

Here Are the Top 3 Online Scams and How to Avoid Them

Identity IQ

The recent Federal Bureau of Investigations Internet Crime Report shows that cybercrime has spiked, leaving hundreds of thousands of victims and costing more than $4 billion. Phishing scams accounted for 241,342 complaints in the report, generating $54 million in total damages. Keep your computer safe and virus-free.

Scams 110
article thumbnail

Me on the Equifax Breach

Schneier on Security

I am a board member of the Electronic Frontier Foundation, AccessNow, and the Tor Project; and an advisory board member of Electronic Privacy Information Center and VerifiedVoting.org. As a result, all 143 million US victims are at greater risk of identity theft, and will remain at risk for years to come.

article thumbnail

The Impact of COVID-19 on Security

Security Through Education

” “Cybercrime apparently cost the world over $1 trillion in 2020.” The pandemic is providing the perfect cover for cybercrime, as can be seen in the alarming statistic from First Orion that criminals were able to get 270% more personal information in 2020 than in 2019 via vishing or phone scams. COVID-19 Scams.

Scams 92
article thumbnail

Cyber CEO: The History Of Cybercrime, From 1834 To Present

Herjavec Group

We can learn a lot from the cybercrime of the past…the history of cybercrime is a glimpse into what we can expect in the future. In the past 18 months, we’ve experienced the beginning of an era that has seen cybersecurity and cybercrime at the center of it all. Dateline Cybercrime . Dateline Cybercrime .