CyberSecurity Insiders

JUNE 19, 2023

While cryptocurrencies have been celebrated for their potential to revolutionize finance, their anonymous nature has also been exploited for illicit activities. From drug dealing and arms trafficking to funding terrorism, black market activities have thrived under the cloak of cryptocurrency’s pseudonymity.

Cryptocurrency 101

Cryptocurrency Technology Banking Cybercrime 101

Krebs on Security

JANUARY 18, 2021

Joker’s Stash , by some accounts the largest underground shop for selling stolen credit card and identity data, says it’s closing up shop effective mid-February 2021. The announcement came on the heels of a turbulent year for the major cybercrime store, and just weeks after U.S. 15 or forfeit those funds.

Marketing 243

Marketing Cybercrime Accountability Cryptocurrency 243

eSecurity Planet

DECEMBER 21, 2021

Cryptocurrency Fuels Ransomware. One constant in all this will be cryptocurrency, the coin of the realm when it comes to ransomware. Cryptocurrency really is fueling this in a sense. … If you were to take cryptocurrency away from that, they don’t have a convenient digital platform.

Cryptocurrency 140

Cryptocurrency Ransomware Cybercrime Social Engineering 140

Security Affairs

AUGUST 4, 2023

The couple pleaded guilty to money laundering charges in connection with the hack of the cryptocurrency stock exchange Bitfinex that took place in 2016. Billion in stolen cryptocurrency stolen during the 2016 hack of Bitfinex. billion in cryptocurrency (roughly 95,000 of the stolen crypto assets) linked to that hack.

Cryptocurrency 88

Cryptocurrency Hacking Accountability Banking 88

Schneier on Security

JULY 26, 2021

This is where the suggestion to ban cryptocurrencies as a way to “solve” ransomware comes from. Lee Reiners, executive director of the Global Financial Markets Center at Duke Law, proposed this in a recent Wall Street Journal op-ed. In this light, banning cryptocurrencies like bitcoin is an obvious solution.

Ransomware 363

Ransomware Cryptocurrency Banking Accountability 363

SC Magazine

JUNE 28, 2021

A technician inspects the backside of a cryptocurrency mining farm in Saint Hyacinthe, Quebec. Cryptocurrency is famously anonymous, but evading capture is not the only reason cryptocurrency is the go-to payment solution for ransomware. First, understanding the role of cryptocurrency in ransomware. Would it work?

Cryptocurrency 92

Cryptocurrency Ransomware Banking Cybercrime 92

Security Affairs

JUNE 8, 2022

. “The SSNDOB administrators created advertisements on darkweb criminal forums for the Marketplace’s services, provided customer support functions, and regularly monitored the activities of the sites, including monitoring when purchasers deposited money into their accounts.” ” reads the press release published by DoJ.

Cybercrime 91

Cybercrime Cryptocurrency Marketing Advertising 91

Security Affairs

NOVEMBER 22, 2022

Two Estonian citizens were arrested in Tallinn for allegedly running a $575 million cryptocurrency fraud scheme. Two Estonian nationals were arrested in Tallinn, Estonia, after being indicted in the US for running a fraudulent cryptocurrency Ponzi scheme that caused more than $575 million in losses. ” continues the DoJ.

Cryptocurrency 85

Cryptocurrency Banking Marketing Hacking 85

SC Magazine

JUNE 28, 2021

A technician inspects the backside of a cryptocurrency mining farm in Saint Hyacinthe, Quebec. Cryptocurrency is famously anonymous, but evading capture is not the only reason cryptocurrency is the go-to payment solution for ransomware. First, understanding the role of cryptocurrency in ransomware. Would it work?

Cryptocurrency 69

Cryptocurrency Ransomware Banking Cybercrime 69

SecureWorld News

FEBRUARY 9, 2022

billion in stolen cryptocurrency linked to a 2016 hack of virtual currency exchange platform Bitfinex, making it the largest seizure of its kind. The total amount of cryptocurrency the two were laundering is currently valued at approximately $4.5 based business accounts to legitimize their banking activity.".

Cryptocurrency 82

Cryptocurrency Accountability Banking Hacking 82

Krebs on Security

NOVEMBER 2, 2023

One of the largest cybercrime services for laundering stolen merchandise was hacked recently, exposing its internal operations, finances and organizational structure. Among the most common ways that thieves extract cash from stolen credit card accounts is through purchasing pricey consumer goods online and reselling them on the black market.

Cybercrime 272

Cybercrime Marketing Scams Retail 272

SecureWorld News

AUGUST 19, 2021

Department of Justice (DOJ) announced that an Ohio resident, Larry Dean Harmon, pleaded guilty to money laundering through the use of Helix, a Dark Web cryptocurrency laundering service. Cybercriminal mixes millions of dollars in cryptocurrency. He admitted his role today in these activities and will now be held accountable.".

Cryptocurrency 97

Cryptocurrency Marketing Advertising Engineering 97

Krebs on Security

DECEMBER 14, 2023

That reporting was based on clues from an early Russian cybercrime forum in which a hacker named Rescator — using the same profile image that Rescator was known to use on other forums — claimed to have originally been known as “Helkern,” the nickname chosen by the administrator of a cybercrime forum called Darklife.

Cybercrime 226

Cybercrime Accountability Advertising Computers and Electronics 226

Krebs on Security

OCTOBER 31, 2022

A 26-year-old Ukrainian man is awaiting extradition from The Netherlands to the United States on charges that he acted as a core developer for Raccoon , a popular “malware-as-a-service” offering that helped paying customers steal passwords and financial data from millions of cybercrime victims. According to the U.S. Image: USDOJ.

Malware 292

Malware Identity Theft Cybercrime Accountability 292

Security Affairs

DECEMBER 8, 2023

Anatoly Legkodymov, the founder of the Bitzlato cryptocurrency exchange has pleaded in a money-laundering scheme. Anatoly Legkodymov (41) (aka Anatolii Legkodymov, Gandalf, and Tolik), the Russian founder of the unlicensed Bitzlato cryptocurrency exchange, has pleaded guilty in a money-laundering scheme.

Cryptocurrency 93

Cryptocurrency Marketing Advertising Hacking 93

Security Affairs

FEBRUARY 8, 2022

billion worth of cryptocurrency linked to the 2016 Bitfinex cryptocurrency exchange hack. Billion in stolen cryptocurrency stolen during the 2016 hack of Bitfinex. billion in cryptocurrency linked to that hack. based business accounts to legitimize activity. The law enforcement seized $3.6

Cryptocurrency 82

Cryptocurrency Hacking Accountability Marketing 82

SecureList

OCTOBER 20, 2021

Having been in the field for so long, we have witnessed some major changes in the cybercrime world’s modus operandi. This report shares our insights into the Russian-speaking cybercrime world and the changes in how it operates that have happened in the past five years. Vulnerabilities market got a remake.

Cybercrime 139

Cybercrime Banking Malware Ransomware 139

Krebs on Security

JULY 21, 2022

“It’s run by a fraud ring of cryptocurrency scammers who mine dating apps and other social media for victims and the scam is becoming alarmingly popular.” Many of these platforms include extensive study materials and tutorials on cryptocurrency investing. The now-defunct homepage of xtb-market[.]com,

Scams 303

Scams Cryptocurrency Marketing Internet 303

Security Affairs

OCTOBER 15, 2022

The threat actors target individuals and employees that may have access to a Facebook Business account, they use an information-stealer malware that steals browser cookies and abuse authenticated Facebook sessions to steal information from the victim’s Facebook account. Like older versions (.NetCore), mediafire[.]com), mediafire[.]com),

Accountability 126

Accountability Malware Cryptocurrency Media 126

Krebs on Security

DECEMBER 29, 2022

Here’s a look at some of the more notable cybercrime stories from the past year, as covered by KrebsOnSecurity and elsewhere. Internal Revenue Service website for months: Anyone seeking to create an account to view their tax records online would soon be required to provide biometric data to a private company in Virginia — ID.me.

Cryptocurrency 232

Cryptocurrency Cybercrime Computers and Electronics Scams 232

Security Affairs

MAY 3, 2019

German police have shut down one of the world’s largest black marketplace in the darkweb, the ‘Wall Street Market,’ and arrested its operators. Many Finnish narcotics sellers moved to the Wall Street Market. ” The anonymity of the payment was ensured by using Bitcoin and Monero cryptocurrencies. .”

Marketing 91

Marketing Cryptocurrency Cybercrime Advertising 91

Krebs on Security

MARCH 9, 2023

A Croatian national has been arrested for allegedly operating NetWire , a Remote Access Trojan (RAT) marketed on cybercrime forums since 2012 as a stealthy way to spy on infected systems and siphon passwords. Prior to the demise of Google+ , the email address dugidox@gmail.com mapped to an account with the nickname “ Netwire wwl.”

DNS 249

DNS Cybercrime Passwords Accountability 249

Security Boulevard

MAY 27, 2022

The Exfiltration Phase of The Kill Chain of a Cryptocurrency-Based Attack Provides the Greatest Opportunity to Identify Cybercriminals. Cryptocurrency gained through illicit means is less useable than other assets due to the way cryptocurrency systems currently do not fully protect owner identity and allow for only limited liquidity.

Cryptocurrency 59

Cryptocurrency Risk Marketing Architecture 59

Security Affairs

NOVEMBER 15, 2019

On Thursday, US authorities arrested two crooks charging them with stealing $550,000 in cryptocurrency from at least 10 victims using SIM swapping. American law enforcement has declared war to sim swapping scammers and announced the arrest of two individuals for stealing $550,000 in Cryptocurrency. In May, the U.S.

Cryptocurrency 81

Cryptocurrency Identity Theft Accountability Media 81

SecureWorld News

MARCH 16, 2023

Cryptocurrency has become a popular way to conduct transactions online, but it has also become a popular tool for cybercriminals. One of the ways they have been able to use crypto to their advantage is through the use of cryptocurrency mixers. One of the largest cryptocurrency mixers in the world is, or rather was , ChipMixer.

Cryptocurrency 78

Cryptocurrency Identity Theft Marketing Cybercrime 78

Security Boulevard

AUGUST 2, 2022

Current threat actor activity is incentivized by a broad attack surface represented through high volumes of users and systems, and high potential profits represented through the variety of cryptocurrency offerings. It is easy to detect and block things like malicious cryptocurrency apps or crypto-phishing websites.

Cryptocurrency 98

Cryptocurrency Ransomware Government Risk 98

Krebs on Security

AUGUST 16, 2022

Earlier this month, the administrator of the cybercrime forum Breached received a cease-and-desist letter from a cybersecurity firm. Such responses generally accomplish nothing, except unnecessarily upping the stakes for everyone involved while displaying a dangerous naiveté about how the cybercrime underground works.

Data breaches 262

Data breaches Banking Cybercrime Marketing 262

Security Affairs

MAY 6, 2024

Alexander Vinnik , a Russian national, pleaded guilty to conspiracy to commit money laundering for his involvement in operating the cryptocurrency exchange BTC-e from 2011 to 2017. Greek Police arrested the Russian national in 2017, and they accused the man of running the BTC-e Bitcoin exchange to launder billions worth of cryptocurrency.

Cryptocurrency 95

Cryptocurrency Computers and Electronics Identity Theft Hacking 95

SecureList

NOVEMBER 23, 2021

The COVID-19 pandemic is likely to cause a massive wave of poverty, and that invariably translates into more people resorting to crime, including cybercrime. We should expect more fraud, targeting mostly BTC , because this cryptocurrency is the most popular. Cracking down hard on the cybercrime world.

Cryptocurrency 108

Cryptocurrency Banking Cybercrime Ransomware 108

Security Affairs

APRIL 9, 2023

billion rubles. Nominate here: [link] Follow me on Twitter: @securityaffairs and Facebook and Mastodon Pierluigi Paganini ( SecurityAffairs – hacking, newsletter newsletter) The post Security Affairs newsletter Round 414 by Pierluigi Paganini – International edition appeared first on Security Affairs.

Computers and Electronics 80

Computers and Electronics Backups Cybercrime Marketing 80

SecureList

MAY 6, 2024

With trillions of dollars of digital payments made every year, it is no wonder that attackers target electronic wallets, online shopping accounts and other financial assets, inventing new techniques and reusing good old ones. Online shopping brands were the most popular lure, accounting for 41.65% of financial phishing attempts.

Phishing 97

Phishing Banking Mobile Scams 97

Security Affairs

AUGUST 6, 2023

Reptile Rootkit employed in attacks against Linux systems in South Korea New PaperCut flaw in print management software exposes servers to RCE attacks A cyberattack impacted operations of multiple hospitals in several US states Married couple pleaded guilty to laundering billions in cryptocurrency stolen from Bitfinex in 2016 Malicious packages in (..)

Malware 76

Malware Cybercrime Cryptocurrency Social Engineering 76

Malwarebytes

JANUARY 20, 2023

The US Department of Justice (DOJ) has released information about the arrest of Anatoly Legkodymov, the founder and majority owner of a cryptocurrency exchange called Bitzlato, on money laundering charges. What made Bitzlato popular among criminals was the fact that it marketed itself as requiring minimal identification from its users.

Ransomware 80

Ransomware Cryptocurrency Accountability Cybercrime 80

Security Affairs

APRIL 14, 2024

Last week, the FBI arrested Edmond Chakhmakhchyan, 24, of Van Nuys, on charges of marketing and selling the RAT. When informed that the target had significant cryptocurrency and project files, Chakhmakhchyan agreed to sell the Hive RAT. ” reported the DoJ. ” continues DoJ.

Computers and Electronics 107

Computers and Electronics Advertising Cryptocurrency Malware 107

SecureWorld News

APRIL 5, 2022

The Bundeskriminalamt (BKA), Germany's Federal Criminal Police Office, announced today the successful shutdown of Hydra Market, the largest illegal darknet marketplace in the world. Hydra accounted for 80% of all darknet market-related cryptocurrency transactions in 2021, according to the U.S. billion in cryptocurrency.

Cryptocurrency 98

Cryptocurrency Marketing Accountability Advertising 98

Krebs on Security

JULY 29, 2022

Residential proxy services are often marketed to people seeking the ability to evade country-specific blocking by the major movie and media streaming providers. ” At this announcement, all hell broke loose on various cybercrime forums, where many longtime 911 customers reported they were unable to use the service.

Cybercrime 261

Cybercrime Software VPN Backups 261

Security Affairs

NOVEMBER 6, 2018

Group-IB and Swiss insurance broker ASPIS that owns CryptoIns project, have developed the world’s first scoring model for assessing cryptocurrency exchanges. According to CryptoIns analysts, the crypto assets insurance market is expected to reach $7 billion by 2023. The full list of platforms is available on CryptoIns website.

Insurance 61

Insurance Cryptocurrency Cyber threats Marketing 61