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Two Russians Charged in $17M Cryptocurrency Phishing Spree

Krebs on Security

authorities today announced criminal charges and financial sanctions against two Russian men accused of stealing nearly $17 million worth of virtual currencies in a series of phishing attacks throughout 2017 and 2018 that spoofed websites for some of the most popular cryptocurrency exchanges. Separately, the U.S.

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Your Small Business Cybersecurity Guide to the Most Common Cyberthreats

SiteLock

However, the truth is that businesses of all sizes hold valuable data in their hands, and cybercriminals work to create new sophisticated attack methods to acquire this information. An unfortunate reality for SMBs is that 43% of all cyberattacks target small businesses. Distributed denial of service.

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Russian-speaking cybercrime evolution: What changed from 2016 to 2021

SecureList

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. These services, too, have been outsourced.

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Canada Charges Its “Most Prolific Cybercriminal”

Krebs on Security

And a lot of these were small businesses that were just holding on by their fingernails during COVID.” There is a now-dormant Myspace account for a Matthew Philbert from Orleans, a suburb of Ottawa, Ontario. The information tied to the Myspace account matches the age and town of the defendant. ” A DARK CLOUD.

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GUEST ESSAY: These advanced phishing tactics should put all businesses on high alert

The Last Watchdog

According to a new study, phishing attacks rose 61 percent in 2022, with cryptocurrency fraud increasing 257 percent year-over-year. Here are four new phishing trends keeping businesses on their toes. Because the address comes across as an internal team member, people trust them, ultimately exposing themselves to cybercrime.

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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. billion in 2019 to $4.2 billion in 2020. Phishing Scams.

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Security Affairs newsletter Round 341

Security Affairs

Follow me on Twitter: @securityaffairs and Facebook. Pierluigi Paganini. SecurityAffairs – hacking, newsletter).

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