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How Cryptocurrency Turns to Cash in Russian Banks

Krebs on Security

A financial firm registered in Canada has emerged as the payment processor for dozens of Russian cryptocurrency exchanges and websites hawking cybercrime services aimed at Russian-speaking customers, new research finds. wtf, and PQHosting ; -sites selling aged email, financial, or social media accounts, such as verif[.]work

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How to Lose a Fortune with Just One Bad Click

Krebs on Security

Adam Griffin is still in disbelief over how quickly he was robbed of nearly $500,000 in cryptocurrencies. Griffin is a battalion chief firefighter in the Seattle area, and on May 6 he received a call from someone claiming they were from Google support saying his account was being accessed from Germany.

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Feds Charge Five Men in ‘Scattered Spider’ Roundup

Krebs on Security

That Joeleoli moniker registered on the cybercrime forum OGusers in 2018 with the email address joelebruh@gmail.com , which also was used to register accounts at several websites for a Joel Evans from North Carolina. According to prosecutors, the group mainly sought to steal cryptocurrency from victim companies and their employees.

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Hackers Exploit Zoom's Remote Control Feature in Cryptocurrency Heists

SecureWorld News

A sophisticated cybercrime campaign, dubbed Elusive Comet , has been uncovered, in which North Korean threat actors are exploiting Zoom's remote control feature to infiltrate the systems of cryptocurrency professionals. The research behind the discovery was released by Security Alliance , which tracked and analyzed the campaign.

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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.

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Meta takes down more than 2 million accounts in fight against pig butchering

Malwarebytes

Meta provided insight this week into the company’s efforts in taking down more than 2 million accounts that were connected to pig butchering scams on their owned platforms, Facebook and Instagram. Once the victim places enough trust in the scammer, they bring the victim into a cryptocurrency investment scheme.

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Fake Gaming and AI Firms Push Malware on Cryptocurrency Users via Telegram and Discord

The Hacker News

Cryptocurrency users are the target of an ongoing social engineering campaign that employs fake startup companies to trick users into downloading malware that can drain digital assets from both Windows and macOS systems.