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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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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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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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AI Risks

Schneier on Security

Reading the headlines, one would hope that the rapid gains in AI technology have also brought forth a unifying realization of the risks—and the steps we need to take to mitigate them. Some are concerned about far-future risks that sound like science fiction. AI could destroy humanity or pose a risk on par with nukes.

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Everything You Need to Know About Crypto

Speaker: Ryan McInerny, CAMS, FRM, MSBA - Principal, Product Strategy

Cryptocurrency and non-fungible tokens (NFTs) - what are they and why should you care? With 20% of Americans owning cryptocurrencies, speaking "fluent crypto" in the financial sector ensures you are prepared to discuss growth and risk management strategies when the topic arises.

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Cryptocurrency trading bots: Strengthening Cybersecurity and minimizing risks

CyberSecurity Insiders

billion in cryptocurrency was stolen by criminals in 2020, a recent report by Finaria reveals. Now, crypto trading bots have become popular in the cryptocurrency world: software that automatically trades on exchanges on your behalf. This blog was written by an independent guest blogger. A staggering $1.9 API security. Read full post.

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“Can you try a game I made?” Fake game sites lead to information stealers

Malwarebytes

The archives are offered for download on various locations like Dropbox, Catbox, and often on the Discord content delivery network (CDN), by using compromised accounts which add extra credibility. One of the main interests for the stealers seem to be Discord credentials which can be used to expand the network of compromised accounts.

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