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Fla. Man Charged in SIM-Swapping Spree is Key Suspect in Hacker Groups Oktapus, Scattered Spider

Krebs on Security

In each attack, the victims saw their email and financial accounts compromised after suffering an unauthorized SIM-swap, wherein attackers transferred each victim’s mobile phone number to a new device that they controlled. Prosecutors say Noah Michael Urban of Palm Coast, Fla., Twilio disclosed in Aug. According to an Aug.

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The Risk of Weak Online Banking Passwords

Krebs on Security

If you bank online and choose weak or re-used passwords, there’s a decent chance your account could be pilfered by cyberthieves — even if your bank offers multi-factor authentication as part of its login process. Crooks are constantly probing bank Web sites for customer accounts protected by weak or recycled passwords.

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Hackers shifting cybercrime focus towards smart phones and tablets

CyberSecurity Insiders

But after the spread of the Covid-19 pandemic, the focus of hackers has shifted more towards the smart phones with more phishing and social engineering attacks recorded in a 2nd quarter of 2022. The post Hackers shifting cybercrime focus towards smart phones and tablets appeared first on Cybersecurity Insiders.

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Wanted: Disgruntled Employees to Deploy Ransomware

Krebs on Security

“According to this actor, he had originally intended to send his targets—all senior-level executives—phishing emails to compromise their accounts, but after that was unsuccessful, he pivoted to this ransomware pretext,” Hassold wrote. billion in 2020. Image: FBI. Open our letter at your email. ” Image: Sophos.

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Cybercrime is on the Rise – Here are Some Easy Ways to Protect Yourself

Identity IQ

The recent Verizon Data Breach Investigations report shows that global cybercrime is on the rise. Cybercrime Report Data. When you try to open these links or attachments using your username and password, the hackers can get your credentials or gain access to the company’s intellectual property.

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Account Takeover: What is it and How to Prevent It?

Identity IQ

What is Account Takeover? Account takeover, also known as ATO, is a form of identity theft in which a malicious third party gains access to or “takes over” an online account. One of the primary reasons behind this massive rise in account takeover is the relative ease with which it can be done. Account Takeover Prevention.

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Known ransomware attacks up 68% in 2023

Malwarebytes

Known ransomware attacks July 2022 – December 2023 Big Game ransomware is just one part of a thriving and highly organized cybercrime business—a multi-billion-dollar mirror to the legitimate economy it feeds off. And like broader, law-abiding “Business” at large, cybercrime has settled on a collection of tools that work.