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Store manager admits SIM swapping his customers

Malwarebytes

For that reason, SIM swapping can be used to get around two-factor authentication (2FA) codes sent by SMS message. He was paid in Bitcoin, which was traced back to Katz’s cryptocurrency account. If you fall victim to a SIM hijacking attempt, change the passwords for services like your online banking and email immediately.

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How Cybercriminals Use Stolen Personal Data for Tax Fraud

Identity IQ

This means a criminal might have purchased your bank account details and tax documents online and then have authenticated access to your bank account. When the IRS deposits money into your bank account, the criminal can transfer the money into an untraceable cryptocurrency wallet. Monitor Your Personal Data.

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Two men arrested for stealing $550,000 in cryptocurrency with Sim Swapping

Security Affairs

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.

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Cybercriminals Implemented Artificial Intelligence (AI) for Invoice Fraud

Security Affairs

Resecurity has uncovered a cybercriminal faction known as “ GXC Team “, who specializes in crafting tools for online banking theft, ecommerce deception, and internet scams. Upon detection, it alters the banking information of the intended recipient (like the victim’s supplier) to details specified by the perpetrator.

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Nine Charged in Alleged SIM Swapping Ring

Krebs on Security

million stealing cryptocurrencies and extorting people for restoring access to social media accounts that were hijacked after a successful SIM-swap. They face a fifteen count indictment, including charges of wire fraud, conspiracy and aggravated identity theft (a charge that carries a mandatory two-year sentence).

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The Origins and History of the Dark Web

Identity IQ

Transactions on the dark web are typically conducted using cryptocurrencies such as Bitcoin to maintain anonymity. You probably use the deep web all the time — examples may include bank accounts, your email, and login-restricted content such as news or streaming entertainment.

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How to Spot a Fake Robinhood Email

SecureWorld News

Robinhood is an increasingly popular trading app where you can buy and sell stocks, as well as cryptocurrency. Phishing attempts come via email where scammers use different social engineering tactics to pose as a reputable sender like the IRS, your bank or brokerage firm. But it is also popular with hackers and cybercriminals, too.