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Cryptocurrencies and cybercrime: A critical intermingling

Security Affairs

As cryptocurrencies have grown in popularity, there has also been growing concern about cybercrime involvement in this sector Cryptocurrencies have revolutionized the financial world, offering new investment opportunities and decentralized transactions.

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CryptoCore hacker group stole over $200M from cryptocurrency exchanges

Security Affairs

The CryptoCore hacker group that is believed to be operating out of Eastern Europe has stolen around $200 million from online cryptocurrency exchanges. Experts from ClearSky states that a hacker group tracked as CryptoCore, which is believed to be operating out of Eastern Europe, has stolen around $200 million from cryptocurrency exchanges.

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

Krebs on Security

authorities arrested a 19-year-old Florida man charged with wire fraud, aggravated identity theft, and conspiring with others to use SIM-swapping to steal cryptocurrency. The missives asked users to click a link and log in at a phishing page that mimicked their employer’s Okta authentication page. 9, 2024, U.S. According to an Aug.

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Phorpiex botnet sent millions of phishing emails to deliver LockBit Black ransomware

Security Affairs

Password Management : Use strong, unique passwords and implement multi-factor authentication (MFA) whenever possible, prioritizing authentication apps or hardware tokens over SMS text-based codes. Reference the provided resources for establishing DMARC authentication.

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Mastermind behind 1.8 million cryptojacking scheme arrested in Ukraine

Security Affairs

million) worth of cryptocurrencies via mining activities. million) in cryptocurrencies.” million) in cryptocurrencies.” In cryptojacking scheme, threat actors gain unauthorized access to a cloud environment and abuse its computational power to mine cryptocurrencies. ” continues the press release. .”

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Kroll Employee SIM-Swapped for Crypto Investor Data

Krebs on Security

Security consulting giant Kroll disclosed today that a SIM-swapping attack against one of its employees led to the theft of user information for multiple cryptocurrency platforms that are relying on Kroll services in their ongoing bankruptcy proceedings. ” T-Mobile has not yet responded to requests for comment.

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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. Pierluigi Paganini.