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Cybercrime Rapper Sues Bank over Fraud Investigation

Krebs on Security

In January, KrebsOnSecurity wrote about rapper Punchmade Dev , whose music videos sing the praises of a cybercrime lifestyle. That story showed how Punchmade’s social media profiles promoted Punchmade-themed online stores selling bank account and payment card data. PNC Bank did not respond to a request for comment.

Banking 261
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How Does One Get Hired by a Top Cybercrime Gang?

Krebs on Security

This post explores answers to those questions, as well as some of the ways Trickbot and other organized cybercrime gangs gradually recruit, groom and trust new programmers. Alla Witte’s personal website — allawitte[.]nl nl — circa October 2018. 6 in Miami, Fla. Image: DOJ.

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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.

Banking 260
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From Cybercrime Saul Goodman to the Russian GRU

Krebs on Security

In 2021, the exclusive Russian cybercrime forum Mazafaka was hacked. Launched in 2001 under the tagline “Network terrorism,” Mazafaka would evolve into one of the most guarded Russian-language cybercrime communities. Mark Rasch , a former cybercrime prosecutor for the U.S. As well as the cost of my services.”

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Inside ‘Evil Corp,’ a $100M Cybercrime Menace

Krebs on Security

Justice Department this month offered a $5 million bounty for information leading to the arrest and conviction of a Russian man indicted for allegedly orchestrating a vast, international cybercrime network that called itself “ Evil Corp ” and stole roughly $100 million from businesses and consumers. Our client — XYZ Corp.

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Banks Attacked through Malicious Hardware Connected to the Local Network

Schneier on Security

Kaspersky is reporting on a series of bank hacks -- called DarkVishnya -- perpetrated through malicious hardware being surreptitiously installed into the target network: In 2017-2018, Kaspersky Lab specialists were invited to research a series of cybertheft incidents. Each attack can be divided into several identical stages.

Banking 247
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Billion Dollar CyberSecurity Annual Budgets Have Arrived

Joseph Steinberg

Major American banks and various other parties serving them are each spending $1 Billion per year on cybersecurity, according to Bank of America’s CEO, Brian Moynihan.