Krebs on Security

APRIL 30, 2020

In a report published today, the company said since late March 2020 it has observed several crooks complaining about COVID-19 interfering with the daily activities of their various money mules (people hired to help launder the proceeds of cybercrime). ” Alex Holden , founder and CTO of Hold Security , agreed. .

Cybercrime 306

Cybercrime Computers and Electronics Marketing Scams 306

Krebs on Security

OCTOBER 25, 2018

According to the most recent statistics from the FBI ‘s Internet Crime Complaint Center , the most costly form of cybercrime stems from a complex type of fraud known as the “ B usiness E mail C ompromise” or BEC scam. Something like 63 percent of fraud losses reported to the FBI are related to it.

Scams 184

Scams Accountability Media Banking 184

Krebs on Security

NOVEMBER 6, 2018

The force was originally created to tackle a range of cybercrimes, but Tarazi says SIM swappers are a primary target now for two reasons. Rose said even though a successful SIM swap often gives the perpetrator access to traditional bank accounts, the attackers seem to be mainly interested in stealing cryptocurrencies.

Mobile 235

Mobile Cryptocurrency Accountability Passwords 235

Krebs on Security

FEBRUARY 25, 2021

Much of this fraud exploits weak authentication methods used by states that have long sought to verify applicants using static, widely available information such as Social Security numbers and birthdays. Many states also lacked the ability to tell when multiple payments were going to the same bank accounts. protections.

Scams 311

Scams Insurance DDOS Authentication 311