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How Cryptocurrency Turns to Cash in Russian Banks

Krebs on Security

A financial firm registered in Canada has emerged as the payment processor for dozens of Russian cryptocurrency exchanges and websites hawking cybercrime services aimed at Russian-speaking customers, new research finds. A machine-translated version of Flymoney, one of dozens of cryptocurrency exchanges apparently nested at Cryptomus.

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U.S. Sanctions Cloud Provider ‘Funnull’ as Top Source of ‘Pig Butchering’ Scams

Krebs on Security

Pig butchering is a rampant form of fraud wherein people are lured by flirtatious strangers online into investing in fraudulent cryptocurrency trading platforms. The agency said Funnull directly facilitated pig butchering and other schemes that resulted in more than $200 million in financial losses by Americans.

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Security Affairs newsletter Round 493 by Pierluigi Paganini – INTERNATIONAL EDITION

Security Affairs

CISA adds Windows and Qualcomm bugs to its Known Exploited Vulnerabilities catalog Three new Ivanti CSA zero-day actively exploited in attacks Ukrainian national pleads guilty in U.S. Every week the best security articles from Security Affairs are free in your email box.

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Security Affairs newsletter Round 496 by Pierluigi Paganini – INTERNATIONAL EDITION

Security Affairs

Chinese threat actors use Quad7 botnet in password-spray attacks FBI arrested former Disney World employee for hacking computer menus and mislabeling allergy info Sophos details five years of China-linked threat actors’ activity targeting network devices worldwide PTZOptics cameras zero-days actively exploited in the wild New LightSpy spyware (..)

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Hackers breached four prominent underground cybercrime forums

Security Affairs

A suspicious wave of attacks resulted in the hack of four cybercrime forums Verified, Crdclub, Exploit, and Maza since January. Since January, a series of mysterious cyberattacks that resulted in the hack of popular Russian-language cybercrime forums. No other information looked to be compromised in the attack.”

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The worst cyber attacks of 2021

Security Affairs

Which are the cyber attacks of 2021 that had the major impact on organizations worldwide in terms of financial losses and disruption of the operations? Bloomberg was informed about the payment by two people familiar with the attack. SecurityAffairs – hacking, cyber attacks). The pipeline allows carrying 2.5

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Singapore Police arrest six men allegedly involved in a cybercrime syndicate

Security Affairs

The Singapore Police Force (SPF) has arrested six individuals for their role in the operations of a cybercrime ring in the country. The Singapore Police Force (SPF) arrested five Chinese nationals, aged 32 to 42, and a 34-year-old Singaporean man for the alleged involvement in illegal cyber activities in the country.