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Cryptocurrencies: How have they influenced cybercrime?

Security Boulevard

Cryptocurrencies have now been around for over a decade. However, along with the rise in popularity of cryptocurrencies, there has also been a rise in the use of cryptocurrencies for cybercrime. The post Cryptocurrencies: How have they influenced cybercrime? Why is that?

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Russian cybercrime forums launch contests for cryptocurrency hacks

Security Affairs

Cybercriminals in Russian underground forums have been invited to take part in competitions for hacking cryptocurrency and NFT. Several Russian underground forums have launched competitions for hacking cryptocurrency schema and Non-fungible token (NFT). SecurityAffairs – hacking, cryptocurrency hack). Pierluigi Paganini.

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How Cryptocurrency and Cybercrime Trends Influence One Another

Webroot

Typically, when cryptocurrency values change, one would expect to see changes in crypto-related cybercrime. As we see cryptocurrency values rise and fall, how should we interpret shifts in the threats we can expect to see? The post How Cryptocurrency and Cybercrime Trends Influence One Another appeared first on Webroot Blog.

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Two Russians Charged in $17M Cryptocurrency Phishing Spree

Krebs on Security

authorities today announced criminal charges and financial sanctions against two Russian men accused of stealing nearly $17 million worth of virtual currencies in a series of phishing attacks throughout 2017 and 2018 that spoofed websites for some of the most popular cryptocurrency exchanges. Separately, the U.S.

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Europol Dismantled a Cybercrime Ring Involved in Cryptocurrency Scams

Heimadal Security

Authorities from Bulgaria, Cyprus, Germany, and Serbia, with help from Europol and Eurojust, worked together to break up a cybercrime ring that was involved in online investment fraud. The post Europol Dismantled a Cybercrime Ring Involved in Cryptocurrency Scams appeared first on Heimdal Security Blog.

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The law enforcement operations targeting cybercrime in 2023

Bleeping Computer

In 2023, we saw numerous law enforcement operations targeting cybercrime operations, including cryptocurrency scams, phishing attacks, credential theft, malware development, and ransomware attacks. [.]

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Moldovan citizen sentenced in connection with the E-Root cybercrime marketplace case

Security Affairs

US DoJ sentenced a Moldovan national (31) to 42 months in federal prison for operating the E-Root cybercrime marketplace. Diaconu was operating the E-Root cybercrime marketplace. ” The marketplace allowed buyers to pay using cryptocurrency exchange and online payment system Perfect Money.