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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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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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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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FBI: Investment Scams Surpass BEC as Most Costly Cybercrime

SecureWorld News

Alright, how many of you saw a cryptocurrency ad on TV in 2022? Now the important question: how many of you got scammed in some sort of way by cryptocurrency or another type of investment? The report shows that phishing schemes were the most common type of cybercrime reported by victims in 2022, with 300,497 complaints.

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BunnyLoader, a new Malware-as-a-Service advertised in cybercrime forums

Security Affairs

Cybersecurity researchers spotted a new malware-as-a-service (MaaS) called BunnyLoader that’s appeared in the threat landscape. Zscaler ThreatLabz researchers discovered a new malware-as-a-service (MaaS) that is called BunnyLoader, which has been advertised for sale in multiple cybercrime forums since September 4, 2023.

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The Cost of Cybercrime

Schneier on Security

Really interesting paper calculating the worldwide cost of cybercrime: Abstract: In 2012 we presented the first systematic study of the costs of cybercrime. Several new cybercrimes are significant enough to mention, including business email compromise and crimes involving cryptocurrencies. and more on response.

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Crooks hacked Mandiant X account to push cryptocurrency scam

Security Affairs

The X account of cybersecurity giant Mandiant was hacked, attackers used it to impersonate the Phantom crypto wallet and push a cryptocurrency scam. Crooks hacked the X account of cybersecurity firm Mandiant and used it to impersonate the Phantom crypto platform and share a cryptocurrency scam.

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