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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 is based on 800,944 complaints of suspected internet crime reported to the FBI last year, with losses exceeding $10.3

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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. Buyers could search for credentials by desired criteria, such as price, geographic location, internet service provider, and operating system.”

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U.S. Hacks QakBot, Quietly Removes Botnet Infections

Krebs on Security

government today announced a coordinated crackdown against QakBot , a complex malware family used by multiple cybercrime groups to lay the groundwork for ransomware infections. Researchers at AT&T Alien Labs say the crooks responsible for maintaining the QakBot botnet have rented their creation to various cybercrime groups over the years.

Hacking 253
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No, I Did Not Hack Your MS Exchange Server

Krebs on Security

The group looks for attacks on Exchange systems using a combination of active Internet scans and “honeypots” — systems left vulnerable to attack so that defenders can study what attackers are doing to the devices and how. Further reading: A Basic Timeline of the Exchange Mass-Hack.

Hacking 352
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Data of a billion Chinese residents available for sale on a cybercrime forum

Security Affairs

“Shangai authorities have not publicly responded to the purported hack. Representatives for the city’s police and Cyberspace Administration of China, the country’s internet overseer, did not immediately respond to faxed requests for comment.” The hacker is offering the database on a popular cybercrime forum for 10 bitcoins.

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Reading the FBI IC3’s ‘2020 Internet Crime Report’

Security Affairs

The FBI’s Internet Crime Complaint Center has released its annual report, the 2020 Internet Crime Report , which includes data from 791,790 complaints of suspected cybercrimes. That identifying information was then used to establish a bank account to receive stolen BEC/EAC funds and then transferred to a cryptocurrency account.”

Internet 108
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German police seized the darknet marketplace Nemesis Market

Security Affairs

An operation conducted by the Federal Criminal Police Office in Germany (BKA) and the Frankfurt cybercrime combating unit (ZIT) led to the seizure of the infrastructure of the darknet marketplace Nemesis Market in Germany and Lithuania. The law enforcement confiscated about 94,000 euros worth of cryptocurrencies.