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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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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.”

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A Ukrainian Raccoon Infostealer operator is awaiting trial in the US

Security Affairs

The man was held in the Netherlands, and he was charged for his alleged role in the international cybercrime operation known as Raccoon Infostealer. The Raccoon stealer was first spotted in April 2019, it was designed to steal victims’ credit card data, email credentials, cryptocurrency wallets, and other sensitive data.

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Fla. Man Charged in SIM-Swapping Spree is Key Suspect in Hacker Groups Oktapus, Scattered Spider

Krebs on Security

authorities arrested a 19-year-old Florida man charged with wire fraud, aggravated identity theft, and conspiring with others to use SIM-swapping to steal cryptocurrency. 12 blog post , the attackers used their access to Mailchimp employee accounts to steal data from 214 customers involved in cryptocurrency and finance.

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State of Cybercrime 2020: FBI Report

SecureWorld News

The FBI just released its annual Internet Crime Report, and it is truly a sign of the times. The FBI notes that the Internet Crime Complaint Center (IC3) has been key to its mission to track cybercrimes. And this year's report highlights five "hot topics.". Business Email Compromise 2020. IC3's Recovery Asset Team (RAT).

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US charges Ukrainian man with Raccoon Infostealer operation

Security Affairs

The man is currently being held in the Netherlands, he was charged for his alleged role the international cybercrime operation known as Raccoon Infostealer. The Raccoon stealer was first spotted in April 2019, it was designed to steal victims’ credit card data, email credentials, cryptocurrency wallets, and other sensitive data.

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The Origins and History of the Dark Web

Identity IQ

The Origins and History of the Dark Web IdentityIQ The dark web is a hidden part of the internet that cannot be accessed as easily. The dark web consists of websites and services that operate anonymously and aren’t accessible in the “public” part of the internet. The deep web is far and away the largest part of the internet.