article thumbnail

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.”

article thumbnail

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

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

$12.5 billion lost to cybercrime, amid tidal wave of crypto investment fraud

Graham Cluley

If you have been optimistically daydreaming that losses attributed to cybercrime might have reduced in the last year, it's time to wake up. The FBI's latest annual Internet Crime Complaint Center (IC3) report has just been published, and makes for some grim reading. Read more in my article on the Tripwire State of Security blog.

article thumbnail

Fake Lawsuit Threat Exposes Privnote Phishing Sites

Krebs on Security

The disclosure revealed a profitable network of phishing sites that behave and look like the real Privnote, except that any messages containing cryptocurrency addresses will be automatically altered to include a different payment address controlled by the scammers. co showing the site did indeed swap out any cryptocurrency addresses.

Phishing 210
article thumbnail

How Does One Get Hired by a Top Cybercrime Gang?

Krebs on Security

This post explores answers to those questions, as well as some of the ways Trickbot and other organized cybercrime gangs gradually recruit, groom and trust new programmers. Alla Witte’s personal website — allawitte[.]nl nl — circa October 2018. 6 in Miami, Fla. “Several group members had AllaWitte folders with data.

article thumbnail

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

Security Affairs

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. ” reported Bloomberg. ” reported Reuters. Pierluigi Paganini.

article thumbnail

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 111