Krebs on Security

OCTOBER 15, 2022

AMLBot , a service that helps businesses avoid transacting with cryptocurrency wallets that have been sanctioned for cybercrime activity, said an investigation published by KrebsOnSecurity last year helped it shut down three dark web services that secretly resold its technology to help cybercrooks avoid detection by anti-money laundering systems.

Cryptocurrency 237

Cryptocurrency Marketing Cybercrime Technology 237

Security Affairs

MAY 2, 2021

The bold author of a new cryptocurrency stealer, dubbed WeSteal, is promising its customers a leading way to make money in 2021. According to Palo Alto Networks, the author of WeSteal, that goes online as “ComplexCodes,” started advertising the cryptocurrency stealer on underground forums in mid-February 2021.

Cryptocurrency 107

Cryptocurrency Malware Advertising System Administration 107

SecureWorld News

FEBRUARY 9, 2021

These darknet markets hauled in a record amount of revenue last year, with customers around the globe spending $1.7 billion in cryptocurrency. Chainalysis, which tracks this kind of spending, recently shared new research breaking down darknet markets and their geographic distinctions in 2020. Geography of darknet markets.

Marketing 64

Marketing Cryptocurrency Manufacturing Accountability 64

Security Boulevard

AUGUST 2, 2022

Current threat actor activity is incentivized by a broad attack surface represented through high volumes of users and systems, and high potential profits represented through the variety of cryptocurrency offerings. It is easy to detect and block things like malicious cryptocurrency apps or crypto-phishing websites.

Cryptocurrency 98

Cryptocurrency Ransomware Government Risk 98

Krebs on Security

FEBRUARY 1, 2024

government did not name the victim organization, but there is every indication that the money was stolen from the now-defunct cryptocurrency exchange FTX , which had just filed for bankruptcy on that same day. A graphic illustrating the flow of more than $400 million in cryptocurrencies stolen from FTX on Nov. 11-12, 2022.

Cryptocurrency 242

Cryptocurrency Ransomware Retail Government 242

SecureList

JANUARY 13, 2022

Also, we have previously reported on cryptocurrency-focused BlueNoroff attacks. It appears that BlueNoroff shifted focus from hitting banks and SWIFT-connected servers to solely cryptocurrency businesses as the main source of the group’s illegal income. Malware infection.

Cryptocurrency 131

Cryptocurrency Malware Accountability Banking 131

Security Affairs

NOVEMBER 6, 2018

Group-IB and Swiss insurance broker ASPIS that owns CryptoIns project, have developed the world’s first scoring model for assessing cryptocurrency exchanges. According to CryptoIns analysts, the crypto assets insurance market is expected to reach $7 billion by 2023. Why do crypto exchanges’ users need insurance?

Insurance 63

Insurance Cryptocurrency Cyber threats Marketing 63

Malwarebytes

JANUARY 18, 2022

According to Elliptic , a company that offers risk solutions for cryptoassets, the unknown UniCC administrators have made an estimated $358M USD in cryptocurrency for selling stolen credit card details. The underground market accepts cryptocurrency payments of Bitcoin, Litecoin, Ether, and Dash. A little bit about UniCC.

Marketing 120

Marketing Cryptocurrency Identity Theft DDOS 120

Schneier on Security

JANUARY 23, 2019

This is interesting : To prevent the problems of customer binding, and losing business when darknet markets go down, merchants have begun to leave the specialized and centralized platforms and instead ventured to use widely accessible technology to build their own communications and operational back-ends.

Cryptocurrency 217

Cryptocurrency Marketing Surveillance Risk 217

SecureWorld News

JANUARY 13, 2023

It shouldn't come as a surprise to many, but i llicit cryptocurrency transactions hit an all-time high in 2022, totaling $20.1 Transactions associated with Garantex or any other sanctioned crypto service represent, at the very least, substantial compliance risk for businesses that are subject to U.S. Chainalysis notes that the $20.1

Cryptocurrency 93

Cryptocurrency Marketing Scams Risk 93

Malwarebytes

JANUARY 10, 2024

We have seen several high-profile accounts that were taken over on X (formerly Twitter) only to be used for cryptocurrency related promotional activities, like expressing the approval of exchange-traded funds (ETFs). A spot Bitcoin ETF will buy the cryptocurrency directly, “on the spot”, at its current price, throughout the day.

Accountability 101

Accountability Scams Hacking Cryptocurrency 101

Security Boulevard

MARCH 17, 2022

The estimated value of greater Decentralized Finance and cryptocurrencies surpassed half a trillion dollars in market capitalization in 2018, and then one trillion for the first time in 2021 ( 1 ). Since then, cryptocurrency values reached new records during the pandemic. Cryptocurrencies Are Established Via Blockchain Security.

Cyber Attacks 98

Cyber Attacks Cryptocurrency Marketing Software 98

CyberSecurity Insiders

JUNE 14, 2023

While the company has not provided a specific timeline, it has reassured users that its IT staff are working tirelessly to mitigate the risks associated with the attack. Preliminary assessments suggest that FPG may have suffered losses between $15 million to $20 million in cryptocurrencies.

Cyber Attacks 101

Cyber Attacks Accountability Cryptocurrency Marketing 101

Malwarebytes

APRIL 18, 2024

As we often see with these kinds of changes in regulatory frameworks, cybercriminals are the first to spot a window of opportunity and advertise with investment opportunities, promising a high return on low-risk investments. ” To be one of the first investors in this growth market might have seemed just the thing to invest in for some.

Scams 105

Scams Marketing Cryptocurrency Banking 105

Hackology

JUNE 4, 2024

The site contains a large amount of currency and cryptocurrency that can be exchanged anytime convenient. Because of this, the risks of conducting a transaction or currency exchange are approaching zero. Also, 374 exchange offices cooperate with the aggregator, which is ready to assist you in purchasing currency.

Cryptocurrency 59

Cryptocurrency Internet Internet Marketing 59

Malwarebytes

JUNE 28, 2021

Binance, the world’s largest and most popular cryptocurrency exchange network, has had a rough few days. ” Binance Markets Limited, Binance’s unit in the UK, filed a registration with the FCA but withdrew its application in May due to not meeting anti-money laundering requirements. Magic words.

Financial Services 114

Financial Services Marketing Cryptocurrency Advertising 114

Security Affairs

AUGUST 11, 2018

Group-IB experts say it is a very dangerous tendency to have so many mining Trojans available designed to use other people’s devices and infrastructure for illegitimate generation of cryptocurrency. The post Group-IB: The Shadow Market Is Flooded with Cheap Mining Software appeared first on Security Affairs. Pierluigi Paganini.

Marketing 46

Marketing Software Cryptocurrency Advertising 46

Malwarebytes

JANUARY 20, 2023

The US Department of Justice (DOJ) has released information about the arrest of Anatoly Legkodymov, the founder and majority owner of a cryptocurrency exchange called Bitzlato, on money laundering charges. What made Bitzlato popular among criminals was the fact that it marketed itself as requiring minimal identification from its users.

Ransomware 92

Ransomware Cryptocurrency Accountability Cybercrime 92

IT Security Guru

MARCH 2, 2024

As shown by the BTC price chart , the coin jumped over 160% in the past twelve months, establishing itself as the undisputable winner of the cryptocurrency industry and leaving the rest of the market behind. Now, crypto enthusiasts are hoping that a similar story will play out in 2024 and help Bitcoin have a strong start to the year.

Marketing 68

Marketing Cryptocurrency Risk 68

CyberSecurity Insiders

NOVEMBER 20, 2022

However, the transactions that weren’t successful on Friday were completed by Sunday afternoon and the IT staff tried their best to mitigate the risks associated with the attack. But CDSL had a recovery plan on hand and so immediately triggered it into action, to curtail risks.

Malware 102

Malware Banking Cryptocurrency Cyber Attacks 102

SecureList

NOVEMBER 22, 2022

The predictions, based on our extensive experience, help individuals and businesses improve their cybersecurity and prevent the vast range of possible risks. The cybercriminal market has been developing extensively, with the overwhelming majority of cybercriminals pursuing one goal — financial profit, no matter the source.

Cryptocurrency 94

Cryptocurrency Mobile Ransomware Banking 94

Security Boulevard

MAY 9, 2024

The cryptocurrency community was shocked by the sudden Samourai Wallet shutdown. The recent crackdown on the crypto mixer money laundering, Samourai, has unveiled a sophisticated operation allegedly involved in facilitating illegal transactions and laundering criminal proceeds.

Cryptocurrency 59

Cryptocurrency Marketing Risk Government 59

SecureList

NOVEMBER 23, 2021

We should expect more fraud, targeting mostly BTC , because this cryptocurrency is the most popular. In fact, from January through the end of October, Kaspersky detected more than 2,300 fraudulent global resources aimed at 85,000 potential crypto investors or users who are interested in cryptocurrency mining.

Cryptocurrency 118

Cryptocurrency Banking Cybercrime Ransomware 118

SecureList

MAY 6, 2024

Amid the current threat landscape, Kaspersky has conducted a comprehensive analysis of the financial risks, pinpointing key trends and providing recommendations to effectively mitigate risks and enhance security posture. Cryptocurrency phishing saw a 16% year-on-year increase in 2023, with 5.84 million detections compared to 5.04

Phishing 106

Phishing Banking Mobile Scams 106

Krebs on Security

MARCH 22, 2022

Russian authorities allege Vrublevsky operated several fraudulent SMS-based payment schemes, and facilitated money laundering for Hydra , the largest Russian darknet market. There is a lot of interesting stuff, a lot of names and a lot of very intimate info about Russian card processing market, as well as Pavel’s own escapades.”

Banking 199

Banking Marketing DDOS Risk 199

IT Security Guru

FEBRUARY 17, 2023

To tackle future threats, almost 40 percent of compliance teams are prioritising new market entry in 2023 (44 percent in the US), with 35 percent supporting new product licensing (45 percent in the UK). This is to increase revenue, resolve compliance and security problems, and protect their core customer base from competitors and risks.

Banking 105

Banking Marketing Cryptocurrency Technology 105

SecureList

NOVEMBER 21, 2023

We highlighted the growing popularity of cryptocurrencies and anticipated an increase in crypto scams. Malware loaders on the underground market: True. The prediction anticipated that malware loaders would become a major commodity in the cybercriminal underground market. Ransomware groups and destructive activity: True.

Penetration Testing 128

Penetration Testing Banking Ransomware Mobile 128

Malwarebytes

JANUARY 20, 2023

A threat actor successfully used compromised employee credentials to gain access to 133 accounts on Mailchimp, the mainstream Intuit-owned email marketing platform, in a security incident that recently came to light. "On We don't just report on threats—we remove them Cybersecurity risks should never spread beyond a headline.

Social Engineering 95

Social Engineering Accountability Cryptocurrency Engineering 95

CyberSecurity Insiders

FEBRUARY 24, 2022

However, the staff of the TV channel were clever enough to mitigate the risks at the earliest, thus averting a total blackout. Preliminary inquires reveal that the digital attack partially paralyzed the broadcast services of the Russian Television.

Hacking 125

Hacking Cryptocurrency Banking Marketing 125

Krebs on Security

AUGUST 16, 2022

“The set of information referred to is inaccurate and outdated, and does not put our users and customers at risk.” . “There has been no violation of our platforms and technological infrastructure,” Banorte said. ” That statement may be 100 percent true.

Data breaches 268

Data breaches Banking Cybercrime Marketing 268

Approachable Cyber Threats

JULY 7, 2022

Risk Level. The booming market on the Dark Web for passwords and other personal information make it a lucrative business for any cybercriminal - and Raccoon Stealer’s Malware-as-a-Service model makes it even easier for anyone to steal your information to make a profit. Category Awareness, News. as they continue to make improvements.

Social Engineering 105

Social Engineering Cryptocurrency Malware Antivirus 105

SC Magazine

APRIL 19, 2021

Recently, New York State’s Department of Financial Services issued a memorandum providing guidance to the insurance industry to help stabilize and safeguard the cyber insurance market. The NY DFS Cyber Insurance Risk Framework outlines a 7-point program for insurers to manage their cyber insurance risk.

Insurance 113

Insurance Cyber Insurance Ransomware InfoSec 113

Malwarebytes

MARCH 19, 2024

This comes in the form of get-rich-quick schemes, cryptocurrency related advice, stock investment, financial planning, or just about anything people can do to make money. With enough followers that heed their advice, these finfluencers also can have an effect on the financial markets.

Media 110

Media Scams Accountability Banking 110

Webroot

JULY 25, 2022

Market landscape for XDR grows more crowded. Most customers alluded to the cybersecurity skills shortage; one of the key market drivers remains a “managed” component tailored to organizations’ response capabilities. The cyber insurance market is expected to reach around $20B by 2025.

Cyber Insurance 124

Cyber Insurance Insurance Marketing Phishing 124

Malwarebytes

MAY 18, 2022

The variant they focused on uses a range of known exploits for vulnerabilities in web apps and databases to install cryptocurrency miners on both Windows and Linux systems. Once it has gained a foothold and the bot malware is running on a compromised system it deploys a Monero cryptocurrency miner. The favorite cryptocurrency.

Cryptocurrency 74

Cryptocurrency IoT Malware DDOS 74

CyberSecurity Insiders

MARCH 25, 2021

Statistics suggest that the financial worth of the gaming market across the globe will reach $138 billion by 2021 and will also become an attractive target for criminals to launch cyber attacks. Next in the line will be the online casino industry that lacks adequate measures to mitigate sophisticated cyber risks like DDoS attacks.

Cyber Attacks 120

Cyber Attacks Data breaches DDOS Cyber Risk 120

SecureList

JANUARY 30, 2023

Key outcomes Our analysis of the dark web job market found: The greatest number of ads were posted in March 2020, which was likely related to the outbreak of the COVID-19 pandemic and the ensuing changes in the structure of the job market. The median levels of pay offered to IT professionals varied between $1,300 and $4,000.

Cybercrime 124

Cybercrime Marketing Encryption Risk 124