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Actions Target Russian Govt. Botnet, Hydra Dark Market

Krebs on Security

Also this week, German authorities seized the server infrastructure for the Hydra Market, a bustling underground market for illegal narcotics, stolen data and money laundering that’s been operating since 2015. ” HYDRA. Federation Tower, Moscow. Image: Evgeniy Vasilev. billion euros in 2020 alone.

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GoDaddy Employees Used in Attacks on Multiple Cryptocurrency Services

Krebs on Security

Fraudsters redirected email and web traffic destined for several cryptocurrency trading platforms over the past week. And in May of this year, GoDaddy disclosed that 28,000 of its customers’ web hosting accounts were compromised following a security incident in Oct. 2019 that wasn’t discovered until April 2020.

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New Anti Anti-Money Laundering Services for Crooks

Krebs on Security

A new dark web service is marketing to cybercriminals who are curious to see how their various cryptocurrency holdings and transactions may be linked to known criminal activity. “The likes of ransomware and darknet markets rely on payments being made in Bitcoin and other cryptocurrencies.

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Anti-Money Laundering Service AMLBot Cleans House

Krebs on Security

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.

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Russian Reshipping Service ‘SWAT USA Drop’ Exposed

Krebs on Security

Among the most common ways that thieves extract cash from stolen credit card accounts is through purchasing pricey consumer goods online and reselling them on the black market. Once the drops receive and successfully reship the stolen packages, the stuffers then sell the products on the local black market.

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New Anti Anti-Money Laundering Services for Crooks

Security Boulevard

Two new dark web services are marketing to cybercriminals who are curious to see how their various cryptocurrency holdings and transactions may be linked to known criminal activity. The post New Anti Anti-Money Laundering Services for Crooks appeared first on Security Boulevard.

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When Efforts to Contain a Data Breach Backfire

Krebs on Security

” A more typical response when a large bank suspects a breach is to approach the seller privately through an intermediary to ascertain if the information is valid and what it might cost to take it off the market.