Remove Cybercrime Remove Data breaches Remove Scams
article thumbnail

When Efforts to Contain a Data Breach Backfire

Krebs on Security

Earlier this month, the administrator of the cybercrime forum Breached received a cease-and-desist letter from a cybersecurity firm. The missive alleged that an auction on the site for data stolen from 10 million customers of Mexico’s second-largest bank was fake news and harming the bank’s reputation.

article thumbnail

Coinbase disclosed a data breach after an extortion attempt

Security Affairs

Coinbase confirmed rogue contractors stole customer data and demanded a $20M ransom in a breach reported to the SEC. Coinbase said rogue contractors stole data on under 1% of users and demanded $20M; the data breach was disclosed in an SEC filing. ” reads the statement published by the company on its website.

Insiders

Sign Up for our Newsletter

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

article thumbnail

A Day in the Life of a Prolific Voice Phishing Crew

Krebs on Security

Before we get to the Apple scam in detail, we need to revisit Tony’s case. ” Perm is the current administrator of Star Fraud , one of the more consequential cybercrime communities on Telegram and one that has emerged as a foundry of innovation in voice phishing attacks. The phishing domain used to steal roughly $4.7

Phishing 343
article thumbnail

An Interview With the Target & Home Depot Hacker

Krebs on Security

That investigation detailed how the 38-year-old Shefel adopted the nickname Rescator while working as vice president of payments at ChronoPay , a Russian financial company that paid spammers to advertise fake antivirus scams, male enhancement drugs and knockoff pharmaceuticals. “I’m also godfather of his second son.”

article thumbnail

Cybercrime Soars: FBI's 2024 Report Reveals $16.6 Billion in Losses

SecureWorld News

The FBI's Internet Crime Complaint Center (IC3) has released its 2024 Internet Crime Report, marking a record-breaking year in cybercrime. This demographic was frequently targeted by tech support scams, romance scams, and crypto investment frauds. The report highlights a staggering $16.6 billion in losses. billion in losses.

article thumbnail

A week in security (October 7 – October 13)

Malwarebytes

Last week on ThreatDown: Hands-on-keyboard (HOK) attacks: How ransomware gangs attack in real-time Ransomware insurance is funding cybercrime, says White House official 5 tools IT admins should block right now Stay safe! Update now! Our business solutions remove all remnants of ransomware and prevent you from getting reinfected.

article thumbnail

FBI: Investment Scams Surpass BEC as Most Costly Cybercrime

SecureWorld News

Now the important question: how many of you got scammed in some sort of way by cryptocurrency or another type of investment? The FBI's Internet Crime Complaint Center (IC3) has released its 2022 Internet Crime Report , which reveals the trends and impacts of cybercrime in the United States. According to the U.S.