Remove Cybercrime Remove Identity Theft Remove Telecommunications
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Cybercriminals Target Brazil: 248,725 Exposed in CIEE One Data Breach

Security Affairs

The service is widely used by top financial institutions in Brazil, as well as popular online platforms, energy, oil & gas, telecommunications, and technology providers. Stolen data can be easily monetized on the Dark Web and used for further identity theft and financial fraud.

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Former US Army member confesses to Telecom hack and extortion conspiracy

Security Affairs

“A former Army soldier, who was most recently stationed in Texas, pleaded guilty today to conspiring to hack into telecommunications companies’ databases, access sensitive records, and extort the telecommunications companies by threatening to release the stolen data unless ransoms were paid.”

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RaidForums Gets Raided, Alleged Admin Arrested

Krebs on Security

Department of Justice (DOJ) said today it seized the website and user database for RaidForums , an extremely popular English-language cybercrime forum that sold access to more than 10 billion consumer records stolen in some of the world’s largest data breaches since 2015.

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Frontier Communications data breach impacted over 750,000 individuals

Security Affairs

Last week, the RansomHub ransomware group claimed to have stolen the information of over 2 million customers from the American telecommunications company Frontier Communications. The RansomHub group claimed to have stolen 5GB of data from the telecommunications giant. concludes the letter reads.

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AT&T states that the data breach impacted 51 million former and current customers

Security Affairs

AT&T initially denied any data breach, below is the statement from the telecomunication giant : “Based on our investigation Thursday, the information that appeared in an internet chat room does not appear to have come from our systems,” Later, the telecommunications company retracted its initial denial and confirmed the data breach.

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T-Mobile suffered the second data breach in 2023

Security Affairs

However, the compromised personally identifiable information can expose customers to identity theft, for this reason, T-Mobile is offering them two years of free credit monitoring and identity theft detection services, provided by myTrueIdentity, from Transunion.

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News alert: AI-powered web scrapers from Oxylabs are breaking new ground in fraud detection

The Last Watchdog

“Enterprises in the finance, banking, and telecommunications sectors are the most susceptible to online fraud, but it can happen to any company,” said Vaidotas Sedys , Head of Risk Management at Oxylabs. Sedys concluded, “AI and ML technologies are vital in the fight against cybercrime, helping organizations identify anomalies.