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Incognito Darknet Market Mass-Extorts Buyers, Sellers

Krebs on Security

Borrowing from the playbook of ransomware purveyors, the darknet narcotics bazaar Incognito Market has begun extorting all of its vendors and buyers, threatening to publish cryptocurrency transaction and chat records of users who refuse to pay a fee ranging from $100 to $20,000. An extortion message currently on the Incognito Market homepage.

Marketing 293
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International Investigations Target Financial Cybercrime

Security Boulevard

International authorities took two big swipes at cybercriminals this week, with Interpol and others rounding up almost 3,500 suspects in a 34-country operation to crack down on cyber-scams one day while German police the next day said they shut down a dark web marketplace called Kingdom Market. Combined with the move by the U.S.

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Message board scams

SecureList

Ways to deceive message board users There are two main types of message board scams. This type of fraud is known as scam 1.0 or a buyer scam , because the attacker poses as the seller to deceive the buyer. This is known as scam 2.0 or a seller scam , because the attacker deceives the seller posing as the buyer.

Scams 90
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Pig-Butchering Scams: A Rising Threat to Investors in India and Globally

Penetration Testing

The digitalization of financial markets has brought increased investor access but also heightened vulnerability to cybercrime.

Scams 85
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How Cryptocurrency and Cybercrime Trends Influence One Another

Webroot

Typically, when cryptocurrency values change, one would expect to see changes in crypto-related cybercrime. It’s very possible for a Bitcoin ransom to lose value over time due to market flux, making it less profitable than it might otherwise appear. So, what’s the real story?

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Russians dodging mobilization behind flourishing scam market

Bleeping Computer

Ever since Russian president Vladimir Putin ordered partial mobilization after facing setbacks on the Ukrainian front, men in Russia and the state's conscript officers are playing a 'cat and mouse' game involving technology and cybercrime services. [.].

Mobile 91
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Friday Five: Another Cybercrime Market Taken Down, Addressing Open Source Software Security, and Fake Ransomware

Digital Guardian

Genesis Market is the latest victim in a string of law enforcement takedowns, the FDA and CISA are cracking down on medical devices and open-source software, respectively, and fake ransomware scams are on the rise. Catch up on all the latest in this week’s Friday Five!