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How Cybercriminals are Weathering COVID-19

Krebs on Security

One of the more common and perennial cybercriminal schemes is “reshipping fraud,” wherein crooks buy pricey consumer goods online using stolen credit card data and then enlist others to help them collect or resell the merchandise. ” Alex Holden , founder and CTO of Hold Security , agreed. . ” CONSCIENCE VS. COMMERCE.

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Busting SIM Swappers and SIM Swap Myths

Krebs on Security

The force was originally created to tackle a range of cybercrimes, but Tarazi says SIM swappers are a primary target now for two reasons. Two months earlier, the task force was instrumental in apprehending 20-year-old Joel Ortiz , a Boston man suspected of stealing millions of dollars in cryptocoins with the help of SIM swaps.

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