Secret Service Creates Cyber Fraud Task Forces

The U.S. Secret Service has created the Cyber Fraud Task Forces CFTFs, aimed at preventing, detecting and mitigating complex cyber-enabled financial crime – including making arrests and convictions. The CFTF is the result of a formal merging of two of the Secret Service’s existing units into a...

A week in security (July 6 – 12)

Last week on Malwarebytes Labs, we took an in-depth look at card skimmers targeting ASP sites, we released another episode of Lock and Code exploring the Internet of Things, and we dug into a Mac mystery. We also examined some pre-installed malware, and put out a threat spotlight on some customiz...

A 'New Age' of Sophisticated Business Email Compromise is Coming

A newly discovered, sophisticated threat group that targets organizations without DMARC implemented and relies on business email compromise is heralding what researchers call “a new age” of business email compromise. The group, called Cosmic Lynx, is the first reported Russian BEC cybercriminal...

FTC Releases Article on Protecting Small Businesses from Cyber Threats

The Federal Trade Commission FTC has released an article on their Protecting Small Business playlist, which is a collection of videos with tips for small businesses to protect their networks from common cyber scams and cyberattacks. The Cybersecurity and Infrastructure Security Agency CISA...

Business Email Compromise (BEC) Criminal Ring

A criminal group called Cosmic Lynx seems to be based in Russia: Dubbed Cosmic Lynx, the group has carried out more than 200 BEC campaigns since July 2019, according to researchers from the email security firm Agari, particularly targeting senior executives at large organizations and corporations...

Microsoft Seizes Malicious Domains Used in Mass Office 365 Attacks

Microsoft has seized several domains associated with a massive hacking campaign, which has targeted Office 365 accounts with phishing and business email compromise BEC emails. The sophisticated phishing attacks, which first began in December, have since compromised Office 365 accounts in 62...

BEC Hotshot with Opulent Social Media Presence to Face U.S. Charges

A Dubai resident with an elaborate lifestyle that he touted on social media – think designer clothes, expensive watches, luxury cars and charter jets – has arrived in the United States to face criminal charges. He is charged with conspiring to engage in money laundering, as part of a business ema...

Looks Like Russian Hackers Are on an Email Scam Spree

A group dubbed Cosmic Lynx uses surprisingly sophisticated methods—and targets big game...

Everything You Must Know About Common Venmo Scams

By Waqas Venmo scams take several forms and shapes, and potential scammers are easier to pinpoint than others. This is a post from HackRead.com Read the original post: Everything You Must Know About Common Venmo Scams...

Scams and how to spot them

We’re in strange times at the moment. Some things dont change though e.g. the scams and fraudulent activity designed to separate people from their money or identity. When dealing with these scams the main thing to remember is: If it seems too good to be true, it probably is. While that statement ...

Popular Techniques Used by Cybercriminals Amid COVID-19

Editor's Note: Gary Stevens, a technology writer, is posting as a guest author to carbonblack.com. Cybercriminals constantly leverage fear and confusion by launching cyberattacks during major world events. Such attacks are mostly carried out with social engineering campaigns using malicious email...

Popular Techniques Used by Cybercriminals Amid COVID-19

Editor's Note: Gary Stevens, a technology writer, is posting as a guest author to carbonblack.com. Cybercriminals constantly leverage fear and confusion by launching cyberattacks during major world events. Such attacks are mostly carried out with social engineering campaigns using malicious email...

Hackers Target Military and Aerospace Staff by Posing as HRs Offering Jobs

Cybersecurity researchers today took the wraps off a new sophisticated cyber-espionage campaign directed against aerospace and military organizations in Europe and the Middle East with an aim to spy on key employees of the targeted firms and, in some case, even to siphon money. The campaign, dubb...

Understanding the Payload-Less Email Attacks Evading Your Security Team

The traditional image of a successful email attack is that of a naive employee clicking the link in a crudely crafted spam email bent on phishing. But times have changed, and employees are much more security-educated than they used to be. So, today’s threat actors are creating increasingly...

Hurricane-Related Scams

June 1 marks the official start of the 2020 Atlantic hurricane season. The Cybersecurity and Infrastructure Security Agency CISA warns users to remain on alert for malicious cyber activity targeting potential disaster victims and charitable donors following a hurricane. Fraudulent emails—often...

Fake supreme court subpoena phishing scam steals Office 365 credentials

By Sudais Asif The new phishing scams redirect users multiple times and also uses CAPTCHA before stealing credentials. This is a post from HackRead.com Read the original post: Fake supreme court subpoena phishing scam steals Office 365 credentials...

CISA, IRS, USSS, and Treasury Release Joint Alert on Scams Related to Coronavirus Economic Impact Payments

The Cybersecurity and Infrastructure Security Agency CISA, U.S. Department of the Treasury, Internal Revenue Service IRS, and United States Secret Service USSS have released a Joint Alert with mitigations to help Americans avoid scams related to coronavirus economic impact payments—particularly...

Fraudulent Unemployment, COVID-19 Relief Claims Earn BEC Gang Millions

An infamous business email compromise BEC gang has submitted hundreds of fraudulent claims with state-level U.S. unemployment websites and coronavirus relief funds. Researchers who tracked the fraudulent activity said cybercriminals may have made millions so far from the fraudulent activity. Behi...

U.S. Secret Service: “Massive Fraud” Against State Unemployment Insurance Programs

A well-organized Nigerian crime ring is exploiting the COVID-19 crisis by committing large-scale fraud against multiple state unemployment insurance programs, with potential losses in the hundreds of millions of dollars, according to a new alert issued by the U.S. Secret Service. A memo seen by...

Hackers Dumpster Dive for Taxpayer Data in COVID-19 Relief Money Scams

Threat actors are using a combination of scams to obtain as well as buy and sell credentials for U.S. taxpayers to steal appropriations from the COVID-19 relief package as well as 2020 tax refunds, new research has found. Researchers from Secureworks Counter Threat Unit CTU have observed an...