Romanian Man Faces Up to 30 Years in US Prison Over Vishing Scams

Romanian national Gavril Sandu faces up to 30 years in a US prison after extradition over a VOIP vishing and fake debit card fraud scheme...

'Jingle Thief' Hackers Exploit Cloud Infrastructure to Steal Millions in Gift Cards

Cybersecurity researchers have shed light on a cybercriminal group called Jingle Thief that has been observed targeting cloud environments associated with organizations in the retail and consumer services sectors for gift card fraud. "Jingle Thief attackers use phishing and smishing to steal...

Foe for Fraud: Transferable Adversarial Attacks in Credit Card Fraud Detection

Credit card fraud detection CCFD is a critical application of Machine Learning ML in the financial sector, where accurately identifying fraudulent transactions is essential for mitigating financial losses. ML models have demonstrated their effectiveness in fraud detection task, in particular with...

Performance of Machine Learning Classifiers for Anomaly Detection in Cyber Security Applications

This work empirically evaluates machine learning models on two imbalanced public datasets KDDCUP99 and Credit Card Fraud 2013. The method includes data preparation, model training, and evaluation, using an 80/20 train/test split. Models tested include eXtreme Gradient Boosting XGB, Multi Layer...

Malicious Python Packages on PyPI Downloaded 39,000+ Times, Steal Sensitive Data

Cybersecurity researchers have uncovered malicious libraries in the Python Package Index PyPI repository that are designed to steal sensitive information and test stolen credit card data. Two of the packages, bitcoinlibdbfix and bitcoinlib-dev, masquerade as fixes for recent issues detected in a...

Gift Card Fraud

It's becoming an organized crime tactic: Card draining is when criminals remove gift cards from a store display, open them in a separate location, and either record the card numbers and PINs or replace them with a new barcode. The crooks then repair the packaging, return to a store and place the...

Managing Risk During the CrowdStrike Global Tech Outage

Managing Risk During the CrowdStrike Global Tech Outage By Mo Cashman & Trellix Advanced Research Center · July 19, 2024 Updated: July 25, 2024 How it Happened A defective content update provided by cybersecurity firm CrowdStrike caused Microsoft Windows systems to crash, disrupting airline trave...

CVE-2024-36680: SQL Injection Vulnerability in Facebook’s PrestaShop Module Exposes Thousands of E-commerce Sites to Credit Card Fraud

SQL Injection Exposure in Promokit.eu Threatens Facebook's PrestaShop Customers PrestaShop is a free, open-source E-commerce platform launched in 2007. Built with PHP and MySQL, it offers customizable, scalable solutions for online stores. Features include product management, inventory tracking,...

Moroccan Cybercrime Group Steals Up to $100K Daily Through Gift Card Fraud

Microsoft is calling attention to a Morocco-based cybercrime group dubbed Storm-0539 that's behind gift card fraud and theft through highly sophisticated email and SMS phishing attacks. "Their primary motivation is to steal gift cards and profit by selling them online at a discounted rate," the...

Cyber Signals: Inside the growing risk of gift card fraud

In the ever-evolving landscape of cyberthreats, staying ahead of malicious actors is a constant challenge. Microsoft Threat Intelligence has observed that gift cards are attractive targets for fraud and social engineering practices. Unlike credit or debit cards, there’s no customer name or bank...

Russian FSB Counterintelligence Chief Gets 9 Years in Cybercrime Bribery Scheme

The head of counterintelligence for a division of the Russian Federal Security Service FSB was sentenced last week to nine years in a penal colony for accepting a USD $1.7 million bribe to ignore the activities of a prolific Russian cybercrime group that hacked thousands of e-commerce websites. T...

US Agencies Urged to Patch Ivanti VPNs That Are Actively Being Hacked

Plus: Microsoft says attackers accessed employee emails, Walmart fails to stop gift card fraud, “pig butchering” scams fuel violence in Myanmar, and more...

Activities in the Cybercrime Underground Require a New Approach to Cybersecurity

As Threat Actors Continuously Adapt their TTPs in Today's Threat Landscape, So Must You Earlier this year, threat researchers at Cybersixgill released the annual report, The State of the Cybercrime Underground . The research stems from an analysis of Cybersixgill's collected intelligence items...

Activities in the Cybercrime Underground Require a New Approach to Cybersecurity

As Threat Actors Continuously Adapt their TTPs in Today's Threat Landscape, So Must You Earlier this year, threat researchers at Cybersixgill released the annual report, The State of the Cybercrime Underground. The research stems from an analysis of Cybersixgill's collected intelligence items...

Cyberthreats facing UK finance sector "a national security threat"

As the reports covering all of 2022 start trickling in, we can see that cybercrime and other types of fraud had a major impact last year. Take for example the 2022 half year fraud update by UK Finance, which tells us that criminals stole a total of £609.8 million roughly $750 million through...

Prilex modification now targeting contactless credit card transactions

Prilex is a singular threat actor that has evolved from ATM-focused malware into unique modular PoS malware—actually, the most advanced PoS threat we have seen so far, as described in a previous article. Forget about those old memory scrapers seen in PoS attacks. Prilex goes beyond these, and it...

A week in security (January 16—22)

Last week on Malwarebytes Labs: Google to support the use of Rust in Chromium Law enforcement app SweepWizard leaks data on crime suspects Accountant ordered to pay ex-employer after bossware shows "time theft" TikTok dances to the tune of $5.4m cookie fine "Untraceable" surveillance firm sued fo...

Credit card fraud group member could get up to 30 years in jail

Card fraud, a staple diet of scammers online, is currently featuring heavily on the US Department of Justice portal. The reason? A story which has rumbled on for a few years finally seems to be pulling into its final destination, as a man admits his role in a slice of fraud which impacted thousan...

Hackers Using CAPTCHA Bypass Tactics in Freejacking Campaign on GitHub

A South Africa-based threat actor known as Automated Libra has been observed employing CAPTCHA bypass techniques to create GitHub accounts in a programmatic fashion as part of a freejacking campaign dubbed PURPLEURCHIN. The group "primarily targets cloud platforms offering limited-time trials of...

See Tickets data breach went undetected for 2.5 years

By Deeba Ahmed See Tickets have warned customers to remain cautious of possible identity theft attacks and credit card fraud. This is a post from HackRead.com Read the original post: See Tickets data breach went undetected for 2.5 years...