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Premium-Rate Phone Fraudsters Hack VoIP Servers of 1200 Companies
Cybersecurity researchers today took the wraps off an on-going cyber fraud operation led by hackers in Gaza, West Bank, and Egypt to compromise VoIP servers of more than 1,200 organizations across 60 countries over the past 12 months. According to findings published by Check Point Research, the...
Premium-Rate Phone Fraudsters Hack VoIP Servers of 1200 Companies
Cybersecurity researchers today took the wraps off an on-going cyber fraud operation led by hackers in Gaza, West Bank, and Egypt to compromise VoIP servers of more than 1,200 organizations across 60 countries over the past 12 months. According to findings published by Check Point Research, the...
Two Charged in SIM Swapping, Vishing Scams
Two young men from the eastern United States have been hit with identity theft and conspiracy charges for allegedly stealing bitcoin and social media accounts by tricking employees at wireless phone companies into giving away credentials needed to remotely access and modify customer account...
US jails Russian hacker for 8 years over botnet, bank fraud
By Deeba Ahmed The hacker participated in a sophisticated scheme to steal, exchange sensitive financial, personal data, causing a loss of $100 million to the victims. This is a post from HackRead.com Read the original post: US jails Russian hacker for 8 years over botnet, bank fraud...
$100M Botnet Scheme Lands Cybercriminal 8 Years in Jail
Authorities have sentenced a hacker to eight years in prison for trafficking stolen personally identifiable information PII and online banking credentials resulting in losses totaling over $100 million. Aleksandr Brovko, 36, formerly of the Czech Republic, pleaded guilty in February to conspiracy...
Wisc. GOP's $2.3M MAGA Hat Debacle Showcases Fraud Concerns
The Wisconsin Republican party’s war chest is lighter by $2.3 million after scammers posing as MAGA-hat vendors were able to spoof invoices in what appears to be a basic business email compromise BEC attack. It’s just the latest in a litany of attacks related to the upcoming election, and it...
What to expect when you’re electing: A recap
We’re roughly two weeks out from Election Day in America, although millions of early and mail-in votes have already been cast. In the coming days, there’s sure to be a flurry of news stories about disinformation, allegations of voter fraud, the back-and-forth between parties and talks of when the...
U.S. Charges 6 Russian Intelligence Officers Over Destructive Cyberattacks
The US government on Monday formally charged six Russian intelligence officers for carrying out destructive malware attacks with an aim to disrupt and destabilize other nations and cause monetary losses. The individuals, who work for Unit 74455 of the Russian Main Intelligence Directorate GRU, ha...
Rapper Scams $1.2M in COVID-19 Relief, Gloats with 'EDD' Video
Rapper Fontrell Antonio Baines, who goes by the stage name “Nuke Bizzle,” made his first appearance in U.S. District Court in downtown Los Angeles on Friday after being charged with fraudulently applying for more than $1.2 million in jobless benefits under the Coronavirus Aid, Relief and Economic...
This Week in Security News: A Look Inside the Bulletproof Hosting Business and Amazon Prime Day Spurs Spike in Phishing, Fraud Attacks
Welcome to our weekly roundup, where we share what you need to know about the cybersecurity news and events that happened over the past few days. This week, learn about how cybercriminals secure their assets and survive in the business in a new Trend Micro report. Also, read about a how...
RAINBOWMIX Apps in Google Play Serve Up Millions of Ad Fraud Victims
Researchers with White Ops have uncovered a scam to deliver millions of out-of-context OOC ads through a group of more than 240 Android applications on the official Google Play store, which the team said were collectively delivering more than 15 million impressions per day at their peak. The apps...
Amazon Prime Day Spurs Spike in Phishing, Fraud Attacks
Cybercriminals are tapping into Amazon’s annual discount shopping campaign for subscribers, Prime Day, with researchers warning of a recent spike in phishing and malicious websites that are fraudulently using the Amazon brand. There has been a spike in the number of new monthly phishing and...
Promising Infusions of Cash, Fake Investor John Bernard Walked Away With $30M
September featured two stories on a phony tech investor named John Bernard, a pseudonym used by a convicted thief named John Clifton Davies whos fleeced dozens of technology companies out of an estimated $30 million with the promise of lucrative investments. Those stories prompted a flood of tips...
A Poker Pro Accused of Cheating Wants $330M in Damages
Mike Postle claims he was the victim of an elaborate online campaign to tar him as a fraud—and he's suing a dozen defendants...
A week in security (September 28 – October 4)
Last week on Malwarebytes Labs, we dug into what happens when card fraud comes calling, we gave a rundown on some novel ransomware attacks that took advantage of smart coffee makers, and we introduced VideoBytes, our new, monthly series in which well provide video coverage of some of the...
SilentFade malware stole Facebook credentials, $4 million in ad fraud
By Deeba Ahmed Facebook claims that a Chinese company is responsible for operating SilentFade malware. This is a post from HackRead.com Read the original post: SilentFade malware stole Facebook credentials, $4 million in ad fraud...
Account Takeover Fraud Losses Total Billions Across Online Retailers
Account takeover ATO attacks are on the rise, and in fact have become a go-to attack of choice cybercriminals of all stripes. In fact, in 2019 alone, ATO attacks cost consumers and e-commerce retailers a whopping $16.9 billion in losses. To be clear, ATO fraud isn’t new, it’s been a concern for...
Facebook 'SilentFade' Malware Attack Stole Credentials For Years
Facebook has detailed a wide-scale Chinese malware campaign that targeted its ad platform for years and siphoned $4 million from users’ advertising accounts. The campaign was addressed by the social media’s security teams after it first became active. Dubbed SilentFade short for “Silently running...
This Week in Security News: Linkury Adware Caught Distributing Full-Blown Malware and Cross-Platform Modular Glupteba Malware Uses ManageX
Welcome to our weekly roundup, where we share what you need to know about the cybersecurity news and events that happened over the past few days. This week, learn about how an adware family known primarily for distributing browser hijackers, Linkury, has been caught distributing malware. Also, re...