U.S. Sanctions North Korean Andariel Hacker Behind Fraudulent IT Worker Scheme

The U.S. Department of the Treasury's Office of Foreign Assets Control OFAC on Tuesday sanctioned a member of a North Korean hacking group called Andariel for their role in the infamous remote information technology IT worker scheme. The Treasury said Song Kum Hyok, a 38-year-old North Korean...

Cyber Police of Ukraine Busted Phishing Gang Responsible for $4.33 Million Scam

The Cyber Police of Ukraine, in collaboration with law enforcement officials from Czechia, has arrested several members of a cybercriminal gang that set up phishing sites to target European users. Two of the apprehended affiliates are believed to be organizers, with 10 others detained in other...

Vulnerable children's identities used in tax fraud scheme

Fraudster Ariel "Melo" Jimenez has been sentenced to 12 years in prison for leading a "tax fraud and identity theft conspiracy" that resulted in the fraudulent claiming of tax credits, earning him millions of dollars. "Ariel Jimenez was the leader of a long-running fraudulent tax business that...

Rarible NFT Marketplace Flaw Could've Let Attackers Hijack Crypto Wallets

Cybersecurity researchers have disclosed a now-fixed security flaw in the Rarible non-fungible token NFT marketplace that, if successfully exploited, could have led to account takeover and theft of cryptocurrency assets. "By luring victims to click on a malicious NFT, an attacker can take full...

Experts Uncover Campaign Stealing Cryptocurrency from Android and iPhone Users

Researchers have blown the lid off a sophisticated malicious scheme primarily targeting Chinese users via copycat apps on Android and iOS that mimic legitimate digital wallet services to siphon cryptocurrency funds. "These malicious apps were able to steal victims' secret seed phrases by...

Telegram Bots at Heart of Classiscam Scam-as-a-Service

A new automated scam-as-a-service has been unearthed, which leverages Telegram bots in order to steal money and payment data from European victims. The scam, which researchers call Classiscam, is being sold as a service by Russian-speaking cybercriminals, and has been used by at least 40 separate...

Fake Coronavirus ‘Vaccine’ Website Busted in DoJ Takedown

The Department of Justice has raised its first federal court action against online fraud relating to the coronavirus pandemic, on Sunday taking steps to shutter a fraudulent website that claimed to give away free coronavirus vaccines. The website, “coronavirusmedicalkit.com,” was purporting to gi...

Fake CNBC's Website for Internet Fraud

Fake CNBC's Website for Internet Fraud The beauty of the Internet is that you can make a truckload of money out here. Yes, you really could quit your full time job if you work hard.The bad news is most people either don't want to work at it, or they buy into some scam that causes them to waste...