Only ATM Heists Set to Accelerate After $13M Break-In

Mere days after the Feds warned banks about an impending ATM cash heist, hackers managed to siphon $13 million from the Pune, India-based Cosmos Bank – using cloned versions of the bank’s debit cards over the course of two days. It’s unlikely to be the last ATM theft that makes news, given how...

FTC Issues Alert on Tech Support Scams

The Federal Trade Commission has released an alert on tech support scams. Scammers use pop-up messages, websites, emails, and phone calls to entice users to pay for fraudulent tech support services to repair problems that don’t exist. Users should not pay or give control of their devices to any...

Feds Arrest 74 Email Fraudsters Involved in Nigerian BEC Scams

The United States Department of Justice announced Monday the arrest of 74 email fraudsters across three continents in a global crackdown on a large-scale business email compromise BEC scheme. The arrest was the result of a six-month-long operation dubbed "Operation Wire Wire" that involved the US...

Tragedy-Related Scams

In the wake of the recent Texas school shooting, NCCIC advises users to watch out for possible malicious cyber activity seeking to capitalize on this tragic event. Users should exercise caution in handling emails related to the shooting, even if they appear to originate from trusted sources...

Latin American ‘Biñeros’ Bond Over Fraudulent Purchase Scheme

A type of card-not-present fraud is spreading throughout the Latin American underground, uniting groups of malefactors in a communal effort to perpetrate it as widely and as often as possible. Cybercriminals in the region are making use of problems in the validation process for bank identificatio...

Fake Malwarebytes helpline scammer caught in the act

An estimated one in every 10 American adults lost money in a cyber scam in the past 12 months, according to a report released by the FTC earlier in the month. On average, each scam victim lost $430, totaling about $9.5 billion overall. To put this in perspective, that’s over 22 million Americans...

Mexico’s Banking System Sees $18M Siphoned Off in Phantom Transactions

Somewhere between $18 million to $20 million has gone missing during unauthorized interbank money transfers in Mexico’s central banking system. Authorities are investigating the shadow transactions, but answers are thus far scarce. The affected banks and government officials are determining wheth...

Part 2: The Dark Side of APIs

Ryan Barnett, Principal Security Researcher, Akamai Elad Shuster, Senior Security Researcher, Akamai During its research into Credential Abuse attack campaigns, Akamai's threat research team conducted an analysis of web logins to gain insights into how widespread the adoption of API-based logins ...

‘FakeUpdates’ campaign leverages multiple website platforms

A malware campaign which seems to have started at least since December 2017 has been gaining steam by enrolling a growing number of legitimate but compromised websites. Its modus operandi relies on social engineering users with fake but convincing update notifications. Similar techniques were use...

Take these steps to stay safe from counterfeit software and fraudulent subscriptions

This post is authored by Matt Lundy, Assistant General Counsel, Microsoft. Software piracy and fraudulent subscriptions are serious, industry-wide problems affecting consumers and organizations around the world. In 2016, 39 percent of all software installed on computers was not properly licensed,...

Easter Holiday Phishing Scams and Malware Campaigns

As the Easter holiday approaches, NCCIC/US-CERT reminds users to be aware of potential holiday scams and cyber campaigns, which may include emails and ecards from unknown senders that may contain malicious links, fake advertisements or shipping notifications with attachments infected with malware...

San Diego Sues Experian Over ID Theft Service

The City of San Diego, Calif. is suing consumer credit bureau Experian, alleging that a data breach first reported by KrebsOnSecurity in 2013 affected more than a quarter-million people in San Diego but that Experian never alerted affected consumers as required under California law. The lawsuit,...

“Celebrating Stephen Hawking” with a 419 scam

The recently departed Stephen Hawking is apparently back from the dead, now a target for scammers wanting to extract some quick cash from the unwary in the form of a vaguely surreal 419 scam. The whole thing begins with an email from, er, Stephen Hawking titled "Celebrating Stephen Hawking." Clic...

Fortnite accounts are being hacked to make fraudulent purchases

By Uzair Amir If you are a Fortnite player and hold a registered account This is a post from HackRead.com Read the original post: Fortnite accounts are being hacked to make fraudulent purchases...

How to Fight Mobile Number Port-out Scams

T-Mobile, AT&T and other mobile carriers are reminding customers to take advantage of free services that can block identity thieves from easily "porting" your mobile number out to another provider, which allows crooks to intercept your calls and messages while your phone goes dark. Tips for...

IRS Scam Leverages Hacked Tax Preparers, Client Bank Accounts

Identity thieves who specialize in tax refund fraud have been busy of late hacking online accounts at multiple tax preparation firms, using them to file phony refund requests. Once the Internal Revenue Service processes the return and deposits money into bank accounts of the hacked firms' clients...

Registered at SSA.GOV? Good for You, But Keep Your Guard Up

KrebsOnSecurity has long warned readers to plant your own flag at the my Social Security online portal of the U.S. Social Security Administration SSA -- even if you are not yet drawing benefits from the agency -- because identity thieves have been registering accounts in peoples' names and...

OnePlus Confirms Credit Card Breach Impacted Up to 40,000 Customers

OnePlus has confirmed that up to 40,000 customers have been affected by a credit card breach, in the latest embarrassing misstep for the Chinese handset maker. The news comes several days after OnePlus shut down credit card processing following complaints from customers about fraudulent charges...

OnePlus confirms up to 40,000 customers affected by Credit Card Breach

OnePlus has finally confirmed that its online payment system was breached, following several complaints of fraudulent credit card transactions from its customers who made purchases on the company's official website. In a statement released today, Chinese smartphone manufacturer admitted that cred...

Has Your O365 Account Been Hacked?

In the past six months, Coalfire has seen an increase in businesses receiving fraudulent emails from legitimate client accounts with fraudulent invoice attachments. In several cases, the recipient paid the invoices not realizing they were fraudulent. The losses have ranged between thousands and...