'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...

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...

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...

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...

Top 3 Attack Trends in API Security – Podcast

In late July 2021, online retailers got hit with a jaw-dropping 2,800 percent increase in attack takeovers. Dead-set on gift card fraud via “scrape for resale” and other types of fraud, the attacks spiraled up to the rate of 700,000 attacks per day. In a separate case – of a loan application frau...

Wipro Attackers Have Operated Under the Radar for Years

New details are emerging in the April attack on systems consulting behemoth Wipro, which saw its network hacked and used for mounting attacks on a dozen of its customers. In a fresh analysis of the indicators of compromise IOCs, Flashpoint analysts said that the cyberattackers have actually been...

RSA Conference 2019: BEC Scammer Gang Takes Aim at Boy Scouts, Other Nonprofts

SAN FRANCISCO – A Nigeria-based scammer gang dubbed “Scarlet Widow” has been launching email fraud attacks against thousands of targets – including universities, the Salvation Army, and Boy Scouts of America. Researchers with Agari detailed the attack during an RSA Conference session on Tuesday...

Fraudsters Using GiftGhostBot Botnet to Steal Gift Card Balances

Gift cards have once again caused quite a headache for retailers, as cyber criminals are using a botnet to break into and steal cash from money-loaded gift cards provided by major retailers around the globe. Dubbed GiftGhostBot, the new botnet specialized in gift card fraud is an advanced...