This old-school scam is still working

When we read about this new malware tactic, or that novel social engineering approach, it’s easy to forget that there are scammers out there making a living from ancient methods. Recently, one of our researchers received this variation on the good old Nigerian advance-fee scam. From: Mrs.Inga-Bri...

Smart Medical IoT Security Vulnerabilities: Real-Time MITM Attack Analysis, Lightweight Encryption Implementation, and Practitioner Perceptions in Underdeveloped Nigerian Healthcare Systems

The growing use of Internet of Things IoT technologies in Nigerian healthcare offers potential improvements in remote monitoring and data-driven care, but unsecured wireless communication in medical IoT mIoT devices exposes patient data to cyber threats. This study investigates such vulnerabiliti...

Nigerian man extradited from France to US over hacking and fraud allegations

A Nigerian man has been extradited from France to face hacking, identity theft, and fraud charges in the…...

Investors, Trump and the Illuminati: What the “Nigerian prince” scams became in 2024

"Nigerian" spam is a collective term for messages designed to entice victims with alluring offers and draw them into an email exchange with scammers, who will try to defraud them of their money. The original "Nigerian" spam emails were sent in the name of influential and wealthy individuals from...

Bitcoin Fog Founder Sentenced to 12 Years for Cryptocurrency Money Laundering

The 36-year-old founder of the Bitcoin Fog cryptocurrency mixer has been sentenced to 12 years and six months in prison for facilitating money laundering activities between 2011 and 2021. Roman Sterlingov, a dual Russian-Swedish national, pleaded guilty to charges of money laundering and operatin...

69,000 Bitcoins Are Headed for the US Treasury—While the Agent Who Seized Them Is in Jail

The $4.4 billion in crypto is set to be the largest pile of criminal proceeds ever sold off by the US. The former IRS agent who seized the record-breaking sum, meanwhile, languishes in a Nigerian jail cell...

Hackers Threaten to Leak Planned Parenthood Data

Plus: Kaspersky’s US business sold, Nigerian sextortion scammers jailed, and Europe’s controversial encryption plans return...

MTN Group: FULL ACCOUNT TAKEOVER

The selfservice portal at https://mymtn.com.ng/ allowed an attacker to take over any Nigerian MTN phone number. The attacker was able to access the account holder's personal information, such as date of birth and full name. The attacker also had the ability to use any available airtime on the...

An 18 year scam odyssey of stranded astronauts

There is a semi-mythical scam which comes around every couple of years, like some sort of digital bad luck version of Halleys Comet. Instead of flood, famine, and the death of Kings, it brings confusion, some level of hilarity, and a slice of sheer disbelief. Unfortunately it also threatens to...

Trend Micro Partners With Interpol and Nigeria’s EFCC for Operation Killer Bee, Takes Down Nigerian BEC Actors

Nigeria’s Economic and Financial Crimes Commission EFCC arrested three suspected scammers from Nigeria who were involved in global scamming campaigns via a sting operation that is part of Operation Killer Bee. Trend Micro provided information on the group and their modus operandi...

Interpol Nabs 3 Nigerian Scammers Behind Malware-based Attacks

Interpol on Monday announced the arrest of three suspected global scammers in Nigeria for using remote access trojans RATs such as Agent Tesla to facilitate malware-enabled cyber fraud. "The men are thought to have used the RAT to reroute financial transactions, stealing confidential online...

FBI catches up with one of its Most Wanted, arrests head of advance-fee crime network

Some dont mind putting extra effort into making their crime appear as legitimate as possible by perpetuating more lies as long as they are guaranteed money in the end. Osondu Victor Igwilo is one such Nigerian scammer. The "catchers" 52-year-old Igwilo has been on the Federal Bureau of...

Interpol Busted 11 Members of Nigerian BEC Cybercrime Gang

A coordinated law enforcement operation has resulted in the arrest of 11 members allegedly belonging to a Nigerian cybercrime gang notorious for perpetrating business email compromise BEC attacks targeting more than 50,000 victims in recent years. The disruption of the BEC network is the result o...

Arrest in ‘Ransom Your Employer’ Email Scheme

In August, KrebsOnSecurity warned that scammers were contacting people and asking them to unleash ransomware inside their employers network, in exchange for a percentage of any ransom amount paid by the victim company. This week, authorities in Nigeria arrested a suspect in connection with the...

Criminals exploited weak checks and old tech to pull off vast COVID benefit fraud

In life, when you encounter something momentuous—a sudden job loss, a routine check-up that revealed an illness you cant afford the medical bills for—you can be assured that the federal or state government has benefits you can apply for it. And where there are benefits, you can also be assured th...

Nigerian Threat Actors Solicit Employees to Deploy Ransomware for Cut of Profits

Researchers have discovered a Nigerian threat actor trying to turn an organization’s employees into insider threats by soliciting them to deploy ransomware for a cut of the ransom profits. Researchers at Abnormal Security identified and blocked a number of emails sent earlier this month to some i...

Cybercrime Group Asking Insiders for Help in Planting Ransomware

A Nigerian threat actor has been observed attempting to recruit employees by offering them to pay $1 million in bitcoins to deploy Black Kingdom ransomware on companies' networks as part of an insider threat scheme. "The sender tells the employee that if they're able to deploy ransomware on a...

Interpol Arrests 3 Nigerian BEC Scammers For Targeting Over 500,000 Entities

Three Nigerian citizens suspected of being members of an organized cybercrime group behind distributing malware, carrying out phishing campaigns, and extensive Business Email Compromise BEC scams have been arrested in the city of Lagos, Interpol reported yesterday. The investigation, dubbed...

Interpol Arrests 3 Nigerian BEC Scammers For Targeting Over 500,000 Entities

Three Nigerian citizens suspected of being members of an organized cybercrime group behind distributing malware, carrying out phishing campaigns, and extensive Business Email Compromise BEC scams have been arrested in the city of Lagos, Interpol reported yesterday. The investigation, dubbed...

Major BEC Phishing Ring Cracked Open with 3 Arrests

Three men suspected of participating in a massive business email compromise BEC ring have been arrested in Lagos, Nigeria. A joint INTERPOL, Group-IB and Nigeria Police Force cybercrime investigation resulted in the arrest of the Nigerian nationals, believed to be responsible for distributing...