Scattered Spider Hacker Gets 10 Years, $13M Restitution for SIM Swapping Crypto Theft

A 20-year-old member of the notorious cybercrime gang known as Scattered Spider has been sentenced to ten years in prison in the U.S. in connection with a series of major hacks and cryptocurrency thefts. Noah Michael Urban pleaded guilty to charges related to wire fraud and aggravated identity...

Farewell to the Fallen: The Cybersecurity Stars We Lost Last Year

It's time once again to pay our respects to the once-famous cybersecurity solutions whose usefulness died in the past year. The cybercriminal world collectively mourns the loss of these solutions and the easy access they provide to victim organizations. These solutions, though celebrated in their...

Hacker in Snowflake Extortions May Be a U.S. Soldier

Two men have been arrested for allegedly stealing data from and extorting dozens of companies that used the cloud data storage company Snowflake , but a third suspect -- a prolific hacker known as Kiberphant0m -- remains at large and continues to publicly extort victims. However, this person's...

TracFone will pay $16 million to settle FCC data breach investigation

Following three separate data breaches between 2021 and 2023 which exposed the proprietary information PI of TracFone Wireless customers, the Federal Communications Commission FCC announced that the Verizon-owned company has agreed to pay a $16 million civil penalty to settle the government...

Authy phone numbers accessed by cybercriminals, warns Twilio

Twilio has warned users of the Authy multi-factor authentication MFA app about an incident in which cybercriminals may have obtained their phone numbers. Twilio said the cybercriminals abused an unsecured Application Programming Interface API endpoint to verify the phone numbers of millions of...

U.K. Hacker Linked to Notorious Scattered Spider Group Arrested in Spain

Law enforcement authorities have allegedly arrested a key member of the notorious cybercrime group called Scattered Spider. The individual, a 22-year-old man from the United Kingdom, was arrested this week in the Spanish city of Palma de Mallorca as he attempted to board a flight to Italy. The mo...

Alleged Boss of ‘Scattered Spider’ Hacking Group Arrested

A 22-year-old man from the United Kingdom arrested this week in Spain is allegedly the ringleader of Scattered Spider, a cybercrime group suspected of hacking into Twilio, LastPass, DoorDash, Mailchimp, and nearly 130 other organizations over the past two years. The Spanish daily Murcia Today...

Store manager admits SIM swapping his customers

A 42-year-old manager at an unnamed telecommunications company has admitted SIM swapping customers at his store. SIM swapping, also known as SIM jacking, is the act of illegally taking over a target’s cell phone number and re-routing it to a phone under the attackers control. Once an attacker has...

Facebook Marketplace users’ stolen data offered for sale

Personal data belonging to Facebook Marketplace users has been published online, according to BleepingComputer. A cybercriminal was allegedly able to steal a partial database after hacking the systems of a Meta contractor. The leak consists of around 200,000 records that contain names, phone...

Data Breach Affects 66,000 in SIM-Swapping Attacks on US Insurance Giants

By Waqas The data breach targeted insurance giants Washington National Insurance Company and Bankers Life and Casualty Company. This is a post from HackRead.com Read the original post: Data Breach Affects 66,000 in SIM-Swapping Attacks on US Insurance Giants...

Arrests in $400M SIM-Swap Tied to Heist at FTX?

Three Americans were charged this week with stealing more than $400 million in a November 2022 SIM-swapping attack. The U.S. government did not name the victim organization, but there is every indication that the money was stolen from the now-defunct cryptocurrency exchange FTX, which had just...

Fla. Man Charged in SIM-Swapping Spree is Key Suspect in Hacker Groups Oktapus, Scattered Spider

On Jan. 9, 2024, U.S. authorities arrested a 19-year-old Florida man charged with wire fraud, aggravated identity theft, and conspiring with others to use SIM-swapping to steal cryptocurrency. Sources close to the investigation tell KrebsOnSecurity the accused was a key member of a criminal hacki...

SEC X account hacked to hawk crypto-scams

We have seen several high-profile accounts that were taken over on X formerly Twitter only to be used for cryptocurrency related promotional activities, like expressing the approval of exchange-traded funds ETFs. The latest victim in this line-up is the Securities and Exchange Commission SEC. The...

Here’s Some Bitcoin: Oh, and You’ve Been Served!

A California man who lost $100,000 in a 2021 SIM-swapping attack is suing the unknown holder of a cryptocurrency wallet that harbors his stolen funds. The case is thought to be the first in which a federal court has recognized the use of information included in a bitcoin transaction -- such as a...

British LAPSUS$ Teen Members Sentenced for High-Profile Attacks

Two British teens part of the LAPSUS$ cyber crime and extortion gang have been sentenced for their roles in orchestrating a string of high-profile attacks against a number of companies. Arion Kurtaj, an 18-year-old from Oxford, has been sentenced to an indefinite hospital order due to his intent ...

US Man Jailed 8 Years for SIM Swapping and Apple Support Impersonation

By Waqas In addition to his prison sentence, Amir Hossein Golshan, the culprit, has been ordered to pay $1,218,526 in restitution to his victims. This is a post from HackRead.com Read the original post: US Man Jailed 8 Years for SIM Swapping and Apple Support Impersonation...

FCC Enforces Stronger Rules to Protect Customers Against SIM Swapping Attacks

The U.S. Federal Communications Commission FCC is adopting new rules that aim to protect consumers from cell phone account scams that make it possible for malicious actors to orchestrate SIM-swapping attacks and port-out fraud. "The rules will help protect consumers from scammers who target data...

Octo Tempest cybercriminal group is “a growing concern”—Microsoft

Octo Tempest is believed to be a group of native English speaking cybercriminals that uses social engineering campaigns to compromise organizations all over the world. Initially the group made a name for itself by SIM swapping. SIM swapping, also known as SIM jacking, is the act of illegally taki...

Microsoft Warns as Scattered Spider Expands from SIM Swaps to Ransomware

The prolific threat actor known as Scattered Spider has been observed impersonating newly hired employees in targeted firms as a ploy to blend into normal on-hire processes and takeover accounts and breach organizations across the world. Microsoft, which disclosed the activities of the financiall...

Octo Tempest crosses boundaries to facilitate extortion, encryption, and destruction

Microsoft has been tracking activity related to the financially motivated threat actor Octo Tempest, whose evolving campaigns represent a growing concern for organizations across multiple industries. Octo Tempest leverages broad social engineering campaigns to compromise organizations across the...