Tech CEO Pleads to Wire Fraud in IP Address Scheme

The CEO of a South Carolina technology firm has pleaded guilty to 20 counts of wire fraud in connection with an elaborate network of phony companies set up to obtain more than 735,000 Internet Protocol IP addresses from the nonprofit organization that leases the digital real estate to entities in...

Wire Fraud Scam Upgraded with Bitcoin

The FBI has issued a bulletin describing a bitcoin variant of a wire fraud scam: As the agency describes it, the scammer will contact their victim and somehow convince them that they need to send money, either with promises of love, further riches, or by impersonating an actual institution like a...

Russian TrickBot Gang Hacker Extradited to U.S. Charged with Cybercrime

A Russian national, who was arrested in South Korea last month and extradited to the U.S. on October 20, appeared in a federal court in the state of Ohio on Thursday to face charges for his alleged role as a member of the infamous TrickBot group. Court documents showed that Vladimir Dunaev, 38,...

Antivirus Pioneer John McAfee Found Dead in Spanish Jail

Controversial mogul and antivirus pioneer John McAfee on Wednesday died by suicide in a jail cell in Barcelona, hours after reports that he would be extradited to face federal charges in the U.S. McAfee was 75. He is said to have died by hanging "as his nine months in prison brought him to...

TrickBot Coder Faces Decades in Prison

The U.S. Department of Justice announced on Friday the arraignment of a Latvian for her alleged role in creating and operating the infamous TrickBot malware. Alla Witte, who is known in cybercrime circles by the handle “Max,” was arrested in February in Miami. According to the indictment, she’s o...

22 people indicted on malware, credit card fraud charges

By Habiba Rashid 22 individuals in the US were indicted of wire fraud and identity theft after having been caught purchasing and using stolen payment cards. This is a post from HackRead.com Read the original post: 22 people indicted on malware, credit card fraud charges...

US charges Swiss hacker behind massive Verkada security camera hack

By Habiba Rashid The hacker Till Kottmann aka “deletescape” has been indicted for conspiracy, wire fraud, and aggravated identity theft by the US DOJ. This is a post from HackRead.com Read the original post: US charges Swiss hacker behind massive Verkada security camera hack...

18-Year-Old Hacker Gets 3 Years in Prison for Massive Twitter 'Bitcoin Scam' Hack

A Florida teen accused of masterminding the hacks of several high-profile Twitter accounts last summer as part of a widespread cryptocurrency scam pled guilty to fraud charges in exchange for a three-year prison sentence. Graham Ivan Clark, 18, will also serve an additional three years on...

Russian Hacker Gets 12-Years Prison for Massive JP Morgan Chase Hack

A U.S. court on Thursday sentenced a 37-year-old Russian to 12 years in prison for perpetrating an international hacking campaign that resulted in the heist of a trove of personal information from several financial institutions, brokerage firms, financial news publishers, and other American...

Ticketmaster To Pay $10 Million Fine For Hacking A Rival Company

Ticketmaster has agreed to pay a $10 million fine after being charged with illegally accessing computer systems of a competitor repeatedly between 2013 and 2015 in an attempt to "cut the company off at the knees." A subsidiary of Live Nation, the California-based ticket sales and distribution...

Holiday Puppy Swindle Has Consumers Howling

Puppy photos are undeniably irresistible but beware; researchers have uncovered a scheme selling fake German Shepherd puppies for Bitcoin, leaving buyers crushed and without a tiny fuzzy friend to cuddle on Christmas morning. The scam was discovered by an intrepid researcher at Anomali, who got...

Indian National Gets 20-Year Jail in United States for Running Scam Call Centers

An Indian national on Monday was sentenced to 20 years in prison in the Southern District of Texas for operating and funding India-based call centers that defrauded US victims out of millions of dollars between 2013 and 2016. Hitesh Madhubhai Patel aka Hitesh Hinglaj, who hails from the city of...

Two Charged in SIM Swapping, Vishing Scams

Two young men from the eastern United States have been hit with identity theft and conspiracy charges for allegedly stealing bitcoin and social media accounts by tricking employees at wireless phone companies into giving away credentials needed to remotely access and modify customer account...

$100M Botnet Scheme Lands Cybercriminal 8 Years in Jail

Authorities have sentenced a hacker to eight years in prison for trafficking stolen personally identifiable information PII and online banking credentials resulting in losses totaling over $100 million. Aleksandr Brovko, 36, formerly of the Czech Republic, pleaded guilty in February to conspiracy...

Wisc. GOP's $2.3M MAGA Hat Debacle Showcases Fraud Concerns

The Wisconsin Republican party’s war chest is lighter by $2.3 million after scammers posing as MAGA-hat vendors were able to spoof invoices in what appears to be a basic business email compromise BEC attack. It’s just the latest in a litany of attacks related to the upcoming election, and it...

NFL, NBA Players Hacked in Would-Be Cyber-Slam-Dunk

NFL and NBA athletes whose social-media accounts were taken over have been thrown the ball of justice. Multiple professional and semi-pro athletes were victimized by two men who infiltrated their personal accounts, according to testimony in federal court on Wednesday. Trevontae Washington of...

CEO of NS8 Charged with Securities Fraud

The founder and CEO of the Internet security company NS8 has been arrested and "charged in a Complaint in Manhattan federal court with securities fraud, fraud in the offer and sale of securities, and wire fraud." I admit that Ive never even heard of the company before...

17-Year-Old 'Mastermind', 2 Others Behind the Biggest Twitter Hack Arrested

A 17-year-old teen and two other 19 and 22-year-old individuals have reportedly been arrested for being the alleged mastermind behind the recent Twitter hack that simultaneously targeted several high-profile accounts within minutes as part of a massive bitcoin scam. According to the U.S. Departme...

17-Year-Old 'Mastermind', 2 Others Behind the Biggest Twitter Hack Arrested

A 17-year-old teen and two other 19 and 22-year-old individuals have reportedly been arrested for being the alleged mastermind behind the recent Twitter hack that simultaneously targeted several high-profile accounts within minutes as part of a massive bitcoin scam. According to the U.S. Departme...

‘Modern Bank Heists’ Threat Report Finds Dramatic Increase in Cyberattacks Against Financial Institutions Amid COVID-19

This marks the third edition of the Modern Bank Heists report, which takes an annual pulse of some of the financial industry’s top CISOs and security leaders. Thank you, again, for reading along and thank you to the 25 security leaders who participated in this year’s survey. This survey offers mo...