Monthly Archives: October 2019

Takeaways from the $566M BriansClub breach

October 29, 2019

Reporting on the exposure of some 26 million stolen credit cards leaked from a top underground cybercrime store highlighted some persistent and hard truths. Most notably, that the world’s largest financial institutions tend to have a much better idea of which merchants and which bank cards have been breached than do the thousands of smaller banks and credit unions across the United States. Also, a great deal of cybercrime seems to be perpetrated by a relatively small number of people.

Cachet Financial Reeling from MyPayrollHR Fraud

October 24, 2019

When NY based cloud payroll provider MyPayrollHR unexpectedly shuttered its doors last month and disappeared with $26 million worth of customer payroll deposits, its payments processor Cachet Financial Services ended up funding the bank accounts of MyPayrollHR client company employees anyway, graciously eating a $26 million loss which it is now suing to recover.

Avast, NordVPN Breaches Tied to Phantom User Accounts

October 21, 2019

Antivirus and security giant Avast and virtual private networking (VPN) software provider NordVPN each today disclosed months-long network intrusions that — while otherwise unrelated — shared a common cause: Forgotten or unknown user accounts that granted remote access to internal systems with little more than a password.

When Card Shops Play Dirty, Consumers Win

October 16, 2019

Cybercrime forums have been abuzz this week over news that BriansClub — one of the underground’s largest shops for stolen credit and debit cards — had been hacked, and its inventory of 26 million cards leaked to security contacts in the banking industry. Now it appears this brazen heist may have been the result of one of BriansClub’s longtime competitors trying to knock out a rival.

“BriansClub” Hack Rescues 26M Stolen Cards

October 15, 2019

“BriansClub,” a popular underground store for buying stolen credit card data that uses Yours Truly’s likeness in its advertising, has itself been hacked. The data stolen from BriansClub encompasses more than 26 million credit and debit card records taken from hacked online and brick-and-mortar retailers over the past four years, including almost eight million records uploaded to the shop in 2019 alone.

Mariposa Botnet Author, Darkcode Crime Forum Admin Arrested in Germany

October 1, 2019

A Slovenian man convicted of authoring the destructive and once-prolific¬†Mariposa botnet and running the infamous¬†Darkode cybercrime forum has been arrested in Germany on request from prosecutors in the United States, who’ve recently re-indicted him on related charges.