SMS Phishing + Cardless ATM = Profit
Thieves are combining SMS-based phishing attacks with new “cardless” ATMs to rapidly convert phished bank account credentials into cash. Recent arrests in Ohio shed light on how this scam works.
Thieves are combining SMS-based phishing attacks with new “cardless” ATMs to rapidly convert phished bank account credentials into cash. Recent arrests in Ohio shed light on how this scam works.
A year after offering free credit monitoring to all Americans on account of its massive data breach that exposed the personal information of nearly 148 million people, Equifax now says it has chosen to extend the offer by turning to a credit monitoring service offered by a top competitor — Experian. And to do that, it will soon be sharing with Experian contact information that affected consumers gave to Equifax in order to sign up for the service.
The convicted co-author of the highly disruptive Mirai botnet malware strain has been sentenced to 2,500 hours of community service, six months home confinement, and ordered to pay $8.6 million in restitution for repeatedly using Mirai to take down Internet services at Rutgers University, his former alma mater.
The fraudsters behind the often laughable Nigerian prince email scams have long since branched out into far more serious and lucrative forms of fraud, including account takeovers, phishing, dating scams, and malware deployment. Combating such a multifarious menace can seem daunting, but in truth it calls for concerted efforts to tackle the problem from many different angles. This post examines the work of a large, private group of volunteers dedicated to doing just that.
A powerful, easy-to-use password stealing program known as Agent Tesla has been infecting computers since 2014, but recently this malware strain has seen a surge in popularity — attracting more than 6,300 customers who pay monthly fees to license the software. Although Agent Tesla includes a multitude of features designed to help it remain undetected on host computers, the malware’s apparent creator seems to have done little to hide his real-life identity.
Earlier this month I spoke at a cybersecurity conference in Albany, N.Y. alongside Tony Sager, senior vice president and chief evangelist at the Center for Internet Security and a former bug hunter at the U.S. National Security Agency. We talked at length about many issues, including supply chain security, and I asked Sager whether he’d heard anything about rumors that Supermicro — a high tech firm in San Jose, Calif. — had allegedly inserted hardware backdoors in technology sold to a number of American companies.
Microsoft this week released software updates to fix roughly 50 security problems with various versions of its Windows operating system and related software, including one flaw that is already being exploited and another for which exploit code is publicly available.
What do we do with a company that regularly pumps metric tons of virtual toxic sludge onto the Internet and yet refuses to clean up their act? If ever there were a technology giant that deserved to be named and shamed for polluting the Web, it is Xiongmai — a Chinese maker of electronic parts that power a huge percentage of cheap digital video recorders (DVRs) and Internet-connected security cameras.
From time to time, there emerge cybersecurity stories of such potential impact that they have the effect of making all other security concerns seem minuscule and trifling by comparison. Yesterday was one of those times. Bloomberg Businessweek on Thursday published a bombshell investigation alleging that Chinese cyber spies had used a U.S.-based tech firm to secretly embed tiny computer chips into electronic devices purchased and used by almost 30 different companies. There aren’t any corroborating accounts of this scoop so far, but it is both fascinating and terrifying to look at why threats to the global technology supply chain can be so difficult to detect, verify and counter.
A ridiculous number of companies are exposing some or all of their proprietary and customer data by putting it in the cloud without any kind of authentication needed to read, alter or destroy it. When cybercriminals are the first to discover these missteps, usually the outcome is a demand for money in return for the stolen data. But when these screw-ups are unearthed by security professionals seeking to make a name for themselves, the resulting publicity often can leave the breached organization wishing they’d instead been quietly extorted by anonymous crooks.