The year 2014 may well go down in the history books as the year that extortion attacks went mainstream. Fueled largely by the emergence of the anonymous online currency bitcoin, these modern-day shakedowns are blurring the lines between online and offline fraud, and giving novice computer users a crash course in modern-day cybercrime.
A Ukrainian man who claimed responsibility for organizing a campaign to send heroin to my home last summer has been arrested in Italy on suspicion of trafficking in stolen credit card accounts, among other things, KrebsOnSecurity.com has learned.
An investigation into a string of credit card breaches at dozens of car wash locations across the United States illustrates the challenges facing local law enforcement as they seek to connect the dots between cybercrime and local gang activity that increasingly cross multiple domestic and international borders.
The old adage “If it sounds too good to be true, it probably is” no doubt is doubly so when it comes to steeply discounted brand-name stuff for sale on random Web site, especially sports jerseys, tennis shoes and handbags. A great many stores selling these goods appear to be tied to an elaborate network of phony storefronts and credit card processing sites based out of China that will happily charge your card but deliver nothing (or at best flimsy knockoffs).
Nationwide restaurant chain P.F. Chang’s Chinese Bistro on Thursday confirmed news first reported on this blog: That customer credit and debit card data had been stolen in a cybercrime attack on its stores. The company had few additional details to… Read More »
Nationwide chain P.F. Chang’s China Bistro said today that it is investigating claims of a data breach involving credit and debit card data reportedly stolen from restaurant locations nationwide.
When you’re planning to rob the Russian cyber mob, you’d better be sure that you have the element of surprise, that you can make a clean getaway, and that you understand how your target is going to respond. Today’s column features an interview with two security experts who helped plan and execute this week’s global, collaborative effort to hijack the Gameover Zeus botnet, an extremely resilient and sophisticated crime machine that helped an elite group of thieves steal more than $100 million from banks, businesses and consumers worldwide
The Internet of Things is coming….to a highway sign near you? In the latest reminder that much of our nation’s “critical infrastructure” is held together with the Internet equivalent of spit and glue, authorities in several U.S. states are reporting that a hacker has once again broken into and defaced electronic road signs over highway in several U.S. states.
Over the past year, I’ve spent a great deal of time trolling a variety of underground stores that sell “dumps” — street slang for stolen credit card data that buyers can use to counterfeit new cards and go shopping in big-box stores for high-dollar merchandise that can be resold quickly for cash. By way of explaining this bizarro world, this post takes the reader on a tour of a rather exclusive and professional dumps shop that caters to professional thieves, high-volume buyers and organized crime gangs.
The U.S. Justice Department is expected to announce today an international law enforcement operation to seize control over the Gameover ZeuS botnet, a sprawling network of hacked Microsoft Windows computers that currently infects an estimated 500,000 to 1 million compromised systems globally. Experts say PCs infected with Gameover are being harvested for sensitive financial and personal data, and rented out to an elite cadre of hackers for use in online extortion attacks, spam and other illicit moneymaking schemes.
