Category Archives: Web Fraud 2.0

How Cryptocurrency Turns to Cash in Russian Banks

December 11, 2024
26 Comments

A financial firm registered in Canada has emerged as the payment processor for dozens of Russian cryptocurrency exchanges and websites hawking cybercrime services aimed at Russian-speaking customers, new research finds. Meanwhile, an investigation into the Vancouver street address used by this company shows it is home to dozens of foreign currency dealers, money transfer businesses, and cryptocurrency exchanges — none of which are physically located there.

FBI: Spike in Hacked Police Emails, Fake Subpoenas

November 9, 2024
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The Federal Bureau of Investigation (FBI) is urging police departments and governments worldwide to beef up security around their email systems, citing a recent increase in cybercriminal services that use hacked police email accounts to send unauthorized subpoenas and customer data requests to U.S.-based technology companies.

Booking.com Phishers May Leave You With Reservations

November 1, 2024
34 Comments

A number of cybercriminal innovations are making it easier for scammers to cash in on your upcoming travel plans. This story examines a recent spear-phishing campaign that ensued when a California hotel had its booking.com credentials stolen. We’ll also explore an array of cybercrime services aimed at phishers who target hotels that rely on the world’s most visited travel website.

Sudanese Brothers Arrested in ‘AnonSudan’ Takedown

October 17, 2024
11 Comments

The U.S. government on Wednesday announced the arrest and charging of two Sudanese brothers accused of running Anonymous Sudan (a.k.a. AnonSudan), a cybercrime business known for launching powerful distributed denial-of-service (DDoS) attacks against a range of targets, including dozens of hospitals, news websites and cloud providers. One of the brothers is facing life in prison for allegedly seeking to kill people with his attacks.

Lamborghini Carjackers Lured by $243M Cyberheist

October 9, 2024
36 Comments

The parents of a 19-year-old Connecticut honors student accused of taking part in a $243 million cryptocurrency heist in August were carjacked a week later, while out house-hunting in a brand new Lamborghini. Prosecutors say the couple was beaten and briefly kidnapped by six young men who traveled from Florida as part of a botched plan to hold the parents for ransom.

A Single Cloud Compromise Can Feed an Army of AI Sex Bots

October 3, 2024
45 Comments

Organizations that get relieved of credentials to their cloud environments can quickly find themselves part of a disturbing new trend: Cybercriminals using stolen cloud credentials to operate and resell sexualized AI-powered chat services. Researchers say these illicit chat bots, which use custom jailbreaks to bypass content filtering, often veer into darker role-playing scenarios, including child sexual exploitation and rape.

Crooked Cops, Stolen Laptops & the Ghost of UGNazi

September 30, 2024
43 Comments

A California man accused of failing to pay taxes on tens of millions of dollars allegedly earned from cybercrime also paid local police officers hundreds of thousands of dollars to help him extort, intimidate and silence rivals and former business partners, a new indictment charges. KrebsOnSecurity has learned that many of the man’s alleged targets were members of UGNazi, a hacker group behind multiple high-profile breaches and cyberattacks back in 2012.

U.S. Indicts 2 Top Russian Hackers, Sanctions Cryptex

September 26, 2024
28 Comments

The United States today unveiled sanctions and indictments against the alleged proprietor of Joker’s Stash, a now-defunct cybercrime store that peddled tens of millions of payment cards stolen in some of the largest data breaches of the past decade. The government also indicted a top Russian cybercriminal known as Taleon, whose cryptocurrency exchange Cryptex has evolved into one of Russia’s most active money laundering networks.

This Windows PowerShell Phish Has Scary Potential

September 19, 2024
60 Comments

Many GitHub users this week received a novel phishing email warning of critical security holes in their code. Those who clicked the link for details were asked to distinguish themselves from bots by pressing a combination of keyboard keys that causes Microsoft Windows to download password-stealing malware. While it’s unlikely that many programmers fell for this scam, it’s notable because less targeted versions of it are likely to be far more successful against the average Windows user.

Scam ‘Funeral Streaming’ Groups Thrive on Facebook

September 18, 2024
25 Comments

Scammers are flooding Facebook with groups that purport to offer video streaming of funeral services for the recently deceased. Friends and family who follow the links for the streaming services are then asked to cough up their credit card information. Recently, these scammers have branched out into offering fake streaming services for nearly any kind of event advertised on Facebook. Here’s a closer look at the size of this scheme, and some findings about who may be responsible.