Category Archives: Web Fraud 2.0

How to Tell a Job Offer from an ID Theft Trap

May 21, 2021

One of the oldest scams around — the fake job interview that seeks only to harvest your personal and financial data — is on the rise, the FBI warns. Here’s the story of a recent LinkedIn impersonation scam that led to more than 100 people getting duped, and one almost-victim who decided the job offer was too-good-to-be-true.

Recycle Your Phone, Sure, But Maybe Not Your Number

May 19, 2021

Many online services allow users to reset their passwords by clicking a link sent via SMS, and this unfortunately widespread practice has turned mobile phone numbers into de facto identity documents. Which means losing control over one thanks to a divorce, job termination or financial crisis can be devastating.

Even so, plenty of people willingly abandon a mobile number without considering the potential fallout to their digital identities when those digits invariably get reassigned to someone else. New research shows how fraudsters can abuse wireless provider websites to identify available, recycled mobile numbers that allow password resets at a range of email providers and financial services online.

Malicious Office 365 Apps Are the Ultimate Insiders

May 5, 2021

Phishers targeting Microsoft Office 365 users increasingly are turning to specialized links that take users to their organization’s own email login page. After a user logs in, the link prompts them to install a malicious but innocuously-named app that gives the attacker persistent, password-free access to any of the user’s emails and files, both of which are then plundered to launch malware and phishing scams against others.

Arrest, Raids Tied to ‘U-Admin’ Phishing Kit

February 8, 2021

Cyber cops in Ukraine carried out an arrest and several raids last week in connection with the author of a U-Admin, a software package used to administer what’s being called “one of the world’s largest phishing services.” The operation was carried out in coordination with the FBI and authorities in Australia, which was particularly hard hit by phishing scams perpetrated by U-Admin customers.

Facebook, Instagram, TikTok and Twitter Target Resellers of Hacked Accounts

February 4, 2021

Facebook, Instagram, TikTok, and Twitter this week all took steps to crack down on users involved in trafficking hijacked user accounts across their platforms. The coordinated action seized hundreds of accounts the companies say have played a major role in facilitating the trade and often lucrative resale of compromised, highly sought-after usernames.

‘ValidCC,’ a Major Payment Card Bazaar and Looter of E-Commerce Sites, Shuttered

February 2, 2021

ValidCC, a dark web bazaar run by a cybercrime group that for more than six years hacked online merchants and sold stolen payment card data, abruptly closed up shop last week. The proprietors of the popular store said their servers were seized as part of a coordinated law enforcement operation designed to disconnect and confiscate its infrastructure.

GoDaddy Employees Used in Attacks on Multiple Cryptocurrency Services

November 21, 2020

Fraudsters redirected email and web traffic destined for several cryptocurrency trading platforms over the past week. The attacks were facilitated by scams targeting employees at GoDaddy, the world’s largest domain name registrar, KrebsOnSecurity has learned.

Be Very Sparing in Allowing Site Notifications

November 17, 2020

An increasing number of websites are asking visitors to approve “notifications,” browser modifications that periodically display messages on the user’s mobile or desktop device. In many cases these notifications are benign, but several dodgy firms are paying site owners to install their notification scripts and then selling that communications pathway to scammers and online hucksters.

Two Charged in SIM Swapping, Vishing Scams

November 3, 2020

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 information.

Amid an Embarrassment of Riches, Ransom Gangs Increasingly Outsource Their Work

October 8, 2020

There’s an old adage in information security: “Every company gets penetration tested, whether or not they pay someone for the pleasure.” Many organizations that do hire professionals to test their network security posture unfortunately tend to focus on fixing vulnerabilities hackers could use to break in. But judging from the proliferation of help-wanted ads for offensive pentesters in the cybercrime underground, today’s attackers have exactly zero trouble gaining that initial intrusion: The real challenge seems to be hiring enough people to help everyone profit from the access already gained.