Tag Archives: Paypal

The Risk of Weak Online Banking Passwords

August 5, 2019

If you bank online and choose weak or re-used passwords, there’s a decent chance your account could be pilfered by cyberthieves — even if your bank offers multi-factor authentication as part of its login process. This story is about how crooks increasingly are abusing third-party financial aggregation services like Mint, Plaid, Yodlee, YNAB and others to surveil and drain consumer accounts online.

Following the Money Hobbled vDOS Attack-for-Hire Service

June 6, 2017

A new report proves the value of following the money in the fight against dodgy cybercrime services known as “booters” or “stressers” — virtual hired muscle that can be rented to knock nearly any website offline.

Last fall, two 18-year-old Israeli men were arrested for allegedly running a vDOS, perhaps the most successful booter service of all time. The pair were detained within hours of being named in a story on this blog as the co-proprietors of the service (this site would later suffer a three-day outage as a result of an attack that was alleged to have been purchased in retribution for my reporting on vDOS).

That initial vDOS story was based on data shared by an anonymous source who had hacked vDOS and obtained its private user and attack database. The story showed how the service made approximately $600,000 over just two of the four years it was in operation. Most of those profits came in the form of credit card payments via PayPal.

But prior to vDOS’s takedown in September 2016, the service was already under siege thanks to work done by a group of academic researchers who teamed up with PayPal to identify and close accounts that vDOS and other booter services were using to process customer payments. The researchers found that their interventions cut profits in half for the popular booter service, and helped reduce the number of attacks coming out of it by at least 40 percent.

Who Ran Leakedsource.com?

February 15, 2017

Late last month, multiple news outlets reported that unspecified law enforcement officials had seized the servers for Leakedsource.com, perhaps the largest online collection of usernames and passwords leaked or stolen in some of the worst data breaches — including billions of credentials for accounts at top sites like LinkedIn, Myspace, and Yahoo.

In a development that may turn out to be deeply ironic, it seems that the real-life identity of Leakedsource’s principal owner may have been exposed by many of the same stolen databases he’s been peddling.

Israeli Online Attack Service ‘vDOS’ Earned $600,000 in Two Years

September 8, 2016

vDOS — a so-called “booter” service that has earned in excess of $600,000 over the past two years helping customers coordinate more than 150,000 so-called distributed denial-of-service (DDoS) attacks designed to knock Web sites offline — has been massively hacked, spilling secrets about tens of thousands of paying customers and their targets.

The vDOS database, obtained by KrebsOnSecurity.com at the end of July 2016, points to two young men in Israel as the principle owners and masterminds of the attack service, with support services coming from several young hackers in the United States.

The vDOS database, obtained by KrebsOnSecurity.com, points to two young men in Israel as the principle owners and masterminds of the attack service, with support services coming from several young hackers in the United States.

The vDOS database, obtained by KrebsOnSecurity.com, points to two young men in Israel as the principle owners and masterminds of the attack service, with support services coming from several young hackers in the United States.

How Carders Can Use eBay as a Virtual ATM

November 3, 2015

How do fraudsters “cash out” stolen credit card data? Increasingly, they are selling in-demand but underpriced products on eBay that they don’t yet own. Once the auction is over, the auction fraudster uses stolen credit card data to buy the merchandise from an e-commerce store and have it shipped to the auction winner. Because the auction winners actually get what they bid on and unwittingly pay the fraudster, very often the only party left to dispute the charge is the legitimate cardholder.

Stress-Testing the Booter Services, Financially

August 17, 2015

The past few years have witnessed a rapid proliferation of cheap, Web-based services that troublemakers can hire to knock virtually any person or site offline for hours on end. Such services succeed partly because they’ve enabled users to pay for attacks with PayPal. But a collaborative effort by PayPal and security researchers has made it far more difficult for these services to transact with their would-be customers.

How Not to DDoS Your Former Employer

August 20, 2013

Pro tip: If you’re planning to launch a debilitating denial-of-service attack against your former employer, try not to “like” the Facebook page of the DDoS-for-hire Web service that you intend to use in the assault. Tell that to Kevin Courtois, a 28-year-old from Three Rivers, Quebec who was arrested earlier this year for allegedly launching a volley of cyber attacks against his former company over a nine month period beginning in May 2012.

Buying Battles in the War on Twitter Spam

August 14, 2013

The success of social networking community Twitter has given rise to an entire shadow economy that peddles dummy Twitter accounts by the thousands, primarily to spammers, scammers and malware purveyors. But new research on identifying bogus accounts has helped Twitter to drastically deplete the stockpile of existing accounts for sale, and holds the promise of driving up costs for both vendors of these shady services and their customers.

Cashout Service for Ransomware Scammers

June 3, 2013

There are 1,001 ways to swindle people online, but the hardest part for crooks is converting those ill-gotten gains into cash. A new service catering to purveyors of ransomware — malware that hijacks PCs until victims pay a ransom – levees a hefty fee for laundering funds from these scams, and it does so by abusing a legitimate Web site that allows betting on dog and horse races in the United States.