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Cybersecurity researchers have disclosed details of a telecommunications fraud campaign that uses fake CAPTCHA verification tricks to dupe unsuspecting users into sending international text messages that incur charges on their mobile bills, generating illicit revenue for the threat actors who lease the phone numbers

Crimson Collective claims 'sophisticated attack' that allows them to 'disconnect every user from their mobile service' Internet service provider Brightspeed confirmed that it's investigating criminals' claims that they stole more than a million customers' records and have listed them for sale for three bitcoin, or about $276,370. …

Cheap Android smartphones manufactured by Chinese companies have been observed pre-installed with trojanized apps masquerading as WhatsApp and Telegram that contain cryptocurrency clipper functionality as part of a campaign since June 2024

Bank Info Security 2 years, 4 months ago

Mobile-Driven Phishing Spoofs FCC, Cryptocurrency Giants

Researchers Say Hackers Used Fake Login Pages to Trick 100 Victims, Crypto WorkersA new phishing campaign is targeting victims through mobile devices by mirroring legitimate login pages for the Federal Communications Commission and large cryptocurrency platforms including Binance and Coinbase. At least 100 victims, including crypto company employees, have fallen for the scam.

Bank Info Security 2 years, 5 months ago

Hackers Used SIM Swapping to Breach US SEC X Account

Hackers Spread Fake News About SEC Approving Spot Bitcoin Exchange-Traded FundIt wasn't a sophisticated hack on Jan. 9 that allowed hackers to briefly take control of an official U.S. Securities and Exchange Commission social media account, the agency said Monday. The hackers simply scammed the account's mobile phone provider in a SIM swap attack.

Trend Micro Research, News and Perspectives 2 years, 11 months ago

Related CherryBlos and FakeTrade Android Malware Involved in Scam Campaigns

Trend Micro’s Mobile Application Reputation Service (MARS) team discovered two new related Android malware families involved in cryptocurrency-mining and financially-motivated scam campaigns targeting Android users.

Joseph James "PlugwalkJoe" O'Connor, a 24-year-old from the United Kingdom who earned his 15 minutes of fame by participating in the July 2020 hack of Twitter, has been sentenced to five years in a U.S. prison. That may seem like harsh punishment for a brief and very public cyber joy ride. But O'Connor also pleaded guilty in a separate investigation involving a years-long spree of cyberstalking and cryptocurrency theft enabled by "SIM swapping," a crime wherein fraudsters trick a mobile provider into diverting a customer's phone calls and text messages to a device they control.

Trend Micro Research, News and Perspectives 3 years, 5 months ago

TgToxic Malware’s Automated Framework Targets Southeast Asia Android Users

We look into an ongoing malware campaign we named TgToxic, targeting Android mobile users in Taiwan, Thailand, and Indonesia since July 2022. The malware steals users’ credentials and assets such as cryptocurrency from digital wallets, as well as money from bank and finance apps. Analyzing the automated features of the malware, we found that the threat actor abused legitimate test framework Easyclick to write a Javascript-based automation script for functions such as clicks and gestures.

Five malicious dropper Android apps with over 130,000 cumulative installations have been discovered on the Google Play Store distributing banking trojans like SharkBot and Vultur, which are capable of stealing financial data and performing on-device fraud

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