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Cybersecurity researchers have shed light on a cybercriminal group called Jingle Thief that has been observed targeting cloud environments associated with organizations in the retail and consumer services sectors for gift card fraud
Also: Trump Signs Pro-Crypto EO, Credix Disappears After $4.5M HackEvery week, Information Security Media Group rounds up cybersecurity incidents in digital assets. This week, includes Do Kwon's guilty plea, Trump's crypto-linked executive order, Credix's post-hack disappearance, $7M Odin.fun exploit and hackers using fake Firefox crypto wallet extensions for theft.
Also: Samourai Wallet Co-Founders' Guilty Plea, Coinbase Loss From Data TheftThis week, Tornado Cash co-founder convicted, Samourai Wallet guilty plea, Coinbase insider data theft, a U.S. court overturned an OpenSea executive's fraud conviction, AI-written malware stole crypto, Credix exploit, CZ sought dismissal of FTX claim, July hacks and a FinCEN crypto ATM warning.
Apple on Tuesday revealed that it prevented over $9 billion in fraudulent transactions in the last five years, including more than $2 billion in 2024 alone
Also, Nike Sued Over Shutdown of NFT SubsidiaryThis week, KiloEX compensation after Oracle exploit, Nike sued over NFT shutdown, SEC dropped probe into PayPal PYUSD, Long Island man sentenced for crypto fraud, Americans lost billions to crypto scams, Loopscale exploiter agreed to return stolen funds and bank regulators softened stance on crypto.
SIM swapping fraud surges in the Middle East as cybercriminals exploit websites mimicking legitimate services to steal personal data
Cyberattackers could exploit CVE-2023-20238 to carry out a variety of nefarious deeds, from data theft and code execution to phishing, fraud, and DoS.