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For the past four years, a sprawling Android-based botnet called Popa has forced millions of consumer TV boxes to relay Internet traffic linked to advertising fraud, account takeovers, and mass data-scraping efforts. This week, researchers from multiple security firms concluded that the Popa botnet is linked to NetNut, a "residential proxy" provider operated by the publicly-traded Israeli firm Alarum Technologies Ltd [NASDAQ: ALAR].

Bank Info Security 1 month, 4 weeks ago

Android Ad Fraud Operation Generates 659M Bid Requests

Researchers Identify 455 Malicious Apps Tied to Global Malvertising CampaignCybercriminals used malicious Android apps to funnel unwitting users to an ad fraud scam that generated up to 659 million daily bid requests, reports Human Security. The scam has spanned 455 malicious Android apps and is linked to 183 threat actor-owned command-and-control domains.

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

Cybersecurity researchers have unmasked a novel ad fraud scheme that has been found to leverage search engine poisoning (SEO) techniques and artificial intelligence (AI)-generated content to push deceptive news stories into Google's Discover feed and trick users into enabling persistent browser notifications that lead to scareware and financial scams

Bank Info Security 5 months, 4 weeks ago

Face-Swapping Tools Pose Elevated 'Know Your Customer' Risks

Easy-to-Use Deepfake Services for Criminals Rapidly Improving, Researchers WarnFinancial firms' fraud and risk teams must bolster know-your-customer checks in the face of increasingly effective and affordable deepfake technology and services that can generate synthetic identities, convincing face-swaps and defeat "live" biometric checks to bypass defenses, warn researchers.

The U.S. Federal Bureau of Investigation (FBI) has warned that cybercriminals are impersonating financial institutions with an aim to steal money or sensitive information to facilitate account takeover (ATO) fraud schemes

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

Cybersecurity researchers have shed light on a Chinese-speaking cybercrime group codenamed UAT-8099 that has been attributed to search engine optimization (SEO) fraud and theft of high-value credentials, configuration files, and certificate data.  The attacks are designed to target Microsoft Internet Information Services (IIS) servers, with most of the infections reported in India, Thailand

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