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Latest cybersecurity reporting from selected sources.

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Bank Info Security 1 month, 1 week ago

Identity Scams Evolve Into Multi-Stage Attacks

Victims Increasingly Face Multiple Compromises From a Single IncidentIdentity theft scams are increasingly unfolding as coordinated, AI-assisted attack chains that begin with phishing or impersonation escalate into account takeovers, device compromise and broader fraud, according to the Identity Theft Resource Center.

Fraudsters Tokenize Stolen Cards Into Attacker WalletsGoogle Threat Intelligence Group warned that Chinese-language phishing-as-a-service platforms are using AI, encrypted messaging and real-time OTP interception to bypass multifactor authentication and provision stolen payment cards into attacker-controlled digital wallets worldwide.

Also: ZachXBT Uncovers DPRK Worker Scam, Hyperbridge Hack, Coinone FineThis week, Operation Atlantic disrupts $45M phishing fraud, ZachXBT uncovers DPRK crypto worker scheme, Hyperbridge exploit, South Korea fines Coinone $3.5M, Kraken faces extortion attempt over insider data leak and American musician loses $420K in fake Ledger app.

Bank Info Security 4 months, 3 weeks ago

Phishing Platform Targeting Trucking and Logistics Disrupted

Russian and Armenian Operators Tied to Logistics-Focused 'Diesel Vortex' GroupCybersecurity investigators have identified, unmasked and disrupted a months-long organized criminal effort that developed a phishing-as-a-service designed to target Western users of popular logistics platforms, facilitating multiple types of fraud and displaying operators' deep industry knowledge.

Bank Info Security 8 months, 2 weeks ago

Cryptohack Roundup: Allegations Involving Melania Memecoins

Also: LastPass Warns of Phishing Campaign, Trump's New CTFC Head PickEvery week, Information Security Media Group rounds up cybersecurity incidents in digital assets. This week, Meteora CEO faced fraud allegations, LastPass warned of a phishing campaign, Trump taps crypto lawyer to lead CFTC, Mt. Gox delayed creditor repayments again and an Indian court blocked WazirX from using customer funds to cover hack losses.

Britain's Tax Collector HMRC Lost $63 Million to Fraudsters Wielding Taxpayer DataPolice on Thursday arrested 13 individuals in Romania and one in England on suspicion of engaging in a massive tax fraud scheme against Britain. The arrests appear to be tied to a gang that used phishing attacks against British taxpayers to steal $63 million via fraudulent tax claims.

Alerts Come on the Heels of Recent Attacks on InsurersU.S. federal authorities are warning the public and healthcare sector entities of email and fax phishing scams by fraudsters seeking to steal personal information about patients or payments. The warnings come as three large U.S. insurers continue to recover from recent cyberattacks.

Bank Info Security 1 year, 1 month ago

Hackers Target Job Recruiters Through Malicious Resumes

Russian Speaking Hackers FIN6 Flip Job Fraud ScriptFinancially-motivated hackers tracked as FIN6 have flipped the script on job fraud, impersonating job seekers to phish recruiters and deploy stealthy malware through fake resumes hosted on trusted cloud platforms. The group engages recruiters on LinkedIn and Indeed with realistic resumes.

Bank Info Security 1 year, 9 months ago

Breach Roundup: Gobal Signal Exchange to Curb Online Fraud

Also: A Fidelity Breach, Mamba PhishingThis week, the Global Signal Exchange hopes to dent online crime, a Fidelity data breach, phishing platform targets Microsoft 365 users, October Patch Tuesday, Pavel Durov said he's always cooperated with police, Highline Public Schools and CreditRiskMonitor updates, ADT and Casio suffered breaches

Hackers Used Dozens of Servers to Distribute Malicious Android AppsLaw enforcement authorities in Singapore, Malaysia, Hong Kong and Taiwan took down a cybercrime ring that used dozens of servers and hundreds of phishing pages across multiple jurisdictions to run a malware-enabled scam operation and steal tens of millions from victims' bank accounts.

Bank Info Security 2 years, 5 months ago

Cryptohack Roundup: Cash Is Still King for Criminals

Also: Changpeng Zhao's Sentencing; UN Probe of North Korean HacksThis week, the U.S. Treasury reported on crypto in crime, Changpeng Zhao's sentencing was rescheduled, PlayDapp was hacked, the UN probed North Korean hacking, suspicious crypto transactions increased in South Korea, the U.K. blocked fraud sites and Hong Kong warned about crypto phishing sites.

Bank Info Security 2 years, 5 months ago

Watching the Watchdog: Learning from HHS' Grant Payment Mess

Tight-Lipped Agency's Next Move in Wake of $7.5M Scam Could Be TellingRumors are swirling about how the Department of Health and Human Services lost about $7.5 million in grant payments through a series of cyberattacks last year, including speculation over whether the incidents involved sophisticated AI-augmented spear-phishing or more commonplace fraud schemes.