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Cops bust latest scam, return $12m to bilked victims US, UK, and Canadian law enforcement Thursday said that they disrupted a $45 million global cryptocurrency scam, freezing $12 million in stolen funds and identifying more than 20,000 cryptocurrency wallet addresses linked to fraud victims across 30 countries.…
Researchers map full org chart of the scam from dodgy recruiters to helpful Western collaborators Researchers at IBM X‑Force and Flare Research have uncovered data that sheds light on how North Korea's fake IT worker schemes operate and infiltrate companies in order to funnel money back to the regime and steal sensitive information.…
Crooks tweak familiar copy-paste ruse so that victims run malicious commands themselves A new twist on the long-running ClickFix scam is now tricking Windows users into launching Windows Terminal and pasting malware into it themselves – handing the credential-stealing Lumma infostealer the keys to their browser vault.…
Crims hope for payday from malicious payloads rather than stealing access tokens Microsoft has warned organizations about ongoing OAuth abuse scams that use phishing emails and URL redirects to infect victims' machines with malware and take over their devices.…
SK Telecom's epic infosec faill will cost it another $1.5 billion South Korea’s government on Friday announced it will require local mobile carriers to verify the identity of new customers with facial recognition scans, in the hope of reducing scams.…
Claims he reported the attack in January after fraudsters tried to scam him A security researcher says Coinbase knew about a December 2024 security breach during which miscreants bribed its support staff into handing over almost 70,000 customers' details at least four months before it disclosed the data theft.…
Victims include hospitality, retail and education sectors A group of financially motivated cyberscammers who specialize in Scattered-Spider-like fake IT support phone calls managed to trick employees at about 20 organizations into installing a modified version of Salesforce's Data Loader that allows the crims to steal sensitive data.…
One expert tells us: 'It is the most unique breach disclosure I've ever seen' Coinbase says some of its overseas support staff were paid off to steal information on behalf of cybercriminals, and the company is now being extorted for $20 million.…
Phishers check in, your credentials check out, Microsoft warns An ongoing phishing campaign disguised as a Booking.com email casts keystroke and credential-stealing malware into hospitality employees' inboxes for financial fraud and theft, according to Microsoft Threat Intelligence.…
Timor-Leste is a known cybercrime hotspot Two days is all it took for Interpol to recover more than $40 million worth of stolen funds in a recent business email compromise (BEC) heist, the international cop shop said this week.…
Business is more lucrative than you might think The FBI says in just 12 months, scumbags stole circa $10 million from victims of crypto scams after posing as helpful lawyers offering to recover their lost tokens.…
In happier news, Ubuntu Pro extended support now goes up to 12 years After multiple waves of cryptocurrency credential-stealing apps were uploaded to the Snap store, Canonical is changing its policies.…
Plus: Chocolate Factory launches second lawsuit against false DMCA takedowns Google has sued three scammers for offering a fake download of its Bard AI chatbot that contained malware capable of stealing credentials for small business' social media accounts.…
Try out a hot new thing before official launch? Something smells phishy The FBI has warned of a scam in which criminals lure people into installing what they think are pre-release beta-grade phone apps to try out – only for the software to be laced with malware.…
If the price looks too good to be true, it probably is Ukrainian cops have arrested two suspects and detained 10 others for their alleged roles in a cybercrime gang that used phishing scams and phony online marketplaces to steal more than $4.3 million from over 1,000 victims across Europe.…
The scam was lurking behind the content of an adult website Scammers using Google Ads, stolen blog articles, and a "popunder" ad scheme on adult websites pulled in more than $275,000 a day by generating millions of ad impressions every month.…
Also, TLC gets schooled by Karakurt, and Cloudflare is offering free zero trust stuff to some small companies In brief Business email compromise (BEC) continues to be a multibillion-dollar threat, but it's evolving, with the FBI and other federal agencies warning that cybercriminals have started using spoofed emails to steal shipments of physical goods – in this case, food. …
We're not talking princes here Four men suspected of committing wire fraud and identity theft have been arrested and now face extradition to America. It is alleged they conspired to break into US companies' servers, steal people's personally identifiable information (PII), use that info to file fraudulent tax returns, and collect their victims' tax refunds.…
You really think someone would do that? Just go on the internet and steal identities? In what can only be described as inevitable, the FBI is warning those eligible for student loan debt relief to keep an eye out for scammers trying to take advantage of President's Biden program.…
Hello, love, I need $32k to fix my oil rig A man in the US has been jailed for 25 years after using dating websites, email scams, and other online swindles to steal more than $9.5 million from companies and individuals.…