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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.

Also: 700M Euro Fraud Busted, 2 Arrested in Crypto-Linked Killing CaseThis week, Ledger flagged physical attack risks to Android hot wallets, a 700M euro fraud network was dismantled, a suspect in the $243M Genesis theft was reportedly detained and a member of a $263M crypto scam pleaded guilty. Two men arrested in a Vienna crypto-linked killing.

Krebs on Security 1 year, 3 months ago

Arrests in Tap-to-Pay Scheme Powered by Phishing

Authorities in at least two U.S. states last week independently announced arrests of Chinese nationals accused of perpetrating a novel form of tap-to-pay fraud using mobile devices. Details released by authorities so far indicate the mobile wallets being used by the scammers were created through online phishing scams, and that the accused were relying on a custom Android app to relay tap-to-pay transactions from mobile devices located in China.

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.

Google has filed a lawsuit against two app developers for engaging in an "international online consumer investment fraud scheme" that tricked users into downloading bogus Android apps from the Google Play Store and other sources and stealing their funds under the guise of promising higher returns