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Outsider provided phishing kits and infrastructure for cybercriminals to scam victims with lures claiming they missed packages, had unpaid tolls or parking violations. The post FBI takes down massive China-based cybercrime network that caused $1.9B in losses appeared first on CyberScoop.

Complaint Says Service Generated More Than 1.5 Million Malicious URLsGoogle has sued a Chinese phishing-as-a-service provider accused of teaching customers to use Gemini to generate and customize scam websites, a campaign linked to more than 1.59 million phishing URLs, over 100,000 victims, and widespread credential and financial theft.

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

Krebs on Security 7 months, 1 week ago

SMS Phishers Pivot to Points, Taxes, Fake Retailers

China-based phishing groups blamed for non-stop scam SMS messages about a supposed wayward package or unpaid toll fee are promoting a new offering, just in time for the holiday shopping season: Phishing kits for mass-creating fake but convincing e-commerce websites that convert customer payment card data into mobile wallets from Apple and Google. Experts say these same phishing groups also are now using SMS lures that promise unclaimed tax refunds and mobile rewards points.

It's Time for Enterprises to Manage Risks Posed by Compromised Personal DevicesOnline job scams have evolved beyond consumer fraud and now pose a direct threat to corporate networks. Google warns that scammers are embedding remote access Trojans and info-stealers disguised as interview software or application materials to hack personal devices and ultimately corporate systems.

Also: Coinbase's Misconfigured Smart Contract, GMX Repayment PlansThis week, a Ponzi scammer must pay $228 million, Google clarified Play Store non-custodial wallet rules, Coinbase misconfiguration, GMX repayment, BtcTurk halted transfers, bank groups wrote lawmakers. Prosecutors seized funds. The Federal Reserve ended a special oversight program. Hong Kong published new rules.

Google said it's implementing a new policy requiring developers of cryptocurrency exchanges and wallets to obtain government licenses before publishing apps in 15 jurisdictions in order to "ensure a safe and compliant ecosystem for users." The policy applies to markets like Bahrain, Canada, Hong Kong, Indonesia, Israel, Japan, the Philippines, South Africa, South Korea, Switzerland, Thailand,

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.…

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