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Microsoft shut down the StegoAd campaign, which used 119 malicious Edge extensions, hit 2.6M installs, and ran undetected for two years. Microsoft just shut down one of the more technically clever malicious extension campaigns it’s ever documented. The operation, named StegoAd, ran 119 extensions on the Edge Add-ons store, racked up roughly 2.6 million installs, […]

The executive order finally calls cyber-enabled fraud what it is: transnational organized crime. Now the U.S. has to act like it—and the private sector has to stop settling for defense-only while the criminal infrastructure stays intact. The post Washington is right: Cybercrime is organized crime. Now we need to shut down the business model appeared first on CyberScoop.

Bank Info Security 5 months, 3 weeks ago

$12B Scam Market Tudou Guarantee Shuts Down

Telegram-Based Marketplace Closes After Prince Group Founder's ArrestTelegram marketplace Tudou Guarantee, which processed over $12 billion in fraud transactions, has ceased operations following the arrest of Prince Group chairman Chen Zhi, who was extradited to China in January. Elliptic said it was the third-largest illicit marketplace of all time.

Criminal outfits had been using Musk's broadband beacons to run cyber-slavery scams across Southeast Asia SpaceX says it has shut down thousands of Starlink terminals that were powering Myanmar's notorious scam compounds after its satellite network was found to be keeping human trafficking and cyber-fraud operations online in the country's lawless border zones.…

And the associated fraud'n'spy botnet is about to be shut down The US Department of Justice has unsealed indictments against 16 people accused of spreading and using the DanaBot remote-control malware that infected more than 300,000 computers, plus operating a botnet of the same name, and appears set to shutter its operations.…

Sordid search history 'evidence' in case that could see him spend 35 years for extortion and wire fraud A former infrastructure engineer who allegedly locked IT department colleagues out of their employer's systems, then threatened to shut down servers unless paid a ransom, has been arrested and charged after an FBI investigation.…

Also: UwU Lend's Hacks, Terraform Labs' Dissolution, Gemini's SettlementThis week, CertiK researchers allegedly stole money from Kraken, UwU Lend was hacked, Terraform Labs shut down, Gemini will pay defrauded investors, three entities claimed seized FTX assets, a Chinese bank suffered embezzlement and money laundering, and the SEC's crypto head is leaving.

Bank Info Security 2 years, 1 month ago

Cryptohack Roundup: $206M Gala Games Exploit

Also: Pump.fun Hack, Arrests in $73M Pig-Butchering ScamThis week, Gala Games and Pump.fun were hacked; alleged pig-butchering scammers, Incognito admin and illicit banking racketeers were arrested; Pink Drainer was shut down; the U.S. House approved a crypto bill; a man pleaded guilty to wire fraud; and tech companies formed a scam-fighting coalition.

Researchers have shut down an "expansive" ad fraud scheme that spoofed more than 1,700 applications from 120 publishers and impacted roughly 11 million devices.  "VASTFLUX was a malvertising attack that injected malicious JavaScript code into digital ad creatives, allowing the fraudsters to stack numerous invisible video ad players behind one another and register ad views," fraud prevention firm