Security News

Bitzlato Crypto Exchange Founder Arrested for Aiding Cybercriminals
2023-01-19 10:43

The U.S. Department of Justice on Wednesday announced the arrest of Anatoly Legkodymov, the cofounder of Hong Kong-registered cryptocurrency exchange Bitzlato for allegedly processing $700 million in illicit funds. According to court documents, Bitzlato is said to have advertised itself as a virtual currency exchange with minimal identification requirements for its users, breaking the rules requiring the vetting of customers.

Cybercriminals Using Polyglot Files in Malware Distribution to Fly Under the Radar
2023-01-13 11:26

Remote access trojans such as StrRAT and Ratty are being distributed as a combination of polyglot and malicious Java archive files, once again highlighting how threat actors are continuously finding new ways to fly under the radar. "Attackers now use the polyglot technique to confuse security solutions that don't properly validate the JAR file format," Deep Instinct security researcher Simon Kenin said in a report.

Beware: Cybercriminals Launch New BrasDex Android Trojan Targeting Brazilian Banking Users
2022-12-20 14:33

The threat actors behind the Windows banking malware known as Casbaneiro has been attributed as behind a novel Android trojan called BrasDex that has been observed targeting Brazilian users as part of an ongoing multi-platform campaign. BrasDex features a "Complex keylogging system designed to abuse Accessibility Services to extract credentials specifically from a set of Brazilian targeted apps, as well as a highly capable Automated Transfer System engine," ThreatFabric said in a report published last week.

Weep for the cybercriminals who fell for online scams and lost $2.5m last year
2022-12-08 09:59

Scammers have scammed their fellow cybercriminals out of more than $2.5 million on three dark web forums alone over the last 12 months, according to Sophos researchers. In a Black Hat Europe session, Sophos threat hunters detailed their investigation, which examined scams on two well-established Russian-language marketplaces, Exploit and XSS. They also looked at BreachForums, which launched in April 2022 after a Europol-led operation shut down the earlier version of the stolen-data souk, RaidForums.

Cybercriminals are scamming each other, tipping off law enforcement
2022-12-08 05:30

Cybercriminals are scamming each other out of millions of dollars and use arbitration to settle disputes about the scams, according to Sophos. Despite this resolution process provoking occasional mayhem among the "Plaintiffs and defendants," with some accused criminals either going dark and not showing up, or calling the complainants themselves "Rippers," the practice of scammers scamming scammers is lucrative.

Cybercriminals are cashing in on FIFA World Cup-themed cyberattacks
2022-11-29 04:00

Cashing stolen credit cards: Carding groups sell stolen credit card details to carry out illegal and unauthorized transactions. Selling fake Hayya cards: Due to the importance of Hayya cards during the World Cup, threat actors are selling fake Hayya Cards to unsuspecting fans, who are willing to pay any amount to get one.

Interpol Seized $130 Million from Cybercriminals in Global "HAECHI-III" Crackdown Operation
2022-11-25 04:58

Interpol on Thursday announced the seizure of $130 million worth of virtual assets in connection with a global crackdown on cyber-enabled financial crimes and money laundering. Another instance pertained to a call center scam based out of India, wherein a group of criminals impersonated Interpol and Europol officers to trick victims in Austria into transferring funds.

Interpol seized $130 million from cybercriminals worldwide
2022-11-24 16:11

INTERPOL has announced the seizure of $130,000,000 million worth of money and virtual assets linked to various cybercrimes and money laundering operations. The law enforcement operation is codenamed "HAECHI III" and lasted between June 28 and November 23, 2022, allowing INTERPOL to arrest almost a thousand suspects.

Exposing Emotet and its cybercriminal supply chain
2022-11-08 05:30

Emotet, one of the most evasive and destructive malware delivery systems, caused substantial damage during its initial reign. After a coordinated takedown by authorities in early 2021, Emotet has reemerged as a global threat that will persist for organizations.

Robin Banks Phishing Service for Cybercriminals Returns with Russian Server
2022-11-07 07:36

A phishing-as-a-service platform known as Robin Banks has relocated its attack infrastructure to DDoS-Guard, a Russian provider of bulletproof hosting services. The switch comes after "Cloudflare disassociated Robin Banks phishing infrastructure from its services, causing a multi-day disruption to operations," according to a report from cybersecurity company IronNet.