Security News

Cybercriminals exploit SVB collapse to steal money and data
2023-03-14 15:55

The collapse of the Silicon Valley Bank on March 10, 2023, has sent ripples of turbulence throughout the global financial system, but for hackers, scammers, and phishing campaigns, it's becoming an excellent opportunity. An attack already seen in the wild is from BEC threat actors who are impersonating SVB customers and telling customers that they need payments sent to a new bank account after the bank's collapse.

Cybercriminals Targeting Law Firms with GootLoader and FakeUpdates Malware
2023-03-01 14:02

Six different law firms were targeted in January and February 2023 as part of two disparate threat campaigns distributing GootLoader and FakeUpdates malware strains. GootLoader, active since late 2020, is a first-stage downloader that's capable of delivering a wide range of secondary payloads such as Cobalt Strike and ransomware.

Cybercriminals exploit fear and urgency to trick consumers
2023-02-13 04:00

Cybercriminals remained active in spying and information stealing, with lottery-themed adware campaigns used as a tactic to obtain people's contact details, according to Avast. "At the end of 2022, we have seen an increase in human-centered threats, such as scams tricking people into thinking their computer is infected, or that they have been charged for goods they didn't order. It's human nature to react to urgency, fear and try to regain control of issues, and that's where cybercriminals succeed," said Jakub Kroustek, Avast Malware Research Director.

Cybercriminals exploit volatile job market for targeted email attacks
2023-02-09 04:00

Between July-December 2022, the median open rate for text-based business email compromise attacks was nearly 28%, according to Abnormal Security. "Human beings are relatively easy to manipulate, and employers' expectations regarding the ability of the average employee to identify these modern attacks are far too high. It is much safer to prevent a threat from reaching an employee's inbox than to rely on them to try to detect these sophisticated attacks on their own," Hassold continued.

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.