Security News
FBI warns of phony cryptocurrency apps aiming to steal money from investors. The FBI is urging cryptocurrency investors and investment firms to beware of fraudulent cryptocurrency apps that try to steal money from unsuspecting victims.
Threat actors have defrauded 244 U.S. investors of about $42 million through fake cryptocurrency apps that exploit people's legitimate investments in digital currency, the FBI has revealed. The agency observed a number of cybercriminal campaigns that duped people into downloading malicious apps through which threat actors extorted money from victims, the FBI said in a Private Industry Notification published Monday.
The U.S. Federal Bureau of Investigation has warned of cyber criminals building rogue cryptocurrency-themed apps to defraud investors in the virtual assets space. "The FBI has observed cyber criminals contacting U.S. investors, fraudulently claiming to offer legitimate cryptocurrency investment services, and convincing investors to download fraudulent mobile apps, which the cyber criminals have used with increasing success over time to defraud the investors of their cryptocurrency," the agency said [PDF].
The FBI has warned today that cybercriminals use fraudulent cryptocurrency investment applications to steal funds from US investors. "The FBI has observed cyber criminals contacting US investors, fraudulently claiming to offer legitimate cryptocurrency investment services, and convincing investors to download fraudulent mobile apps, which the cyber criminals have used with increasing success over time to defraud the investors of their cryptocurrency," the FBI said in an alert published Monday.
Speaking to an audience of business and academic leaders, MI5 director general Ken McCallum and FBI director Chris Wray argued that Beijing's Made in China 2025 program and other self-sufficiency tech goals can't be achieved without a boost from illicit activities. The Chinese Government sees cyber as the pathway to cheat and steal on a massive scale.
Is wanted for her alleged participation in a large-scale fraud scheme. Throughout the scheme, OneCoin is believed to have defrauded victims out of more than $4 billion.
Qualcomm knows that if it wants developers to build and optimize AI applications across its portfolio of silicon, the Snapdragon giant needs to make the experience simpler and, ideally, better than what its rivals have been cooking up in the software stack department. That's why on Wednesday the fabless chip designer introduced what it's calling the Qualcomm AI Stack, which aims to, among other things, let developers take AI models they've developed for one device type, let's say smartphones, and easily adapt them for another, like PCs. This stack is only for devices powered by Qualcomm's system-on-chips, be they in laptops, cellphones, car entertainment, or something else.
The Federal Bureau of Investigation warns of increasing complaints that cybercriminals are using Americans' stolen Personally Identifiable Information and deepfakes to apply for remote work positions. The public service announcement, published on the FBI's Internet Crime Complaint Center today, adds that the deepfakes used to apply for positions in online interviews include convincingly altered videos or images.
An illicit online marketplace known as SSNDOB was taken down in operation led by U.S. law enforcement agencies, the Department of Justice announced Tuesday. SSNDOB trafficked in personal information such as names, dates of birth, credit card numbers, and Social Security numbers of about 24 million individuals in the U.S., generating its operators $19 million in sales revenue.
In a joint advisory [PDF] this week, the FBI, CISA and US Treasury Department outlined technical details about how Karakurt operates, along with actions to take, indicators of compromise, and sample ransom notes. Karakurt doesn't target any specific sectors or industries, and the gang's victims haven't had any of their documents encrypted and held to ransom.