Security News
The U.S. Department of Justice (DoJ) said it charged 19 individuals worldwide in connection with the now-defunct xDedic Marketplace, which is estimated to have facilitated more than $68 million in...
Cybercriminals turn to ready-made bots for quick attacks. Bots and human fraud farms were responsible for billions of attacks in the H1 of 2023 and into Q3, according to Arkose Labs.
Microsoft is warning of an uptick in malicious activity from an emerging threat cluster it's tracking as Storm-0539 for orchestrating gift card fraud and theft via highly sophisticated email and...
Operating as an Organized Retail Crime gang across online forums and social media, this fraud service provider provides illicit refunds for individuals in exchange for a fee. REKK then requested a refund, manipulating Amazon's support representatives through social engineering tactics, unauthorized access to Amazon systems, and bribing insiders to secure a refund without returning the purchased product.
Rew Mahn, 28, of Derry, New Hampshire, pleaded guilty in federal court on Tuesday to both passport fraud and wire fraud, the latter relating to that cyber-intrusion. Mahn was indicted [PDF] by a grand jury for passport fraud in February, after being charged in 2021 with breaking into Motorola's computer network and stealing data.
The scammers impersonate accounts on X belonging to blockchain analytics or crypto fraud investigation firms and researchers, like CertiK, ZachXBT, and Scam Sniffer, to promote fabricated security breaches on Uniswap and Opensea. To impersonate the legitimate accounts, the threat actors created new X accounts with similar account names.
The Securities and Exchange Commission brought charges against both Austin, TX-based information security software company SolarWinds and its CISO Timothy G. Brown on October 30. The SEC alleges that between SolarWinds' October 2018 initial public offering and the December 2020 announcement of the large-scale cyberattack, SolarWinds and Brown specifically " defrauded investors by overstating SolarWinds' cybersecurity practices and understating or failing to disclose known risks.
The Securities and Exchange Commission announced charges against SolarWinds and its CISO, Timothy G. Brown, for fraud and internal control failures relating to allegedly known cybersecurity risks and vulnerabilities. The complaint alleges that, from at least its October 2018 initial public offering through at least its December 2020 announcement that it was the target of a massive, nearly two-year long cyberattack, dubbed SUNBURST, SolarWinds and Brown defrauded investors by overstating SolarWinds' cybersecurity practices and understating or failing to disclose known risks.
63% of respondents indicated that they are comfortable with AI helping their bank detect fraud. Almost half of respondents abandoned a new bank account application after starting because it didn't feel secure or was too cumbersome.
An ad fraud botnet dubbed PEACHPIT leveraged an army of hundreds of thousands of Android and iOS devices to generate illicit profits for the threat actors behind the scheme. The botnet is part of...