Security News
Europol has arrested hundreds of fraudsters, money launderers and cocaine kingpins, and shut down thousands of websites selling pirated and counterfeit products in a series of raids over the past month. Cops across several continents seized 127,365 fake designer watches, shoes, accessories, clothes, perfumes, electronics, phone cases and other counterfeit products worth more than Є3.8 million.
The bad thing about this scam is that it's astonishingly easy for criminals to set up, and it carefully avoids sending spoofed emails or tricking you to visit bogus websites, because the crooks use a PayPal service to generate their initial contact via official PayPal servers. Email scammers therefore often go out of their way to ensure that their first contact with potential victims involves messages that really do come from genuine sites or online services, and that link to servers that really are run by those same legitimate sites.
The FBI and U.S. Postal Inspection Service have seized eighteen web domains used to recruit money mules for work-from-home and reshipping scams. The seized domains now display a seizure notice with links [1, 2] warning employment seekers of the risks of home job and reshipping scams.
Medibank, Australia's largest private health provider, has confirmed that last week's "Cyber incident" has resulted in a data breach. Medibank Group took action: they engaged cyber security firms and began "Isolating and removing access to some customer-facing systems to reduce the likelihood of damage to systems or data loss."
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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.
In the first half of 2022, BioCatch estimates fraudulent transfers to money mule accounts totaled $3 billion and that there are approximately 2 million mule accounts in the US. Additionally, researchers found that the average mule transaction amount is $1,500 - a low amount to avoid detection when executing mule campaigns at a large scale. In this Help Net Security video, Erin Englund, Threat Analytics Lead at BioCatch, explains what money mules are, why are they becoming so prevalent, and how we can defend against them.
Maastricht University, a Dutch university with more than 22,000 students, said last week that it had recovered the ransom paid after a ransomware attack that hit its network in December 2019. One week later, on December 30, the university decided to pay the ransom to have its files decrypted after deciding that rebuilding all infected systems from scratch or creating a decryptor were not viable options.
Cybersecurity researchers have disclosed a new ransomware strain called GoodWill that compels victims into donating for social causes and provide financial assistance to people in need. "The ransomware group propagates very unusual demands in exchange for the decryption key," researchers from CloudSEK said in a report published last week.
A security researcher disclosed details of a clickjacking attack demonstrated against PayPal that could be exploited to steal victims' account balances in a single click. "But during my deep testing, I found that we can pass another token type, and this leads to stealing money from [a] victim's PayPal account."