Krebs on Security

OCTOBER 25, 2018

The fraudsters behind the often laughable Nigerian prince email scams have long since branched out into far more serious and lucrative forms of fraud, including account takeovers, phishing, dating scams, and malware deployment. The FBI says BEC scams netted thieves more than $12 billion between 2013 and 2018.

Scams 228

Scams Accountability Media Banking 228

Krebs on Security

JANUARY 10, 2024

Rasch said it could be that Dellone’s stolen crypto was seized as part of a government asset forfeiture, but that either way there is no reason Uncle Sam should hold some cybercrime victims’ life savings indefinitely. For example, in 2013 the U.S. court orders, then it’s yours,” Bax said. federal court.”

Cryptocurrency 335

Cryptocurrency Government Cybercrime Accountability 335

Security Affairs

OCTOBER 9, 2018

Security experts from Digital Shadows have conducted an interesting study about the technique adopted by crooks to infiltrate company emails, so-called BEC scam. According to the FBI , the number of business email account (BEC) and email account compromise (EAC) scam incidents worldwide reached 78,000 between October 2013 and May 2018.

Scams 108

Scams Accountability Hacking Passwords 108

Security Affairs

AUGUST 28, 2024

The indictment alleges that from 2013 to 2022, Kadariya played a key role in distributing the Angler Exploit Kit, which was used to spread various malware, including ransomware, through malvertising and other methods. Kadariya has been indicted for distributing the Angler Exploit Kit and other malware to millions of victims.

Malware 129

Malware Computers and Electronics Cybercrime Internet 129

Krebs on Security

SEPTEMBER 6, 2021

In May 2015, KrebsOnSecurity briefly profiled “ The Manipulaters ,” the name chosen by a prolific cybercrime group based in Pakistan that was very publicly selling spam tools and a range of services for crafting, hosting and deploying malicious email. ” The IT network of The Manipulaters, circa 2013. Image: Facebook.

Software 299

Software Phishing Cybercrime Accountability 299

Krebs on Security

JUNE 18, 2021

” The SEC said the 800 million+ records had been publicly available on First American’s website since 2013. According to the FBI, BEC scams are the most costly form of cybercrime today. There’s no way to tell unless you can go back through all your logs all those years.”

Insurance 332

Insurance Risk Financial Services CISO 332

The Last Watchdog

JUNE 21, 2020

The epidemic went truly mainstream with the release of CryptoLocker back in 2013, and it has since transformed into a major dark web economy spawning the likes of Sodinokibi, Ryuk, and Maze lineages that are targeting the enterprise on a huge scale in 2020. FBI spoofs 2012 – 2013. File encryption 2013 – 2015.

Ransomware 243

Ransomware Hacking Encryption Penetration Testing 243

SecureWorld News

NOVEMBER 22, 2021

The Business Email Compromise (BEC) scam is one of the simplest and most damaging attacks businesses can face with losses ranging from hundreds to millions of dollars. According to the Federal Bureau of Investigation (FBI), losses due to BEC scams since 2013 total around $28 billion dollars and it is the most profitable cybercrime there is.

Scams 98

Scams Cybercrime Accountability Banking 98

The Last Watchdog

MAY 11, 2020

These developments would have, over the next decade or so, steadily and materially reduced society’s general exposure to cybercrime and online privacy abuses. organizations between January 2013 and July 2019. Then COVID-19 came along and obliterated societal norms and standard business practices. million from U.S.

Computers and Electronics 113

Computers and Electronics Data privacy Encryption Media 113

Identity IQ

FEBRUARY 8, 2024

But the dark web is also associated with illegal activities including the trafficking of drugs, weapons, and illegal pornography, hacking and cybercrime, terrorism, and the sale of stolen data or personal information. From 2011 to 2013, the Silk Road hosted 1.2 The FBI shut down the Silk Road in October 2013. billion in value.

Identity Theft 98

Identity Theft Cryptocurrency Government Engineering 98

Security Affairs

DECEMBER 23, 2019

Evaldas Rimasauskas was sentenced to five years of prison for stealing $120 Million from Google and Facebook employees with business email compromise (BEC) attacks carried out between 2013 and 2015. The Lithuanian citizen Evaldas Rimasauskas (48) was arrested in March 2017 by local authorities.

Identity Theft 96

Identity Theft Banking Advertising Accountability 96

BH Consulting

AUGUST 31, 2023

Those risks include: Fraud, spam or virus attacks Falling prey to online scams, resulting in data or identity theft Potential for negative comments from employees about the organisation Legal consequences if employees use these sites to view or distribute objectionable, illicit or offensive material. billion dollars in annual global revenue.

Media 52

Media Accountability Passwords Authentication 52

Krebs on Security

AUGUST 8, 2023

Faced with customers trying to use WormGPT to create ransomware and phishing scams, the 23-year-old Portuguese programmer who created the project now says his service is slowly morphing into “a more controlled environment.” ” Image: SlashNext.com. WormGPT licenses are sold for prices ranging from 500 to 5,000 Euro.

Malware 242

Malware Cybercrime Advertising Phishing 242

Krebs on Security

SEPTEMBER 28, 2019

German authorities said Friday they’d arrested seven people and were investigating six more in connection with the raid of a Dark Web hosting operation that allegedly supported multiple child porn, cybercrime and drug markets with hundreds of servers buried inside a heavily fortified military bunker. Image: Blaauw.

Marketing 55

Marketing DDOS Cybercrime Media 55

Security Boulevard

MARCH 31, 2021

At the start of March 2021, Microsoft rushed out patches for a critical zero-day Vulnerability in Exchange Server (2010, 2013, 2016, and 2019). Cybercrime to cost over $10 Trillion by 2025. Stolen in Pandemic Scams. FBI Internet Crime Report 2020: Cybercrime Skyrocketed, with Email Compromise Accounting for 43% of Losses.

Energy and Utilities 122

Energy and Utilities Ransomware Hacking Banking 122

SC Magazine

MAY 20, 2021

Many countries have incorporated offensive cyber operations into their overall geopolitical strategies, but North Korea was among the first nations to leverage its government hacking capabilities in the cybercrime arena. The country’s innovation can even fool some cybersecurity experts.

Hacking 103

Hacking Media Malware Cryptocurrency 103