This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
technology companies between 2021 and 2023, including LastPass , MailChimp , Okta , T-Mobile and Twilio. According to prosecutors, the group mainly sought to steal cryptocurrency from victim companies and their employees. A visual depiction of the attacks by the SMS phishing group known as Scattered Spider, and Oktapus.
“This is socialengineering at the highest level and there will be failed attempts at times. Matt Donahue is the former FBI agent who founded Kodex in 2021. “In terms of overall socialengineering attacks, the more you have a relationship with someone the more they’re going to trust you,” Donahue said.
Scattered Spider members are part of a broader cybercriminal community called “The Com,” where hackers brag about high-profile cyber thefts, typically initiated through socialengineering tactics like phone, email, or SMS scams to gain access to corporate networks. ” reads the press release published by DoJ.
The Russian-speaking Crazy Evil group runs over 10 social media scams, tricking victims into installing StealC, AMOS, and Angel Drainer malware. Since 2021, the Crazy Evil gang has become a major cybercriminal group, using phishing, identity fraud, and malware to steal cryptocurrency. Victim losses range from $0.10
We don’t know much about the source of the November 2021 incident, other than GoDaddy’s statement that it involved a compromised password, and that it took about two months for the company to detect the intrusion. What else do we know about the cause of these incidents?
SecureWorld News just analyzed dozens of pages of court documents to understand this story of the Naval Engineer—an insider—who is accused of going rogue in a high-tech and high-stakes operation. Tools involved digital media, encrypted communication, cryptocurrency, and secret data handoffs. I am still here. But this took time.
FBI has warned of crooks developing malicious cryptocurrency-themed apps to steal crypto assets from the users. Federal Bureau of Investigation (FBI) has warned of crooks creating malicious cryptocurrency-themed apps to steal crypto assets from investors. million from 244 victims between October 4, 2021, and May 13, 2022.
Since surfacing in late 2021, LAPSUS$ has gained access to the networks or contractors for some of the world’s largest technology companies, including Microsoft , NVIDIA , Okta and Samsung. ” Like LAPSUS$, these vishers just kept up their socialengineering attacks until they succeeded. ” SMASH & GRAB.
Also, we have previously reported on cryptocurrency-focused BlueNoroff attacks. It appears that BlueNoroff shifted focus from hitting banks and SWIFT-connected servers to solely cryptocurrency businesses as the main source of the group’s illegal income. The group is currently active (recent activity was spotted in November 2021).
A fair few cryptocurrency scams have been doing the rounds across 2021. Fake Elon Musk cryptocurrency scams. Another social media shenanigan involving cryptocurrency? The FTC estimates at least $2 million has been stolen from cryptocurrency investors. Recovery code theft. It’s not pocket change, either.
In Q2 2021, corporate accounts continued to be one of the most tempting targets for cybercriminals. In Q2 2021, scammers continued to exploit the theme of pandemic-related compensation. In Q2 2021, cybercriminals diversified their easy-money schemes. or cryptocurrency secured by these resources. Quarterly highlights.
The video game industry is soaring, not in the least thanks to the lockdowns, which forced people to look for new ways to entertain themselves and socialize. billion USD in 2021, which is slightly less than the total revenue in 2020 but still significantly above the pre-pandemic figures. billion in the first half of 2021.
Then we will go through the key events of 2021 relating to attacks on financial organizations. Analysis of forecasts for 2021. We should expect more fraud, targeting mostly BTC , because this cryptocurrency is the most popular. In April 2021, the Andariel group attempted to spread custom Ransomware.
Current threat actor activity is incentivized by a broad attack surface represented through high volumes of users and systems, and high potential profits represented through the variety of cryptocurrency offerings. It is easy to detect and block things like malicious cryptocurrency apps or crypto-phishing websites.
You just knew 2022 was going to be The Year of Crypto Grift when two of the world’s most popular antivirus makers — Norton and Avira — kicked things off by installing cryptocurrency mining programs on customer computers. The now-defunct and always phony cryptocurrency trading platform xtb-market[.]com,
4 it became aware of unauthorized access to information related to a limited number of Twilio customer accounts through a sophisticated socialengineering attack designed to steal employee credentials. 2021 post about the change. On that last date, Twilio disclosed that on Aug. ” On July 28 and again on Aug. In an Aug.
VileRAT is a Python implant, part of an evasive and highly intricate attack campaign against foreign exchange and cryptocurrency trading companies. Malicious DOCX socialengineering message. The initial infection and toolset deployment, as we observed them starting in at least late 2021, are schematized below (see Figure 2).
They all use psychology and socialengineering skills to convince their victims to take an action that is detrimental to them. This is one of the easiest forms of impersonation for scammers, which explains the drastic increase in the number of fake social media accounts. billion fake accounts in 2021.
Cryptocurrency scammers love social media—especially Meta’s platforms. consumers in 2021. Hundreds of millions of dollars were scammed from U.S. The post Fake Cash Scams Thrive on Facebook and Insta—FTC appeared first on Security Boulevard.
Axie Infinity, a video game that utilizes NFTs and Ethereum-based cryptocurrencies, lost $540 million in March of this year after a senior engineer was tricked into opening a PDF of a fake job application, according to a story from The Block. This was discontinued in December 2021, but the allowlist access was not revoked.
SIM swapping can be done in a number of ways, but perhaps the most common involves a socialengineering attack on the victim’s carrier. However, if you have a telecoms manager on your payroll then there’s no need for socialengineering—they can just do the SIM swap for you. Katz pleaded guilty before Chief U.S.
Europol correctly describes the primary method of SIM-swapping when they say in the press release above, "This is typically achieved by the criminals exploiting phone service providers to do the swap on their behalf, either via a corrupt insider or using socialengineering techniques.". How do Phone Company Insiders enable these scams?
According to a study conducted by se-curity firm Mandiant, the group has been in operation since 2018 and has now been tasked with carrying out both espionage and financially motivated attacks such as credential harvesting and socialengineering.
Nicholas Truglia (25) from Florida was sentenced to 18 months on Thursday for his involvement in a digital heist that cost Michael Terpin ( @michaelterpin ), a renowned personality in the cryptocurrency space, $23.8M. According to El Reg , Terpin's cryptocurrency of choice was TRIG, which was worth $7 then.
For the uninitiated, NFTs are unique tokens that accompany original and collectible digital artwork or videos that can be sold or traded as a form of cryptocurrency, with transactions registered on the blockchain. Many of the earlier NFTs involved illustrations of kittens, but they can take the form of just about anything. billion in 2020.
The malware has been active at least since late October 2021, it targeting the mobile users of banks in Italy, the UK, and the US. The trojan allows to hijack users’ mobile devices and steal funds from online banking and cryptocurrency accounts. The name comes after one of the domains used for its command and control servers.
According to statistics from the FBI’s 2021 Internet Crime Report , complaints to the Internet Crime Complaint Center (IC3) have been rising since 2017. In 2021 alone, IC3 received 847,376 complaints which amounted to $6.9 Cybercrime is a growth industry like no other. billion in reported losses. since Q3 of 2007. Business targets.
LockBit ransomware gang claims to have stolen data from PayBito crypto exchange FBI issued a flash alert on Lockbit ransomware operation CISA orders federal agencies to fix actively exploited CVE-2022-21882 Windows flaw Over 500,000 people were impacted by a ransomware attack that hit Morley Ransomware attack hit Swissport International causing delays (..)
Cybercriminals often leverage socialengineering tactics like phishing and spear-phishing to propagate sophisticated malware. From mining cryptocurrency to launching DDoS attacks against networks, there are countless ways in which malware can access and utilize victim’s computers and data. Author: Ashley Lukehart.
Gox exchange and operating BTC-e Japanese Pharmaceutical giant Eisai hit by a ransomware attack Clop ransomware gang was testing MOVEit Transfer bug since 2021 Stealth Soldier backdoor used is targeted espionage attacks in Libya Researchers published PoC exploit code for actively exploited Windows elevation of privilege issue Experts detail a new Kimsuky (..)
Rise in Cryptocurrency Payments : Fraudsters are increasingly asking for payments in cryptocurrency, exploiting its semi-anonymous nature. In 2021, losses to romance scams involving cryptocurrency were reported at $139 million . This includes ensuring that personal devices used for work purposes are also secure.
Schadenfreude: This week saw a pair of high-profile cryptocurrency thefts, totalling over $150 million. The post $150M Stolen in ‘Imaginary Money’ Crypto/DeFi Hacks appeared first on Security Boulevard.
2020 may have been the year of establishing remote connectivity and addressing the cybersecurity skills gap, but 2021 presented security experts, government officials and businesses with a series of unpresented challenges. Threats abound in 2021. Malware made leaps and bounds in 2021. Cryptocurrency. Ransomware.
Raccoon Stealer has been around since April 2019, and was one of the most prolific information stealers in 2021. It also serves as an easy access point for more advanced hackers and scammers to target specific organizations, or even harvest cryptocurrency. DropBox and socialengineering. Category Awareness, News.
In a blog post detailing its efforts to track and contain the breach, Microsoft described LAPSUS$ as a “large scale socialengineering and extortion campaign.” LAPSUS$ doesn’t appear to be using overtly sophisticated intrusion methods but instead relying on socialengineering and purchased accounts.
The rise of AI-driven phishing and socialengineering, increased targeting of critical infrastructure, and the emergence of more sophisticated fileless malware are all trends that have shaped the cybersecurity battlefield this year. This payment would be nearly double the previous record of $40 million paid by CNA Financial in 2021.The
Throughout 2022, LAPSUS$ would hack and socialengineer their way into some of the world’s biggest technology companies , including EA Games, Microsoft , NVIDIA , Okta , Samsung , and T-Mobile. Department of Justice (DOJ) for a 2021 breach at T-Mobile that exposed the personal information of at least 76.6
It’s safe to say that 2021 has been a challenging yet rewarding year for those working to ensure cyber security systems provide protection. What are the key lessons in email security from 2021? Coronavirus-related phishing, which spiked by over 600% in 2020 , continued to be an issue in 2021 throughout the inboxes of workers.
Trust Wallet is an app used to send, receive, and store Bitcoin along with other cryptocurrencies, including NFTs. With cryptocurrency being so very mainstream at the moment, it’s only natural lots of people are jumping on the bandwagon. This time around, it’s being used to bag bitcoin. Shall we take a look? Emptying your wallet.
To do this, an attacker needs to spoof the victim’s phone number and impersonate a bank or company representative and then the bot would try to call the victim, using socialengineering techniques to get ahold of a verification code. Phishing, SocialEngineering are Still Problems. Best Antivirus Software for 2021.
The malware seems to leverage the infamous Pwnkit vulnerability (CVE-2021-4034), one of the easiest exploits imaginable, and OverlayFS ( CVE-2021-3493 ), a kernel exploit that pentesters , capture-the-flag (CTF) players, and hackers know all too well. Cybercriminals Use C2 Servers to Deploy Cryptominer.
Our telemetry shows an exponential growth in infostealers in 2021. Cryptocurrency targeted attacks. The cryptocurrency business continues to grow, and people continue to invest their money in this market because it’s a digital asset and all transactions occur online. Analysis of forecasts for 2022.
Prior to 2021, supply chain attacks were assumed to exclusively be a tool for sophisticated state-sponsored threat actors only. In July 2021, this assumption was smashed. Mining cryptocurrencies requires large amounts of computing power to solve the cryptographic challenges necessary to acquire new cryptocurrency tokens.
billion in 2021 to $3.31 Within those complaints, cryptocurrency investment fraud rose from $907 million in 2021 to $2.57 There are a number of different methods that cryptocurrency investment fraudsters deploy: Liquidity mining. Hacked social media accounts. billion in 2021 to more than $10.2
We organize all of the trending information in your field so you don't have to. Join 28,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content