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How Cryptocurrency Turns to Cash in Russian Banks

Krebs on Security

A financial firm registered in Canada has emerged as the payment processor for dozens of Russian cryptocurrency exchanges and websites hawking cybercrime services aimed at Russian-speaking customers, new research finds. wtf, and PQHosting ; -sites selling aged email, financial, or social media accounts, such as verif[.]work

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U.S. Justice Department Cracks Down on Scattered Spider Phishing Ring

SecureWorld News

The attacks have resulted in millions of dollars in theft, including cryptocurrency and sensitive corporate data, showcasing the ongoing threat of organized cybercrime. Scattered Spider has gained infamy for its high-profile cyberattacks, including the ransomware assault on MGM Casino in 2023 , which caused widespread disruption.

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Over 39K unauthenticated Redis services on the internet targeted in cryptocurrency campaign

Security Affairs

Threat actors targeted tens thousands of unauthenticated Redis servers exposed on the internet as part of a cryptocurrency campaign. “Under certain conditions, if Redis runs with the root account (or not even), attackers can write an SSH public key file to the root account, directly logging on to the victim server through SSH.

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Cyber security guidance for small fleet operators

Pen Test Partners

This software can be used as part of a bot net to attack other organisations, use your processor power to mine for cryptocurrencies, or simply destroy data. That could be resetting your password, downloading an update for some software, or transferring funds from a bank account. are termed Information Technology (IT) systems.

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Q&A with Giles Inkson: A Guide to Digital Operational Resilience Act (DORA)

NetSpi Executives

It aims to establish frameworks and processes on how to conduct Information and Communications Technology (ICT) risk management across technology assets and key business services underpinning financial sector organisations, subject to audit. Twenty key types of businesses fall under the financial services umbrella.

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Spam and phishing in 2024

SecureList

Another scheme involved a more sophisticated fake site, where users could even select the purpose of their trip (business or leisure). To complete the booking, the scammers requested bank card details, claiming that a certain sum would be temporarily blocked on the account to verify the card’s authenticity.