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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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A Day in the Life of a Prolific Voice Phishing Crew

Krebs on Security

Besieged by scammers seeking to phish user accounts over the telephone, Apple and Google frequently caution that they will never reach out unbidden to users this way. KrebsOnSecurity recently told the saga of a cryptocurrency investor named Tony who was robbed of more than $4.7 million in cryptocurrencies from Tony was verify-trezor[.]io.

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Two Russians Charged in $17M Cryptocurrency Phishing Spree

Krebs on Security

authorities today announced criminal charges and financial sanctions against two Russian men accused of stealing nearly $17 million worth of virtual currencies in a series of phishing attacks throughout 2017 and 2018 that spoofed websites for some of the most popular cryptocurrency exchanges. Separately, the U.S.

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Feds Charge Five Men in ‘Scattered Spider’ Roundup

Krebs on Security

That Joeleoli moniker registered on the cybercrime forum OGusers in 2018 with the email address joelebruh@gmail.com , which also was used to register accounts at several websites for a Joel Evans from North Carolina. According to prosecutors, the group mainly sought to steal cryptocurrency from victim companies and their employees.

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Everything You Need to Know About Crypto

Speaker: Ryan McInerny, CAMS, FRM, MSBA - Principal, Product Strategy

Cryptocurrency and non-fungible tokens (NFTs) - what are they and why should you care? With 20% of Americans owning cryptocurrencies, speaking "fluent crypto" in the financial sector ensures you are prepared to discuss growth and risk management strategies when the topic arises.

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GoDaddy Employees Used in Attacks on Multiple Cryptocurrency Services

Krebs on Security

Fraudsters redirected email and web traffic destined for several cryptocurrency trading platforms over the past week. And in May of this year, GoDaddy disclosed that 28,000 of its customers’ web hosting accounts were compromised following a security incident in Oct. 2019 that wasn’t discovered until April 2020. PST on Nov.

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FBI Seizes Stolen Cryptocurrencies

Schneier on Security

The Wall Street Journal is reporting that the FBI has recovered over $30 million in cryptocurrency stolen by North Korean hackers earlier this year. These addresses can be created quickly without them being linked to a cryptocurrency company that could freeze the funds.