Remove Accountability Remove Cryptocurrency Remove Financial Services
article thumbnail

An Interview With the Target & Home Depot Hacker

Krebs on Security

Hydra trafficked in illegal drugs and financial services, including cryptocurrency tumbling for money laundering, exchange services between cryptocurrency and Russian rubles, and the sale of falsified documents and hacking services. “Hi, how are you?” ” he inquired.

Retail 258
article thumbnail

DMM Bitcoin halts operations six months after a $300 million cyber heist

Security Affairs

The Japanese cryptocurrency platform DMM Bitcoin is closing its operations just six months after a $300 million cyber heist. DMM Bitcoin is a cryptocurrency exchange based in Japan, operated by DMM Group, a large Japanese e-commerce and entertainment conglomerate. Bitcoin (BTC), approximately $304 million (48.2

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Hackers stole $60 Million worth of cryptocurrencies from Japanese Zaif exchange

Security Affairs

billion yen ($60 million) worth of cryptocurrencies from the Japanese digital currency exchange Zaif exchange. a Japanese cryptocurrency firm, hackers have compromised its Zaif exchange and have stolen 6.7 billion yen ($60 million) worth of cryptocurrencies, including Bitcoin, Monacoin, and Bitcoin Cash. Pierluigi Paganini.

article thumbnail

Crooks steal $130 million worth of cryptocurrency assets from Cream Finance

Security Affairs

Threat actors have stolen $130 million worth of cryptocurrency assets from the Cream Finance decentralized finance (DeFi) platform. Finance is a decentralized lending protocol for individuals, institutions and protocols to access financial services. It promises earnings to users who are passively holding ETH or wBTC.

article thumbnail

Massive Losses Define Epidemic of ‘Pig Butchering’

Krebs on Security

“It’s run by a fraud ring of cryptocurrency scammers who mine dating apps and other social media for victims and the scam is becoming alarmingly popular.” Many of these platforms include extensive study materials and tutorials on cryptocurrency investing. com, a scam cryptocurrency platform tied to a pig butchering scheme.

Scams 327
article thumbnail

Report Finds 50% of Scattered Spider Phishing Domains Targeted Finance & Insurance

Digital Shadows

Phishing Remains Top Tactic, Fueled by Teams Abuse Figure 1: Top attack techniques in true-positive customer incidents for finance & insurance sector, H2 2024 vs H2 2023 Phishing dominated cyber attacks in H2 2024, accounting for over 90% of incidents across industries due to its simplicity and effectiveness.

article thumbnail

Alleged SIM Swapper Arrested in California

Krebs on Security

have arrested and charged a 19-year-old area man on suspicion hijacking mobile phone numbers as part of a scheme to steal large sums of bitcoin and other cryptocurrencies. When a victim experiences a fraudulent SIM swap, their phone suddenly has no service and all incoming calls and text messages are sent to the attacker’s device.