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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. A machine-translated version of Flymoney, one of dozens of cryptocurrency exchanges apparently nested at Cryptomus.

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FBI warns of malicious free online document converters spreading malware

Security Affairs

The FBI warns of a significant increase in scams involving free online document converters to infect users with malware. The FBI warns that threat actors use malicious online document converters to steal users sensitive information and infect their systems with malware. ” reads the alert. ” reads the alert.

Malware 116
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EDR-as-a-Service makes the headlines in the cybercrime landscape

Security Affairs

This approach reflects the as-a-service logic already prevalent in other areas of the cybercrime sector, significantly reducing the level of technical knowledge needed by those wishing to access this confidential data. UNDERGR OUND FORUMS AND PAYMENT DYNAMICS Payments are handled through mechanisms long rooted in underground trades.

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FBI: Spike in Hacked Police Emails, Fake Subpoenas

Krebs on Security

The trouble is, these EDRs largely bypass any official review and do not require the requester to supply any court-approved documents. One English-speaking cybercriminal who goes by the nicknames “ Pwnstar ” and “ Pwnipotent ” has been selling fake EDR services on both Russian-language and English cybercrime forums.

Hacking 280
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An Interview With the Target & Home Depot Hacker

Krebs on Security

Shefel claims the true mastermind behind the Target and other retail breaches was Dmitri Golubov , an infamous Ukrainian hacker known as the co-founder of Carderplanet, among the earliest Russian-language cybercrime forums focused on payment card fraud. “I’m also godfather of his second son.” “Hi, how are you?”

Retail 258
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Alleged ‘Scattered Spider’ Member Extradited to U.S.

Krebs on Security

A 23-year-old Scottish man thought to be a member of the prolific Scattered Spider cybercrime group was extradited last week from Spain to the United States, where he is facing charges of wire fraud, conspiracy and identity theft. Documents from the U.S. As first reported by KrebsOnSecurity, Buchanan (a.k.a. ” U.S.

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Cybercrime Rapper Sues Bank over Fraud Investigation

Krebs on Security

In January, KrebsOnSecurity wrote about rapper Punchmade Dev , whose music videos sing the praises of a cybercrime lifestyle. But until recently, there wasn’t much to support a conclusion that Punchmade was actually doing the cybercrime things he promotes in his songs.

Banking 291