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Cryptocurrencies and cybercrime: A critical intermingling

Security Affairs

As cryptocurrencies have grown in popularity, there has also been growing concern about cybercrime involvement in this sector Cryptocurrencies have revolutionized the financial world, offering new investment opportunities and decentralized transactions.

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Fake Lawsuit Threat Exposes Privnote Phishing Sites

Krebs on Security

The disclosure revealed a profitable network of phishing sites that behave and look like the real Privnote, except that any messages containing cryptocurrency addresses will be automatically altered to include a different payment address controlled by the scammers. co showing the site did indeed swap out any cryptocurrency addresses.

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Fla. Man Charged in SIM-Swapping Spree is Key Suspect in Hacker Groups Oktapus, Scattered Spider

Krebs on Security

authorities arrested a 19-year-old Florida man charged with wire fraud, aggravated identity theft, and conspiring with others to use SIM-swapping to steal cryptocurrency. technology companies during the summer of 2022. 9, 2024, U.S. A graphic depicting how 0ktapus leveraged one victim to attack another. Twilio disclosed in Aug.

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Cybercriminals attack banking customers in EU with V3B phishing kit – PhotoTAN and SmartID supported.

Security Affairs

These include: Social engineering tactics SIM swapping schemes Banking and credit card fraud” The attackers use various social engineering and spoofing tactics to trick victims into revealing their sensitive information, which supports real-time interaction to abuse and bypass MFA (Multi-Factor Authentication).

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Threat Actors Merging Malicious Activity With Cryptocurrency Show How the Attack Landscape is Developing in Decentralized Finance

Security Boulevard

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.

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North Korean Lazarus APT group targets blockchain tech companies

Malwarebytes

A new advisory issued by the Federal Bureau of Investigation (FBI), the Cybersecurity and Infrastructure Security Agency (CISA), and the US Treasury Department (Treasury), highlights the cyberthreats associated with cryptocurrency thefts and tactics used by a North Korean state-sponsored advanced persistent threat (APT) group since at least 2020.

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North Korea hackers impersonating Coinbase to lure employees and customers

CyberSecurity Insiders

The aim behind the said social engineering attack is simple, one to trap employees with fake job offers and second to lure customers in signing up the page and then steal their currency. NOTE – Lazarus is also known in the world of cybercrime as Guardians of Peace and is being run and funded by the government of North Korea.