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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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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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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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How Does One Get Hired by a Top Cybercrime Gang?

Krebs on Security

This post explores answers to those questions, as well as some of the ways Trickbot and other organized cybercrime gangs gradually recruit, groom and trust new programmers. Alla Witte’s personal website — allawitte[.]nl nl — circa October 2018. 6 in Miami, Fla. Image: DOJ. On June 7, the DOJ announced it had clawed back $2.3

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Threat actors exploit Aviatrix Controller flaw to deploy backdoors and cryptocurrency miners

Security Affairs

A critical vulnerability in Aviatrix Controller is actively exploited to deploy backdoors and cryptocurrency miners in the wild. The Wiz Incident Response team reported that threat actors are exploiting the flaw in attacks in the wild to deploy backdoors and cryptocurrency miners. ” reads the advisory published by Wiz.

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Anti-Money Laundering Service AMLBot Cleans House

Krebs on Security

AMLBot , a service that helps businesses avoid transacting with cryptocurrency wallets that have been sanctioned for cybercrime activity, said an investigation published by KrebsOnSecurity last year helped it shut down three dark web services that secretly resold its technology to help cybercrooks avoid detection by anti-money laundering systems.

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Crazy Evil gang runs over 10 highly specialized social media scams

Security Affairs

Since 2021, the Crazy Evil gang has become a major cybercriminal group, using phishing, identity fraud, and malware to steal cryptocurrency. “Targeting of Cryptocurrency Users and Influencers: Crazy Evil explicitly victimizes the cryptocurrency space with bespoke spearphishing lures.”

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