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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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Cryptocurrency Pump and Dump Scams

Schneier on Security

Really interesting research: " An examination of the cryptocurrency pump and dump ecosystem ": Abstract : The surge of interest in cryptocurrencies has been accompanied by a proliferation of fraud. The recent explosion of nearly 2,000 cryptocurrencies in an unregulated environment has expanded the scope for abuse.

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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. 13, with an attack on cryptocurrency trading platform liquid.com. In due course, the malicious actor was able to partially compromise our infrastructure, and gain access to document storage.”

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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. Others simply sell access to hacked government or police email accounts, and leave it up to the buyer to forge any needed documents. “Unlimited Emergency Data Requests. . Reset as you please.

Hacking 281
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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. “Maybe we can open business?

Retail 258
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Identifying the Person Behind Bitcoin Fog

Schneier on Security

It goes on to show the blockchain evidence that identifies Sterlingov’s purchase of that Liberty Reserve currency with bitcoins: He first exchanged euros for the bitcoins on the early cryptocurrency exchange Mt. That document described exactly the steps Sterlingov allegedly took to buy the Liberty Reserve funds he’d used.