Remove Cryptocurrency Remove Mobile Remove Web Fraud
article thumbnail

Man Robbed of 16 Bitcoin Sues Young Thieves’ Parents

Krebs on Security

In a lawsuit filed in Colorado, Schober said the sudden disappearance of his funds in January 2018 prompted him to spend more than $10,000 hiring experts in the field of tracing cryptocurrency transactions. universities). When Schober went to move approximately 16.4 When Schober went to move approximately 16.4

article thumbnail

Busting SIM Swappers and SIM Swap Myths

Krebs on Security

that has been tracking down individuals engaged in unauthorized “SIM swaps” — a complex form of mobile phone fraud that is often used to steal large amounts of cryptocurrencies and other items of value from victims. That’s pretty remarkable.

Mobile 265
Insiders

Sign Up for our Newsletter

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

article thumbnail

How 1-Time Passcodes Became a Corporate Liability

Krebs on Security

A recent spate of SMS phishing attacks from one cybercriminal group has spawned a flurry of breach disclosures from affected companies, which are all struggling to combat the same lingering security threat: The ability of scammers to interact directly with employees through their mobile devices. ” On July 28 and again on Aug.

Mobile 339
article thumbnail

Two Charged in SIM Swapping, Vishing Scams

Krebs on Security

Bryan hijacked social media and bitcoin accounts using a mix of voice phishing or “ vishing ” attacks and “ SIM swapping ,” a form of fraud that involves bribing or tricking employees at mobile phone companies. Interestingly, the conspiracy appears to have unraveled over a business dispute between the two men.

Scams 340
article thumbnail

Experts Fear Crooks are Cracking Keys Stolen in LastPass Breach

Krebs on Security

Since then, a steady trickle of six-figure cryptocurrency heists targeting security-conscious people throughout the tech industry has led some security experts to conclude that crooks likely have succeeded at cracking open some of the stolen LastPass vaults. “The victim profile remains the most striking thing,” Monahan wrote.

article thumbnail

Lamborghini Carjackers Lured by $243M Cyberheist

Krebs on Security

The parents of a 19-year-old Connecticut honors student accused of taking part in a $243 million cryptocurrency heist in August were carjacked a week later — while out house-hunting in a brand new Lamborghini. ’s son was loaded with cryptocurrency? ” What made the Miami men so convinced R.C.

article thumbnail

How Coinbase Phishers Steal One-Time Passwords

Krebs on Security

Coinbase is the world’s second-largest cryptocurrency exchange, with roughly 68 million users from over 100 countries. In each case, the phishers manually would push a button that caused the phishing site to ask visitors for more information, such as the one-time password from their mobile app. SIFTING COINBASE FOR ACTIVE USERS.

Passwords 362