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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. That story showed how Punchmade’s social media profiles promoted Punchmade-themed online stores selling bank account and payment card data. A copy of Turner’s complaint is available here (PDF).

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Cybersecurity Event Cancelled After Being Hit By Cybercriminals

Joseph Steinberg

The number of users who fell prey to the scam is as of yet unknown – but, other messages posted to the chat with complaints that a second shared link (also illegitimate) did not work properly seem to indicate that some people likely did, in fact, fall prey.

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FBI: Investment Scams Surpass BEC as Most Costly Cybercrime

SecureWorld News

Now the important question: how many of you got scammed in some sort of way by cryptocurrency or another type of investment? The FBI's Internet Crime Complaint Center (IC3) has released its 2022 Internet Crime Report , which reveals the trends and impacts of cybercrime in the United States. According to the U.S.

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Arrest in ‘Ransom Your Employer’ Email Scheme

Krebs on Security

In June 2021, the Nigerian government officially placed an indefinite ban on Twitter , restricting it from operating in Nigeria after the social media platform deleted tweets by the Nigerian president. But after his name appeared in the news media, he received thousands of inquiries from people interested in his idea. .”

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The ‘Groove’ Ransomware Gang Was a Hoax

Krebs on Security

22 on RAMP , a new and fairly exclusive Russian-language darknet cybercrime forum. In a post on the Russian cybercrime forum XSS , an established cybercrook using the handle “ Boriselcin ” explained that Groove was little more than a pet project to screw with the media and security industry. ” reads the Oct.

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FBI: Cybercrime skyrocketed in 2020, with email compromise scams accounting for 43% of losses

SC Magazine

The FBI’s Internet Crime Complaint Center (IC3) released its annual report Wednesday, showing a sharp increase in cybercrime, both in quantity and cost in 2020. Vendors had warned about the rise of COVID-19 scams throughout 2020. BEC/EAC is the only category of cybercrime costing more than $1 billion.

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Scams Starting on Social Media and Targeting Your Business

Security Boulevard

Social media is no stranger to scams. Being able to recognize these scams can help you prevent injury to your business. Social Media as a Newer Cybercrime Platform for Targeting Businesses Scammers go where the people […]… Read More.

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