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Cybercrime against retail brands is up 41% during pandemic

Tech Republic Security

A dramatic uptick in scams, counterfeiting, and hacking plague retail and e-commerce industries during the coronavirus crisis, as businesses try to define their new normal.

Retail 170
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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. But until recently, there wasn’t much to support a conclusion that Punchmade was actually doing the cybercrime things he promotes in his songs. cc , which behaves and looks the same as his older shop.

Banking 264
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Global Scamdemic: Scams Become Number One Online Crime

Security Affairs

Group-IB, a global threat hunting and adversarial cyber intelligence company specializing in the investigation and prevention of high-tech cybercrime, has published a comprehensive analysis of fraud cases on a global scale. . Insurance companies around the world are now suffering from phishing.

Scams 138
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Cybercriminals Accelerate Online Scams During Ramadan and Eid Fitr

Security Affairs

During the month of Ramadan, Resecurity observed a significant increase in fraudulent activities and scams. During the month of Ramadan, Resecurity observed a significant increase in fraudulent activities and scams, coinciding with a surge in retail and online transactions.

Scams 140
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BrandPost: Hyper-vigilance is Critical for Retail Security

CSO Magazine

And more cybercrime. The unfortunate truth is that the holidays have always been big for cybercrime, and this year is most definitely not an exception. In fact, the situation is likely to be worse due to the impact supply chain issues are having on retailers and their customers. To read this article in full, please click here

Retail 104
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Russian Reshipping Service ‘SWAT USA Drop’ Exposed

Krebs on Security

One of the largest cybercrime services for laundering stolen merchandise was hacked recently, exposing its internal operations, finances and organizational structure. Services like SWAT are known as “Drops for stuff” on cybercrime forums. Most reshipping scams promise employees a monthly salary and even cash bonuses.

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The Life Cycle of a Breached Database

Krebs on Security

Earlier this month, customers of the soccer jersey retailer classicfootballshirts.co.uk “If you were to look [on cybercrime forums] at the past history of people posting about that Ledger database, you’d see people were selling it privately for months prior to that,” Nixon said. Urgency should be a giant red flag.

Passwords 362