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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. wtf, and PQHosting ; -sites selling aged email, financial, or social media accounts, such as verif[.]work com and rdp[.]monster;

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FBI’s Vetted Info Sharing Network ‘InfraGard’ Hacked

Krebs on Security

Federal Bureau of Investigation (FBI) to build cyber and physical threat information sharing partnerships with the private sector, this week saw its database of contact information on more than 80,000 members go up for sale on an English-language cybercrime forum. Pompompurin has been a thorn in the side of the FBI for years.

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How Cybercriminals are Weathering COVID-19

Krebs on Security

In a report published today, the company said since late March 2020 it has observed several crooks complaining about COVID-19 interfering with the daily activities of their various money mules (people hired to help launder the proceeds of cybercrime). ” Alex Holden , founder and CTO of Hold Security , agreed.

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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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Would You Have Fallen for This Phone Scam?

Krebs on Security

The request for the last four of the customer’s credit card number was consistent with my own testing, which relied upon on a caller ID spoofing service advertised in the cybercrime underground and aimed at a Citi account controlled by this author. A screen shot from an underground store selling CVV records. Click to enlarge.

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When Efforts to Contain a Data Breach Backfire

Krebs on Security

Earlier this month, the administrator of the cybercrime forum Breached received a cease-and-desist letter from a cybersecurity firm. “The set of information referred to is inaccurate and outdated, and does not put our users and customers at risk.” ” That statement may be 100 percent true.

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Fla. Man Charged in SIM-Swapping Spree is Key Suspect in Hacker Groups Oktapus, Scattered Spider

Krebs on Security

Indeed, those messages show Sosa/King Bob was obsessed with finding new “ grails ,” the slang term used in some cybercrime discussion channels to describe recordings from popular artists that have never been officially released. “I got the most music in the com,” King Bob bragged in a Discord server in November 2022.