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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: Spike in Hacked Police Emails, Fake Subpoenas

Krebs on Security

based technology companies. One English-speaking cybercriminal who goes by the nicknames “ Pwnstar ” and “ Pwnipotent ” has been selling fake EDR services on both Russian-language and English cybercrime forums. “I cannot 100% guarantee every order will go through,” Pwnstar explained.

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How Phished Data Turns into Apple & Google Wallets

Krebs on Security

But a flurry of innovation from cybercrime groups in China is breathing new life into the carding industry, by turning phished card data into mobile wallets that can be used online and at main street stores. Happily, the broad deployment of more secure chip-based payment cards in the United States has weakened the carding market.

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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. That InfraGard member, who is head of security at a major U.S.

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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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The Stark Truth Behind the Resurgence of Russia’s Fin7

Krebs on Security

The Russia-based cybercrime group dubbed “ Fin7 ,” known for phishing and malware attacks that have cost victim organizations an estimated $3 billion in losses since 2013, was declared dead last year by U.S. authorities. In May 2023, the U.S.

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E-Crime Rapper ‘Punchmade Dev’ Debuts Card Shop

Krebs on Security

The rapper and social media personality Punchmade Dev is perhaps best known for his flashy videos singing 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. Punchmade Dev’s shop.