article thumbnail

How Cryptocurrency Turns to Cash in Russian Banks

Krebs on Security

Peter German , a former deputy commissioner for the Royal Canadian Mounted Police who authored two reports on money laundering in British Columbia, told the publicationsit goes against the spirit of Canadas registration requirements for such businesses, which are considered high-risk for money laundering and terrorist financing.

article thumbnail

New Anti Anti-Money Laundering Services for Crooks

Krebs on Security

Come check out Antinalysis, the new address risk analyzer,” reads the service’s announcement, pointing to a link only accessible via ToR. If you use BTC->XMR->BTC method, you’ll still get flagged down by our services labelled as high risk exchange (not to mention LE and exchanges).

Insiders

Sign Up for our Newsletter

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

article thumbnail

UK Sets Up Fake Booter Sites To Muddy DDoS Market

Krebs on Security

“Going forward, people who wish to use these services can’t be sure who is actually behind them, so why take the risk?” The NCA says hiring or launching attacks designed to knock websites or users offline is punishable in the UK under the Computer Misuse Act 1990. ” the NCA announcement continues.

DDOS 319
article thumbnail

Be Very Sparing in Allowing Site Notifications

Krebs on Security

And almost invariably, those messages include misleading notifications about security risks on the user’s system, prompts to install other software, ads for dating sites, erectile disfunction medications, and dubious investment opportunities.

Antivirus 360
article thumbnail

Apple AirTag Bug Enables ‘Good Samaritan’ Attack

Krebs on Security

The risk, of course, is that some researchers may decide it’s less of a hassle to sell their exploits to vulnerability brokers, or on the darknet — both of which often pay far more than bug bounty awards.

Mobile 354
article thumbnail

Would You Have Fallen for This Phone Scam?

Krebs on Security

Fraud prevention company Next Caller said this week it has tracked “massive increases in call volumes and high-risk calls across Fortune 500 companies as a result of COVID-19.” ” Image: Next Caller. But it said that surge also brought with it an influx of fraudsters looking to capitalize on all the chaos.

Scams 363
article thumbnail

Recycle Your Phone, Sure, But Maybe Not Your Number

Krebs on Security

” They also recommend the carriers teach their support employees to remind customers about the risks of relinquishing a mobile number without first disconnecting it from other identities and sites online, advice they generally did not find was offered when interacting with customer support regarding number changes.

Mobile 362