January 18, 2024 at 06:12AM Foxsemicon, a subsidiary of Foxconn, was reportedly attacked by LockBit ransomware. 5 Tb of data was claimed to be stolen and encrypted, including personal data of customers and employees. The cybercriminals demanded a ransom and threatened to make the data public. Although Foxsemicon believes the impact won’t be significant, the … Read more
January 17, 2024 at 04:30PM The “Inferno Drainer” phishing campaign siphoned over $80 million in cryptocurrency over a year. Using 100 cryptocurrency brands, the attackers lured victims into authorizing fund siphoning, gaining scale from an innovative “drainer-as-a-service” model. The attackers used brand impersonation and social media lures, and the infrastructure was available to rent. Vigilance … Read more
January 17, 2024 at 01:57PM Summary: The cybercrime syndicate ‘Bigpanzi’ has been infecting Android TV and eCos set-top boxes to create a large botnet used for illegal activities, including media streaming, DDoS attacks, and content provision. Their customized malware, pandoraspear and pcdn, poses serious cybersecurity threats. The scale of their operations, involving over 1.3 million … Read more
January 15, 2024 at 02:30PM Ukrainian Police and Europol arrested a 29-year-old individual in Mykolaiv, Ukraine, suspected of orchestrating a $2 million cryptojacking scheme. The attacker targeted a major ecommerce company, hacking over 1,500 user accounts and infecting the service with cryptocurrency mining malware. Authorities are investigating potential accomplices and the suspect’s ties to pro-Russian … Read more
January 13, 2024 at 09:31PM A 29-year-old Ukrainian man was arrested for orchestrating a massive cryptojacking scheme, using hacked accounts to create 1 million virtual servers and mine $2 million in cryptocurrency. Europol, in collaboration with Ukrainian authorities, tracked down the hacker, who is now facing criminal charges under the Criminal Code of Ukraine. Mitigating … Read more
January 13, 2024 at 05:24AM A 29-year-old Ukrainian national was arrested for a “sophisticated cryptojacking scheme,” making over $2 million in illicit profits. The arrest was made in Mykolaiv with help from Europol and a cloud service provider. The suspect used compromised cloud user accounts to mine cryptocurrencies, avoiding infrastructure costs. Properties were searched for … Read more
January 12, 2024 at 12:11AM Trend Micro collaborated with INTERPOL to defend the FIFA World Cup, monitoring and reporting on potential cyber threats. They proactively identified and shared detections of malicious websites and scams, such as fake ticket sales, streaming sites, survey scams, and crypto scamming. Trend Micro aims to continue making the digital world … Read more
January 10, 2024 at 08:03PM French hacker Sebastien Raoult, a member of the ShinyHunters gang, was jailed in the US for creating fake login pages to steal personal and financial data from millions. The 22-year-old was motivated by greed and pleaded guilty to conspiracy to commit wire fraud and identity theft. He received a three-year … Read more
January 10, 2024 at 12:07PM Ransomware victims facing extortion attempts from a third party posing as a security researcher. Arctic Wolf Labs highlighted cases involving victims of Royal and Akira gangs being extorted by an individual or group, requesting a fee of 5 Bitcoin. The victims, US-based SMBs in finance and construction, did not pay … Read more
January 10, 2024 at 09:51AM Sebastien Raoult, a member of the ShinyHunters hacking group, was sentenced to 3 years in prison in the U.S. for conspiracy to commit wire fraud and identity theft, with a $5,000,000 restitution order. His activities caused financial damages exceeding $6 million by stealing personal information and selling it on the … Read more