Microsoft, Meta, and DOJ Disrupt Global Cybercrime and Fraudulent Networks

November 22, 2024 at 04:48AM Meta, Microsoft, and the U.S. Department of Justice are taking action against cybercrime. Microsoft seized 240 fraudulent websites linked to a phishing kit seller. The DoJ shut down PopeyeTools, a marketplace for stolen data, while Meta removed over two million scam accounts. Collaborations aim to combat online fraud globally. ### … Read more

Wiz Buys Dazz for $450 Million

November 21, 2024 at 11:20AM SecurityWeek offers comprehensive cybersecurity news, covering various topics such as malware, ransomware, data breaches, and threat intelligence. It also features virtual events, webcasts, and an ICS Cybersecurity Conference. Subscribers can sign up for daily briefings to stay updated on the latest developments in the cybersecurity landscape. ### Meeting Takeaways 1. … Read more

US seizes PopeyeTools cybercrime marketplace, charges administrators

November 21, 2024 at 10:51AM The U.S. has seized the cybercrime website ‘PopeyeTools’ and charged three administrators for selling stolen data. Authorities confiscated multiple domains and $283,000 in cryptocurrency. PopeyeTools trafficked financial information, offering services for cybercrime. Each administrator faces up to 10 years in prison if convicted, though no arrests have been made. ### … Read more

US Charges Five Alleged Scattered Spider Members

November 21, 2024 at 07:28AM Five individuals linked to the Scattered Spider cybercrime group have been charged with phishing and stealing millions of dollars in cryptocurrency, according to a report by SecurityWeek. **Meeting Takeaways:** 1. **Charges Filed**: The U.S. has charged five individuals alleged to be members of the Scattered Spider cybercrime group. 2. **Crimes … Read more

5 Scattered Spider Gang Members Indicted in Multi-Million Dollar Cybercrime Scheme

November 21, 2024 at 05:00AM Five alleged members of the Scattered Spider cybercrime group have been indicted for targeting U.S. companies through social engineering, stealing credentials to access crypto accounts and personal data worth millions. They face multiple charges, including wire fraud and identity theft, with potential sentences of up to 27 years. ### Meeting … Read more

New Ghost Tap attack abuses NFC mobile payments to steal money

November 20, 2024 at 11:45AM Cybercriminals are exploiting a method called ‘Ghost Tap’ to cash out stolen credit card details via mobile payment systems, using money mules worldwide. This tactic, more sophisticated than past methods, enables remote cash outs at multiple locations, making detection difficult for financial institutions. Consumer vigilance is essential to prevent losses. … Read more

Hackers Redirect $250,000 Payment in iLearningEngines Cyberattack

November 19, 2024 at 08:06AM iLearningEngines reported a cybersecurity incident involving the theft of $250,000 due to unauthorized access and wire misdirection. The company anticipates significant operational impacts for Q4 2024 but does not foresee long-term effects. The incident may be linked to a business email compromise scheme. No ransomware group has claimed responsibility. **Meeting … Read more

Fake Discount Sites Exploit Black Friday to Hijack Shopper Information

November 18, 2024 at 06:03AM A phishing campaign, attributed to a Chinese group named SilkSpecter, targets e-commerce shoppers in Europe and the U.S. ahead of Black Friday. Using fake sites mimicking brands, it aims to steal personal information and financial data through bogus discounts and SEO strategies. Victims may also face follow-up attacks. **Meeting Takeaways: … Read more

FTC reports 50% drop in unwanted call complaints since 2021

November 15, 2024 at 01:54PM The FTC reported a 50% decline in consumer complaints about unwanted telemarketing calls since 2021, with 1.1 million reports in 2023. The National Do Not Call Registry has 254 million active registrations. Key complaint categories include medical calls and imposters. Ongoing crackdowns aim to combat illegal telemarketing practices. ### Meeting … Read more

Bitfenix burglar bags 5 years behind bars for Bitcoin heist

November 15, 2024 at 09:14AM Ilya Lichtenstein has been sentenced to five years in prison for stealing nearly 120,000 Bitcoin from Bitfinex in 2016, worth about $69 million at the time. He and his wife, Heather Morgan, also pleaded guilty to laundering the stolen proceeds. Their assets will be forfeited to the US government. ### … Read more