DoJ Indicts 14 North Koreans for $88M IT Worker Fraud Scheme Over Six Years

December 13, 2024 at 11:45AM The U.S. Department of Justice has indicted 14 North Korean nationals for allegedly violating sanctions through a scheme involving wire fraud, money laundering, and identity theft. They illegally sought remote IT jobs while generating at least $88 million for the North Korean regime, utilizing various deceptive tactics to conceal their … Read more

Rydox Cybercrime Marketplace Disrupted, Administrators Arrested

December 13, 2024 at 07:02AM The US dismantled Rydox, a cybercrime marketplace for stolen personal information, arresting three Kosovo nationals linked to its administration. Active since 2016, Rydox generated over $230,000 in illicit sales. The US seized its domain and cryptocurrency, while the suspects face serious charges, including identity theft and money laundering. ### Meeting … Read more

FBI Busts Rydox Marketplace with 7,600 PII Sales, Cryptocurrency Worth $225K Seized

December 13, 2024 at 02:15AM The U.S. Department of Justice shut down the Rydox marketplace, arresting its Kosovo administrators for selling stolen personal information and cybercrime tools. Rydox facilitated over 7,600 sales, generating $230,000. Additionally, Nigerian national Abiola Kayode was extradited for his role in a $6 million email fraud scheme. ### Meeting Takeaways 1. … Read more

US offers $5 million for info on North Korean IT worker farms

December 12, 2024 at 03:26PM The U.S. State Department is offering up to $5 million for information on North Korean front companies involved in illegal remote IT work, generating millions to support nuclear programs. Fourteen “IT warriors” were indicted for identity theft and fraud, highlighting ongoing risks of North Korean infiltration in U.S. businesses. **Meeting … Read more

Fake IT Workers Funneled Millions to North Korea, DOJ Says

December 12, 2024 at 02:42PM The U.S. Justice Department indicted 14 North Korean nationals for a scheme posing as remote IT workers to commit sanctions violations, fraud, and identity theft, allegedly earning $88 million over six years. They used stolen identities and advanced tactics to access U.S. companies, highlighting the threat of North Korean cyberattacks. … Read more

Spain busts voice phishing ring for defrauding 10,000 bank customers

December 12, 2024 at 11:46AM Spanish and Peruvian police arrested 83 individuals involved in a major voice phishing scam, seizing cash and tech during 29 raids. The scammers impersonated banks, defrauding over 10,000 victims of €3 million by using spoofed calls to extract sensitive information. Authorities advise against sharing personal bank details without verification. ### … Read more

Bitcoin ATM firm Byte Federal hacked via GitLab flaw, 58K users exposed

December 12, 2024 at 11:09AM Byte Federal, the largest U.S. Bitcoin ATM operator, experienced a data breach affecting 58,000 customers due to a GitLab vulnerability. Sensitive information like names, social security numbers, and contact details were accessed. The company has secured its systems and urges customers to monitor for fraud but does not offer identity … Read more

Anna Jaques Hospital Data Breach Impacts 316,000 People

December 9, 2024 at 06:07AM Anna Jaques Hospital reported a data breach affecting over 316,000 individuals, compromising personal, medical, and financial information. Discovered on December 25, 2023, the incident led to the diversion of emergency patients. The hospital offers two years of free identity theft monitoring and urges vigilance against potential fraud. **Meeting Takeaways: Anna … Read more

Scattered Spider Cybercrime Members Face Prison Time

November 21, 2024 at 01:56PM The Department of Justice has charged five members of the hacking group “Scattered Spider” with various crimes related to cyberattacks on companies like MGM Resorts and Caesar’s Palace. Allegations include phishing and stealing sensitive data, cryptocurrencies, and identity information. They face significant prison sentences if convicted. ### Meeting Takeaways: 1. … 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