A Nigerian national who has been extradited to the United States allegedly laundered millions of dollars stolen in business email compromise scams, according to the Justice Department. He flaunted his lavish lifestyle on social media, prosecutors say.
Security researchers warn that the number of exploit attempts targeting a critical vulnerability in F5 Networks' BIG-IP networking products has steadily increased since the company first announced the flaw late last week. They urge users to immediately apply patches.
Hackers with apparent ties to North Korea have extended their bag of online attack tricks beyond cryptocurrency mining, online bank heists and ransomware. Now, they're also hitting e-commerce merchants in the U.S. and Europe with Magecart attacks to steal payment card data, security firm Sansec reports.
The operators behind the Valak malware strain have expanded their malicious campaigns to other parts of the world, targeting financial, manufacturing, healthcare and insurance firms, according to Cisco Talos. Attackers are now using existing email threads and ZIP files to spread the information stealer.
The latest edition of the ISMG Security Report discusses global progress on adopting standard digital identifiers. Plus, a former cybercriminal discusses emerging fraud trends, and an update on the evolution of e-signatures.
European police gained access to messages sent via the encrypted cellular service EncroChat, leading to the arrest of hundreds of alleged organized crime members across the Netherlands, France, Norway, Sweden and the U.K., the EU's law enforcement intelligence agency Europol reports.
Fraudsters are using a revamped version of the Alina Trojan to target Windows-based POS devices to steal payment card data, according to Century Link's Black Lotus Labs. The malware operators are using unsecured DNS protocols to exfiltrate the data.
The gang behind the WastedLocker ransomware strain recently targeted dozens of newspaper websites operated by a U.S. media company, according to the security firm Symantec.
Could your organization withstand an attack by the master hacking operation known as "Fxmsp"? Hollywood loves to portray hackers as having ninja-like skills. But Fxmsp often favored the simplest tools for the job, because they so often worked. Defenders: Take note.
The operators behind an updated version of the FakeSpy malware are targeting Android devices using SMS phishing messages to spread the info stealer, according to Cybereason. The messages are designed to appear to come from postal and delivery services.
With the COVID-19 pandemic continuing to surge, organizations must remain vigilant in their defense against coronavirus-themed phishing, business email compromise and other fraud campaigns, says attorney Robert Egan, who offers risk mitigation insights.
Since the start of the COVID-19 pandemic, the number of brute-force attacks targeting RDP connections has steadily increased, spiking to 100,000 incidents per day in April and May, according to the security firm ESET. These attacks pave the way for launching ransomware attacks and planting cryptominers.
Is the Fxmsp hacking operation still in business? Experts say Fxmsp earned $1.5 million in illicit profits, thanks to a botnet-based business model that enabled the group to sell remote access to hacked networks. But then it advertised source code allegedly stolen from three anti-virus vendors.
How long does it take to become a reliable, trusted seller in the cybercrime-as-a-service ecosystem? For the Fxmsp hacking collective, experts say the answer is about a year. The group built a botnet that facilitated network intrusions and data exfiltration, but it was driven off cybercrime forums.
Payment card hackers are now hiding malicious JavaScript inside an image's EXIF metadata and then sneaking the image onto e-commerce sites, according to the security firm Malwarebytes.
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