Collaborate Disseminate
Law enforcement agencies may have had a significant victory in the battle against ransomware gangs, following the arrest of two men in Ukraine.
Read more in my article on the Hot for Security blog. Continue reading €70 million ransomware gang busted in Ukraine
By Waqas
Europol said that the suspects carried out a number of cybercrimes included phishing, SIM Swapping, and BEC (business email compromise.)
This is a post from HackRead.com Read the original post: Europol nabs 106 criminals involved in SIM swapp… Continue reading Europol nabs 106 criminals involved in SIM swapping, money laundering
Police in Europe have arrested more than 100 people who allegedly stole more than $11 million in a years-long fraud operation that law enforcement officials have linked to an Italian mafia group. Officials in Italy and Spain arrested 106 suspects who are accused of using phishing, credit card fraud and other cybercrime techniques in conjunction with drug trafficking and property crime, according to the European law enforcement agency Europol. Thieves used business email compromise schemes and SIM swapping — in which scammers take control of a victim’s phone number to steal sensitive information — before laundering the funds via a network of shell companies and money mules, police said in a statement Monday. The bust is the latest evidence hinting at the extent to which established organized crime groups are adopting the methods typically used by hackers. While scammers are known to operate in loose crime rings in Russia, Nigeria […]
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Scammers are impersonating the head of Europol, the European Union’s law enforcement agency, in an attempt to spook victims into handing over their financial information. The Belgian police have received hundreds of reports of emails purporting to come from Catherine De Bolle, Europol’s executive director, according to the Brussels Times. The email accuses the recipient of child pornography and sex trafficking, and then attempts to steal the PayPal account credentials. The email threatens to initiate criminal prosecution against the recipient unless they reply within 72 hours. Europol, which had warned about this type of scam in April, again urged internet users on Thursday not to fall for the gimmick. “Our executive director would never contact members of the public threatening individuals with opening a criminal investigation,” tweeted Europol, which does investigate lots of actual cybercrime. Cybercrooks often impersonate the law enforcement agencies that hunt them in an effort to intimidate […]
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Continue reading Scammers impersonate Europol chief in an effort to defraud Belgians
An international police sting netted 23 arrests in three countries of suspects behind a business email compromise scheme that last year turned to capitalizing on COVID-19 fears, Europol announced on Wednesday. Together, the fraudsters are believed to have stolen at least $1.2 million from companies in 20 countries, mainly European and Asian nations, the European Union police agency said. The scheme relied on use of compromised email accounts for advance-payment fraud, Europol said. The suspects created fake emails and websites that resembled those of legitimate companies to trick victims into placing orders with them. They then laundered financial data through Romanian bank accounts to ultimately withdraw money from ATMs. “The fraud was run by an organised crime group which prior to the COVID-19 pandemic already illegally offered other fictitious products for sale online, such as wooden pellets,” Europol’s announcement said. “Last year the criminals changed their modus operandi and started […]
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Continue reading European police round up 23 suspected scammers accused of $1.2 million fraud
By Deeba Ahmed
US, Canada, and European authorities took part in the operation which ended up seizing cybercriminals’ access to and infrastructure of DoubleVPN.
This is a post from HackRead.com Read the original post: Domain, server of DoubleVPN used b… Continue reading Domain, server of DoubleVPN used by ransomware gangs seized
A security tool that hackers used to disguise their ransomware attacks, email scams and other nefarious activity is offline following a global law enforcement action. Servers and web domains belonging to DoubleVPN, a virtual private network (VPN), were seized during an investigation by the Dutch National Police, the FBI, the U.K.’s National Crime Agency and Europol, authorities said Wednesday. Accused cybercriminals advertised DoubleVPN throughout Russian and English-speaking hacker markets as a means of helping customers hide their location and internet traffic from police for prices as low as $25. “Law enforcement gained access to the servers of DoubleVPN and seized personal information, logs and statistics kept by DoubleVPN about all of its customers,” a seizure notice on the site advised. “DoubleVPN’s owners failed to provide the services they promised.” The police announcement did not identify the specific ransomware gangs that allegedly used DoubleVPN. Internet users throughout the world rely on […]
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Nuspire released a report which outlines new cybercriminal activity and tactics, techniques and procedures (TTPs) with additional insight from Recorded Future. “As companies return to a hybrid workplace, it’s crucial that they are aware of the evolving… Continue reading VPN attacks up nearly 2000% as companies embrace a hybrid workplace
Some of the world’s top tech firms are backing a new industry task force focused on disrupting cybercriminal ransomware gangs by limiting their ability to get paid, and targeting the individuals and finances of the organized thieves behind these crimes. Continue reading Task Force Seeks to Disrupt Ransomware Payments
iProov announced that Paul King has joined its advisory board. King spent 27 years at Cisco, most recently as Chief Security Officer, Cisco UK. He has been an influential member of many cyber security industry bodies, including the Advisory Group on In… Continue reading Paul King joins iProov advisory board