Collaborate Disseminate
Three Americans were charged this week with stealing more than $400 million in a November 2022 SIM-swapping attack. The U.S. government did not name the victim organization, but there is every indication that the money was stolen from the now-defunct cryptocurrency exchange FTX, which had just filed for bankruptcy on that same day. Continue reading Arrests in $400M SIM-Swap Tied to Heist at FTX?
On Jan. 9, 2024, U.S. authorities arrested a 19-year-old Florida man charged with wire fraud, aggravated identity theft, and conspiring with others to use SIM-swapping to steal cryptocurrency. Sources close to the investigation tell KrebsOnSecurity the accused was a key member of a criminal hacking group blamed for a string of cyber intrusions at major U.S. technology companies during the summer of 2022. Continue reading Fla. Man Charged in SIM-Swapping Spree is Key Suspect in Hacker Groups Oktapus, Scattered Spider
Relying on a court order, the tech giant seized websites belonging to a top purveyor of fraudulent Microsoft accounts.
The post Microsoft seizes infrastructure of top cybercrime group appeared first on CyberScoop.
Continue reading Microsoft seizes infrastructure of top cybercrime group
Under the new rules, wireless carriers are required to notify customers of any SIM transfer requests, a measure designed to thwart fraudulent attempts by cybercriminals.
The post FCC Tightens Telco Rules to Combat SIM-Swapping appeared first on Securi… Continue reading FCC Tightens Telco Rules to Combat SIM-Swapping
An aggressive ransomware group has hit a series of prominent targets in recent months without any arrests being made.
The post U.S. officials urge more information sharing on prolific cybercrime group appeared first on CyberScoop.
Continue reading U.S. officials urge more information sharing on prolific cybercrime group
A 20-year-old Floridian was sentenced to prison for his role in a hacking scheme that led to the theft of $1 million in cryptocurrency.
The post Florida SIM Swapper Sentenced to Prison for Cryptocurrency Theft appeared first on SecurityWeek.
Continue reading Florida SIM Swapper Sentenced to Prison for Cryptocurrency Theft
While best known for its social engineering techniques, a criminal hacking group known as “the Com” sometimes uses threats of violence.
The post Hackers that breached Las Vegas casinos rely on violent threats, research shows appeared first on CyberScoop.
Continue reading Hackers that breached Las Vegas casinos rely on violent threats, research shows
MGM Resorts said costs from a disruptive ransomware hack has exceeded $110 million, including $10 million in one-time consulting cleanup fees.
The post MGM Resorts Says Ransomware Hack Cost $110 Million appeared first on SecurityWeek.
Continue reading MGM Resorts Says Ransomware Hack Cost $110 Million
A breach of two Las Vegas casino operators is shining a spotlight on the Scattered Spider and ALPHV hacking groups.
The post Groups linked to Las Vegas cyber attacks are prolific criminal hacking gangs appeared first on CyberScoop.
Continue reading Groups linked to Las Vegas cyber attacks are prolific criminal hacking gangs
Coinbase was recently targeted in a sophisticated phishing attack and the cryptocurrency exchange linked the hack to the 0ktapus group.
The post Coinbase Attack Linked to Group Behind Last Year’s Twilio, Cloudflare Hacks appeared first on Securi… Continue reading Coinbase Attack Linked to Group Behind Last Year’s Twilio, Cloudflare Hacks