Potent youth cybercrime ring made up of 1,000 people, FBI official says

The group known as Scattered Spider is one of the most impactful cybercrime groups working today and has proven elusive to law enforcement so far.  

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Arrests in $400M SIM-Swap Tied to Heist at FTX?

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?

Fla. Man Charged in SIM-Swapping Spree is Key Suspect in Hacker Groups Oktapus, Scattered Spider

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

FCC Tightens Telco Rules to Combat SIM-Swapping

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.
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U.S. officials urge more information sharing on prolific cybercrime group

An aggressive ransomware group has hit a series of prominent targets in recent months without any arrests being made.

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Florida SIM Swapper Sentenced to Prison for Cryptocurrency Theft

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.
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Hackers that breached Las Vegas casinos rely on violent threats, research shows

While best known for its social engineering techniques, a criminal hacking group known as “the Com” sometimes uses threats of violence.

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Groups linked to Las Vegas cyber attacks are prolific criminal hacking gangs

A breach of two Las Vegas casino operators is shining a spotlight on the Scattered Spider and ALPHV hacking groups.

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