Category Archives: Web Fraud 2.0

When Efforts to Contain a Data Breach Backfire

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Earlier this month, the administrator of the cybercrime forum Breached received a cease-and-desist letter from a cybersecurity firm. The missive alleged that an auction on the site for data stolen from 10 million customers of Mexico’s second-largest bank was fake news and harming the bank’s reputation. The administrator responded to this empty threat by purchasing the stolen banking data and leaking it on the forum for everyone to download. Continue reading When Efforts to Contain a Data Breach Backfire→

Scammers Sent Uber to Take Elderly Lady to the Bank

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Email scammers sent an Uber to the home of an 80-year-old woman who responded to a well-timed email scam, in a bid to make sure she went to the bank and wired money to the fraudsters.  In this case, the woman figured out she was being scammed before embarking for the bank, but her story is a chilling reminder of how far crooks will go these days to rip people off. Continue reading Scammers Sent Uber to Take Elderly Lady to the Bank→

No SOCKS, No Shoes, No Malware Proxy Services!

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With the recent demise of several popular “proxy” services that let cybercriminals route their malicious traffic through hacked PCs, there is now something of a supply chain crisis gripping the underbelly of the Internet. Compounding the problem, several remaining malware-based proxy services have chosen to block new registrations to avoid swamping their networks with a sudden influx of customers. Continue reading No SOCKS, No Shoes, No Malware Proxy Services!→

911 Proxy Service Implodes After Disclosing Breach

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911[.]re, a proxy service that since 2015 has sold access to hundreds of thousands of Microsoft Windows computers daily, announced this week that it is shutting down in the wake of a data breach that destroyed key components of its business operations. The abrupt closure comes ten days after KrebsOnSecurity published an in-depth look at 911 and its connections to shady pay-per-install affiliate programs that secretly bundled 911’s proxy software with other titles, including “free” utilities and pirated software. Continue reading 911 Proxy Service Implodes After Disclosing Breach→

Massive Losses Define Epidemic of ‘Pig Butchering’

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U.S. state and federal investigators are being inundated with reports from people who’ve lost hundreds of thousands or millions of dollars in connection with a complex investment scam known as “pig butchering,” wherein people are lured by flirtatious strangers online into investing in cryptocurrency trading platforms that eventually seize any funds when victims try to cash out. Continue reading Massive Losses Define Epidemic of ‘Pig Butchering’→

A Deep Dive Into the Residential Proxy Service ‘911’

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For the past seven years, an online service known as 911 has sold access to hundreds of thousands of Microsoft Windows computers daily, allowing customers to route malicious traffic through PCs in virtually any country or city around the globe — but predominantly in the United States. The proxy service says its network is made up entirely of users who voluntarily install the proxy software. But new research shows 911 has a long history of purchasing installations via shady “pay-per-install” affiliate marketing schemes, some of which 911 operated on its own. Continue reading A Deep Dive Into the Residential Proxy Service ‘911’→

Experian, You Have Some Explaining to Do

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Twice in the past month KrebsOnSecurity has heard from readers who’ve had their accounts at big-three credit bureau Experian hacked and updated with a new email address that wasn’t theirs. In both cases the readers used password managers to select strong, unique passwords for their Experian accounts. Research suggests identity thieves were able to hijack the accounts simply by signing up for new accounts at Experian using the victim’s personal information and a different email address. Continue reading Experian, You Have Some Explaining to Do→

The Link Between AWM Proxy & the Glupteba Botnet

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On December 7, 2021, Google announced it had sued two Russian men allegedly responsible for operating the Glupteba botnet, a global malware menace that has infected millions of computers over the past decade. That same day, AWM Proxy — a 14-year-old anonymity service that rents hacked PCs to cybercriminals — suddenly went offline. Security experts had long seen a link between Glupteba and AWM Proxy, but new research shows AWM Proxy’s founder is one of the men being sued by Google. Continue reading The Link Between AWM Proxy & the Glupteba Botnet→

KrebsOnSecurity in New Netflix Series on Cybercrime

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Netflix has a new documentary series airing next week — “Web of Make Believe: Death, Lies & the Internet” — in which Yours Truly apparently has a decent amount of screen time. The debut episode explores the far-too-common harassment tactic of “swatting” — wherein fake bomb threats or hostage situations are phoned in to police as part of a scheme to trick them into visiting potentially deadly force on a target’s address. Continue reading KrebsOnSecurity in New Netflix Series on Cybercrime→

Fighting Fake EDRs With ‘Credit Ratings’ for Police

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When KrebsOnSecurity last month explored how cybercriminals were using hacked email accounts at police departments worldwide to obtain warrantless Emergency Data Requests (EDRs) from social media and technology providers, many security experts called it a fundamentally unfixable problem. But don’t tell that to Matt Donahue, a former FBI agent who recently quit the agency to launch a startup that aims to help tech companies do a better job screening out phony law enforcement data requests — in part by assigning trustworthiness or “credit ratings” to law enforcement authorities worldwide. Continue reading Fighting Fake EDRs With ‘Credit Ratings’ for Police→