Law enforcement authorities have announced the takedown of an international criminal network that leveraged a phishing platform to unlock stolen or lost mobile phones. The phishing-as-a-service (PhaaS) platform, called iServer, is estimated to have claimed more than 483,000 victims globally, led by Chile (77,000), Colombia (70,000), Ecuador (42,000), Peru (41,500), Spain … [Read more...] about Europol Shuts Down Major Phishing Scheme Targeting Mobile Phone Credentials
Scheme
Indian National Pleads Guilty to $37 Million Cryptocurrency Theft Scheme
An Indian national has pleaded guilty in the U.S. over charges of stealing more than $37 million by setting up a website that impersonated the Coinbase cryptocurrency exchange platform. Chirag Tomar, 30, pleaded guilty to wire fraud conspiracy, which carries a maximum sentence of 20 years in prison and a $250,000 fine. He was arrested on December 20, 2023, upon entering the … [Read more...] about Indian National Pleads Guilty to $37 Million Cryptocurrency Theft Scheme
Dutch Police Arrest 3 Hackers Involved in Massive Data Theft and Extortion Scheme
Feb 27, 2023Ravie Lakshmanan The Dutch police announced the arrest of three individuals in connection with a "large-scale" criminal operation involving data theft, extortion, and money laundering. The suspects include two 21-year-old men from Zandvoort and Rotterdam and an 18-year-old man without a permanent residence. The arrests were made on January 23, 2023. It's estimated … [Read more...] about Dutch Police Arrest 3 Hackers Involved in Massive Data Theft and Extortion Scheme
Massive Ad Fraud Scheme Targeted Over 11 Million Devices with 1,700 Spoofed Apps
Jan 23, 2023Ravie LakshmananMobile Security / Malvertising Researchers have shut down an "expansive" ad fraud scheme that spoofed more than 1,700 applications from 120 publishers and impacted roughly 11 million devices. "VASTFLUX was a malvertising attack that injected malicious JavaScript code into digital ad creatives, allowing the fraudsters to stack numerous invisible … [Read more...] about Massive Ad Fraud Scheme Targeted Over 11 Million Devices with 1,700 Spoofed Apps
New York Man Sentenced to 4 Years in Transnational Cybercrime Scheme
A 37-year-old man from New York has been sentenced to four years in prison for buying stolen credit card information and working in cahoots with a cybercrime cartel known as the Infraud Organization. John Telusma, who went by the alias "Peterelliot," pleaded guilty to one count of racketeering conspiracy on October 13, 2021. He joined the gang in August 2011 and remained a … [Read more...] about New York Man Sentenced to 4 Years in Transnational Cybercrime Scheme
Mount Locker Ransomware Offering Double Extortion Scheme to Other Hackers
A relatively new ransomware strain behind a series of breaches on corporate networks has developed new capabilities that allow it to broaden the scope of its targeting and evade security software—as well as with ability for its affiliates to launch double extortion attacks. The MountLocker ransomware, which only began making the rounds in July 2020, has already gained notoriety … [Read more...] about Mount Locker Ransomware Offering Double Extortion Scheme to Other Hackers
Two Widely Used Ad Blocker Extensions for Chrome Caught in Ad Fraud Scheme
Two widely used Adblocker Google Chrome extensions, posing as the original — AdBlock and uBlock Origin — extensions on Chrome Web Store, have been caught stuffing cookies in the web browser of millions of users to generate affiliate income from referral schemes fraudulently.There's no doubt web extensions add a lot of useful features to web browsers, making your online … [Read more...] about Two Widely Used Ad Blocker Extensions for Chrome Caught in Ad Fraud Scheme