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What’s worse than finding out that identity thieves took out a 546 percent interest payday loan in your name? How about a 900 percent interest loan? Or how about not learning of the fraudulent loan until it gets handed off to collection agents? One reader’s nightmare experience spotlights what can happen when ID thieves and […]
Up for the “Most Meta Cybercrime Offering” award this year is Accountz Club, a new cybercrime store that sells access to purloined accounts at services built for cybercriminals, including shops peddling stolen payment cards and identities, spamming tools, email and phone bombing services, and those selling authentication cookies for a slew of popular websites. Criminals […]
If you created an online account to manage your tax records with the U.S. Internal Revenue Service (IRS), those login credentials will cease to work later this year. The agency says that by the summer of 2022, the only way to log in to irs.gov will be through ID.me, an online identity verification service that […]
The Russian government said today it arrested 14 people accused of working for “REvil,” a particularly aggressive ransomware group that has extorted hundreds of millions of dollars from victim organizations. The Russian Federal Security Service (FSB) said the actions were taken in response to a request from U.S. officials, but many experts believe the crackdown […]
In a great many ransomware attacks, the criminals who pillage the victim’s network are not the same crooks who gained the initial access to the victim organization. More commonly, the infected PC or stolen VPN credentials the gang used to break in were purchased from a cybercriminal middleman known as an initial access broker. This […]
Microsoft today released updates to plug nearly 120 security holes in Windows and supported software. Six of the vulnerabilities were publicly detailed already, potentially giving attackers a head start in figuring out how to exploit them in unpatched systems. More concerning, Microsoft warns that one of the flaws fixed this month is “wormable,” meaning no […]
Many readers were surprised to learn recently that the popular Norton 360 antivirus suite now ships with a program which lets customers make money mining virtual currency. But Norton 360 isn’t alone in this dubious endeavor: Avira antivirus — which has built a base of 500 million users worldwide largely by making the product free […]
Norton 360, one of the most popular antivirus products on the market today, has installed a cryptocurrency mining program on its customers’ computers. Norton’s parent firm says the cloud-based service that activates the program and allows customers to profit from the scheme — in which the company keeps 15 percent of any currencies mined — […]
KrebsOnSecurity.com celebrates its 12th anniversary today! Maybe “celebrate” is too indelicate a word for a year wracked by the global pandemics of COVID-19 and ransomware. Especially since stories about both have helped to grow the audience here tremendously in 2021. But this site’s birthday also is a welcome opportunity to thank you all for your […]
A 24-year-old New York man who bragged about helping to steal more than $20 million worth of cryptocurrency from a technology executive has pleaded guilty to conspiracy to commit wire fraud. Nicholas Truglia was part of a group alleged to have stolen more than $100 million from cryptocurrency investors using fraudulent “SIM swaps,” scams in […]
Microsoft, Adobe, and Google all issued security updates to their products today. The Microsoft patches include six previously disclosed security flaws, and one that is already being actively exploited. But this month’s Patch Tuesday is overshadowed by the “Log4Shell” 0-day exploit in a popular Java library that web server administrators are now racing to find […]
The consulting firm PricewaterhouseCoopers recently published lessons learned from the disruptive and costly ransomware attack in May 2021 on Ireland’s public health system. The unusually candid post-mortem found that nearly two months elapsed between the initial intrusion and the launching of the ransomware. It also found affected hospitals had tens of thousands of outdated Windows […]
A 31-year-old Canadian man has been arrested and charged with fraud in connection with numerous ransomware attacks against businesses, government agencies and private citizens throughout Canada and the United States. Canadian authorities describe him as “the most prolific cybercriminal we’ve identified in Canada,” but so far they’ve released few other details about the investigation or […]
Rarely do cybercriminal gangs that deploy ransomware gain the initial access to the target themselves. More commonly, that access is purchased from a cybercriminal broker who specializes in acquiring remote access credentials — such as usernames and passwords needed to remotely connect to the target’s network. In this post we’ll look at the clues left […]
In January 2021, technology vendor Ubiquiti Inc. [NYSE:UI] disclosed that a breach at a third party cloud provider had exposed customer account credentials. In March, a Ubiquiti employee warned that the company had drastically understated the scope of the incident, and that the third-party cloud provider claim was a fabrication. On Wednesday, a former Ubiquiti […]
A visualization of the Internet made using network routing data. Image: Barrett Lyon, opte.org. Imagine being able to disconnect or redirect Internet traffic destined for some of the world’s biggest companies — just by spoofing an email. This is the nature of a threat vector recently removed by a Fortune 500 firm that operates one […]
In August, KrebsOnSecurity warned that scammers were contacting people and asking them to unleash ransomware inside their employer’s network, in exchange for a percentage of any ransom amount paid by the victim company. This week, authorities in Nigeria arrested a suspect in connection with the scheme — a young man who said he was trying […]
One of the more common ways cybercriminals cash out access to bank accounts involves draining the victim’s funds via Zelle, a “peer-to-peer” (P2P) payment service used by many financial institutions that allows customers to quickly send cash to friends and family. Naturally, a great deal of phishing schemes that precede these bank account takeovers begin […]
The CEO of a South Carolina technology firm has pleaded guilty to 20 counts of wire fraud in connection with an elaborate network of phony companies set up to obtain more than 735,000 Internet Protocol (IP) addresses from the nonprofit organization that leases the digital real estate to entities in North America. In 2018, the […]
The Federal Bureau of Investigation (FBI) confirmed today that its fbi.gov domain name and Internet address were used to blast out thousands of fake emails about a cybercrime investigation. According to an interview with the person who claimed responsibility for the hoax, the spam messages were sent by abusing insecure code in an FBI online […]
