U.S. busts Romanian cybercrime ring that phished Americans, laundered millions of dollars

The scheme involved an elaborate amount of social-engineering with a dose of phishing.

financial news

Zcash, Chase's cryptocurrency partner, fixes bug that could have allowed 'unlimited' counterfeits

by Jeff Stone • 2 weeks ago

The bug could have allowed attackers to overwhelm Zcash’s financial ecosystem with falsified currency, perhaps enough to undermine trust in the cryptocurrency altogether.

'Gold mine' of customer loan, tax and other records exposed on open server

by Zaid Shoorbajee • 4 weeks ago

24 million records, one server, no password.

Cybercriminals 'hide in plain sight' to shake down West African financial players

by Jeff Stone • 1 month ago

Institutions in Cameroon, Congo, Ghana, Equatorial Guinea and Ivory Coast have been hit with cyberattacks that rely on known forms of malware as well as “living off the land” techniques.

Ryuk ransomware shows Russian criminal group is going big or going home

by Sean Lyngaas • 1 month ago

A subset of a Russian hacking group has raked in $3.7 million since August using Ryuk.

Kaspersky: Physical devices used to steal 'tens of millions' from Eastern Europe banks

by Zaid Shoorbajee • 3 months ago

Researchers dubbed the scheme "DarkVishnya" and said attackers intruded in-person to plant malicious devices on banks' networks to steal money.

‘London Blue’ cybercriminals turn to large-scale email scam

by Sean Lyngaas • 3 months ago

Criminals have used data brokers to compile a 50,000-person target list for their business email compromise scam.

Mastercard and Microsoft say they're developing a universal identity management solution

by Zaid Shoorbajee • 3 months ago

Mastercard and Microsoft pose that such a solution can help reduce payment fraud and identity theft.

Passport numbers stolen from Marriott provide scammers with another ID theft tool

by Jeff Stone • 3 months ago

It's another piece of data that can be used to sell "fullz," or full stolen profiles used to commit identity theft.

Hacked Pakistani bank cards for sale on the dark web again

by Joe Warminsky • 3 months ago

Hackers dumped tens of thousands of cards just a couple of weeks after Pakistan's banking system and government were roiled by a similar dumped and an apparent hack on at least one bank.

Why you shouldn't be afraid of nation-state hackers

by cyber_admin • 3 months ago

There's ample evidence of hacker “B-teams” amongst even the most sophisticated nation-state groups and you shouldn't be afraid of them.

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