A Connecticut man who’s earned “bug bounty” rewards and public recognition from top telecom companies for finding and reporting security holes in their Web sites secretly operated a service that leveraged these same flaws to sell their customers’ personal data, KrebsOnSecurity has learned.
A year ago, KrebsOnSecurity warned that “Informed Delivery,” a new offering from the U.S. Postal Service (USPS) that lets residents view scanned images of all incoming mail, was likely to be abused by identity thieves and other fraudsters unless the USPS beefed up security around the program and made it easier for people to opt out. This week, the U.S. Secret Service issued an internal alert warning that many of its field offices have reported crooks are indeed using Informed Delivery to commit various identity theft and credit card fraud schemes.
KrebsOnSecurity recently had a chance to interview members of the REACT Task Force, a team of law enforcement officers and prosecutors based in Santa Clara, Calif. that has been tracking down individuals engaged in unauthorized “SIM swaps” — a complex form of mobile phone fraud that is often used to steal large amounts of cryptocurrencies and other items of value from victims. Snippets from that fascinating conversation are recounted below, and punctuated by accounts from a recent victim who lost more than $100,000 after his mobile phone number was hijacked.
Crooks who hack online merchants to steal payment card data are constantly coming up with crafty ways to hide their malicious code on Web sites. In Internet ages past, this often meant obfuscating it as giant blobs of gibberish text that is obvious even to the untrained eye. These days, a compromised e-commerce site is more likely to be seeded with a tiny snippet of code that invokes a hostile domain which appears harmless or that is virtually indistinguishable from the hacked site’s own domain.
Thieves are combining SMS-based phishing attacks with new “cardless” ATMs to rapidly convert phished bank account credentials into cash. Recent arrests in Ohio shed light on how this scam works.
Thieves are combining SMS-based phishing attacks with new “cardless” ATMs to rapidly convert phished bank account credentials into cash. Recent arrests in Ohio shed light on how this scam works.
A year after offering free credit monitoring to all Americans on account of its massive data breach that exposed the personal information of nearly 148 million people, Equifax now says it has chosen to extend the offer by turning to a credit monitoring service offered by a top competitor — Experian. And to do that, it will soon be sharing with Experian contact information that affected consumers gave to Equifax in order to sign up for the service.
The convicted co-author of the highly disruptive Mirai botnet malware strain has been sentenced to 2,500 hours of community service, six months home confinement, and ordered to pay $8.6 million in restitution for repeatedly using Mirai to take down Internet services at Rutgers University, his former alma mater.
The fraudsters behind the often laughable Nigerian prince email scams have long since branched out into far more serious and lucrative forms of fraud, including account takeovers, phishing, dating scams, and malware deployment. Combating such a multifarious menace can seem daunting, but in truth it calls for concerted efforts to tackle the problem from many different angles. This post examines the work of a large, private group of volunteers dedicated to doing just that.
A powerful, easy-to-use password stealing program known as Agent Tesla has been infecting computers since 2014, but recently this malware strain has seen a surge in popularity — attracting more than 6,300 customers who pay monthly fees to license the software. Although Agent Tesla includes a multitude of features designed to help it remain undetected on host computers, the malware’s apparent creator seems to have done little to hide his real-life identity.
