Canada Charges Its “Most Prolific Cybercriminal”

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 identif...

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Who Is the Network Access Broker ‘Babam’?

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...

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Ubiquiti Developer Charged With Extortion, Causing 2020 “Breach”

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 pro...

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The Internet is Held Together With Spit & Baling Wire

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 Fo...

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Arrest in ‘Ransom Your Employer’ Email Scheme

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 sche...

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The ‘Zelle Fraud’ Scam: How it Works, How to Fight Back

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...

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Tech CEO Pleads to Wire Fraud in IP Address Scheme

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 ...

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Hoax Email Blast Abused Poor Coding in FBI Website

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...

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SMS About Bank Fraud as a Pretext for Voice Phishing

Most of us have probably heard the term “smishing” — which is a portmanteau for traditional phishing scams sent through SMS text messages. Smishing messages usually include a link to a site that spoofs a popular bank and tries to siphon personal information. But increasingly, phishers are turning to...

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Microsoft Patch Tuesday, November 2021 Edition

Microsoft Corp. today released updates to quash at least 55 security bugs in its Windows operating systems and other software. Two of the patches address vulnerabilities that are already being used in active attacks online, and four of the flaws were disclosed publicly before today — potentially giv...

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REvil Ransom Arrest, $6M Seizure, and $10M Reward

The U.S. Department of Justice today announced the arrest of Ukrainian man accused of deploying ransomware on behalf of the REvil ransomware gang, a Russian-speaking cybercriminal collective that has extorted hundreds of millions from victim organizations. The DOJ also said it had seized $6.1 millio...

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‘Tis the Season for the Wayward Package Phish

The holiday shopping season always means big business for phishers, who tend to find increased success this time of year with a lure about a wayward package that needs redelivery. Here’s a look at a fairly elaborate SMS-based phishing scam that spoofs FedEx in a bid to extract personal and financial...

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The ‘Groove’ Ransomware Gang Was a Hoax

A number of publications in September warned about the emergence of “Groove,” a new ransomware group that called on competing extortion gangs to unite in attacking U.S. government interests online. It now appears that Groove was all a big hoax designed to toy with security firms and journalists. “An...

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‘Trojan Source’ Bug Threatens the Security of All Code

Virtually all compilers — programs that transform human-readable source code into computer-executable machine code — are vulnerable to an insidious attack in which an adversary can introduce targeted vulnerabilities into any software without being detected, new research released today warns. The vul...

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Zales.com Leaked Customer Data, Just Like Sister Firms Jared, Kay Jewelers Did in 2018

In December 2018, bling vendor Signet Jewelers fixed a weakness in their Kay Jewelers and Jared websites that exposed the order information for all of their online customers. This week, Signet subsidiary Zales.com updated its website to remediate a nearly identical customer data exposure. Last week,...

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FBI Raids Chinese Point-of-Sale Giant PAX Technology

U.S. federal investigators today raided the Florida offices of PAX Technology, a Chinese provider of point-of-sale devices used by millions of businesses and retailers globally. KrebsOnSecurity has learned the raid is tied to reports that PAX’s systems may have been involved in cyberattacks on U.S. ...

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Conti Ransom Gang Starts Selling Access to Victims

The Conti ransomware affiliate program appears to have altered its business plan recently. Organizations infected with Conti’s malware who refuse to negotiate a ransom payment are added to Conti’s victim shaming blog, where confidential files stolen from victims may be published or sold. But sometim...

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Missouri Governor Vows to Prosecute St. Louis Post-Dispatch for Reporting Security Vulnerability

On Wednesday, the St. Louis Post-Dispatch ran a story about how its staff discovered and reported a security vulnerability in a Missouri state education website that exposed the Social Security numbers of 100,000 elementary and secondary teachers. In a press conference this morning, Missouri Gov. Mi...

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How Coinbase Phishers Steal One-Time Passwords

A recent phishing campaign targeting Coinbase users shows thieves are getting cleverer about phishing one-time passwords (OTPs) needed to complete the login process. It also shows that phishers are attempting to sign up for new Coinbase accounts by the millions as part of an effort to identify email...

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Patch Tuesday, October 2021 Edition

Microsoft today issued updates to plug more than 70 security holes in its Windows operating systems and other software, including one vulnerability that is already being exploited. This month’s Patch Tuesday also includes security fixes for the newly released Windows 11 operating system. Separately,...

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