Ronnie Tokazowski – Network Securitas

October 25, 2018

How Do You Fight a $12B Fraud Problem? One Scammer at a Time

This post was originally published on this siteThe 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, and 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. According to the most recent statistics from the FBI‘s Internet Crime Complaint Center, the most costly form of cybercrime stems from […]

June 30, 2021

We Infiltrated a Counterfeit Check Ring! Now What?

This post was originally published on this siteImagine waking up each morning knowing the identities of thousands of people who are about to be mugged for thousands of dollars each. You know exactly when and where each of those muggings will take place, and you’ve shared this information in advance with the authorities each day for a year with no outward indication that they are doing anything about it. How frustrated would you be? A counterfeit check image [redacted] that was intended for a person helping this fraud gang print and mail phony checks tied to a raft of email-based […]

November 22, 2021

Arrest in ‘Ransom Your Employer’ Email Scheme

This post was originally published on this siteIn 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 to save up money to help fund a new social network. Image: Abnormal Security. The brazen approach targeting disgruntled employees was first spotted by threat intelligence firm Abnormal Security, which described what happened after they adopted a fake […]