Alleged SIM Swapper Arrested in California

Credit to Author: BrianKrebs| Date: Wed, 22 Aug 2018 16:58:17 +0000

Authorities in Santa Clara, Calif. have arrested and charged a 19-year-old area man on suspicion hijacking mobile phone numbers as part of a scheme to steal large sums of bitcoin and other cryptocurrencies. The arrest is the third known law enforcement action this month targeting “SIM swappers,” individuals who specialize in stealing wireless phone numbers and hijacking online financial and social media accounts tied to those numbers.

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Hanging Up on Mobile in the Name of Security

Credit to Author: BrianKrebs| Date: Thu, 16 Aug 2018 17:01:36 +0000

An entrepreneur and virtual currency investor is suing AT&T for $224 million, claiming the wireless provider was negligent when it failed to prevent thieves from hijacking his mobile account and stealing millions of dollars in cryptocurrencies. Increasingly frequent, high-profile attacks like these are prompting some experts to say the surest way to safeguard one’s online accounts may be to disconnect them from the mobile providers entirely.

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FBI Warns of ‘Unlimited’ ATM Cashout Blitz

Credit to Author: BrianKrebs| Date: Mon, 13 Aug 2018 00:28:11 +0000

The Federal Bureau of Investigation (FBI) is warning banks that cybercriminals are preparing to carry out a highly choreographed, global fraud scheme known as an “ATM cash-out,” in which crooks hack a bank or payment card processor and use cloned cards at cash machines around the world to fraudulently withdraw millions of dollars in just a few hours.

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Florida Man Arrested in SIM Swap Conspiracy

Credit to Author: BrianKrebs| Date: Tue, 07 Aug 2018 19:27:23 +0000

Police in Florida have arrested a 25-year-old man accused of being part of a multi-state cyber fraud ring that hijacked mobile phone numbers in online attacks that siphoned hundreds of thousands of dollars worth of bitcoin and other cryptocurrencies from victims. On July 18, 2018, Pasco County authorities arrested Ricky Joseph Handschumacher, an employee of the city of Port Richey, Fla, charging him with grand theft and money laundering. Investigators allege Handschumacher was part of a group of at least nine individuals scattered across multiple states who for the past two years have drained bank accounts via an increasingly common scheme involving mobile phone “SIM swaps.”

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‘LuminosityLink RAT’ Author Pleads Guilty

Credit to Author: BrianKrebs| Date: Mon, 16 Jul 2018 19:09:51 +0000

A 21-year-old Kentucky man has pleaded guilty to authoring and distributing a popular hacking tool called “LuminosityLink,” a malware strain that security experts say was used by thousands of customers to gain unauthorized access to tens of thousands of computers across 78 countries worldwide.

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Will the Real Joker’s Stash Come Forward?

Credit to Author: BrianKrebs| Date: Tue, 29 May 2018 16:33:34 +0000

For as long as scam artists have been around so too have opportunistic thieves who specialize in ripping off other scam artists. This is the story about a group of Pakistani Web site designers who apparently have made an impressive living impersonating some of the most popular and well known “carding” markets, or online stores that sell stolen credit cards.

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3 Charged In Fatal Kansas ‘Swatting’ Attack

Credit to Author: BrianKrebs| Date: Thu, 24 May 2018 17:45:52 +0000

Federal prosecutors have charged three men with carrying out a deadly hoax known as “swatting,” in which perpetrators call or message a target’s local 911 operators claiming a fake hostage situation or a bomb threat in progress at the target’s address — with the expectation that local police may respond to the scene with deadly force. While only one of the three men is accused of making the phony call to police that got an innocent man shot and killed, investigators say the other two men’s efforts to taunt and deceive one another ultimately helped point the gun.

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DDoS-for-Hire Service Webstresser Dismantled

Credit to Author: BrianKrebs| Date: Wed, 25 Apr 2018 17:41:37 +0000

Authorities in the U.S., U.K. and the Netherlands on Tuesday took down popular online attack-for-hire service WebStresser.org and arrested its alleged administrators. Investigators say that prior to the takedown, the service had more than 136,000 registered users and was responsible for launching somewhere between four and six million attacks over the past three years.

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