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Credit to Author: BrianKrebs| Date: Thu, 01 Feb 2024 18:41:37 +0000
Three Americans were charged this week with stealing more than $400 million in a November 2022 SIM-swapping attack. The U.S. government did not name the victim organization, but there is every indication that the money was stolen from the now-defunct cryptocurrency exchange FTX, which had just filed for bankruptcy on that same day.
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Credit to Author: BrianKrebs| Date: Tue, 30 Jan 2024 19:07:18 +0000
On Jan. 9, 2024, U.S. authorities arrested a 19-year-old Florida man charged with wire fraud, aggravated identity theft, and conspiring with others to use SIM-swapping to steal cryptocurrency. Sources close to the investigation tell KrebsOnSecurity the accused was a key member of a criminal hacking group blamed for a string of cyber intrusions at major U.S. technology companies during the summer of 2022.
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Credit to Author: BrianKrebs| Date: Wed, 10 Jan 2024 13:39:37 +0000
A California man who lost $100,000 in a 2021 SIM-swapping attack is suing the unknown holder of a cryptocurrency wallet that harbors his stolen funds. The case is thought to be the first in which a federal court has recognized… Read More »
Read MoreThe US Securities and Exchange Commission’s X account was compromised to take advantage of an expected Bitcoin ETFs announcement.
Read MoreRansomware group Scattered Spider aka Octo Tempest are masters at social engineering tactics like SIM swapping.
Read MoreOcto Tempest is believed to be a group of native English speaking cybercriminals that uses social engineering campaigns to compromise organizations…
Read MoreCategories: News Categories: Ransomware Tags: ALPHV Tags: Octo Tempest Tags: RaaS Tags: LOTL Tags: social engineering Tags: SIM swapping A group of cybercriminals known for advanced social engineering attacks has joined one of the biggest ransomware groups as an affiliate. |
The post Octo Tempest cybercriminal group is “a growing concern”—Microsoft appeared first on Malwarebytes Labs.
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Credit to Author: BrianKrebs| Date: Fri, 25 Aug 2023 18:05:10 +0000
Security consulting giant Kroll disclosed today that a SIM-swapping attack against one of its employees led to the theft of user information for multiple cryptocurrency platforms that are relying on Kroll services in their ongoing bankruptcy proceedings. And there are indications that fraudsters may already be exploiting the stolen data in phishing attacks. Cryptocurrency lender BlockFi and the now-collapsed crypto trading platform FTX each disclosed data breaches this week thanks to a recent SIM-swapping attack targeting an employee of Kroll — the company handling both firms’ bankruptcy restructuring.
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