The latest edition of the ISMG Security Report discusses global progress on adopting standard digital identifiers. Plus, a former cybercriminal discusses emerging fraud trends, and an update on the evolution of e-signatures.
European police gained access to messages sent via the encrypted cellular service EncroChat, leading to the arrest of hundreds of alleged organized crime members across the Netherlands, France, Norway, Sweden and the U.K., the EU's law enforcement intelligence agency Europol reports.
Fraudsters are using a revamped version of the Alina Trojan to target Windows-based POS devices to steal payment card data, according to Century Link's Black Lotus Labs. The malware operators are using unsecured DNS protocols to exfiltrate the data.
Could your organization withstand an attack by the master hacking operation known as "Fxmsp"? Hollywood loves to portray hackers as having ninja-like skills. But Fxmsp often favored the simplest tools for the job, because they so often worked. Defenders: Take note.
The operators behind an updated version of the FakeSpy malware are targeting Android devices using SMS phishing messages to spread the info stealer, according to Cybereason. The messages are designed to appear to come from postal and delivery services.
With the COVID-19 pandemic continuing to surge, organizations must remain vigilant in their defense against coronavirus-themed phishing, business email compromise and other fraud campaigns, says attorney Robert Egan, who offers risk mitigation insights.
Is the Fxmsp hacking operation still in business? Experts say Fxmsp earned $1.5 million in illicit profits, thanks to a botnet-based business model that enabled the group to sell remote access to hacked networks. But then it advertised source code allegedly stolen from three anti-virus vendors.
How long does it take to become a reliable, trusted seller in the cybercrime-as-a-service ecosystem? For the Fxmsp hacking collective, experts say the answer is about a year. The group built a botnet that facilitated network intrusions and data exfiltration, but it was driven off cybercrime forums.
Payment card hackers are now hiding malicious JavaScript inside an image's EXIF metadata and then sneaking the image onto e-commerce sites, according to the security firm Malwarebytes.
A Russian national charged in connection with co-creating the Infraud Organization's online cybercrime forum that sold stolen payment card data and was tied to $530 million in fraud losses has pleaded guilty.
Aleksey Burkov, who operated a site called "Cardplanet" that trafficked in stolen payment card data used to make millions of dollars in fraudulent purchases, has been sentenced to nine years in federal prison. His case also involved high-level negotiations between the U.S., Russia and Israel.
Eight U.S. cities recently had payment card data stolen via point-of-sale skimming malware on their Click2Gov online payment platforms, according to Trend Micro, which says five of those cities had already been victims of similar Magecart-style attacks in recent years.
A recently uncovered cryptomining scheme used malicious Docker images to hide cryptocurrency mining code, according to an analysis from Palo Alto Networks' Unit 42.
A man from the state of Washington has been sentenced to 13 months in federal prison for his role in developing the Satori botnet, which was used to conduct several large-scale DDoS attacks. The Justice Department also unsealed indictments naming co-conspirators.
Troy Leach of the PCI Security Standards Council discusses how the shift to card-not-present transactions during the COVID-19 pandemic has created new fraud-fighting challenges and offers an update on pending standards revisions.
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