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.
A bipartisan group of U.S. senators is calling for federal funding for cybersecurity coordinators in every state. Meanwhile, a measure introduced in the House would restore the position of cybersecurity director in the White House.
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.
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.
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 hacking group dubbed CryptoCore has stolen more than $200 million in virtual currency from several cryptocurrency exchanges over the past two years, the security firm ClearSky Cyber Security reports.
Police have confiscated $90 million from a company allegedly owned by Alexander Vinnik, who is accused of money laundering and defrauding individuals through BTC-e, a cryptocurrency exchange he controlled.
U.S. financial institutions are vulnerable to a new array of attacks from cybercriminals and nation-state hackers as a result of the COVID-19 pandemic, experts told a Congressional panel at a virtual hearing.
Vulnerabilities due to "coding errors" in a number of mobile banking applications make them all too susceptible to hacking and customer account data theft, the security firm Positive Technologies warns.