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Risk

FBI Arrests Alleged Owner of Deer.io, a Top Broker of Stolen Accounts — Krebs on Security

“FBI officials last week arrested a Russian computer security researcher on suspicion of operating deer.io, a vast marketplace for buying and selling stolen account credentials for thousands of popular online services and stores. Kirill V. Firsov was arrested Mar. 7 after arriving at New York’s John F. Kennedy Airport, according to court documents unsealed Monday. Prosecutors with […]
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Reports

LexisNexis Risk Solutions Report Highlights Size, Scale and Monetary Exposure of Global Cybercrime Networks| LexisNexis Risk Solutions

“This global, networked pattern of cybercrime is further reflected in mobile attack rate growth, which is heavily influenced by a global bot attack targeting mobile app registrations. Fraudsters are migrating attacks to exploit the mobile channel: Of the 19 billion transactions recorded by the LexisNexis® Digital Identity Network® in this six month period, for the […]
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Risk

Coronavirus Widens the Money Mule Pool — Krebs on Security

“With many people being laid off or working from home thanks to the Coronavirus pandemic, cybercrooks are almost certain to have more than their usual share of recruitable “money mules” — people who get roped into money laundering schemes under the pretense of a work-at-home job offer. Here’s the story of one upstart mule factory that spoofs […]
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Risk

Hackers hit NutriBullet website with credit card-stealing malware

“Magecart hackers have struck again, this time targeting the NutriBullet website. According to new research by security firm RiskIQ, hackers broke into the blender maker’s website several times over the past two months, injected malicious credit card-skimming malware on its payment pages and siphoned off the credit card numbers and other personal data — like […]
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Risk

Russians Shut Down Huge Card Fraud Ring — Krebs on Security

“Federal investigators in Russia have charged at least 25 people accused of operating a sprawling international credit card theft ring. Cybersecurity experts say the raid included the charging of a major carding kingpin thought to be tied to dozens of carding shops and to some of the bigger data breaches targeting western retailers over the […]
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Risk

Here’s Who Else PayPal, Venmo, Cash App Are Sharing Your Data With

“The apps are all free, but some can come at a great cost. What most people don’t realize is that when they pay their friends with them, in many instances they’re giving up valuable information about themselves that gets shared with a host of data companies, a process that happens in the background without the […]
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Risk

Security Breach Disrupts Fintech Firm Finastra — Krebs on Security

“Finastra, a company that provides a range of technology solutions to banks worldwide, said it was shutting down key systems in response to a security breach discovered Friday morning. The company’s public statement and notice to customers does not mention the cause of the outage, but their response so far is straight out of the […]

On The Wires

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Risk

ACI Worldwide Launches Advanced Machine Learning Capability to Dramatically Reduce Payment Fraud for Banks and Merchants and Their Customers

“ACI has filed a patent application for its ‘Incremental Learning’ technology, which is being implemented in machine learning models within ACI’s fraud prevention solutions, including Proactive Risk Manager , which delivers enterprise fraud management capabilities for financial institutions and intermediaries; and ACI ReD Shield , which underpins ACI’s secure eCommerce and merchant fraud management capabilities.”