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.”

Read more

The state of malicious cryptomining

Credit to Author: Jérôme Segura| Date: Mon, 26 Feb 2018 16:08:03 +0000

From malware coin miners to drive-by mining, we review the state of malicious cryptomining in the past few months by looking at the most notable incidents and our own telemetry stats.

Categories:

Tags:

(Read more…)

The post The state of malicious cryptomining appeared first on Malwarebytes Labs.

Read more

Website Glitch Let Me Overstock My Coinbase

Credit to Author: BrianKrebs| Date: Tue, 09 Jan 2018 18:48:04 +0000

Overstock.com (NASDAQ:OSTK) just fixed a serious glitch in the Coinbase bitcoin payment section of its site that allowed customers to buy any item at a tiny fraction of the listed price. Potentially more punishing, the flaw let anyone paying with bitcoin reap many times the authorized bitcoin refund amount on any canceled orders.

Read more