Marco A. De Felice of SuspectFile (aka @amvinfe) reports that BankCard USA (BUSA) recently paid the Black Basta ransomware group $50,000 ransom. But if BUSA hoped to keep the breach and payment out of the public eye, they should sit down before they read SuspectFile’s reporting, because it is going to make them sad. BankCard…
Category: Financial Sector
Police arrest suspect linked to notorius OPERA1ER cybercrime gang
Sergiu Gatlan reports: Law enforcement has detained a suspect believed to be a key member of the OPERA1ER cybercrime group, which has targeted mobile banking services and financial institutions in malware, phishing, and Business Email Compromise (BEC) campaigns. The gang, also known as NX$M$, DESKTOP Group, and Common Raven, is suspected of having stolen between…
16-year-old youth among 13 arrested for alleged involvement in banking-related malware scams in Singapore
The Straits Times/ANN reports: Thirteen people, including a 16-year-old youth, were arrested for their suspected involvement in the recent spate of banking-related malware scam cases. Preliminary investigations showed that 10 of the 13 suspects, aged between 16 and 27, had allegedly facilitated the scam cases by sharing their bank accounts, Internet banking credentials and/or disclosing…
Banks, Institutions Pay Over N200m Fines for Exposing Privacy Rights of Nigerians
Victor Enengedi reports: A total sum exceeding N200 million has been collected by the Federal Government from at least seven banks and various other institutions. The Federal Government collected these payments from these financial institutions as a consequence of their infringement upon the data privacy rights of Nigerian citizens. Read more at Legit. (If I’m…
Russian Nationals Charged With Hacking One Cryptocurrency Exchange and Illicitly Operating Another
The Justice Department unsealed charges related to the 2011 hack of the cryptocurrency exchange Mt. Gox and the operation of the illicit cryptocurrency exchange BTC-e. According to court documents, Alexey Bilyuchenko, 43, and Aleksandr Verner, 29, both Russian nationals, are charged with conspiring to launder approximately 647,000 bitcoins from their hack of Mt. Gox. Bilyuchenko…
Jm: Mayberry clients urged to act fast after cyberattack by PLAY gang
Neville Graham reports: With no indication of the extent of a data breach and cyberattack at investment firm Mayberry, the company yesterday urged clients to take immediate steps to protect themselves “against any possible adverse consequences”. In its second notice to its clients since Friday night, Mayberry yesterday asked them to actively monitor all accounts…