Online Scam | Breaking Cybersecurity News | The Hacker News

Cryptocurrency analysts have shed light on an online marketplace called HuiOne Guarantee that's widely used by cybercriminals in Southeast Asia, particularly those linked to pig butchering scams. "Merchants on the platform offer technology, data, and money laundering services, and have engaged in transactions totaling at least $11 billion," Elliptic said in a report shared with The Hacker News. The British blockchain analytics firm said that the marketplace is part of HuiOne Group, a Cambodian conglomerate with links to Cambodia's ruling Hun family and that another HuiOne business, HuiOne International Payments, is actively involved in laundering scam proceeds globally. According to its website , HuiOne's financial services arm is said to have 500,000 registered users. It also touts Alipay, Huawei, PayGo Wallet, UnionPay, and Yes Seatel as its customers. Southeast Asian countries like Burma, Cambodia, Laos, Malaysia, Myanmar, and the Philippines have become

The threat actor known as Patchwork likely used romance scam lures to trap victims in Pakistan and India, and infect their Android devices with a remote access trojan called  VajraSpy . Slovak cybersecurity firm ESET said it uncovered 12 espionage apps, six of which were available for download from the official Google Play Store and were collectively downloaded more than 1,400 times between April 2021 and March 2023. "VajraSpy has a range of espionage functionalities that can be expanded based on the permissions granted to the app bundled with its code," security researcher Lukáš Štefanko  said . "It steals contacts, files, call logs, and SMS messages, but some of its implementations can even extract WhatsApp and Signal messages, record phone calls, and take pictures with the camera." As many as 148 devices in Pakistan and India are estimated to have been compromised in the wild. The malicious apps distributed via Google Play and elsewhere primarily masqueraded

As a vCISO, you are responsible for your client's cybersecurity strategy and risk governance. This incorporates multiple disciplines, from research to execution to reporting. Recently, we published a comprehensive playbook for vCISOs, "Your First 100 Days as a vCISO – 5 Steps to Success" , which covers all the phases entailed in launching a successful vCISO engagement, along with recommended actions to take, and step-by-step examples.  Following the success of the playbook and the requests that have come in from the MSP/MSSP community, we decided to drill down into specific parts of vCISO reporting and provide more color and examples. In this article, we focus on how to create compelling narratives within a report, which has a significant impact on the overall MSP/MSSP value proposition.  This article brings the highlights of a recent guided workshop we held, covering what makes a successful report and how it can be used to enhance engagement with your cyber security clients.

Four U.S. nationals have been charged for participating in an illicit scheme that earned them more than $80 million via cryptocurrency investment scams. The defendants – Lu Zhang, 36, of Alhambra, California; Justin Walker, 31, of Cypress, California; Joseph Wong, 32, Rosemead, California; and Hailong Zhu, 40, Naperville, Illinois – have been charged with conspiracy to commit money laundering, concealment money laundering, and international money laundering. The U.S. Department of Justice (DoJ), which announced the arrests of both Zhang and Walker in connection with the fraudulent operation, said the quartet opened shell companies and bank accounts to carry out  pig butchering scams , transferring the ill-gotten funds to domestic and international financial entities. If convicted, Zhang and Walker face a maximum penalty of 20 years in prison. Their alleged co-conspirators remain at large. "The overall fraud scheme in the related pig-butchering syndicate involved at least 284

Ukraine's biggest telecom operator Kyivstar has  become  the victim of a " powerful hacker attack ," disrupting customer access to mobile and internet services. "The cyberattack on Ukraine's #Kyivstar telecoms operator has impacted all regions of the country with high impact to the capital, metrics show, with knock-on impacts reported to air raid alert network and banking sector as work continues to restore connectivity," NetBlocks  said  in a series of posts on X (formerly Twitter). Kyivstar, which is owned by Dutch-domiciled multinational telecommunication services company VEON,  serves  nearly 25 million mobile subscribers and more than 1 million home internet customers. The company said the attack was "a result of" the war with Russia and that it has notified law enforcement and special state services. While Kyivstar is working to restore the services, the internet watchdog noted that the telco is largely offline. That said, Kyivstar has yet t

More details have emerged about a malicious Telegram bot called  Telekopye  that's used by threat actors to pull off large-scale phishing scams. "Telekopye can craft phishing websites, emails, SMS messages, and more," ESET security researcher Radek Jizba  said  in a new analysis. The  threat actors behind the operation  – codenamed Neanderthals – are known to run the criminal enterprise as a legitimate company, spawning a hierarchical structure that encompasses different members who take on various roles. Once aspiring Neanderthals are recruited via advertisements on underground forums, they are invited to join designated Telegram channels that are used for communicating with other Neanderthals and keeping track of transaction logs. The ultimate goal of the operation is to pull off one of the three types of scams: seller, buyer, or refund. In the case of the former, Neanderthals pose as sellers and try to lure unwary Mammoths into purchasing a non-existent item. Bu

Spanish law enforcement officials have  announced  the arrest of 34 members of a criminal group that carried out various online scams, netting the gang about €3 million ($3.2 million) in illegal profits. Authorities conducted searches across 16 locations Madrid, Malaga, Huelva, Alicante, and Murcia, seizing two simulated firearms, a katana sword, a baseball bat, €80,000 in cash, four high-end vehicles, and computer and electronic material worth thousands of euros. The operation also uncovered a database with cross-referenced information on four million people that was collated after infiltrating databases belonging to financial and credit institutions. The scams, which were conducted via email, SMS, and phone calls, entailed the threat actors masquerading as banks and electricity supply companies to defraud victims, in some cases even perpetrating  "son in distress" calls  and manipulating delivery notes from technology firms. In one instance, the miscreants reportedly

A Vietnamese threat actor has been attributed as behind a "malverposting" campaign on social media platforms to infect over 500,000 devices worldwide over the past three months to deliver variants of information stealers such as  S1deload Stealer  and  SYS01stealer . Malverposting refers to the use of promoted social media posts on services like Facebook and Twitter to mass propagate malicious software and other security threats. The idea is to reach a broader audience by paying for ads to "amplify" their posts. According to  Guardio Labs , such attacks commence with the adversary creating new business profiles and hijacking already popular accounts to serve ads that claim to offer free adult-rated photo album downloads. Within these ZIP archive files are purported images that are actually executable files, which, when clicked, activate the infection chain and ultimately deploy the stealer malware to siphon session cookies, account data, and other information.