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E-Root Marketplace Admin Sentenced to 42 Months for Selling 350K Stolen Credentials

E-Root Marketplace Admin Sentenced to 42 Months for Selling 350K Stolen Credentials

Mar 19, 2024 Threat Intel / Cybercrime
A 31-year-old Moldovan national has been sentenced to 42 months in prison in the U.S. for operating an illicit marketplace called E-Root Marketplace that offered for sale hundreds of thousands of compromised credentials, the Department of Justice (DoJ) announced. Sandu Boris Diaconu was charged with conspiracy to commit access device and computer fraud and possession of 15 or more unauthorized access devices. He pleaded guilty on December 1, 2023. "The E-Root Marketplace operated across a widely distributed network and took steps to hide the identities of its administrators, buyers, and sellers," the DoJ  said  last week. "Buyers could search for compromised computer credentials on E-Root, such as usernames and passwords that would allow buyers to access remote computers for purposes of stealing private information or manipulating the contents of the remote computer." Prospective customers could also search for RDP and SSH credentials based on various filter c
U.S. Authorities Seize Domains Used in 'Pig butchering' Cryptocurrency Scams

U.S. Authorities Seize Domains Used in 'Pig butchering' Cryptocurrency Scams

Nov 22, 2022
The U.S. Justice Department (DoJ) on Monday  announced  the takedown of seven domain names in connection to a "pig butchering" cryptocurrency scam. The fraudulent scheme, which operated from May to August 2022, netted the actors over $10 million from five victims, the DoJ said. Pig butchering, also called Sha Zhu Pan, is a type of scam in which swindlers lure unsuspecting investors into sending their crypto assets. The criminals encounter potential victims on dating apps, social media sites, and through SMS messages. These individuals initiate fake relationships in an attempt to build trust, only to trick them into making a cryptocurrency investment on a bogus platform. But upon transferring the funds to wallet addresses supposedly provided by these domains, the digital currencies are said to have been immediately moved through an array of private wallets and swapping services to conceal the trail. "Once the money is sent to the fake investment app, the scammer van
Hands-on Review: Cynomi AI-powered vCISO Platform

Hands-on Review: Cynomi AI-powered vCISO Platform

Apr 10, 2024vCISO / Risk Assessment
The need for vCISO services is growing. SMBs and SMEs are dealing with more third-party risks, tightening regulatory demands and stringent cyber insurance requirements than ever before. However, they often lack the resources and expertise to hire an in-house security executive team. By outsourcing security and compliance leadership to a vCISO, these organizations can more easily obtain cybersecurity expertise specialized for their industry and strengthen their cybersecurity posture. MSPs and MSSPs looking to meet this growing vCISO demand are often faced with the same challenge. The demand for cybersecurity talent far exceeds the supply. This has led to a competitive market where the costs of hiring and retaining skilled professionals can be prohibitive for MSSPs/MSPs as well. The need to maintain expertise of both security and compliance further exacerbates this challenge. Cynomi, the first AI-driven vCISO platform , can help. Cynomi enables you - MSPs, MSSPs and consulting firms
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