How cybercriminals steal one-time passcodes for SIM swap attacks and raiding bank accounts

The incoming phone call flashes on a victim’s phone. It may only last a few seconds, but can end with the victim handing over codes that give cybercriminals the ability to hijack their online accounts or drain their crypto and Read More …

Octo Tempest crosses boundaries to facilitate extortion, encryption, and destruction

Microsoft has been tracking activity related to the financially motivated threat actor Octo Tempest, whose evolving campaigns represent a growing concern for organizations across multiple industries. Octo Tempest leverages broad social engineering campaigns to compromise organizations across the globe with Read More …

UNC3944 Leverages SMS Phishing Campaigns for SIM Swapping, Ransomware, Extortion, and Notoriety

UNC3944 is a financially motivated threat cluster that has persistently used phone-based social engineering and SMS phishing campaigns (smishing) to obtain credentials to gain and escalate access to victim organizations. At least some UNC3944 threat actors appear to operate in Read More …

FBI: Criminals Increasing SIM Swap Schemes to Steal Millions of Dollars from US Public

The Federal Bureau of Investigation is issuing this announcement to inform mobile carriers and the public of the increasing use of Subscriber Identity Module (SIM) swapping by criminals to steal money from fiat and virtual currency accounts. From January 2018 Read More …

Europol: 106 arrested in a sting against online fraudsters

The Spanish National Police (Policía Nacional), supported by the Italian National Police (Polizia di Stato), Europol and Eurojust, dismantled an organised crime group linked to the Italian Mafia involved in online fraud, money laundering, drug trafficking and property crime. The Read More …