Cyber Signals: Inside the growing risk of gift card fraud
In the ever-evolving landscape of cyberthreats, staying ahead of malicious actors is a constant challenge. The latest edition of Cyber Signals dives deep into the world of Storm-0539, also known as Atlas Lion, shedding light on their sophisticated methods of gift and payment card theft.
Operation PANDORA shuts down 12 phone fraud call centres
Operation PANDORA started with a bank teller in Freiburg, Germany. When in December 2023 a customer asked to withdraw over EUR 100 000 in cash, the bank teller grew suspicious and quickly learned the customer had fallen victim to a ‘fake police officer scam’. He informed the real police, which prevented the victim from handing the money over to the...
GTA, Uber and Nvidia Hackers: Lapsus$ Teens Face Blackmail, Fraud Charges
Two UK teenagers were accused of being key members of the notorious hacking group Lapsus$, with prosecutors alleging that the pair were involved in attacks on companies including Nvidia Corp., Rockstar Games Inc., and Uber Technologies Inc.
Chinese fraudsters: evading detection and monetizing stolen credit card information
Cyber attacks are common occurrences that often make headlines, but the leakage of personal information, particularly credit card data, can have severe consequences for individuals. It is essential to understand the techniques employed by cyber criminals to steal this sensitive information. Credit card fraud in the United States has been on the rise, with total losses reaching approximately $12.16 billion in 2021, according to Insider Intelligence. Card-Not-Present (CNP) fraud constituted 72% of these losses, with a substantial portion attributed to Chinese fraudsters.
Chinese fraudsters: evading detection and monetizing stolen credit card information
Cyber attacks are common occurrences that often make headlines, but the leakage of personal information, particularly credit card data, can have severe consequences for individuals. It is essential to understand the techniques employed by cyber criminals to steal this sensitive information. Credit card fraud in the United States has been on the rise, with total losses reaching approximately $12.16 billion in 2021, according to Insider Intelligence. Card-Not-Present (CNP) fraud constituted 72% of these losses, with a substantial portion attributed to Chinese fraudsters.
