AUSTRALIA - A South Australian woman narrowly avoided a complete financial disaster after falling victim to a sophisticated business email compromise (BEC) scam that led to the loss of over $800,000. Authorities have since managed to recover a significant portion of the stolen funds, shedding light on the growing threat of cyber fraud in real estate transactions. The victim, who had been in the process of purchasing a property, received what appeared to be a legitimate … [Read more...]
FBI Shutdown Prolific Ransomware Group “Radar/Dispossessor,” Domains Seized
WASHINGTON, D.C. - The FBI has announced they have shut down a prolific ransomware group known as “Radar/Dispossessor” and seized multiple internet domains and servers utilized by the cyber threat actors, reportedly headed up by an individual known by the code-name “Brain.” As part of the FBI’s enforcement actions, they have dismantled a plethora of servers utilized by Radar/Dispossessor to carry out their ransomware attacks, including three in the United States, … [Read more...]
Thousands of “Sitting Duck” Domain Names Highjacked by Russian Cybercriminals
PALM BEACH, FL - A critical vulnerability within the Domain Name System (DNS) has been unearthed and exploited by dozens of cybercriminals and hackers originating from Russia to take over thousands of domain names, according to cybersecurity researchers from Infoblox and Eclypsium. An estimated 30,000 legitimate domains have been hijacked by the digital thieves since 2019, experts say, utilizing a technique known as “Sitting Ducks” that exploits weak DNS services. The … [Read more...]
Phishing: Watch-out for New Dangerous Godaddy Email Phishing Attempt
NEW YORK, NY - This is just a quick reminder to remain vigilant of all sorts of threats from hackers, email-spoofers, phishers and scammers; you can never let your guard down these days when it comes to your accounts, financial information and especially your domain accounts, because loss of your domain name can be loss of your business and will likely be permanent. Just this week news broke about an Equifax hack that hit credit histories of up to 143 million … [Read more...]