Tag: underground economy
6 articles
Carders Seek 'Clean' Residential Proxies to Evade Fraud Controls
Criminals are on the hunt for so-called "clean" residential proxies, a new classification that's emerged in the underground world of payment fraud and carding. These proxies are prized for their spotless usage history, making them harder to detect and allowing scammers to evade fraud controls.
Algerian Man Charged with Running Cybercrime Marketplaces
Meet the Algerian man behind a daring cybercrime scheme that swindled hundreds of thousands of dollars from thousands of victims - all from the safety of his anonymous online hideout. He allegedly ran two illicit marketplaces, selling stolen bank account and credit card numbers, phishing kits, and other tools of financial fraud.
Threat Actors Monetize Stolen Credentials with Searchable Underground Services
Cybercriminals are cashing in on stolen credentials with a new breed of underground services that allow buyers to search and purchase specific, verified login details. This emerging market acts as a middleman between hackers who steal sensitive info and those who want to use it to take over accounts.
Hackers Exploit Gaps in Vulnerability Programs with Simplified Playbook
Meet Hercules, the mastermind behind a notorious underground tutorial that spills the beans on how to turn vulnerability exploitation into cold, hard cash. With a refreshingly blunt approach, Hercules breaks down the process into simple, actionable steps that even novice attackers can follow.
Crypto Drainers Evolve Into Sophisticated Service Platforms
Meet the modern Drainer-as-a-Service model, where affiliates supply victims through phishing links and fake websites, while the service handles the technical heavy lifting, including signatures, approvals, and token transfers, with operators taking a 20% commission from successful scams. This sophisticated platform is a far cry from ad-hoc phishing, with a business model that's both lucrative and alarmingly efficient.
Police Disrupt Relaunched German-Language Cybercrime Forum
In a major breakthrough, international authorities have shut down a notorious German-language cybercrime forum that had attracted over 22,000 users and 100 vendors peddling stolen data, drugs, and forged documents. A 35-year-old German national was arrested in Mallorca and faces charges for allegedly masterminding the illicit platform.