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Fraudulent apps, botnet for hidden mining, and other cybersecurity developments

Fraudulent apps, botnet for hidden mining, and other cybersecurity developments

We have gathered the week’s most important cybersecurity news.

  • The FBI warned of criminals targeting crypto investors who stole more than $42 million through fraudulent apps.
  • Yuga Labs warned of potential upcoming cyberattacks on the NFT community.
  • The alleged creator of the Gozi malware was extradited to the United States.

The FBI reports on fraudulent apps targeting crypto investors

The Federal Bureau of Investigation (FBI) warned about activity by cybercriminals creating fraudulent apps for cryptocurrency investments.

According to the agency, the criminals convinced victims to install apps under their control, which were used to steal funds. The FBI identified more than 240 victims and estimated losses at $42.7 million.

Often, fraudsters posed as representatives of well-known companies.

Between October 4, 2021 and May 13, 2022, the cybercriminals operated in the name of YiBit, convincing victims to download a fake app and deposit cryptocurrency. Victims subsequently received letters demanding to “pay taxes” on their investments to withdraw funds. In this way, they obtained about $5.5 million from victims.

The FBI advised investors:

Experts describe the spread of a botnet aimed at covert mining

SentinelOne, the cybersecurity company, identified a botnet distributed by the 8220 gang and used for covert mining.

Hackers compromised around 30,000 hosts worldwide due to vulnerabilities in Linux and cloud applications.

The alleged creator of the Gozi malware extradited to the United States

The suspect in distributing the Gozi trojan, Mihai Ionut Paunescu, was extradited to the United States, The Register reports.

U.S. authorities say he is one of the creators of the malware that infected more than a million computers worldwide, resulting in victims suffering losses “tens of millions of dollars”.

According to U.S. law enforcement, Paunescu also provided infrastructure for various hacking operations.

Yuga Labs warns of an impending attack on the NFT community

The team behind the NFT collection Bored Ape Yacht Club says it has identified a “persistent threat group” targeting the NFT community.

The project team believes a coordinated attack targeting multiple communities via compromised social media accounts may soon occur.

Mandiant names two hacker groups attacking Ukraine

Experts from Mandiant described two hacker groups attacking Ukrainian organizations.

The UNC2589 hackers conduct phishing campaigns, sending emails carrying malware. The topics of the emails can vary; at times attackers distribute them from compromised mailboxes.

The UNC1151 group is also actively attacking Ukrainian organizations. Mandiant researchers link the hackers to Belarus.

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