serisec

Category: PayPal

  • Oregon Man Charged in ‘Rapper Bot’ DDoS Service

    Oregon Man Charged in ‘Rapper Bot’ DDoS Service A 22-year-old Oregon man has been arrested on suspicion of operating “Rapper Bot,” a massive botnet used to power a service for launching distributed denial-of-service (DDoS) attacks against targets — including a March 2025 DDoS that knocked Twitter/X offline. The Justice Department asserts the suspect and an…

  • Big Tech’s Mixed Response to U.S. Treasury Sanctions

    Big Tech’s Mixed Response to U.S. Treasury Sanctions In May 2025, the U.S. government sanctioned a Chinese national for operating a cloud provider linked to the majority of virtual currency investment scam websites reported to the FBI. But a new report finds the accused continues to operate a slew of established accounts at American tech…

  • Oops: DanaBot Malware Devs Infected Their Own PCs

    Oops: DanaBot Malware Devs Infected Their Own PCs The U.S. government today unsealed criminal charges against 16 individuals accused of operating and selling DanaBot, a prolific strain of information-stealing malware that has been sold on Russian cybercrime forums since 2018. The FBI says a newer version of DanaBot was used for espionage, and that many…

  • China-based SMS Phishing Triad Pivots to Banks

    China-based SMS Phishing Triad Pivots to Banks China-based purveyors of SMS phishing kits are enjoying remarkable success converting phished payment card data into mobile wallets from Apple and Google. Until recently, the so-called “Smishing Triad” mainly impersonated toll road operators and shipping companies. But experts say these groups are now directly targeting customers of international…

  • Smashing Security podcast #399: Honey in hot water, and reset your devices

    Smashing Security podcast #399: Honey in hot water, and reset your devices Ever wonder how those “free” browser extensions that promise to save you money actually work? We dive deep into the controversial world of Honey, the coupon-finding tool owned by PayPal, and uncover a scheme that might be leaving you with less savings and…