serisec

Category: SecAlliance

  • Google Sues to Disrupt Chinese SMS Phishing Triad

    Google Sues to Disrupt Chinese SMS Phishing Triad Google is suing more than two dozen unnamed individuals allegedly involved in peddling a popular China-based mobile phishing service that helps scammers impersonate hundreds of trusted brands, blast out text message lures, and convert phished payment card data into mobile wallets from Apple and Google. In a…

  • Mobile Phishers Target Brokerage Accounts in ‘Ramp and Dump’ Cashout Scheme

    Mobile Phishers Target Brokerage Accounts in ‘Ramp and Dump’ Cashout Scheme Cybercriminal groups peddling sophisticated phishing kits that convert stolen card data into mobile wallets have recently shifted their focus to targeting customers of brokerage services, new research shows. Undeterred by security controls at these trading platforms that block users from wiring funds directly out…

  • 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…

  • Arrests in Tap-to-Pay Scheme Powered by Phishing

    Arrests in Tap-to-Pay Scheme Powered by Phishing Authorities in at least two U.S. states last week independently announced arrests of Chinese nationals accused of perpetrating a novel form of tap-to-pay fraud using mobile devices. Details released by authorities so far indicate the mobile wallets being used by the scammers were created through online phishing scams,…

  • How Phished Data Turns into Apple & Google Wallets

    How Phished Data Turns into Apple & Google Wallets Carding — the underground business of stealing, selling and swiping stolen payment card data — has long been the dominion of Russia-based hackers. Happily, the broad deployment of more secure chip-based payment cards in the United States has weakened the carding market. But a flurry of…

  • Chinese Innovations Spawn Wave of Toll Phishing Via SMS

    Chinese Innovations Spawn Wave of Toll Phishing Via SMS Residents across the United States are being inundated with text messages purporting to come from toll road operators like E-ZPass, warning that recipients face fines if a delinquent toll fee remains unpaid. Researchers say the surge in SMS spam coincides with new features added to a…