money laundering

Pierluigi Paganini October 30, 2014
Voxis, the platform for automating rogue credit card charges is available in the underground

A group of cybercriminals is proposing in the underground an application for automating rogue credit card charges dubbed Voxis platform. The cyber criminal ecosystem has a new tool in its arsenal called Voxis, the Voxis Platform is a payment gateway application which can send batches of stolen card charges to multiple gateway processors automating their returns before acquiring banks […]

Pierluigi Paganini March 17, 2014
Bitcoin stealer malware disguised as application to access MtGox DB

The MtGox data leaked by the popular exchange was invented by hackers to infect a large audience with a Bitcoin stealer malware. Last month the biggest MtGox exchange filed for bankruptcy after it lost nearly 850,000 Bitcoins, it is a fraud, according an unknown hacker who breached into the personal blog and Reddit account of MtGox CEO, Mark Karpeles. As usual […]

Pierluigi Paganini March 10, 2014
Anonymous hackers hacked MtGox CEO publishing evidence of fraud

A group of anonymous hackers violated the personal blog and Reddit account of the MtGox CEO Mark Karpeles on Sunday. They claim to publish evidence of fraud. Bitcoin community was shocked by recent MtGox data breach, the Bitcoin exchange shuts down after it had announced to have suffered technical issues that forced the exchange to suspend […]

Pierluigi Paganini February 25, 2014
Largest Bitcoin exchange MtGox shut down, earthquake in the Bitcoin industry

Largest Bitcoin exchange MtGox shut down after it had announced to have suffered technical issues that forced the exchange to suspend withdrawals for a week. The world’s largest Bitcoin exchange MtGox has shut down its website, suspending any activities, the news is that to be frightening, a real earthquake that raises a series of reflections […]

Pierluigi Paganini January 24, 2014
2 million stolen from gas station ATMs with Bluetooth-enabled skimmers

A criminal organization hit gas station ATMs located in South America. The gang used Bluetooth-enabled skimmers to steal 2 million dollars from customers. Here we are again to write on another huge Credit Card theft that hit ATMs located at Gas Stations  in Texas, Georgia, and South Carolina. US prosecutors have charged 13 members of a criminal gang […]

Pierluigi Paganini October 02, 2013
Silk Road online drug marketplace sized by FBI

FBI seizes underground drug market Silk Road and identified its owner. The site was producing earning for more than $1.2 billion in business. The FBI has closed the popular black market Silk Road after many years of investigation, the website hosted in the Tor Network was seized by US law enforcement. Last year a research made by the Carnegie Mellon […]

Pierluigi Paganini September 21, 2013
Africa – Cybercrime has turned the web as a hub of evil

Africa is becoming even more an “online continent” despite its economical difficulties, in the same time there is a growing incidence of cybercrime. A report released recently about the escalating cases of cybercrime by the Symantec security company revealed that whereas the most prevalent type of attacks are mobile phone users are now becoming more vulnerable to attacks by cybercriminals followed by computer […]

Pierluigi Paganini June 01, 2013
Liberty Reserve suspension and impact on criminal underground

Private currency exchange system Liberty Reserve was shut down by US law enforcement, it is considered most popular payment system by cyber criminals. Liberty Reserve is a private currency exchange system issued by Liberty Reserve S.A. Of San José, Costa Rica that was shut down by US law enforcement with a deep impact on cybercriminal underground. The […]

Pierluigi Paganini November 19, 2012
Bitcoin … the new paradise for money laundering

    In the last decade the cybercrime had made a substantial leap forward of the main threats to the security of each government. The turnover has reached unimaginable numbers attracting ordinary crime and creating new partnerships between organized crime and cybercrime making impossible to indistinguishable them. Group of criminals are paying cybercriminals to receive […]