Hackers steal millions of dollars by spoofing thousands of mobile devices

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Once the attack is complete, the attackers stop the operation, erase the traces, and prepare for the next attack.

A group of cybercriminals used mobile emulators to simulate thousands of mobile devices, allowing them to steal millions of dollars in a matter of days.

According to experts from IBM Security Trusteer, as part of a mobile banking scam targeting financial institutions in Europe and the United States, criminals used about 20 emulators to simulate more than 16 thousand mobile devices and access hacked accounts. Mobile device IDs were used to mimic the phones of the account holders, but in some cases attackers set new IDs to make it appear as if the user was accessing the account from a new device. They also used credentials stolen from infected systems or through phishing attacks.

The attackers allegedly automated the valuation of accounts and the initiation of fraudulent money transactions, and tried to transfer small amounts so that their actions did not entail further verification by the bank.

“Once an attack has been carried out, attackers terminate the operation, erase their traces and prepare for the next attack,” the researchers explain.

Criminals could attack any financial application, even those that use codes sent in SMS messages or e-mail to confirm transactions.

The attackers also created specialized applications that mimic legitimate versions of targets and analyzed how programs react to connections from their fake devices.

“It is likely that behind this operation is an organized group with access to qualified technical developers of malware for mobile devices and experts in the field of fraud and money laundering. Such characteristics are typical for such criminals as TrickBot operators or the Evil Corp group, ”the experts noted.

 

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HACKERS NETWORK??:
My brothers, don't wait for anyone to make you rich.

At least if you take this tut I'm teaching seriously, you can buy yourself a car, a house and not even what to eat ,I'm saying because, one bank transfer can turn your life the other way round.

Let me tell you how I got here, it's just something brief.

I was ripped off like 6 times just because I was eager to succeed.

And God being so grateful I Met someone who told me to pay before he teaches me with all that have already gone trough I never gave up I still pay him and that's where it began.

2021 is already here.
Make money for yourself and leave excuses.
Start bringing in your deals both new and pending deals I’m ready to guide you through till you cash out ?

 

[ackerman692]

HACKERS NETWORK??:
My brothers, don't wait for anyone to make you rich.

At least if you take this tut I'm teaching seriously, you can buy yourself a car, a house and not even what to eat ,I'm saying because, one bank transfer can turn your life the other way round.

Let me tell you how I got here, it's just something brief.

I was ripped off like 6 times just because I was eager to succeed.

And God being so grateful I Met someone who told me to pay before he teaches me with all that have already gone trough I never gave up I still pay him and that's where it began.

2021 is already here.
Make money for yourself and leave excuses.
Start bringing in your deals both new and pending deals I’m ready to guide you through till you cash out ?

Hello dear,
Hope you are well.
If possible to work with you,please let me know.
badly needed some money to survive.
thanks

 

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How much do top hackers earn from rewards for finding vulnerabilities​

Can you get rich by reporting bugs in software? For some, finding vulnerabilities on websites and apps is a bit like solving a crossword puzzle, while for others, it's a major source of income.

Paying hackers to find flaws in software or services is becoming an increasingly common practice; these "bug bounty" programs allow hackers to get paid for detecting problems, while organizations benefit from the opportunity to improve their security by paying several thousand dollars for each bug.

HackerOne, which runs similar bug bounty programs for organizations including the U.S. Department of defense and Google, has released new data on the number of vulnerabilities found by hackers who signed up for its projects and how much they were paid. To date, more than 181,000 vulnerabilities have been registered, and hackers who signed up for its service have been paid more than $ 100 million (in Marth, 2021).

The company said that over the past year, hackers around the world have been awarded more than $ 44.75 million in rewards, an 86% increase from last year. The vast majority of them are awarded by organizations in the United States.

Some bugs can bring a decent reward: HackerOne reported that the average reward for critical vulnerabilities increased to $ 3,650, which is eight percent more than last year, while the average amount paid for a vulnerability is $ 979. Critical vulnerabilities account for about 8% of all reports, while high-risk reports account for 21%.

HackerOne said that "hacking remains a constant and stable source of income" for some registered hackers. Almost nine out of ten people are under the age of 35, and one in five said hacking is their only source of income.

Bug Bounty Millionaires
Nine separate hackers have accumulated a combined $ 1 million in revenue through HackerOne in less than a decade, showing that bug hunting can pay off well. And more than 200 hackers made more than $ 100,000, and 9,000 hackers made "at least something." Of the hackers who discovered at least one vulnerability, half earned $ 1,000 or more.

But even if many don't make a lot of money from bug hunting, the skills they learn can be useful for their careers; four out of five said they would use the skills and experience gained during hacking to find a job.

The global coronavirus outbreak appears to have led to a surge in attacks on organizations, but it has also caused an increase in hackers seeking to help find and fix security flaws. HackerOne reported that the number of new hacker registrations increased by 59% in the months after the pandemic began, and the number of bug reports increased by 28% - possibly because many people were forced to stay at home, giving them more time to search for bugs.

But finding bugs for money can get harder and harder. As organizations patch more vulnerabilities, the average reward increases, which is good for hunters. However, remaining vulnerabilities also become harder to identify, which requires additional skills and effort to detect.