fraud
Felons, Fraudsters Flog Offensive Cybersecurity Startup
A cybersecurity startup named IRIS C2, which claims to acquire zero-day vulnerabilities for potentially millions of dollars, is reportedly run by convicted felons Jack Burkman and Jacob Wohl. The duo has a history of operating under assumed names and engaging in fraudulent activities, including spreading misinformation and securities fraud. Despite their past, IRIS C2 is actively recruiting vulnerability researchers and claims to be developing offensive cybersecurity capabilities, though their specific government contracts remain unclear.
RedWing MaaS Packages Android Bank Fraud as a Telegram Rental Service
A new Malware-as-a-Service offering called RedWing packages Android bank fraud tools and is rented via Telegram. It provides ready-made malware capable of taking over phones and stealing banking credentials and one-time passcodes.
Two arrested over credit card phishing – as the Netherlands is named Europe’s worst for payment fraud
Two individuals were arrested over a phishing operation that harvested credit card details. The arrests come as the Netherlands is named the worst country in Europe for payment fraud.