VB Migration

Tag: pump-and-dump

  • Necurs pump-and-dump spam campaign pushes obscure cryptocurrency

    Cryptocurrencies have attracted the attention of cybercriminals for many years: as a relatively anonymous payment channel, as a target of their digital theft, and as a way to turn (temporarily) compromised systems into money-generating machines. Given the recent increases in the value of many such cryptocurrencies, it is not surprising to see them being promoted…

  • Necurs pump-and-dump spam campaign pushes obscure cryptocurrency

    Cryptocurrencies have attracted the attention of cybercriminals for many years: as a relatively anonymous payment channel, as a target of their digital theft, and as a way to turn (temporarily) compromised systems into money-generating machines. Given the recent increases in the value of many such cryptocurrencies, it is not surprising to see them being promoted…

  • Prolific spammer indicted

    Notorious spammer Alan Ralsky charged with spamming and stock fraud. Infamous prolific spammer Alan Ralsky has been indicted over his alleged involvement in an international spamming and stock fraud scheme. Charges against Ralsky, who has long topped Spamhaus ‘s Register of Known Spam Operations ( ROKSO ) list, and ten others – including Ralsky’s son-in-law…

  • The sound of spam

    Firm reports 15 million MP3 spams in October. Last month saw pump-and-dump spammers try out yet another file type for getting their message across to the gullible: MP3 audio files. As the success of pump-and-dump scams relies on victims investing in shares, getting the name of a particular company lodged in recipients’ minds is the…

  • Pump-and-dumpers move on to MP3 spam

    Audio files latest stock pushing tactic. Pump-and-dump spammers have moved on from image spam, PDF spam and Excel spreadsheet spam to try out yet another file type: MP3 audio files. In pump-and-dump scams, crooks buy up swathes of cheap ‘penny’ stocks, send out massive advertising campaigns trying to convince recipients that the company is worth…

  • Major pump-and-dump campaign floods inboxes

    Heavy stock scam barrage ups spam levels 30%. A major PDF pump-and-dump campaign has been reported, with massive numbers of mails spammed out. According to spam watchers at Sophos , the campaign has been responsible for a 30% rise in the number of spams spotted in the past 24 hours, and has significantly affected the…

  • SEC brings case against pump-and-dump spammers

    Scam spotted after spammed mail sent to SEC lawyer. Two men from Texas have been charged with a range of spam and fraud offences after a 20-month campaign using botnets to spam pump-and-dump mails aimed at pushing up the price of a range of ‘penny’ stocks. Their scam came to the attention of the US…