Cyber Risks · Krebs on Security

Busy Signal Service Targets Cyberheist Victims

Summary: A service sold on the cyber criminal underground for $5 an hour or $40 a day ties up a target's mobile or landline with junk calls, each appearing to come from a unique number so caller ID blocking fails, and is marketed as a diversion while thieves raid bank accounts. The FBI first warned in June 2010 that rapid-fire dead air calls could signal an account being emptied, and the seller offers escrow payment and frequent-buyer discounts.

Why it matters: The FBI's 2010 advisory describes criminals masquerading as victims to drain bank and trading accounts while the verification call line is jammed, and at $5 an hour the diversion is cheap enough to rent for any heist.

Read the original at Krebs on Security ↗

Topics
Data Breaches
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