Cybercrime
Cybercriminals capitalize on LA wildfire chaos via fake GoFundMe’s and crypto coins
Cybercriminals are using various tactics to scam unsuspecting victims and good Samaritans out of their money and sensitive information during the devastation following the Los Angeles wildfires.
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Arrested development: top hacker busts of 2024
While it’s true that every year is scarred by major hacking events, 2024 has given many reasons for law enforcement to celebrate.
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Crypto thieves target victims by spreading malware via recruiting messages
Criminals have started using a new method to spread crypto-stealing malware by pretending to be recruiters from popular companies.
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US gives NetWalker ransomware operator $14M bill and 20 years behind bars
The US Department of Justice on Friday handed down a 20-year prison sentence to a Romanian national charged with helping to carry out hundreds of NetWalker ransomware attacks.
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North Korean hackers steal $1.34B in crypto in 2024
North Korean hackers are suspected to be behind more than half of the $2.2 billion stolen from cryptocurrency platforms this year.
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Europol seizes €27M in cryptocurrencies from drug traffickers
Europol has announced that it took down underground bankers suspected of moving and laundering the proceeds of large-scale drug trafficking.
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Hacker behind Racoon Infostealer sentenced to 5 years in federal prison
An operator of the Racoon Infostealer malware, who previously faked his own death, was sentenced to 60 months in federal prison for one count of conspiracy to commit computer intrusion.
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Authorities arrest 800 crypto romance scammers in Nigeria targeting Americans, Europeans
Nearly 800 fraudsters, allegedly responsible for working a sophisticated romance scam targeting mostly Americans and Europeans on Instagram and WhatsApp, have been busted by Nigeria’s Economic and Financial Crimes Commission (EFCC).
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First man in the US sent to prison for hiding bitcoin profit
For the first time, a man in the US has been sentenced to prison for cryptocurrency tax evasion.
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Cybercrime platform selling PII busted by law enforcement, admins face 40+ years behind bars
Law enforcement agencies have shut down Rydox, an illegal platform known for selling personal information.
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Another pastor charged with crypto fraud after setting up marketing scheme worth $5.9M
The year 2024 began and now ends with news that a pastor has been caught in a fraudulent crypto scheme.
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Crypto scammers target victims via fake Telegram groups
A sophisticated new method to scam crypto users has been discovered on Telegram.
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European police shut down major stolen data marketplace
European police authorities have dismantled a criminal network running an online marketplace described as a "central hub" for trading stolen data.
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Cyber bandits rely on AI to bypass biometric security measures in financial institutions
Biometric security was once heralded as a foolproof solution for any business. Now, bad actors can easily bypass these measures using deepfake technology.
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Founder of collapsed crypto giant Celsius admits to manipulations and fraud
Alex Mashinsky, the 59-year-old founder of the failed multibillion-dollar crypto lender Celsius Network, has pleaded guilty to two counts of fraud.
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“It’s inevitable,” says authorities after dismantling criminal-made “Matrix” platform
European authorities have dismantled Matrix, an encrypted messaging platform made by criminals for criminals.
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South Korean firm caught exporting satellite receivers with DDoS capabilities
A South Korean company has allegedly exported 240,000 satellite receivers with Distributed Denial-of-Service (DDoS) attack capabilities to an overseas client.
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Cyber drug empire mogul to spend life behind bars
Stanislav Moiseev, a darknet platform runner, has received a life sentence in a Russian prison for setting up the Hydra platform.
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