Cybercrime
Americans lose $21bn to cybercrime as AI fuels fraud surge
Last year, cybercrime defrauded Americans of approximately $21 billion, an increase of 26% over the previous year.
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Recognize this tattoo? German cops want to know as they hunt top criminals behind GandCrab and REvil
German police have unmasked two Russian nationals who, they claim, led the ransomware groups GandCrab and REvil and are thought to be behind the notorious Kaseya supply chain attack. The BKA has even released close-up images of the pair to track them down.
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Musk faces trial over claims he cheated Twitter shareholders out of $150m
The Securities and Exchange Commission (SEC) and X owner Elon Musk were unable to reach an agreement and are likely to go to court to settle the 2022 acquisition of Twitter.
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Cambodia passes first law targeting scam centers amid crackdown
Cambodia's parliament passed its first law targeting scam centres, with penalties ranging up to life in prison for the most serious offences.
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Florence’s Uffizi Galleries hit by cyberattack, museum denies breach claims
One of Italy’s most popular museums, Florence's Uffizi Galleries, which hosts masterpieces by Botticelli, Leonardo da Vinci, and Michelangelo, confirmed on Friday that it was hit by a cyberattack earlier this year.
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Ransomware attack on Vivaticket disrupts Louvre and major European museums
An online ticketing platform, Vivaticket, which serves thousands of organizations across 50 countries, including the Musée du Louvre and other French national cultural sites, was hit with a ransomware attack in early March, disrupting online reservations.
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Singapore charged a third person for lying to Dell to smuggle Nvidia AI chips
Singapore prosecutors charged one more person with fraud on Thursday for making false representations to US server supplier Dell Technologies, linking her to two other individuals charged with similar offences in February last year.
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AI scams don't need deepfakes. They need your grandparents’ loneliness
While deepfakes grab the headlines, the real manipulation is psychological. Patient fraudsters build rapport with victims over weeks or months, exploiting grief and preying on the very solitude that makes older adults so receptive to a kind voice online.
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Taiwan investigates 11 Chinese firms for stealing semiconductor talent
Taiwan said on Monday that 11 Chinese firms are being investigated for alleged illegal poaching of semiconductor expertise and other high‑tech talent. The move marks a heightened efforts to curb technology outflows amid rising geopolitical tensions with Beijing.
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Data breach at US insurance firm may have exposed personal data of 7,400 people
One of the largest insurance brokerage and risk management companies in the Southeastern US, Sterling Seacrest Pritchard (SSP), has confirmed an email system breach impacting thousands of people.
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Co-op boss steps down as cost of last year’s attack nears £3 million
Co-op’s CEO, Shirine Khoury-Haq, has resigned amid escalating costs from last year’s cyberattack on the UK retailer.
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Russian cybercriminal imprisoned for operating Mario Kart botnet
Ilya Angelov, a 40-year-old Russian national, has been sentenced to 24 months in prison for operating a botnet that was used to launch ransomware attacks against dozens of US businesses.
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OnlyFans model and Playboy playmate allegedly lured victims on dating apps to steal designer goods and cash
An OnlyFans model and social media influencer managed to lie and cheat her way into the homes of the Los Angeles elite, despite being known as a scam artist.
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LG Uplus puts phone numbers where they don’t belong: millions of SIMs must be replaced
South Korean telecom operator LG Uplus is preparing to replace millions of SIM cards after it emerged that it had embedded users’ actual phone numbers in the International Mobile Subscriber Identity (IMSI), which is used to authenticate subscribers.
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Meta ordered to pay $375m over child exploitation – jury finds platform unsafe
A New Mexico jury on Tuesday found that Meta Platforms violated state law. The state attorney general had accused the company of misleading users about the safety of Facebook, Instagram, and WhatsApp and of enabling child sexual exploitation on its platforms.
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YouTuber given life sentence after GTA live-stream alibi used to cover up murder was proven fake
A YouTuber who used a Grand Theft Auto (GTA) stream as an alibi has been sentenced to life in prison.
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Deepfake child abuse material now features “extreme realism,” experts warn
Child protection organizations already have a hard time eradicating child pornography. Now, AI is lowering the barrier for entry, letting anyone create explicit videos and images of children.
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Down the rabbit hole: Operation Alice dismantles 373,000 dark web sites in global sting
Law enforcement authorities from over 20 countries have participated in a global operation targeting one of the largest networks of fraudulent dark web platforms.
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Trustpilot hit with €4M Italy fine over misleading reviews and fake ratings
Italy has fined Trustpilot €4 million for misleading consumers, accusing the review giant of distorting ratings, misusing “verified” labels, and using design tricks that made its platform appear more trustworthy than it really was.
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Super Micro co-founder quits board after AI chip smuggling arrest
Yih-Shyan Liaw has left Super Micro’s board immediately after being arrested by the US Justice Department (DOJ), the company said on Friday. According to the company, his potential involvement in an AI chip-smuggling operation had nothing to do with his resignation.
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