Justice Department Appoints First Director of National Cryptocurrency Enforcement Team

The U.S. Department of Justice DoJ earlier this week appointed Eun Young Choi to serve as the first Director of the National Cryptocurrency Enforcement Team NCET it established last year. The NCET was created to tackle the criminal misuse of cryptocurrencies and digital assets," with a focus on...

Wazawaka Goes Waka Waka

In January, KrebsOnSecurity examined clues left behind by "Wazawaka," the hacker handle chosen by a major ransomware criminal in the Russian-speaking cybercrime scene. Wazawaka has since "lost his mind" according to his erstwhile colleagues, creating a Twitter account to drop exploit code for a...

Ransomware Awareness for Holidays and Weekends

Summary Immediate Actions You Can Take Now to Protect Against Ransomware • Make an offline backup of your data. • Do not click on suspicious links. • If you use RDP, secure and monitor it. • Update your OS and software. • Use strong passwords. • Usemulti-factor authentication. The Federal Bureau ...

U.K. Hacker Jailed for Spying on Children and Downloading Indecent Images

A man from the U.K. city of Nottingham has been sentenced to more than two years in prison for illegally breaking into the phones and computers of a number of victims, including women and children, to spy on them and amass a collection of indecent images. Robert Davies, 32, is said to have...

Half-Billion Compromised Credentials Lurking on Open Cloud Server

According to the National Crime Agency’s National Cyber Crime Unit in the U.K., nearly 586 million sets of credentials had been collected in a compromised cloud storage facility, free for the taking by any cybercrime yahoo who happened to stop by. The credentials were a mixed bag in terms of...

Google Shuts Down Glupteba Botnet, Sues Operators

Google took steps to shut down the Glupteba botnet, at least for now. The botnet uses the bitcoin blockchain as a backup command-and-control mechanism, making it hard to get rid of it permanently. So Google is also suing the botnets operators. Its an interesting strategy. Lets see if its successf...

Interpol Arrests Over 1,000 Cyber Criminals From 20 Countries; Seizes $27 Million

A joint four-month operation coordinated by Interpol, the international criminal police organization, has culminated in the arrests of more than 1,000 cybercriminals and the recovery of $27 million in illicit proceeds. Codenamed "HAECHI-II," the crackdown enabled law enforcement units from across...

When renting a hitman online goes horribly wrong

You might think looking up an illegal act online, and then visiting a website claiming to be all about doing said act, would be a huge mistake. Nobody would do this, right? Right? Its too wild to contemplate. You can barely move online for warnings about tracking or tracing. Even your web browser...

Murder-for-hire, money laundering, and more: How organised criminals work online

Europol has released an extensive report into serious and organized crime, including how these groups use the internet to aid in their criminal behaviour. Europol is the European Union’s EU law enforcement agency and it assists the EU Member States in their fight against serious international cri...

U.S. Charges Ukrainian Hacker for Kaseya Attack; Seizes $6 Million from REvil Gang

The U.S. government on Monday charged a Ukrainian suspect, arrested in Poland last month, with deploying REvil ransomware to target multiple businesses and government entities in the country, including perpetrating the attack against software company Kaseya, marking the latest action to crack dow...

Wanted! US offers $10m bounty for ransomware kingpins

The US State Department is offering a massive $10 million reward if you can help bring DarkSide to justice. The U.S. Department of State announces a reward offer of up to $10,000,000 for information leading to the identification or location of any individuals who holds a key leadership position i...

The Fight against Financial Cyber Crime

By Owais Sultan The financial services industry is a lucrative target and is disproportionately affected by the rise of cyber crime. Let's discuss its prevention measures. This is a post from HackRead.com Read the original post: The Fight against Financial Cyber Crime...

The Rise of Ransomware

With most employees still working from remote locations, ransomware attacks have increased steadily since the early months of the Covid-19 pandemic. According to the FBI’s 2020 Internet Crime Report 2400+ ransomware-related incidents in 2020 resulted in a loss of about 29 million dollars. These...

Streamline Customer Screening Today. Here’s How.

By Waqas When it comes to preventing financial crime such as anti-money laundering, organizations need to make use of a customer screening process that takes human errors into account - Let's dig deeper! This is a post from HackRead.com Read the original post: Streamline Customer Screening Today...

Europol Busts Major Crime Ring, Arrests Over 100 Online Fraudsters

Law enforcement agencies in Italy and Spain have dismantled an organized crime group linked to the Italian Mafia that was involved in online fraud, money laundering, drug trafficking, and property crime, netting the gang about €10 million $11.7 million in illegal proceeds in just a year. "The...

Sextortion on the rise, warns FBI

The pandemic saw a surge in sextortion cases in 2020. Fast forward 12 months, and the numbers continue to rise significantly. This revelation came from the FBI Internet Crime Complaint Center IC3. Until 31 July 2021, it had received over 16,000 sextortion complaints, with victims losing a combine...

How Groove Gang is Shaking up the RAAS to Empower Affiliates

ARCHIVED STORY How Groove Gang is Shaking up the Ransomware-as-a-Service Market to Empower Affiliates By Max Kersten, John Fokker and Thibault Seret · September 08, 2021 Co-authored with Intel471 and McAfee Enterprise Advanced Threat Research ATR would also like to thank Coveware for its...

Hurricane-Related Scams

CISA warns users to remain on alert for malicious cyber activity targeting potential disaster victims and charitable donors following a hurricane. Fraudulent emails—often containing malicious links or attachments—are common after major natural disasters. Exercise caution in handling emails with...

Citizen's New Service Helps Paying Users Summon the Cops

The crime-tracking app is charging $20 per month to give subscribers access to their own virtual security service...

Best Practices to Thwart Business Email Compromise (BEC) Attacks

Business email compromise BEC refers to all types of email attacks that do not have payloads. Although there are numerous types, there are essentially two main mechanisms through which attackers penetrate organizations utilizing BEC techniques, spoofing and account take-over attacks. In a recent...