84 Arrested as Russian Ransomware Laundering Networks Disrupted

Operation Destabilise was a major international operation led by the UK's National Crime Agency NCA to dismantle two Russian-speaking criminal networks: Smart and TGR. These networks were backbone in laundering billions of dollars for various criminal activities...

Meta Finally Breaks Its Silence on Pig Butchering

The company gave details for the first time on its approach to combating organized criminal networks behind the devastating scams...

Global Crime Hit as Europol Shuts Down Encrypted Chat App Ghost

Europol, alongside global law enforcement, dismantled the encrypted chat app Ghost, widely used by criminal networks for drug…...

Investment fraud a serious money maker for criminals

Europols’s spotlight report ‘Online fraud schemes: a web of deceit’, looks into online fraud schemes—a major crime threat in the EU and beyond—and one of the reports primary themes is investment fraud. But first I want to share some more remarkable conclusions from the report: Charity scams that...

U.S. Military Members Catfished and Hooked for Thousands of Dollars

A sextortion ring that aimed “catfish” efforts at U.S. military service members has been uncovered. The scam bilked 442 service members from the Army, Navy, Air Force and Marine Corps out of more than $560,000. An 11-month investigation, dubbed “Operation Surprise Party” and carried out by the...

Biggest Identity Theft Bust Ever Nets 111 In New York

Authorities in New York have arrested more than 100 people accused of participating in an identity theft scam that generated $13 million in illicit profits fore crime gains in Europe, Asia, Africa and the Middle East, according to a statement from the District Attorney for Queens County. The...

ZDNet Security Blogger Goes Missing in Bulgaria

A prominent blogger and security researcher, Dancho Danchev, has gone missing and security publications, including Threatpost.com, are asking for help in locating him. Danchev, who contributed regular posts to ZDNet’s Zero Day blog, part of CBS Interactive, has been missing since late October...

Cyber Criminal Underground: The Comics Edition

The criminal underworld is an insular community shrouded in secrecy. That’s helped lend an air of mystique to cyber crime. See also: Bruce Willis in “Die Hard 4: Live Free or Die Hard.”. But it turns out that, like so much else, real life cyber crime is… well… pretty dull. How dull? Comic artist...