Europol Raids Disrupt Black Axe Cybercrime Ring in Spain

Authorities caught 34 members of the notorious Black Axe gang in Spain known for stealing millions of Euros through online romance scams and email fraud...

Phishers Target Aviation Execs to Scam Customers

KrebsOnSecurity recently heard from a reader whose boss's email account got phished and was used to trick one of the company's customers into sending a large payment to scammers. An investigation into the attacker's infrastructure points to a long-running Nigerian cybercrime ring that is actively...

Spanish Police Takes Down Massive Cybercrime Ring, 40 Arrested

The National Police of Spain said it arrested 40 individuals for their alleged involvement in an organized crime gang called Trinitarians. Among those apprehended include two hackers who carried out bank scams through phishing and smishing techniques and 15 other members of the crime syndicate, w...

Italian mafia cybercrime sting leads to 100+ arrests

The Spanish National Police Policía Nacional has successfully dismantled an organized crime ring of hundreds of members in a sting operation supported by Europol, the Italian National Police Polizia di Stato, and Eurojust. This is the end result of a year-long investigation. The organized crime...

Clop Gang Partners Laundered $500 Million in Ransomware Payments

The cybercrime ring that was apprehended last week in connection with Clop aka Cl0p ransomware attacks against dozens of companies in the last few months helped launder money totaling $500 million for several malicious actors through a plethora of illegal activities. "The group — also known as...

Romanian Duo Receives Jailtime For Infecting 400,000 With Malware

A Romanian duo has been sentenced to jailtime for infecting 400,000 computers with malware that stole credentials and financial information, and scammed victims out of millions of dollars. The two Romanian hackers, Bogdan Nicolescu, 37, and Radu Miclaus, 37, were sentenced to 20 years and 18 year...

Eight Arrested in Tyupkin ATM Hacking Takedown

European authorities dismantled a cybercrime ring last week responsible for a series of ATM attacks that ultimately led to substantial financial losses across Europe. Authorities apprehended eight Romanian and Moldovan nationals in connection with the ring following a series of house searches in...