DoJ Seizes Huione Cloud Account Tied to Cyber Scam Money Laundering

The U.S. Department of Justice DoJ on Tuesday announced the seizure of a cloud computing account put to use by subsidiaries of Cambodia-based corporate conglomerate HuiOne Group, as the Treasury unveiled fresh sanctions against nine individuals and 26 entities linked to Prince Group. "These...

Business on the dark web: deals and regulatory mechanisms

Download the full version of the report PDF Hundreds of deals are struck on the dark web every day: cybercriminals buy and sell data, provide illegal services to one another, hire other individuals to work as "employees" with their groups, and so on. Large sums of money are often on the table. To...

Facebook, Instagram, TikTok and Twitter Target Resellers of Hacked Accounts

Facebook, Instagram, TikTok, and Twitter this week all took steps to crack down on users involved in trafficking hijacked user accounts across their platforms. The coordinated action seized hundreds of accounts the companies say have played a major role in facilitating the trade and often lucrati...

Unmasking xDedic's Black Market for Servers and PCs

LAS VEGAS — Black market machine trading of PC and server resources is maturing at alarming speeds. Underground networks such as xDedic have fine-tuned their compute platform to the point where they are almost indistinguishable to legitimate networks such as Amazon Web Services and Rackspace. Tho...