CryptosLabs Scam Ring Targets French-Speaking Investors, Rakes in €480 Million

Cybersecurity researchers have exposed the workings of a scam ring called CryptosLabs that's estimated to have made €480 million in illegal profits by targeting users in French-speaking individuals in France, Belgium, and Luxembourg since April 2018. The syndicate's massive fake investment scheme...

Is There Really Such a Thing as a Low-Paid Ransomware Operator?

ARCHIVED STORY Is There Really Such a Thing as a Low-Paid Ransomware Operator? By Thibault Seret · October 18, 2021 Introduction Going by recent headlines you could be forgiven for thinking all ransomware operators are raking in millions of ill-gotten dollars each year from their nefarious...

Two Hackers Charged with Hacking SEC System in Stock-Trading Scheme

The U.S. authorities have charged two Ukrainian hackers for hacking into the Securities and Exchange Commission's EDGAR filing system and stealing sensitive market-moving reports of companies before their public release. EDGAR, or Electronic Data Gathering, Analysis, and Retrieval, is an online...

MegaUpload founder Kim Dotcom released on bail

MegaUpload founder Kim Dotcom released on bail Kim Dotcom, the millionaire founder of the file-sharing website Megaupload, was released on bail Wednesday after a judge said he didn't appear to have enough money to flee. Authorities in the U.S. allege founder Kim Dotcom facilitated millions of...