Operation Serengeti 2.0: Trend Micro Helps Law Enforcement Fight Cybercrime in Africa

Operation Serengeti 2.0: With Trend Micro’s support, INTERPOL led a major crackdown across Africa, arresting cybercriminals, dismantling infrastructures, recovering illicit funds, and protecting tens of thousands of victims...

How Cybercriminals are Exploiting India's UPI for Money Laundering Operations

Cybercriminals are using a network of hired money mules in India using an Android-based application to orchestrate a massive money laundering scheme. The malicious application, called XHelper, is a "key tool for onboarding and managing these money mules," CloudSEK researchers Sparsh Kulshrestha,...

Authorities Shut Down ChipMixer Platform Tied to Crypto Laundering Scheme

A coalition of law enforcement agencies across Europe and the U.S. announced the takedown of ChipMixer, an unlicensed cryptocurrency mixer that began its operations in August 2017. "The ChipMixer software blocked the blockchain trail of the funds, making it attractive for cybercriminals looking t...

Authorities Shut Down ChipMixer Platform Tied to Crypto Laundering Scheme

A coalition of law enforcement agencies across Europe and the U.S. announced the takedown of ChipMixer, an unlicensed cryptocurrency mixer that began its operations in August 2017. "The ChipMixer software blocked the blockchain trail of the funds, making it attractive for cybercriminals looking t...

Bitzlato Crypto Exchange Founder Arrested for Aiding Cybercriminals

The U.S. Department of Justice DoJ on Wednesday announced the arrest of Anatoly Legkodymov aka Gandalf and Tolik, the cofounder of Hong Kong-registered cryptocurrency exchange Bitzlato, for allegedly processing $700 million in illicit funds. The 40-year-old Russian national, who was arrested in...

Bitzlato Crypto Exchange Founder Arrested for Aiding Cybercriminals

The U.S. Department of Justice DoJ on Wednesday announced the arrest of Anatoly Legkodymov aka Gandalf and Tolik, the cofounder of Hong Kong-registered cryptocurrency exchange Bitzlato, for allegedly processing $700 million in illicit funds. The 40-year-old Russian national, who was arrested in...

INTERPOL-led Operation Takes Down 'Black Axe' Cyber Crime Organization

The International Criminal Police Organization, also called the Interpol, has announced the arrests of 75 individuals as part of a coordinated global operation against an organized cyber crime syndicate called Black Axe. "'Black Axe' and other West African organized crime groups have developed...

Beware! This Android Trojan Stole Millions of Dollars from Over 10 Million Users

A newly discovered "aggressive" mobile campaign has infected north of 10 million users from over 70 countries via seemingly innocuous Android apps that subscribe the individuals to premium services costing €36 $42 per month without their knowledge. Zimperium zLabs dubbed the malicious trojan...