Dozens of people have been arrested, and millions of dollars in cryptocurrency seized, in a large-scale, multi-national operation against internet scammers and fraudsters.
On May 18, the US Department of Justice, the FBI, Secret Service, law enforcement agencies in the UK, Australia, Canada, New Zealand, and Thailand, as well as multiple commercial businesses such as Meta, Coinbase and Starlink, participated in the takedown of a scam network in Southeast Asia.
Read more…
Source: TechRadar News
Sign up for the Cyber Security Review Newsletter
The latest cyber security news and insights delivered right to your inbox
Related:
- Global Cyber Attacks to Double from 2020 to 2024
October 1, 2024
On the first day of Cybersecurity Awareness Month in the U.S., research has revealed that the number of significant global cyber attacks in 2024 will be double that of 2020. A new report from insurer QBE, Connected Business: digital dependency fuelling risk, predicts that organisations will be hit by 211 disruptive and destructive cyber attacks this ...
- UK unmasks LockBit ransomware affiliate as high-ranking hacker in Russia state-backed cybercrime gang
October 1, 2024
The U.K.’s National Crime Agency has linked a long-standing affiliate of the LockBit ransomware group to the notorious Russia-backed Evil Corp, a cybercrime gang with links to the Russian government. The NCA said on Tuesday that it had unmasked the LockBit affiliate, known as “Beverley,” as Russian national Aleksandr Ryzhenkov, who British authorities believe to be ...
- China: Rast ransomware gang aiming at domestic government and enterprises
September 29, 2024
From December 2023 to the present, QiAnXin Threat Intelligence Center observed that a ransomware written in rust language is very active on the Chinese Internet, and a large number of machines in China have been ransomed, with up to more than 20 victimized units only in the terminals of government and enterprises, which the researchers call ...
- Iranian Cyber Actors Targeting Personal Accounts to Support Operations
September 27, 2024
The Federal Bureau of Investigation (FBI), U.S. Cyber Command – Cyber National Mission Force (CNMF), the Department of the Treasury (Treasury), and the United Kingdom’s National Cyber Security Centre (NCSC) are disseminating this joint Cybersecurity Advisory (CSA) to highlight continued malicious cyber activity by cyber actors working on behalf of the Iranian Government’s Islamic Revolutionary ...
- Ransomware attacks increasingly target Vietnam’s financial sector
September 26, 2024
At a recent conference on digital finance, Le Van Tuan, Director of the Department of Information Security under the Ministry of Information and Communications, said finance is a sector with a high ranking in digital transformation, but at the same time, the risk of information security is always lurking with the sector. According to statistics from ...
- Storm-0501: Ransomware attacks expanding to hybrid cloud environments
September 26, 2024
Microsoft has observed the threat actor tracked as Storm-0501 launching a multi-staged attack where they compromised hybrid cloud environments and performed lateral movement from on-premises to cloud environment, leading to data exfiltration, credential theft, tampering, persistent backdoor access, and ransomware deployment. The said attack targeted multiple sectors in the United States, including government, manufacturing, transportation, and ...

