Meta, Starlink and Microsoft team up with the FBI to delete over 1.4 million accounts and seize millions in cryptocurrency related to huge scam networks targeting Americans


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:

  • Duvel forced to shut breweries after cyber attack

    March 9, 2024

    Belgian brewer Duvel has insisted it will have enough beer to keep supply flowing after it was hit by a cyber attack that brought production to a standstill. The company, one of the best-known Belgian beer brands, was hit by a suspected ransomware attack on Tuesday night that shut down five of its production facilities, four ...

  • FBI Report Reveals Americans Lost Staggering $3.94 Billion to Crypto Investment Scams in 2023

    March 9, 2024

    The surge in cryptocurrency scams in 2023, as reported by the FBI, underscores the growing prevalence of digital currency in online crime. With losses reaching $3.94 billion, a 53% increase from the previous year, these scams represent a significant portion of overall investment frauds, which amounted to $4.57 billion. Cryptocurrency scams encompass a range of deceptive ...

  • Magnet Goblin Targets Publicly Facing Servers Using 1-Day Vulnerabilities

    March 8, 2024

    On January 10, 2024, Ivanti published a security advisory regarding two vulnerabilities in Ivanti Connect Secure VPN. These vulnerabilities, which were exploited in the wild, are identified as CVE-2023-46805 and CVE-2023-21887. The exploitation of these vulnerabilities was quickly adopted by a number of threat actors, resulting in a broad range of malicious activities. Check Point Research ...

  • Belgium’s largest coffee roaster falls victim to cyber attack

    March 8, 2024

    Coffee Beyers from the Belgian town of Puurs-Sint-Amands has fallen victim to a cyber attack. Hackers managed to break into the company’s computer systems on Thursday. Cybercriminals are clearly targeting Belgian beverage producers this week. During the night from Tuesday to Wednesday, brewery Duvel Moortgat found traces of a break-in on its servers. Read more… Source: Techzine  

  • PetSmart warns customers of credential stuffing attack

    March 7, 2024

    Pet retail company PetSmart has emailed customers to alert them to a recent credential stuffing attack. Credential stuffing relies on the re-use of passwords. Take this example: User of Site A uses the same email and password to login to Site B. Site A gets compromised and those login details are exposed. People with access to ...

  • Insurance giant Fidelity hit by data breach

    March 6, 2024

    Sensitive information belonging to tens of thousands of Fidelity Investments Life Insurance customers was stolen, reportedly thanks to a supply chain attack that happened in 2023. The insurance giant has filed a data breach notification with the Maine attorney general’s office in which it stated that 28,268 of its customers had their private data leaked after ...