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:

  • Ransomware ‘catastrophe’ at Fidelity National Financial causes panic with homeowners and buyers

    November 27, 2023

    Last Tuesday, Fidelity National Financial, or FNF, a real estate services company that bills itself as the “leading provider of title insurance and escrow services, and North America’s largest title insurance company,” announced that it had experienced a cyberattack. Since then, homeowners who have mortgages and prospective buyers who are purchasing properties with FNF or one ...

  • Gulf Air hit with data breach, customer data possibly affected

    November 27, 2023

    Gulf Air, the national air carrier for the Kingdom of Bahrain, has confirmed suffering a data breach which most likely resulted in hackers stealing sensitive customer information. The company confirmed the news via a press release shared with local media highlighting a “data breach incident” on November 24, possibly resulting in the compromise of “some information ...

  • New Jersey: Montclair, Westwood Hospitals Divert Ambulances After Cyber Attack

    November 27, 2023

    Two hospitals in North Jersey are diverting ambulances from their emergency rooms after a cyber attack, authorities confirmed Monday. The attack impacted the computer systems at Mountainside Medical Center in Montclair, and Pascack Valley Medical Center in Westwood. Read more… Source: MSN News  

  • The Dark Side of AI: Large-Scale Scam Campaigns Made Possible by Generative AI

    November 27, 2023

    Generative artificial intelligence technologies such as OpenAI’s ChatGPT and DALL-E have created a great deal of disruption across much of our digital lives. Creating credible text, images and even audio, these AI tools can be used for both good and ill. That includes their application in the cybersecurity space. Read more… Source: Sophos  

  • Thousands of house purchases frozen by cyber attack

    November 25, 2023

    Thousands of home moves have been thrown into limbo following a cyber attack on an IT company used by property conveyancers. An outage at CTS has hit around 80 law firms, halting a series of property exchanges and completions across the country since Wednesday. Rob Hailstone, chief executive of Bold Legal Group, which runs a forum ...

  • New ransomware-as-a-service caters to cybercriminals with commercial expansion

    November 23, 2023

    New evidence suggests that the popular Play ransomware is now being rented out to cybercriminals. Known as ransomware-as-a-service (RaaS), cybercriminals can pay to use the malware itself alongside the infrastructure needed to pull off an attack.This is a relatively new phenomenon and can provide a steady stream of revenue for malicious cyber gangs. Read more… Source: MSN News