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:

  • Server-side attacks, C&C in public cloud services

    November 2, 2022

    This report describes several interesting incidents observed by the Kaspersky Managed Detection and Response (MDR) team. The goal of the report is to inform our customers about techniques used by attackers. Kaspersky researchers hope that learning about the attacks that took place in the wild helps you to stay up to date on the modern ...

  • Emotet botnet starts blasting malware again after 5 month break

    November 2, 2022

    The Emotet malware operation is again spamming malicious emails after almost a five-month “vacation” that saw little activity from the notorious cybercrime operation. Emotet is a malware infection distributed through phishing campaigns containing malicious Excel or Word documents. When users open these documents and enable macros, the Emotet DLL will be downloaded and loaded into memory. Once ...

  • Vodafone Italy discloses data breach after reseller hacked

    November 2, 2022

    Vodafone Italia is sending customers notices of a data breach, informing that one of its commercial partners, FourB S.p.A., who operates as a reseller of the telecommunications services in the country, has suffered a cyberattack. According to the notice, the cyberattack took place in the first week of September and resulted in the compromise of sensitive ...

  • Ransomware cost US banks $1.2 billion last year

    November 2, 2022

    Banks in the US paid out nearly $1.2 billion in 2021 as a result of ransomware attacks, a marked rise over the year before though it may simply be due to more financial institutions being asked to report incidents. The figures come from the most recent Financial Trend Analysis report on ransomware from the US ...

  • Ransomware is a global problem and getting worse, says US

    November 1, 2022

    The White House has brought together dozens of nations as well as representatives from big tech companies for a two-day summit aimed at figuring out how to tackle the global ransomware problem. “When you look at government networks, as we know — Costa Rica; Montenegro; Bank of Zambia; the city of Palermo, Italy, — this is ...

  • APT trends report Q3 2022

    November 1, 2022

    For more than five years, the Global Research and Analysis Team (GReAT) at Kaspersky has been publishing quarterly summaries of advanced persistent threat (APT) activity. These summaries are based on Kaspersky threat intelligence research; and they provide a representative snapshot of what Kaspersky researchers have published and discussed in greater detail in their private APT ...