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 world in 2021: who, how and why
May 12, 2021
As the world marks the second Anti-Ransomware Day, there’s no way to deny it: ransomware has become the buzzword in the security community. And not without good reason. The threat may have been around a long time, but it’s changed. Year after year, the attackers have grown bolder, methodologies have been refined and, of course, ...
- New ransomware: CISA warns over FiveHands file-encrypting malware variant
May 12, 2021
The US Cybersecurity & Infrastructure Security Agency (CISA) has warned organizations to be cautious of a relatively new ransomware variant called FiveHands. FiveHands ransomware has been around since January 2021, but CISA said it was “aware of a recent, successful cyberattack against an organization” using this strain of file-encrypting malware. Read more… Source: ZDNet
- INTERPOL launches initiative to fight cybercrime in Africa
May 12, 2021
SINGAPORE – INTERPOL is creating a new cybercrime operations desk with UK funding to boost the capacity of 49 African countries to fight cybercrime. The Africa desk will help shape a regional strategy to drive intelligence-led coordinated actions against cybercriminals and support joint operations. Cybercrime is one of the most prolific forms of international crime, with damages ...
- New Android malware targeting banks in Italy, Spain, Germany, Belgium, and the Netherlands
May 11, 2021
A new Android trojan has been identified by security researchers, who said on Monday that once it is successfully installed in the victim’s device, those behind it can obtain a live stream of the device screen and also interact with it via its Accessibility Services. The malware, dubbed “Teabot” by security researchers with Cleafy, has been ...
- UK’s Computer Misuse Act to be reviewed, says Home Secretary as she condemns ransomware payoffs
May 11, 2021
Priti Patel has promised a government review of the UK’s 30-year-old Computer Misuse Act “this year” as well as condemning companies that buy off ransomware criminals. The Home Secretary pledged the legal review in a speech at the CyberUK conference this afternoon, organised by the National Cyber Security Centre (NCSC). “As part of ensuring that we have ...
- Industrial Cybersecurity: Guidelines for Protecting Critical Infrastructure
May 11, 2021
Over the weekend, the Alpharetta, GA based Colonial Pipeline was hit by an extensive ransomware attack that shut down its information technology (IT) and industrial operational technology (OT) systems. Simply put, an all-too-common ransomware event targeting IT systems encouraged a voluntary shutdown on the production side (OT) of the business to prevent further exposure. Colonial ...