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:

  • T-Mobile data breach exposed phone numbers, call records

    December 30, 2020

    T-Mobile has announced a data breach exposing customers’ proprietary network information (CPNI), including phone numbers and call records. Starting yesterday, T-Mobile began texting customers that a “security incident” exposed their account’s information. According to T-Mobile, its security team recently discovered “malicious, unauthorized access” to their systems. After bringing in a cybersecurity firm to perform an investigation, T-Mobile ...

  • Phishing Technique Uses Legitimate-looking Domains to Avoid Detection

    December 28, 2020

    Email threats continued to increase in the time of the pandemic, and the number of phishing URLs rose along with it. Our 2020 mid-year observation on phishing and email threats continue to be true as we close out the year. During our recent tracking efforts, we observed a phishing technique that involves a combination of phishing ...

  • Ransomware: Attacks could be about to get even more dangerous and disruptive

    December 23, 2020

    Ransomware is one of the biggest threats facing businesses. An organisation that falls victim to a ransomware attack – which sees cyber criminals use malware to encrypt the network, rendering it inoperable – will quickly find itself unable to do business at all. Cyber criminals lock down networks like this for one simple reason: it’s the ...

  • PSA: Active Chase phishing scam pretends to be fraud alerts

    December 23, 2020

    A large scale phishing scam is underway that pretends to be a security notice from Chase stating that fraudulent activity has been detected and caused the recipient’s account to be blocked. Today, numerous people have told BleepingComputer that they received the same fake Chase “Security Notice” scam attempting to steal their banking credentials. One recipient said ...

  • Emotet Returns to Hit 100K Mailboxes Per Day

    December 23, 2020

    After a lull of nearly two months, the Emotet botnet has returned with updated payloads and a campaign that is hitting 100,000 targets per day. Emotet started life as a banking trojan in 2014 and has continually evolved to become a full-service threat-delivery mechanism. It can install a collection of malware on victim machines, including information ...

  • Card-Not-Present Fraud: 4 Security Considerations for Point of Sale Businesses

    December 23, 2020

    As the retail world’s center of gravity shifts to the cloud, payment card fraud has followed suit. According to Verizon’s retail vulnerabilities study, attacks against e-commerce applications are by far the leading cause of retail data breaches. This trend mirrors similar outcomes in other industries, like food service. A complimentary Verizon study finds remote attacks ...