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In late 2021, LabHost (AKA LabRat) emerged as a new PhaaS platform, growing over time to eventually offer dozens of phishing pages targeting banks, high-profile organizations, and other service providers located around the world, but most notably in Canada, the Read More …
Police have taken down a gang accused of using a technology service that helped criminals use fraudulent text messages to steal from victims. They have arrested 37 people worldwide and are contacting victims. Officers say younger people who grew up Read More …
Today, Visa released the Spring 2024 Edition of its Biannual Threats Report, which outlines the top payment threats impacting consumers and businesses around the world. The report points to increasingly organized, sophisticated threat actors targeting the most vulnerable point in Read More …
“You must follow my directions very carefully. We do not have much time.” These are some of the words scammers used to influence and ultimately defraud Charlotte Cowles, a financial columnist at New York Magazine, in an elaborate imposter scam Read More …
Russian banks manage to refund less than 10% of the money cyber scammers steal from citizens’ accounts, head of the Bank of Russia, Elvira Nabiullina, said at the Cybersecurity in Finance forum. “Of course, we see that the share of Read More …
Every tenth Russian respondent experienced cybercrime, with losses not exceeding 20,000 rubles (around $220), according to the published results of a survey conducted by the Bank of Russia in 2023. “Last year, there were more people who faced cybercriminals, with Read More …
Private sector firms have been involved in discovering and selling exploits for many years, but there is a rise in turnkey espionage solutions. Commercial Surveillance Vendors (CSVs) offer pay-to-play tools that bundle an exploit chain designed to get past security Read More …
A former Chelsea striker played a possible minor role in a global investment crime gang, according to prosecutors investigating a cyber scam worth “billions”. Rati Aleksidze was temporarily held under a European arrest warrant in March. German prosecutors told Telegraph Sport Read More …
LYON, FRANCE – A transcontinental police operation against online financial crime has concluded with almost 3,500 arrests and seizures of USD 300 million (approx. EUR 273 million) worth of assets across 34 countries. The six-month Operation HAECHI IV (July-December 2023) Read More …
Europol’s spotlight report on online fraud highlights that online fraud schemes represent a major crime threat in the EU and beyond as online fraudsters generate multiple billions in illicit profits every year to the detriment of individuals, companies and public Read More …
