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Scam artists from Ukraine are using a new tactic to drag Russians into subversive activities, the Russian interior ministry said on Tuesday. “Anonymous callers tell people that con-artists are attempting to steal or have already stolen their money but it Read More …
Forget the cliché of a solitary figure in a hoodie hunched over a keyboard in a dark room crunching lines of codes. It is an image that no longer accurately reflects today’s cybercrime landscape, where criminals operate as business-like syndicates Read More …
New technologies, such as artificial intelligence (AI) and machine learning (ML), are typically developed to boost productivity, increase efficiency, and make our lives easier. Unfortunately, cybercriminals have also found ways to exploit them for ill gain. Recently, malicious actors have Read More …
Today Microsoft released the fourth edition of Cyber Signals highlighting a surge in cybercriminal activity around business email compromise (BEC). Microsoft has observed a 38 percent increase in cybercrime as a service (CaaS) targeting business email between 2019 and 2022. Read More …
The man responsible for running a multimillion-pound fraud website, used by scammers to trick people into handing over their bank details, has been jailed. Tejay Fletcher, 35, pleaded guilty to running iSpoof, a website that allowed criminals and fraudsters to Read More …
On 11 May, coordinated raids were carried out in Serbia and the Netherlands, targeting both the cartel’s leadership and distribution infrastructure. Seven other members of this criminal organisation were already arrested in Belgium in 2021. Two individuals were previously arrested Read More …
The National Police of Spain have arrested two hackers, 15 members of a criminal organization, and another 23 people involved in illegal financial operations in Madrid and Seville for alleged bank scams. The cybercrime operation is an email and SMS-based Read More …
The FBI warns of criminal actors posing as Chinese law enforcement officials or prosecutors in financial fraud schemes targeting the US-based Chinese community. Criminals tell victims they are suspects in financial crimes and threaten them with arrest or violence if Read More …
U.S. Attorney Gregory J. Haanstad for the Eastern District of Wisconsin joined the Attorney General and other Justice Department officials in announcing a coordinated international operation that resulted in the dismantlement of Genesis Market, a criminal marketplace accessible on the Read More …
Trend Micro reearchers examine three differently sized criminal groups to know how they compare to similarly sized legitimate businesses in terms of how they are organized. Trend Micro also discuss how threat researchers can use their knowledge of the size Read More …
