Australia Alerts That Criminals Are Exploiting National Cybercrime Platform to Empty Crypto Wallets
Simply put Fraudsters are taking advantage of Australia’s cybercrime reporting system to impersonate federal police and steal cryptocurrency from individuals. The scheme involves using stolen personal information to file fake reports on ReportCyber and contacting victims while posing as Australian Federal Police employees. This caution is issued as the country tightens regulations on cryptocurrency-related fraud. […]
Panic withdrawals affect Cambodia’s Prince Bank as owner Chen Zhi is accused of leading a Southeast Asian cybercrime network.
Public Response to Prince Bank’s Withdrawal Crisis A significant crowd assembled outside the main branch of Prince Bank in Phnom Penh early Saturday to withdraw their funds, while some branches halted trading due to liquidity issues, as reported. Frustration amongst the public escalated when access to Prince Bank’s website and mobile app became unavailable. The […]
Initial case of ‘vibe hacking’ highlights the advancement of AI in cybercrime and emerging dangers
AI-Powered Cyberattacks: A New Era of Threats Recently, a remarkable AI-driven cyberattack has emerged, showcasing the capability of hackers to leverage advanced technologies in their operations. Anthropic, the company behind the AI chatbot Claude, reported that at least 17 organizations fell victim to such attacks. This situation marks a significant milestone as it represents the […]
Nigeria Sends Back 50 Chinese Citizens Alleged to be Involved in Cybercrime
On August 15th, Nigeria’s Economic and Financial Crimes Commission (EFCC) initiated a campaign against cybercriminals. As of Thursday, the agency reported that it has deported 102 individuals, including 50 from China. Among the suspects, there were also individuals from Tunisia. In December 2024, nearly 800 arrests were made in Lagos in connection with a major […]
U.S. Justice Department charges Russian individual who headed international cybercrime group
Charges Against Russian Cybercriminal for Global Malware Operation Federal prosecutors have reported that Russian citizens are facing charges for supposedly leading a cybercriminal enterprise that has affected millions worldwide over the last decade. This operation is said to have pilfered substantial sums from unsuspecting victims. Rustam Rafailevich Gallyamov, a 48-year-old from Moscow, was indicted on […]
UK underestimates threat of cyber-attacks from hostile states and gangs, says security chief | Cybercrime
Britain is underestimating the seriousness of the online threats it faces from hostile states and criminal organizations, the country's cybersecurity chief has warned. Richard Horne, director of the GCHQ National Cyber Security Center, cited a threefold increase in “serious” incidents amid Russia's “aggression and recklessness” and China's “highly sophisticated” digital operations. do. In his first […]
‘Don Corleone of cybercrime’ scammed thousands of Europeans: report
A notorious hacker known as the “Don Corleone of cybercrime,” who was arrested nearly a decade ago for the infamous break-ins at JPMorgan Chase and other Wall Street firms, is reportedly cooperating with the federal government to carry out a new fraud. Geri Sharon, a 40-year-old Israeli national, is suspected of targeting thousands of Europeans […]
Dmitry Khoroshev named as alleged leader of ransomware gang LockBit | Cybercrime
The alleged leader of Rockbit, once the world’s largest ransomware organization, has been named as Russian national Dmitry Khoroshev by the UK’s National Crime Agency (NCA) following the seizure of the criminal organization’s infrastructure. Holoshev, who lived his online life under the name LockBitSupp, authorized Reported by the UK, US and Australia as a result […]
Foreign states targeting sensitive research at UK universities, MI5 warns | Cybercrime
MI5 has warned universities that hostile foreign powers are targeting sensitive research as ministers consider ways to strengthen protections. Vice-chancellors from 24 major educational institutions, including Oxford, Cambridge and Imperial College London, were briefed on the threat by Ken McCullum, director of the Internal Security Agency, and Felicity Oswald, director of the National Cyber Security […]
Students turning to cyberfraud as huge phishing site infiltrated, police reveal | Cybercrime
Police have revealed that university students are turning to cyber fraud to increase their income, and have hacked into a huge phishing site on the dark web that scammed tens of thousands of people. The site, called LabHost, has been active since 2021 and is a cyber-fraud superstore that allows users to create authentic-looking websites […]