cyber crime News

Crime Syndicates in Southeast Asia Go Global, Defying Crackdowns

Cyber crime syndicates that run multi-billion-dollar scam operations across Southeast Asia are still expanding despite recent law enforcement crackdowns, building links from Ireland to Mexico and reaching a potentially irreversible global spillover, the United Nations warned. The transnational criminal networks …

How Accountants Provide Frontline Defense Against Cybercrime

Once considered to be simply “bean counters,” accountants now play an important role in the defence, investigation and protection against cybercrime. Modern cybercrime includes stealing personal information, hacking into systems, spreading viruses and tricking people into giving away money or …

Co-Conspirator Sentenced for Damage, Unauthorized Access to Health System

A Rutland, Massachusetts man was sentenced in federal court in Worcester to conspiring to access a computer system of his former employer – a non-profit substance use and mental health treatment provider that operates recovery centers throughout Massachusetts. Nathan Howe …

‘Spoofing Shop’ Scammer Who Helped Criminals Pose as Bankers Jailed for 13 Years

The mastermind behind a global “spoofing shop” that scammed victims out of as much as £100 million ($124 million) has been sentenced to over 13 years in a UK prison. Tejay Fletcher, 35, pleaded guilty over his role as the …

FBI Says N. Korea-Related Hacker Group Behind Crypto Firm Heist

A hacker group associated with North Korea, the Lazarus Group, also known as APT38, was responsible for the theft last June of $100 million from U.S. crypto firm Harmony’s Horizon bridge, the Federal Bureau of Investigation said on Monday. On …

U.S. Charges Suspect Linked to Notorious Ransomware Gang

A man who authorities say participated in a ransomware campaign that extracted tens of millions of dollars from victims has been charged in the United States, the Justice Department announced Thursday. Mikhail Vasiliev, a dual national of Russia and Canada, …

U.S. Imposes Sanctions on Virtual Currency Mixer Tornado Cash

The United States on Monday imposed sanctions on virtual currency mixer Tornado Cash, accusing it of helping hackers, including from North Korea, to launder proceeds from their cyber crimes. A senior Treasury Department official said Tornado Cash, one of the …

Kentucky Becomes 21st State to Adopt Model Cyber Security Law for Insurers

Kentucky has become the 21st state to adopt a data security law that will require insurers and larger agencies to beef up measures designed to help prevent cyber attacks and data breaches. Gov. Andy Beshear in April signed House Bill …

Criminal Indictments Are Major — But Not Only — Tool of U.S. Cyber Defense Agencies

The FBI and other federal agencies are increasingly looking to counter cyber threats through tools other than criminal indictments, the head of the bureau’s cyber division said in an interview with The Associated Press. Arrests and indictments of foreign cybercriminals …

Google Sues Russians for Alleged ‘Borderless’ Organized Cyber Crime Operation

Alphabet Inc.’s Google is suing two Russian nationals it claims are part of a criminal enterprise that has silently infiltrated more than a million computers and devices around the world, creating “a modern technological and borderless incarnation of organized crime.” …