Law enforcement shuts down Manson Market cybercrime marketplace

Europol has supported the dismantling of a sophisticated criminal network responsible for facilitating large-scale online fraud. In an operation led by the Hanover Police Department (Polizeidirektion Hannover) and the Verden Public Prosecutor’s Office … Continue reading Law enforcement shuts down Manson Market cybercrime marketplace

Exclusive: Feds are probing 764, The Com’s use of cybercriminal tactics to carry out violent crimes

Documents reviewed by CyberScoop show that law enforcement is tracking these violent criminal groups’ use of malicious cyber tools to cause harm to children.

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$400M seized, 5,500 arrested in global operation targeting cyber fraud

A coordinated international operation involving law enforcement agencies from 40 countries led to the arrest of over 5,500 individuals linked to financial crimes and the confiscation of more than $400 million in virtual assets and government-backed cur… Continue reading $400M seized, 5,500 arrested in global operation targeting cyber fraud

AI-based tools designed for criminal activity are in high demand

Multiple regional conflicts, such as Russia’s continued invasion of Ukraine and the Israel-Hamas conflict, have resulted in a surge in cyberattacks and hacktivist activities, according to Trellix. AI-driven ransomware boosts cybercrime tactics The rese… Continue reading AI-based tools designed for criminal activity are in high demand

VPN vulnerabilities, weak credentials fuel ransomware attacks

Attackers leveraging virtual private network (VPN) vulnerabilities and weak passwords for initial access contributed to nearly 30% of ransomware attacks, according to Corvus Insurance. According to the Q3 report, many of these incidents were traced to … Continue reading VPN vulnerabilities, weak credentials fuel ransomware attacks

Crypto companies are losing ground to deepfake attacks

The crypto sector stands out as the only surveyed industry where deepfake fraud surpasses traditional document fraud in prevalence, according to Regula. Crypto companies suffer significant losses from fraud The study finds that 57% of crypto companies … Continue reading Crypto companies are losing ground to deepfake attacks

Appeals court tosses sanctions on Tornado Cash crypto mixer

The mixer was sanctioned after a North Korea hacking group used the software to launder more than $455 million.

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