Security News

Quick Glossary: Financial Crime
2024-08-14 16:00

As financial technology offers advancements and innovations, it also brings along new risks for financial crimes. Recognizing terms and ideas related to financial crime can help businesses enforce...

Cyber-crime super-crew Scattered Spider falls in love with RansomHub and Qilin
2024-07-16 18:05

The Scattered Spider cybercrime group is now using RansomHub and Qilin ransomware variants in its attacks, illustrating a possible power shift among hacking groups. Scattered Spider - which hit Las Vegas casinos last year among many other victims, and is tracked as Octo Tempest by Microsoft, or the gazillion other aliases it has depending on who's doing the talking - accounts for "a significant bulk of investigations."

Organized crime and domestic violence perps are big buyers of tracking devices
2024-06-26 03:45

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Take two APIs and call me in the morning: How healthcare research can cure cyber crime
2024-05-28 08:30

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America's War on Drugs and Crime will be AI powered, says Homeland Security boss
2024-05-07 23:47

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Infosec biz boss accused of BS'ing the world about his career, anti-crime product, customers
2024-05-01 18:58

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Police Chiefs Call for Solutions to Access Encrypted Data in Serious Crime Cases
2024-04-23 10:45

European Police Chiefs said that the complementary partnership between law enforcement agencies and the technology industry is at risk due to end-to-end encryption (E2EE). They called on the...

Exposed: Chinese smartphone farms that run thousands of barebones mobes to do crime
2024-03-21 06:32

Chinese upstarts are selling smartphone motherboards - and kit to run and manage them at scale - to operators of outfits that use them to commit various scams and crimes, according to an undercover investigation by state television broadcaster China Central Television revealed late last week. The report shows what appear to be chassis filled with 20 smartphone motherboards each, wired to a monitor that displays the screens of all 20 units.

FBI: U.S. lost record $12.5 billion to online crime in 2023
2024-03-07 12:53

FBI's Internet Crime Complaint Center has released its 2023 Internet Crime Report, which recorded a 22% increase in reported losses compared to 2022, amounting to a record of $12.5 billion. The number of relevant complaints submitted to the FBI in 2023 reached 880,000, 10% higher than the previous year, with the age group topping the report being people over 60, which shows how vulnerable older adults are to cybercrime.

Crime gang targeted jobseekers across Asia, looted two million email addresses
2024-02-09 04:03

Singapore-based infosec firm Group-IB has detected a group that spent the last two months of 2023 stealing personal info from websites operated by jobs boards and retailers websites across Asia. The actors, dubbed "ResumeLooters" by Group-IB, used SQL injection and Cross-Site Scripting attacks to steal databases from the sites.