Security News
Amid an exponential increase in online fraud, an INTERPOL-coordinated operation codenamed HAECHI-I mobilized more than 40 specialized law enforcement officers across the Asia Pacific region. Officially concluding last week, Operation HAECHI-I focused particularly on five types of online financial crime: investment fraud, romance scams, money laundering associated with illegal online gambling, online sextortion and voice phishing.
Interpol revealed last week that specialized law enforcement officers in the Asia-Pacific region intercepted more than $83 million in fraudulent money transfers as part of a six-month coordinated effort aimed at cyber-enabled financial crime. Codenamed HAECHI-I, the operation mainly targeted five types of online financial crime: investment fraud, money laundering, online sextortion, romance scams, and voice phishing.
The Interpol has intercepted $83 million belonging to victims of online financial crime from being transferred to the accounts of their attackers. Between September 2020 and March 2021, law enforcement focused on battling five types of online financial crimes: investment fraud, romance scams, money laundering associated with illegal online gambling, online sextortion, and voice phishing.
Nearly 30 percent of people who contact the Identity Theft Resource Center are victims of more than one identity crime. Their latest study covers the 36 months from 2018-2020 and goes beyond the known financial implications of identity crimes and explores the emotional, physical and psychological impacts experienced by victims.
In an apparent industry first, the global insurance company AXA said Thursday it will stop writing cyber-insurance policies in France that reimburse customers for extortion payments made to ransomware criminals. Only the U.S. surpassed France last year in damage from ransomware to businesses, hospitals, schools and local governments, according to the cybersecurity firm Emsisoft, estimating France's related overall losses at more than $5.5 billion.
In the evolution of cyber-attacks I'd argue while the fundamentals have stayed the same there have been two major critical changes recently in the past few years among nation-state and criminal attackers that require us to thoroughly understand and respond in a different manner than in the past. Most of the world and in most industries we've reached the tipping point in our digital dependence on our IT infrastructure and it has drawn attackers in.
US federal agencies have warned today against making or selling fake COVID-19 vaccination record cards as this is breaking the law. Using fake vaccination record cards could also put others at risk, increasing the chance of contracting COVID-19 or infecting others.
CSAE framework: Smart data science technologies supporting criminal investigations. A frequently proposed solution is the introduction of 'smart' data science technologies to support criminal investigations.
The latest passive income trend, we're told by Lithuania-based internet biz IPRoyal, is internet sharing, a term that here means "Subletting" or "Reselling." Launched in January, IPRoyal pays residential internet users in exchange for "Sharing" their internet service, something many internet service providers like Sonic Internet [PDF] and Comcast prohibit in their terms of service.
The indictments were presented Friday against Jean-Francois Eap, the head of Sky Global, and Thomas Herdman, a former high-level distributor of Sky Global devices, the department said Friday. "The indictment alleges that Sky Global generated hundreds of millions of dollars providing a service that allowed criminal networks around the world to hide their international drug trafficking activity from law enforcement," said Acting US Attorney Randy Grossman.