Security News
From the countless hours your service desk spends resetting passwords and unlocking accounts, to the massive cost of security incidents or data breaches, passwords cost you money. We'll explore the hidden costs of managing passwords and discuss the steps you can take to maximize their security while mitigating costs.
Cybercriminals are using a network of hired money mules in India using an Android-based application to orchestrate a massive money laundering scheme. The malicious application, called XHelper, is...
A 42-year-old Belarusian and Cypriot national with alleged connections to the now-defunct cryptocurrency exchange BTC-e is facing charges related to money laundering and operating an unlicensed...
Today, the FBI warned about courier services being used to collect money and valuables from victims of tech support and government impersonation scams. This public service announcement follows a surge of reports regarding criminals using couriers to collect cash or precious metals like gold or silver from victims whom the scammers instructed to sell their valuables.
OAuth is an especially appealing target for criminals in cases where compromised accounts don't have strong authentication in place, and user permissions allow them to create or modify OAuth applications. Microsoft, in a threat intel report, details one cyber crime crew it tracks as Storm-1283 that used a compromised account to create an OAuth application and deploy VMs for crypto mining, while also racking up between $10,000 and $1.5 million in Azure compute fees.
The Russian founder of the now-defunct Bitzlato cryptocurrency exchange has pleaded guilty, nearly 11 months after he was arrested in Miami earlier this year. Anatoly Legkodymov (aka Anatolii...
When managing anti-money laundering obligations, many challenger banks turn to basic or unproven in-house risk management solutions. Although these solutions can, in some ways, be innovative, they are often built quickly and lack thorough testing, leading to potential vulnerabilities.
The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) has sanctioned Russian national Ekaterina Zhdanova for laundering millions in cryptocurrency for various individuals,...
And that includes ransomware crims, claims US of alleged sanctions-buster A Russian woman the US accuses of being a career money launderer is the latest to be sanctioned by the country for her...
The U.S. Department of the Treasury imposed sanctions against a Russian woman for taking part in the laundering of virtual currency for the country's elites and cybercriminal crews, including the...