Security News

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If you dine out at an Asian restaurant on your next holiday, the United Nations thinks your meal could help North Korea to launder money. We mention the restaurants because the UN reckons they collectively help the DPRK to launder $700 million a year.

The U.S. Federal Trade Commission warned today that scammers are impersonating its employees to steal thousands of dollars from Americans. FTC says its staff has received numerous reports from consumers who have fallen victim to scams in which fraudsters exploited the identities of agency personnel to coerce them into transferring or wiring money.

The Financial Transactions and Reports Analysis Centre of Canada has announced that a "Cyber incident" forced it to take its corporate systems offline as a precaution. FINTRAC is a government agency in Canada that operates as the country's financial intelligence unit.

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.