A Nigerian Instagram influencer has made his first court appearance in the US on charges alleging that he laundered hundreds of millions of dollars in illicit proceeds from email scams and other cyber-enabled fraud, including a scheme that targeted an English Premier League football club.
US cyber security experts say that Evil Corp, a Russian group of cybercriminals, has been targeting America’s most successful companies, known asFortune 500, in an effort to force them to pay millions in ransom.
In the largest restraint of funds in New Zealand’s history, the country’sAsset Recovery Unit froze on Monday NZD$140 million (US$91.12 million) from a company owned by Alexander Vinnik, a Russian citizen wanted by the US and France for laundering billions and by Russia for stealing millions.
Cybercrime is becoming more sophisticated and more dangerous, now targeting aerospace and military companies in Europe and the Middle East, according to Slovak internet security companyESET, which published its research report this month.
The number of banking Trojans and infostealers has gone up with the increase of mostly pandemic-related unemployment, according to a leading provider of cyber security solutions to governments and corporate enterprises globally.
A UK airline has admitted that the personal information of more than nine million customers was compromised in a recent cyberattack.
Fraudsters have found a way to use the coronavirus pandemic for blackmail, with one phishing scam threatening to ‘infect every member’ of victims’ families with the disease in what experts say is a new take on an old sextortion scheme.
Since the start of the COVID-19 pandemic, cybercrime has grown more than any other criminal activity, aEuropol report revealed on Friday.
As COVID-19 shut down the world in less than a month, cybercriminals seized the opportunity to use the Internet to defraud and blackmail people and companies.
The UKNational Crime Agency (NCA) said on Friday that its officers arrested six people suspected of being involved in last year’s €13 million (US$14.38 million) Maltese Bank of Valletta cyber heist.
Emerging 5G technology will disable Europol from tapping criminal communications and will therefore make it harder to investigate organized crime, the agency’s new director, Catherine De Bolle, cautioned in an interview with Reuters on Wednesday.
Armenian police detained on Tuesday eight people and seized 14 computers from the offices of a suspected cyber crime ring operating in Yerevan. The raid came hours after OCCRP member center Hetq published an investigation that suggested the company was defrauding U.S. citizens of tens of thousands of dollars through fake virus scams.
Russia’s lower house of Parliament approved Tuesday the third reading of a draft law aiming to increase the country’s sovereignty over its internet and defend against foreign cyber attacks, the State Duma confirmed in a tweet.
Last year’s takedown of a cyberattack-for-hire marketplace was a vital moment in the global crackdown on cybercrime, according to Europol, as information about the site’s over 150,000 users has provided impetus for a number of criminal investigations around the world.
Two Ukranian men were charged Tuesday for their part in a large-scale international conspiracy to rig the United States’ securities market by making investment decisions based on stolen financial information not yet available to other investors.
Police from over 20 states arrested 168 people who allegedly worked as money mules, helping criminals launder millions of euros of dirty money,Europol announced Tuesday.
A San Francisco hacker already serving a record-setting prison sentence has been charged with orchestrating a new scheme to drop contraband into a Louisiana prison yard using a remotely piloted drone, the Daily Beast reported Friday.
Sextortion — a scam in which hackers claim to compromise a user’s computer, record them watching pornography via their webcam, and threaten to release the video online if the victim does not meet their demands — has been linked to the Bitcoin money laundering site Bitblender.io.
The U.S. Department of Justice indicted on Thursday seven Russian intelligence officers over alleged cyber attacks against the U.S. and its allies, saying they targeted the World Anti-Doping Agency, the U.S. Anti-Doping Agency and a nuclear power company in Pennsylvania.
People targeted by cyber criminals have lost over US$1.4 billion in 2017, most of it in relation to romance and confidence schemes and hacked email accounts, an FBI report released Monday shows.
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