Tagged: cybercrime

April 10, 2026 @ 9:54 pm By Tony Zerucha  |  

LexisNexis Risk Solutions’ latest Cybercrime Report reveals key global fraud trends emerging over the past year. The report shows a significant 8% rise in global fraud rates driven by attacks targeting the gaming, gambling and e-commerce sectors, cost of living pressures and new emerging fraud… Read More

March 20, 2026 @ 7:22 pm By Tony Zerucha  |  

Global cybercrime fighters registered a significant win recently, when the FBI and Europol dismantled LeakBase, a Dark Web forum used to trade stolen credentials at scale. But while it’s a definite win, information once posted on LeakBase likely remains in circulation. NordVPN’s chief technology officer… Read More

January 27, 2026 @ 10:23 am By Tony Zerucha  |  

As AI-powered fraud improves, Kidas is one company businesses and consumers from a constantly evolving threat. Kidas CEO Ron Kerbs said traditional approaches won’t stop criminals who use methods that evade standard filters. Kidas’ origins are in gaming. During the COVID-19 pandemic, people increasingly turned… Read More

December 28, 2025 @ 11:58 am By Omar Faridi  |  

In a significant new development in the fight against growing incidents of cybercrime, Indian authorities have now apprehended a former customer support representative linked to Coinbase (NASDAQ:COIN). The arrest reportedly took place in Hyderabad and stems from a major security incident at the exchange that was… Read More

August 31, 2025 @ 2:17 pm By Michael Wong  |  

The U.S. Attorney’s Office for the District of New Mexico said it had seized two marketplace domains and a blog operated by VerifTools, an online platform accused of producing and selling fraudulent identification documents to cybercriminals worldwide. The Federal Bureau of Investigation (FBI) began probing… Read More

July 9, 2025 @ 6:52 pm By Omar Faridi  |  

The digital landscape is increasingly becoming a battleground for regulators and cybercriminals, with recent developments highlighting the critical need to disrupt the infrastructure enabling illicit activities. Two significant updates underscore this ongoing struggle: the U.S. Treasury’s sanctions against Russia-based hosting provider Aeza Group for supporting… Read More

May 26, 2025 @ 9:48 am By Omar Faridi  |  

A major cybersecurity breach has recently been unveiled, revealing a staggering 184 million login credentials, including emails and passwords, likely harvested through infostealer malware. Discovered by cybersecurity researcher Jeremiah Fowler, the unprotected 47GB database was found on a misconfigured cloud server, accessible to anyone without… Read More

March 3, 2025 @ 9:46 am By Omar Faridi  |  

According to the latest Kaspersky Managed Detection and Response (MDR) analyst report, advanced persistent threats (APTs) have been detected in 25% of companies, accounting for over 43% of all high-severity incidents. This marks a staggering 74% increase compared to 2023. The Managed Detection and Response… Read More

June 3, 2024 @ 12:46 am By Omar Faridi  |  

Cybercrime remains a real threat in Germany: more than one in three companies (35 per cent) in this country has been the victim of a cyber attack in the past two years. The attacks have placed a greater financial burden “on a large number of… Read More

May 31, 2024 @ 9:18 am By Omar Faridi  |  

Breaking new ground in Europe, the Mastercard (NYSE: MA) hub will contribute to further “securing the commerce and payment ecosystem in the region.” Mastercard recently confirmed the opening of its European Cyber Resilience Centre (ECRC) at its European Headquarters reaffirming “the company’s commitment to combatting… Read More

April 22, 2024 @ 8:54 am By Omar Faridi  |  

On April 17, 2024, London’s Metropolitan Police had announced the disruption of LabHost, which is described in an update by Chainalysis as a “notorious” phishing-as-a-service (PhaaS) provider that enabled cybercriminals to “breach the bank accounts of victims around the world, following an operation conducted in… Read More

November 19, 2023 @ 2:58 pm By Michael Wong  |  

India has trained over 3,000 personnel from various cybercrime and police departments to bolster their capabilities in tackling cryptocurrency-related crimes. According to the Ministry of Home Affairs (MHA)’s annual report, India provided specialized training in cryptocurrency forensics and investigations during the financial year 2022-2023. A… Read More

September 18, 2023 @ 9:32 pm By Michael Wong  |  

The Association of Banks in Singapore (ABS) has revealed that significant retail banks in the city-state have bolstered their security protocols against malware scams, introducing enhancements and new countermeasures to adapt to the ever-evolving threat landscape. In a bid to safeguard their varied customer base… Read More

August 27, 2023 @ 4:42 pm By Omar Faridi  |  

Binance, which is being sued by US regulators for a wide range of issues, is pleased have collaborated with Taiwan’s New Taipei District Prosecutors Office on “a workshop focused on combating cybercrime within the virtual assets space.” Conducted on August 24, the workshop is part… Read More

June 9, 2023 @ 3:16 pm By Omar Faridi  |  

On June 8, 2023, Binance, which is being sued by US regulators for a wide range of issues, conducted a one-day training program in collaboration with Taiwan’s Criminal Investigation Bureau (CIB) in Taipei. This collaboration is “part of their broader commitment to contribute to combating… Read More

November 8, 2022 @ 11:40 am By Omar Faridi  |  

Since its inception, SEON has been making effective online fraud prevention more accessible for “all businesses operating online.” Now, the company has “taken the next step in that mission by announcing a ‘forever free’ version of its online fraud prevention platform.” The free plan will… Read More

October 25, 2022 @ 3:57 pm By Omar Faridi  |  

Following a cyberattack that hit 7-Eleven at the beginning of August 2022, which initially took the chain’s payment and checkout systems out of operation, “a new mobile card payment solution was quickly rolled out in less than a day” through a collaboration with Nets and… Read More

October 10, 2022 @ 10:11 pm By Omar Faridi  |  

Visa Inc. (NYSE:V), the leader in digital payments, shared an updated look at how fraud has evolved since the height of the pandemic, with criminals simultaneously “targeting online and offline vulnerabilities as our daily lives return to a blend of in-person and e-commerce experiences.” Paul… Read More

October 10, 2022 @ 4:03 pm By Omar Faridi  |  

Chainalysis, the blockchain data platform, announced that it has joined the National Cyber-Forensics and Training Alliance (NCFTA), a nonprofit corporation focused on “identifying, validating, mitigating, and neutralizing cyber-crime threats.” Chainalysis’ data platform “equips the alliance with the same investigative tools that have been used to… Read More

September 25, 2022 @ 2:35 pm By Omar Faridi  |  

Account takeover fraud is an alarmingly common type of online crime, which can “affect businesses and individuals alike,” according to an update from SEON. This form of attack tends “to occur when a fraudster poses as an established, genuine client of a business, or as… Read More