Featured Cyber

Hackers ‘Without Conscience’ Target Health-Care Providers

When hackers broke into computers at Hammersmith Medicines Research, a London-based company that carries out clinical trials for new medicines, it was a nightmare scenario for managing director Malcolm Boyce. The coronavirus crisis was just beginning to take hold in the U.K., and the company was in talks with… Read More

Russian charged in Pittsburgh with laundering money for international cybercriminals

A Russian national described by the FBI as a “significant cybercriminal” has been charged in Pittsburgh with laundering money for other cybercriminals, joining five Latvians indicted here in January on similar charges. An FBI complaint was unsealed Monday against Maksim Boiko, 29, known as “gangass” in the cyberworld, after agents… Read More

How Covid-19 is Changing the Organised Crime Threat

It happened: British Prime Minister Boris Johnson announced the strictest curbs on life in the UK during peacetime. This followed the adoption of emergency legislation which, most controversially and among others, gives law enforcement agencies the right to detain people on public health grounds and place them in isolation. Meanwhile, shops have experienced… Read More
24th March 2020
By David Klein  OCCRP — 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 Australian Competition and Consumer Commission (ACCC) reported that their Scamwatch service has tracked nearly 100 coronavirus related… Read More
23rd March 2020
A crucial bank fraud security measure due to be introduced within weeks has been delayed because of the disruption caused by Covid-19. Just as millions of people are expected to avoid branches and use online services, banks have postponed their plans for an extra layer of protection. At the moment,… Read More
19th March 2020
With many people being laid off or working from home thanks to the Coronavirus pandemic, cybercrooks are almost certain to have more than their usual share of recruitable “money mules” — people who get roped into money laundering schemes under the pretense of a work-at-home job offer. Here’s the story… Read More
3rd March 2020
The United States on Monday charged two Chinese nationals with laundering more than $100 million in stolen cryptocurrency from a 2018 cyberattack linked to North Korea’s illicit nuclear missile and weapons development program. The new indictment, accompanied by sanctions and a civil forfeiture complaint seizing 113 cryptocurrency accounts filed in federal… Read More
27th February 2020
The European Union may target a Russian and a Chinese entity, as well as several individuals, with sanctions over cyber attacks, adding to signs of increasing alarm in the bloc over network security. Five diplomats familiar with the matter said talks on the proposed measures will begin as soon… Read More
7th February 2020
A 31-year-old man has been charged over an $11 million cyber fraud in which he allegedly obtained the financial profiles and identities of more than 80 people to create fraudulent bank accounts and steal from their savings and superannuation accounts. Adam Jones, originally from South Australia, was arrested at a… Read More
3rd February 2020
Another three people have been arrested in connection with last year’s €13 million Bank of Valletta cyber heist, after €950,000 was funneled through an account in Northern Ireland. Friday’s announcement by the UK’s National Crime Agency follows the arrest of three other men in Belfast and London earlier this week. Read More
31st January 2020
By every measure, US sanctions are devastating Iran’s economy. The value of the rial has plummeted by half since 2018, when President Trump began dismantling the nuclear deal and reimposing embargoes. Food prices are spiralling, and the country’s foreign currency reserves have been slashed by a fifth since 2013. Read More
27th January 2020
Reports of suspicious transactions submitted by banks and betting firms in Denmark have increased tenfold in recent years, straining anti-money laundering authorities which drew heavy criticism on Friday from a state auditor. Banks across the Nordic region are facing increasing scrutiny by regulators after a string of money laundering scandals,… Read More
27th January 2020
Cyberattacks waged against cryptocurrency exchanges are now common, but the theft of just over $7 million from the Singapore-based exchange DragonEx last March stands out for at least three reasons. First there is the extremely elaborate phishing scheme the attackers used to get in, which involved not only fake websites… Read More