Featured Cyber

U.K. Cyber Chief Cameron Says Ransomware Is Key Online Threat

Professional criminals holding businesses to ransom — often with the support of nation-states — is the key online threat facing the U.K., the country’s cyber security chief will say Monday. Lindy Cameron, who is chief executive of the National Cyber Security Centre, part of the spy agency GCHQ, will warn… Read More

India: Hawala scheme linked to shell companies, bank accounts and Chinese nationals

Cybercrime officials with the Criminal Investigation Department on Saturday busted a ₹290 crore money-laundering scam linked to a hawala racket. Ten people — including two from China and two from Tibet — have been arrested. However, the kingpin and prime accused, Anas Ahmed, who hails from Kerala but resides in… Read More

47 people questioned in relation to Dutch WhatsApp scam

The police in the Oost-Brabant district have questioned 47 suspects over potential involvement in pulling “friend-in-need” WhatsApp scams. With this type of fraud, scammers approach their victims via messaging services or social media claiming to be the victim’s family members or friends in an emergency. They then request money to… Read More
10th June 2021
When Colonial Pipeline was hit with a ransomware attack in early May, the firm—which transports some 45 percent of the East Coast’s fuel supply—shut down its operations as a precaution and paid the ransom, reportedly 75 bitcoins (about $4.4 million then). Fuel shortages ensued, and the US… Read More
9th June 2021
A 39-year-old man from Deventer was arrested on suspicion of large-scale fraud with self-made cryptocurrency coins, police confirmed. He is suspected of running online trading platform Coinhouse.eu. Clients of the site claim they were victims of a scam. A 22-year-old man from Apeldoorn and a 41-year-old man from Zaandam were… Read More
8th June 2021
The Justice Department said on Monday that it had seized much of the ransom that a major U.S. pipeline operator had paid last month to a Russian hacking collective, turning the tables on the hackers by reaching into a digital wallet to snatch back millions of dollars in cryptocurrency. Investigators… Read More
7th June 2021
Philippine investigators have lodged criminal complaints against a former executive of collapsed German payments firm Wirecard and others for alleged bank fraud and cybercrime offences, the justice secretary said Monday. Wirecard was once a rising star in the fintech sector until it filed for bankruptcy last year after admitting that… Read More
6th June 2021
A hack of the world’s largest meat producer is ratcheting up pressure for greater regulatory oversight of cryptocurrency’s role as a preferred method for ransom payments that are difficult to trace. The U.S. Treasury Department should ramp up its enforcement of anti-money laundering laws and adopt reporting rules for cryptocurrency… Read More
4th June 2021
The U.S. Department of Justice is elevating investigations of ransomware attacks to a similar priority as terrorism in the wake of the Colonial Pipeline hack and mounting damage caused by cyber criminals, a senior department official told Reuters. Internal guidance sent on Thursday to U.S. attorney’s offices across the country… Read More
2nd June 2021
When COVID-19 emerged in early 2020 in Southeast Asia, its governments took rapid containment actions: lockdowns, travel restrictions and trade suspensions, alerting the public about the virus. The pandemic has also put illegal or unsustainable wildlife trade under the spotlight due to enhanced restrictions on movement and increasing awareness about… Read More
30th May 2021
By Isobel Van Hagen, OCCRP, 27 May 2021 OCCRP — Cybercrime is on the rise and opportunities for web-based corruption have increased in the last year due to the pandemic, Britain’s National Crime Agency (NCA) warned in a new report released on Tuesday. Read More
23rd May 2021
CNA Financial Corp., among the largest insurance companies in the U.S., paid $40 million in late March to regain control of its network after a ransomware attack, according to people with knowledge of the attack. The Chicago-based company paid the hackers about two weeks after a… Read More
18th May 2021
In March, the government published its review of all the threats facing this country, and how it would respond to them, from hostile autocracies and cybercrime to terrorism and trade. Running through the pages of this huge and complex document, like lead… Read More