21st June 2018
Police have nabbed scores of individuals they believe are partly responsible for over 20,000 fraudulent transactions worth over EUR8 million. The fraud was conducted by professional fraudsters, skilled in e-commerce fraud, who set up fake online shops and bought and sold credit card data on the dark web, said Europol. Read More
20th June 2018
Banned former FIFA president Sepp Blatter arrived in Moscow on Tuesday to attend the football World Cup, posing for selfies with fans in a hotel lobby before a meeting his spokesman said is scheduled for tomorrow with President Vladimir Putin. Blatter, who led FIFA for 17 years, is currently serving… Read More
15th June 2018
The U.S. Commodity Futures Trading Commission on Thursday urged a federal judge to conclude that an obscure virtual currency called My Big Coin is a commodity subject to its oversight, saying it is no different than precious metals like gold. U.S. Judge Rya Zobel in Boston questioned a CFTC lawyer… Read More
14th June 2018
AP — Judicial authorities on Wednesday told the brother-in-law of Spain’s King Felipe VI that he must report to a prison within five days in order to serve five years and 10 months for fraud and tax evasion, among other crimes. Inaki Urdangarin, a former Olympic… Read More
13th June 2018
AP — A South Korean cryptocurrency exchange said Monday hackers have stolen about one-third of the coins traded on its market, an announcement that sent bitcoin prices tumbling to a two-month low. Coinrail said hackers stole cryptocurrencies over the weekend including Pundi X, Aston and NPER. It… Read More
29th May 2018
Bank of Montreal (BMO.TO) and Canadian Imperial Bank of Commerce (CM.TO) said on Monday that cyber attackers may have stolen the data of nearly 90,000 customers in what appeared to be the first significant assault on financial institutions in the country. Bank of Montreal (BMO.TO), Canada’s fourth biggest lender, said… Read More
25th May 2018
Criminals have stolen about $1.2 billion (0.9 billion pounds) in cryptocurrencies since the beginning of 2017, as bitcoin’s popularity and the emergence of more than 1,500 digital tokens have put the spotlight on the unregulated sector, according to estimates from the Anti-Phishing Working Group released on Thursday. The estimates were… Read More
17th May 2018
Mexico’s central bank said on Wednesday a cyber attack that has affected a payments system in the country had hit a total of five companies and that an estimated 300 million pesos ($15.33 million) of irregular transactions had been detected so far. Bank of Mexico Governor Alejandro Diaz de Leon… Read More
15th May 2018
The Dutch government said on Monday it had decided to phase out the use of anti-virus software made by Kaspersky Labs “as a precautionary measure” and was advising companies involved in safeguarding vital services to do the same. In a letter to parliament, Justice Minister Ferdinand Grapperhaus said the decision… Read More
3rd May 2018
Spanish police have arrested 11 individuals suspected of being part of a criminal network that laundered millions for drug dealers using cryptocurrencies, credit cards and over a hundred bank accounts. The Spanish-based group was approached by drug dealers to help them launder their illicit cash, authorities say. Read More