Authorities have accused Serbia-based scammers of capitalizing on the "initial coin offering" bubble that began in 2017, bilking global cryptocurrency investors out of $70 million via Bitcoiin2Gen and other supposed coins and hiring actor Steven Seagal to endorse them.
Did Russia pass a tough new cryptocurrency law to help authorities recruit or compel criminal hackers to assist the government? That's the thesis of a new report, which notes that the new regulation includes a host of provisions designed to unmask cryptocurrency users' transactions - or else.
Trickbot appears to be making a comeback with a fresh campaign that is targeting insurance companies and legal firms in North America, according to an analysis by Menlo Security. Researchers had warned the malware might surface again after a coordinated takedown of the botnet's infrastructure in 2020.
In Britain, the National Crime Agency and the Financial Conduct Authority warn that the number of "clone firm" scams has significantly increased during the COVID-19 pandemic. Over a six-month period, these fraudulent schemes have led to more than 78 million pounds ($107 million) in losses for victims.
With ransomware continuing to fuel a massive surge in illicit profits, some experts have been calling on governments to launch offensive hacking teams to target cybercrime cartels. They're also calling for a review of cyber insurance payouts being used to fund ransoms.
The new Biden administration has pledged to hold Russia accountable for its recent "reckless and adversarial" actions and has ordered a full-scale intelligence review of the SolarWinds hack. The moves signal the importance of cybersecurity to President Biden's national security agenda.
The U.S. Justice Department has charged Ardit Ferizi, a Kosovo citizen, with fraud and identity theft, accusing him of continuing to commit cybercrimes while he was behind bars serving a 20-year prison sentence for aiding Islamic terrorist groups.
Terabytes' worth of posts, images and videos from conservative social media site Parler have been forcibly obtained by security researchers who have archived the material for investigators in the wake of the violent riot at the U.S. Capitol.
A Russian national who pleaded guilty to hacking JPMorgan Chase and other financial institutions has been sentenced to 12 years in federal prison. The hacking scheme affected more than 100 million bank customers.
The attorneys general of 27 states have entered into a $2.4 million settlement with Sabre Corp. to resolve a lawsuit tied to a 2017 data breach that struck the company's Sabre Hospitality Solutions hotel booking system, compromising 1.3 million payment cards.
Ticketmaster has agreed to pay a $10 million criminal fine to resolve charges that the company illegally accessed an unnamed competitor's computer system on at least 20 separate occasions, using stolen passwords to conduct a cyber espionage operation.
In less than a month, President-elect Joe Biden will be sworn into office and immediately confront a list of cybersecurity problems ranging from a now-leaderless CISA to the SolarWinds breach. Here's how security experts - and former government leaders - see the administration's cyber policies taking shape.
Britain's National Crime Agency says 21 individuals have been arrested on suspicion of purchasing personally identifiable information from the WLeakInfo website. Authorities say the site provided access to more than 12 billion personal records culled from 10,000 data breaches.
A key player in the now-defunct "Silk Road" darknet marketplace who hid his involvement with the creation and operation of the website has been sentenced to eight months in federal prison for making false statements to federal investigators.