Saturday, May 15, 2021

cyber crime

U.S charges North Korean hackers with stealing $1.3 billion from global financial institutions and firms

Three North Korean computer programmers have been charged by the U.S. Justice Department in connection with a broad range of global cyberattacks. Federal authorities said Wednesday the programmers were indicted for conducting a series of hacks to steal and extort...

UK Police busted organised crime ring, arrest 746 members

Law enforcement in the United Kingdom (UK) has touted the takedown of encrypted communications platform EncroChat as its "biggest ever" operation, so far resulting in the arrest of 746 individuals, the seizing of £54 million in cash, 77 firearms,...

U.S prosecutors to charge Nigerian Instagram celebrity “Hushpuppi” with money laundering, cybercrime

A Dubai resident who flaunted his extravagant lifestyle on social media is expected to be transferred to Los Angeles in the coming weeks to face money laundering charges, officials said Friday. Ramon Olorunwa Abbas, 37, aka "Ray Hushpuppi" and "Hush,"...

What You Need to Know – The Cost of Cyber-Crime to Business

In 2019, it is reported that cyber-crime breaches are up 11% year on year and has increased with over 67% in the last five years, according to a study done by Accenture in their Ninth Annual Cost of Cybercrime...

Mongolia: 800 Chinese nationals arrested in cybercrime probe

Police in the Mongolian capital of Ulaanbaatar have apprehended 800 Chinese citizens and confiscated hundreds of computers and mobile phone SIM cards as part of an investigation into a cybercrime ring, local security authorities said. The arrests took place after...

Aussies report cyber crime every 10 mins – Report

A new online tool allowing Australians to report cyber crime received one complaint every 10 minutes in the first quarter of 2019. Lieutenant General John Frewen, acting head of the Australian Signals Directorate, told a Senate hearing on Wednesday there...

North Korea Denies It Hacked $2 Billion in Fiat and Crypto

North Korea has denied a recent U.N. report suggesting it was behind major hacks of banks and cryptocurrency exchanges that reaped around $2 billion for the nation’s weapons programs. Reuters reported on Sunday that a statement from the National Coordination Committee of the...

North Korea Denies It Amassed $2 Billion Through Cyberattacks on Banks

North Korea denied on Sunday allegations that it had obtained $2 billion through cyberattacks on banks and cryptocurrency exchanges, and accused the United States for spreading rumors. A United Nations report seen by Reuters last month said North Korea had...

Latest News

Former TPG Star Bill McGlashan jailed for three months in college admissions scam

A former senior executive at private equity firm TPG Capital was sentenced on Wednesday to three months in prison...