Merging Fraud Management and Anti-Money Laundering: A Complex Challenge in Financial Crime Prevention Experts in financial crime prevention are evaluating the potential benefits and drawbacks of integrating Anti-Money Laundering (AML) teams with Fraud Management divisions. As financial fraud rates escalate—over…
NEWS BRIEF Telefónica, the major telecommunications corporation based in Madrid, has recently disclosed a significant data breach involving its internal systems. This incident has resulted in the theft of over 236,000 lines of customer information along with nearly 500,000 Jira…
In March 2020, during his return to the Netherlands from abroad, Frank van der Linde, a Dutch citizen and human rights advocate, encountered unexpected scrutiny upon entering the immigration line for European Union citizens at Amsterdam’s Schiphol Airport. While Linde…
Amazon Storage Buckets Under Siege by Codefinger Ransomware Amazon Web Services (AWS), often regarded as a pillar of secure cloud storage solutions, is currently grappling with a substantial cybersecurity threat posed by a ransomware variant known as Codefinger. This emerging…
Telefonica Suffers Significant Cyber Breach, Data Exposed Online Telefonica, the leading telecommunications provider in Spain, recently confirmed a substantial data breach affecting its internal Jira ticketing system, with sensitive information now circulating on Breach Forums, a platform known for cybercriminal…
Recent Dark Web Activity Exposes Major Cybersecurity Risks In the past week, SOCRadar’s Dark Web Team has identified significant threats circulating on hacker forums, raising alarms for organizations and individuals alike. Among the reported incidents is an alleged data breach…
PayPal, a leading online payment platform, is currently embroiled in controversy following reports of a sophisticated phishing scam dubbed the “No Phish Phishing” attack. This cybersecurity threat preys on unsuspecting users by sending deceptive emails that mimic legitimate payment processing…
Fraud Management and Cybercrime: Lessons from a Recent Ransomware Attack On January 10, 2025, PowerSchool, a significant provider of K-12 student information systems, revealed a data breach that has raised concerns among schools, students, and parents. The California-based company reported…
PowerSchool, a prominent player in educational technology, has recently reported a significant data breach affecting millions of students and teachers. The incident, announced on January 7, followed the company’s discovery of unauthorized access to its systems on December 28. Hackers…
In a recent interview, Nitin Natarajan, Deputy Director of the Cybersecurity Infrastructure and Security Agency (CISA), expressed confidence that key initiatives aimed at enhancing the cybersecurity resilience of the healthcare sector and other critical infrastructure will persist under the incoming…
