KEY SUMMARY POINTS The Lazarus Group, a hacking entity with ties to North Korea, has redirected its focus toward the nuclear industry, an alarming escalation from its previous concentrations on sectors such as defense, aerospace, and cryptocurrency. This shift suggests that their operations are diversifying into more sensitive areas, with…
In recent developments within the cybersecurity landscape, a significant breach involving digital license plates has been uncovered, revealing vulnerabilities that could be exploited by malicious actors. Hackers have reportedly learned to “jailbreak” these license plates—devices that are legally issued in several states and recognized across the United States—allowing them to…
Explore the latest on Blockchain & Cryptocurrency, Cryptocurrency Fraud, and Fraud Management & Cybercrime. Australia Imposes AU$8 Million Fine on Kraken Exchange for Breaches Prajeet Nair (@prajeetspeaks) • December 12, 2024 Image: Shutterstock Information Security Media Group compiles a weekly summary of cybersecurity incidents in the digital asset space. This…
In a notable development in cybercrime enforcement, the FBI has arrested a 19-year-old hacker named Remington Goy Ogletree in Fort Worth, Texas, as part of an ongoing investigation into the Scattered Spider cybercrime group, recognized for its sophisticated social engineering attacks on major corporations. Ogletree is allegedly linked to a…
Blockchain & Cryptocurrency, Cryptocurrency Fraud, Fraud Management & Cybercrime Accused Blockchain Thief Admits Guilt: $3.5 Million Cloud Computing Theft for $1 Million Cryptocurrency Gain Prajeet Nair (@prajeetspeaks) • December 5, 2024 Image: Shutterstock ISMG periodically aggregates key incidents affecting the cybersecurity landscape of digital assets. Recent reports indicate that malicious…
Finance & Banking, Fraud Management & Cybercrime, Industry Specific French Authorities Arrest Alleged Ryuk Money Launderer Ekatarina Zhdanova Akshaya Asokan ( asokan_akshaya) • December 4, 2024 Ekaterina Zhdanova, in an undated file photo. (Image: National Crime Agency) A major law enforcement investigation, spearheaded by the United Kingdom, has dismantled two…
In recent years, particularly since 2020, a disturbing trend has emerged involving pig butchering scams, resulting in the trafficking of over 200,000 individuals across various countries, including Myanmar, Cambodia, and Laos. These victims are exploited by criminals, often linked to organized crime syndicates, being coerced into operating as online scammers.…
FBI Indicts Five Alleged Members of Cybercrime Group Linked to Cryptocurrency Thefts The U.S. government has unveiled charges against five individuals suspected to be affiliated with a loosely organized cybercriminal group known as "Scattered Spider." These charges, unsealed on November 20, 2024, stem from allegations that the group was responsible…
Prosecutors have identified a phishing campaign that allegedly spanned from September 2021 to April 2023, targeting employees across various companies. The defendants in the case are accused of sending deceptive text messages from numbers posing as internal IT departments, alarming employees with false claims that their accounts would be rapidly…
