In recent developments surrounding North Korean digital fraud, researchers have unveiled a list of 1,000 email addresses allegedly associated with scams run by North Korean IT workers targeting Western companies. Accompanying this disclosure are images of individuals purportedly involved in these illegal activities. Concurrently, the marketplace Xinbi Guarantee, a platform…
Fraud Management & Cybercrime, Ransomware ‘Lite Panel’ Provides Easy Entry for Ransomware Operators at $777, Reports Researcher Mathew J. Schwartz (euroinfosec) • May 16, 2025 Ransomware groups are continually evolving their strategies to extort organizations, both large and small. The introduction of a more accessible “lite” version of LockBit’s ransomware-as-a-service…
Cyberwarfare / Nation-State Attacks, Fraud Management & Cybercrime New Report Unveils North Korean Operatives in Leading Blockchain and Web3 Initiatives Chris Riotta (@chrisriotta) • May 14, 2025 A detail from the Monument to Party Founding in Pyongyang, North Korea. (Image: Anton Ivanov/Shutterstock) A recent investigation by a cybersecurity firm highlights…
Recent Surge in Crypto-Related Kidnappings in France Raises Security Concerns French law enforcement has faced a dramatic increase in cryptocurrency-related kidnappings, with incidents involving severe violence and ransom demands. Unlike typical financial scams, these cases have included alarming elements such as abductions, mutilation threats, and the rescue of victims from…
Blockchain & Cryptocurrency, Cryptocurrency Fraud, Fraud Management & Cybercrime In Focus: Mango Markets Hacker Sentenced in CSAM Case Rashmi Ramesh (rashmiramesh_) • May 8, 2025 Image: Shutterstock This week, ISMG reports on notable cybersecurity events in the digital asset space. Highlights include revelations about Trump’s cryptocurrency ventures, the sentencing of…
Recently, Marks & Spencer (M&S), the prominent UK retailer, fell victim to a significant cyber assault that has left its operations severely compromised. The attack is believed to be orchestrated by the organized crime syndicate known as DragonForce, which utilized a highly advanced ransomware variant that severely disrupted M&S’s IT…
Cryptocurrency Fraud, Events, Fraud Management & Cybercrime Panel Discusses Insights on Cryptocurrency, OT Security, and Data Sovereignty Anna Delaney (annamadeline) • April 29, 2025 ISMG editors Mathew Schwartz, Anna Delaney, Rahul Neel Mani, and Michael Novinson During the second day of the RSAC Conference 2025 in San Francisco, a panel…
Blockchain & Cryptocurrency, Encryption & Key Management, Events Current Discussions Include Quantum Computing, Blockchains, and Artificial Intelligence Mathew J. Schwartz (euroinfosec) • April 29, 2025 Image: RSAC Conference An influential figure in the field of cryptography has recently criticized cryptocurrencies for failing to meet their initial promises. Adi Shamir, one…
On February 21, a significant and unprecedented cryptocurrency heist unfolded, marking one of the largest cyber thefts in history. Hackers managed to compromise a digital wallet associated with Bybit, the world’s second-largest cryptocurrency exchange, resulting in the theft of approximately $1.5 billion in digital tokens. The perpetrators quickly transferred the…
