Tag Cybercrime

‘Bitcoin Queen’ Receives Sentence in Fraud Case

Blockchain & Cryptocurrency, Cryptocurrency Fraud, Fraud Management & Cybercrime Also: Samourai Wallet Founder Sentenced, $128M Balancer Hack Analysis Rashmi Ramesh (rashmiramesh_) • November 13, 2025 Image: Shutterstock Each week, Information Security Media Group compiles cybersecurity incidents involving digital assets. This week’s highlights include the sentencing of the “Bitcoin Queen,” the…

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Online Job Scams: Emerging Threats to Corporate Network Security

Fraud Management & Cybercrime, Fraud Risk Management, Governance & Risk Management Enterprises Must Address Risks Linked to Compromised Personal Devices Suparna Goswami (gsuparna) • November 7, 2025 Image: Shutterstock Many are familiar with the deceptive texts promising lucrative job opportunities from corporate recruiters. These scams often encourage individuals to follow…

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Nevada State Hackers Eluded Detection for Several Months

Fraud Management & Cybercrime, Government, Industry Specific Statewide Cyber Breach Affects 60 Agencies Before Ransomware Implementation Chris Riotta (@chrisriotta) • November 6, 2025 Image: Shutterstock/ISMG Recent analyses reveal that a ransomware threat actor compromised Nevada’s statewide government systems for several months prior to executing a ransomware attack. An after-action report…

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Unfixed Windows Vulnerability Paves the Way for State-Sponsored Cyber Hackers

Cyberwarfare / Nation-State Attacks , Fraud Management & Cybercrime Chinese Hackers Exploit Windows Vulnerability Against European Diplomats Akshaya Asokan (asokan_akshaya) , David Perera (@daveperera) • November 5, 2025     Image: AR Pictures/Shutterstock Security researchers have reported that Chinese nation-state hackers are actively using a Windows vulnerability to target European…

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Australia’s Scam Prevention Framework: The Burst Bubble

Fraud Management & Cybercrime, Fraud Risk Management Treasury Yet to Release Sector-Specific Controls and Reimbursement Mechanisms Suparna Goswami (gsuparna) • October 29, 2025 Image: Evanto Elements In a significant move earlier this year, Australia implemented a pioneering scam prevention law designed to position the nation as an unwelcoming environment for…

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Further Developments in the Collins Aerospace Cybersecurity Breach

Critical Infrastructure Security Everest Extortion Group Targets Dublin Airport Akshaya Asokan (asokan_akshaya) • October 27, 2025 Image: Shutterstock A Russian data extortion group named Everest has threatened to release 1.5 million records allegedly obtained from Dublin Airport. This threat follows an investigation into a cybersecurity breach that originated from a…

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Cybersecurity Budgets Are Increasing—Why Are Breaches Still Rising?

The Rise of Cybersecurity Threats: A Call for Action In recent years, cybersecurity has emerged as a critical concern for businesses worldwide. Forecasts for 2023 predict that the total cost of cybercrime will soar to approximately $8 trillion, highlighting the urgent need for robust cybersecurity measures across various sectors. Despite…

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Two Eastern Europeans Sentenced for Supplying Bulletproof Hosting Services to Cybercriminals

Two Eastern European nationals have received prison sentences in the United States for their involvement in “bulletproof hosting” services used by cybercriminals to distribute malware and target financial institutions between 2009 and 2015. Pavel Stassi, aged 30 from Estonia, has been sentenced to 24 months in prison, while Aleksandr Shorodumov,…

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Amazon Details How Its AWS Outage Disrupted the Internet

Amazon Web Services (AWS) faced significant downtime on Monday due to Domain Name System (DNS) resolution issues that triggered widespread disruptions across various online platforms. This incident underscored the global dependency on large cloud service providers, known as hyperscalers, and highlighted the complications both for these companies and their clients…

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