The True Cost of Cybercrime: Why Global Damages Could Reach $1.2 – $1.5 Trillion by End of Year 2025
Introduction: The Escalating Economic Threat of Cybercrime Cybercrime is no longer just an IT problem—it has evolved into a global…
U.S. Soldier Charged in AT&T Hack Searched “Can Hacking Be Treason”
A U.S. Army soldier who pleaded guilty last week to leaking phone records for high-ranking U.S. government officials searched online…
Canadian Man Charged in $65M Cryptocurrency Hacking Schemes
PRESS RELEASE A five-count criminal indictment was unsealed today in federal court in New York...
DoJ Busts Up Another Multinational DPRK IT Worker Scam
A departmentwide initiative has now led to five major law enforcement actions, in an attempt to curb the increasingly common…
US charges operators of cryptomixers linked to ransomware gangs
The U.S. Department of Justice indicted three operators of sanctioned Blender.io and Sinbad.io crypto mixer services used by ransomware gangs…
Romanian Netwalker ransomware affiliate sentenced to 20 years in prison
Daniel Christian Hulea, a Romanian man charged for his involvement in NetWalker ransomware attacks, was sentenced to 20 years in…
US offers $5 million for info on North Korean IT worker farms
The U.S. State Department is offering a reward of up to $5 million for information that could help disrupt the…
Chinese Hacker Pwns 81K Sophos Devices With Zero-Day Bug
The US State Department has offered a $10 million reward for Guan Tianfeng, who has been accused of developing and…
US arrests Scattered Spider suspect linked to telecom hacks
U.S. authorities have arrested a 19-year-old teenager linked to the notorious Scattered Spider cybercrime gang who is now charged with…
Feds Charge Five Men in ‘Scattered Spider’ Roundup
Federal prosecutors in Los Angeles this week unsealed criminal charges against five men alleged to be members of a hacking…