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Global Collaboration Leads to Arrests in Phishing-as-a-Service Platform Takedown Introduction A joint effort between law enforcement agencies and cybersecurity firms has culminated in the arrest of three individuals involved in the operation of “16shop,” a notorious phishing-as-a-service (Paas) platform. Partnering with Interpol, authorities from Indonesia, Japan, and the United States, alongside the Cyber Defense Institute,…
New York Times Report: Securing Sensitive Accounts Securing Sensitive Accounts: Learn PAM Security Strategies Introduction In today’s interconnected world, where cybercrime continues to threaten the security of individuals and organizations alike, safeguarding sensitive accounts has become an essential task. Cybercriminals exploit vulnerabilities in digital systems, using techniques like phishing, hacking, and malware to gain unauthorized…
Cross-Border Investigation Leads to Arrests and Seizure of Millions in West African Cybercrime Operation A large-scale cross-border investigation, dubbed Operation Jackal, has led to the arrest of 103 individuals involved in cybercriminal activities within West Africa. Led by law enforcement agencies across 21 countries on six continents and supported by Interpol, this operation specifically targeted…
“Crocodile of Wall Street” and her husband plead guilty to giant-sized cryptocrimes Background In August 2016, Heather Morgan, also known as Razzlekhan and dubbed the “Crocodile of Wall Street,” and her husband, Ilya Lichtenstein, obtained 120,000 bitcoins illegally. At the time, the value of BTC was around $600, making their stash worth a staggering $72,000,000….
Securing Sensitive Accounts: Learn PAM Security Strategies Introduction In today’s digital age, the need to secure sensitive accounts has become crucial. As more individuals and businesses rely on online platforms for various activities, the risk of cyber threats and unauthorized access to sensitive information has escalated. One effective strategy for protecting sensitive accounts is implementing…
Protecting Your Devices: The Importance of Cybersecurity With the rapid advancements in technology and the increasing reliance on digital platforms, the need for robust cybersecurity measures has become more critical than ever before. The rise in cyber threats such as malware, phishing, and hacking poses significant risks to both individuals and organizations, potentially leading to…
Cybercrime: CoinsPaid Blames North Korean Hackers for $37 Million Cryptocurrency Heist Introduction In the latest incident of cybercrime, CoinsPaid, a cryptocurrency payments firm based in Estonia, has reported a theft of approximately $37 million in cryptocurrency. The company believes that a North Korean hacking group called Lazarus is likely responsible for the attack. This cyberattack…
The Importance of Internet Security in the Digital Age Cybersecurity and the Rising Threat of Cybercrime In today’s interconnected world, where the internet plays a significant role in our daily lives, cybersecurity has become a matter of utmost importance. The exponential growth of technology has brought with it an increasing number of cyber threats, making…
Cybercrime in Los Angeles: Guilty Plea Reveals SIM Swapper’s Scheme Introduction Amir Hossein Golshan, a 24-year-old man from Los Angeles, has pleaded guilty to perpetrating multiple cybercrime schemes using SIM swapping. Between April 2019 and February 2023, Golshan engaged in account takeovers, Zelle payment fraud, and Apple support impersonation, causing approximately $740,000 in losses to…
Cybercrime: Nigerian Man Sentenced to 8 Years in US Prison for $8 Million BEC Scheme Background Increase in Cybercrime Cybercrime has become a pervasive and increasingly sophisticated threat in recent years. The digitization of our lives, coupled with the advancements in technology and communication, has created new opportunities for criminals to exploit individuals, businesses, and…