Browsing tag
A CACTUS ransomware campaign has been observed exploiting recently disclosed security flaws in a cloud analytics and business intelligence platform called Qlik Sense to obtain a foothold into targeted environments. “This campaign marks the first documented instance […] where threat actors deploying CACTUS ransomware have exploited vulnerabilities in Qlik Sense for initial access,” Arctic Wolf […]
The U.S. Department of Justice (DoJ) on Wednesday announced the arrest of Anatoly Legkodymov (aka Gandalf and Tolik), the cofounder of Hong Kong-registered cryptocurrency exchange Bitzlato, for allegedly processing $700 million in illicit funds. The 40-year-old Russian national, who was arrested in Miami, was charged in a U.S. federal court with “conducting a money transmitting […]
Financial cyber crime is an act in which financial gains or profits are made through criminal activities such as identity fraud, ransomware attacks, e-mail, and Internet fraud. Attempts to steal financial accounts, credit cards, and other payment card information also comes under cyber crime. Financial cyber crime affects companies of all sizes and sectors, as […]
In an incident, which is both hilarious and surprising, a man has accepted that he stole millions from two of the major tech companies — Google and Facebook — by faking bills of purchases the company never made. 50-year-old Evaldas Rimasauskas, from Lithuania, came up with a deemed perfect plan to extract and ask for money […]
Ten individuals of Nigerian origin have been arrested by Guardia di Finanza for laundering millions of pounds acquired from frauds causing loss of over €2.5 / $2.74million. The Italian Financial Police conducted an operation with the support of Europol and the Federal Bureau of Intelligence and 130 police officers and arrested ten Nigerians. The operation […]
The official website of Liberty Reserve (), known for its services such as payment processing and transfer has been shutdown by the authorities for alleged involvement in money laundering. Liberty Reserve Owner Arthur Budovsky Belanchuk has been arrested during money laundering investigation operation in Spain, conducted by police officers from USA and Costa Rica on […]