cyber crime
DHS tracks down $ 4.3 billion ransomware payments
An official report from Homeland Security Investigations (HSI) released on October 4, 2024, reveals that department officials have tracked and recovered nearly $4.3 billion in cryptocurrency payments related to ransomware crimes over the past three years. The Department of Homeland Security (DHS) has also successfully blocked more than 537 ransomware attacks since its establishment in […]
America witnesses $1.5 billion in Cyber Crime losses so far in 2024
A recent report from the FBI’s Internet Crime Complaint Center (IC3) reveals a significant surge in cyber-crime losses in the first half of 2024. From January to May 2024, the United States experienced $1.5 billion in cyber-crime losses—nearly double the $720 million reported during the same period last year. FBI security experts are struggling to […]
Data Entry Job Offers in Southeast Asia Could Be Cyber Crime Traps
In recent revelations by Indian police authorities collaborating with counterparts in Sri Lanka and Singapore, a disturbing trend has emerged: hacking syndicates are preying on unsuspecting graduates by enticing them with lucrative data entry positions in countries like Cambodia, Singapore, Bangkok, Malaysia, or Vietnam, only to coerce them into cybercrime activities. The modus operandi is […]
Indian government issues cyber crime alert in view of job offers
The Indian Ministry of External Affairs has issued a stern warning regarding a surge in cybercrime activities under the guise of fraudulent job offers. According to the government, a concerning number of young individuals are being enticed with false promises of employment opportunities, only to find themselves coerced into criminal activities upon arrival in Cambodia. […]
Cybercrime in Scotland upsurges like an Epidemic
Scotland’s police have officially declared a troubling surge in cyber crime within their jurisdiction, indicating a doubling of incidents compared to the previous year. This alarming trend is expected to escalate further in the coming months. The proliferation of technologies such as ChatGPT, which are being harnessed by criminals for online fraud and financial scams, […]
Cyber Crime fraudsters to make £80m during Christmas 2022
Cyber Crime, also synonymously referred to as online fraud, is reported to surge in this Christmas 2022 festive season and so online users are reported to lose around £80 million pounds over the next 10-15 days. UK’s Labour party conducted a survey and revealed the above stated stats as facts and warned that the number […]
Man accused of stealing funds from banking firms through fraud
A man named Idris Dayo Mustapha, a 32-year-old UK citizen, has been accused of stealing funds from financial institutions in the United States from 2011 to 2018. The man has been charged by a New York court with unauthorized computer intrusion, security fraud, wire fraud, and other digital crimes that account for $5m in losses. […]
Hackers planting cyber crime evidence onto devices of innocent computer users
In what seems to be the first of its crime detected in the cyber history, hackers are seen planting cyber crime evidence on computers of innocent online users who aren’t aware of the activity taking place in the background. Interestingly, though the online user has no link with the crime, it was found that some […]
Ransomware hits Grandparents and TikTok Scams target young adults
According to a research conducted by Avast, grandparents aged between in 55 to 64 are being targeted mainly by those spreading ransomware, tech support scams, spyware and botnets. Whereas, the younger generation was being hit by TikTok scams that mainly spread malware, spyware, adware and data, stealing Trojans to mobiles. The reason the older and […]
China hosts most of the DDoS attacks says report
China has emerged as a top nation to host the highest number of Distributed Denial of Service (DDos) attacks in recent past and is also a leading nation to launch modern cyber warfare. A report released by A10 Networks, a US based company offering software and hardware related application delivery controllers stated that China has […]
