electronic fraud (Page 2)

After issuing a Red Notice at the request of the Beijing Police, Interpol confirmed the arrest of a Chinese national allegedly in charge of a fraudulent investment scheme. The 46-year-oldRead More →

Deus Finance, a well-known decentralized finance (DeFi) platform has confirmed that a threat actor managed to steal millions of dollars in cryptocurrency from its systems overnight on Wednesday. The confirmationRead More →

A couple of months ago, the U.S. National Credit Union Administration (NCUA) issued a report asking thrift cooperatives to take proactive measures in the face of potential cybersecurity threats, asRead More →

A few months ago, specialists from the security firm ThreatFabric reported the detection of a new malware variant for Android devices. Identified as Coper, this malware family appeared to beRead More →

Turkish authorities are seeking to issue a sentence of more than 40,000 years in prison against 21 individuals accused of operating Thodex, a now-inactive fraudulent cryptocurrency exchange platform. An investigationRead More →

The Federal Bureau of Investigation (FBI) has deployed multiple operations against business email compromise (BEC) schemes, employed by threat actors primarily to divert legitimate bank transfers made between companies. TheRead More →

Hundreds of Verizon customers report receiving text messages that appear to have been sent from their own phone numbers regarding a payment from their line. Apparently, the messages notified theRead More →

Law enforcement agencies in Latvia and Lithuania, in collaboration with Europol and Eurojust, arrested more than 100 people allegedly involved in the operation of a fraudulent call center network withRead More →

In an unexpected decision, the UK’s Financial Conduct Authority (FCA) has determined that all active cryptocurrency ATMs in its territory are operating illegally and will need to close in theRead More →