Cybercrime

Cybercrime, or computer-oriented crime, is a crime that involves a computer and a network. The computer may have been used in the commission of a crime, or it may be the target.

Source: en.wikipedia.org

Secret Service: Chinese Hackers Swiped $20M in COVID Relief Funds

Secret Service: Chinese Hackers Swiped $20M in COVID Relief Funds
Secret Service: Chinese Hackers Swiped $20M in COVID Relief Funds
December 06, 2022  |  Fraud Prevention

Federal authorities say Chinese hackers have stolen $20 million in COVID relief money since 2020. The U.S. Secret Service has identified the group behind the...

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DOJ Charges 21 in Cross-Border Crypto Money Laundering Network
DOJ Charges 21 in Cross-Border Crypto Money Laundering Network
November 30, 2022  |  Cryptocurrency

Twenty-one people have been charged with using cryptocurrency to launder money stolen through fraud schemes.  The individuals were involved with transnational money laundering networks that...

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One-Third of Cybercrime Losses Stem From Compromised Business Email
One-Third of Cybercrime Losses Stem From Compromised Business Email
November 03, 2022  |  B2B Payments

When criminals impersonate company executives or business partners to deceive employees into diverting funds their way, that’s business email compromise (BEC). It is also the...

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Interpol Now Trains Crimefighters in the Industrial Metaverse
Interpol Now Trains Crimefighters in the Industrial Metaverse
October 24, 2022  |  Metaverse

Interpol is bringing crimefighting to an industrial metaverse it believes will let it better train law enforcement officers from around the world on everything from...

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Hackers Exploit Ethereum Address Weakness, Grab Nearly $1M
Hackers Exploit Ethereum Address Weakness, Grab Nearly $1M
September 26, 2022  |  Cryptocurrency

Around $950,000 in cryptocurrency has been stolen from an Ethereum address, exploiting a vulnerability similar to another recent attack on market maker Wintermute that took...

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DOJ Asks Congress for Tools to Limit NFT Money-Laundering Risk
DOJ Asks Congress for Tools to Limit NFT Money-Laundering Risk
September 22, 2022  |  Cybersecurity

Down at the very bottom of the crypto crime report the Justice Department issued last week was a request that could make it a lot...

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Justice Department Seeks Congressional Green Light for Faster Crypto Investigations
Justice Department Seeks Congressional Green Light for Faster Crypto Investigations
September 21, 2022  |  Cryptocurrency

Not only does the U.S. Department of Justice want crypto criminals who violate money transmitter licensing laws to spend more time in jail, but it...

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Secure Payments in the Metaverse Will Lean on Banking Experience, Technology
Secure Payments in the Metaverse Will Lean on Banking Experience, Technology
September 02, 2022  |  Fraud Prevention

The possibilities of Web3 are becoming increasingly apparent. This newest iteration of the internet will feature a strong emphasis on decentralized applications, heavy use of...

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