Hundreds arrested after police crack encrypted chat network

European police infiltrate EncroChat, go on to crack down on crime kingpins and seize guns, drugs, cars and millions in cash. Law enforcement agencies in Europe recently cracked an instant messaging system used by organized crime before the ensuing police operation ultimately led to the arrests of more than 800 suspected criminals, mostly in the … More Hundreds arrested after police crack encrypted chat network

FBI: Cybercrime losses tripled over the last 5 years

On the upside, the Bureau recovered more than US$300 million in funds lost to online scams last year. In 2019, the United States’ Federal Bureau of Investigation (FBI) received more than 467,000 cybercrime complaints that caused an estimated US$3.5 billion in losses, according to the Bureau’s annual 2019 Internet Crime Report (IC3). Last year saw both the … More FBI: Cybercrime losses tripled over the last 5 years

Next Generation Dark Markets? Think Amazon or eBay for criminals

The “evolution” of these markets is making cybercrime easier than ever before. Are you in the market for stolen data? How about some tools to help you steal data or make money by hijacking other people’s computers? Well you’re in luck. It is now easier than ever to engage in cybercrime thanks to “next generation” … More Next Generation Dark Markets? Think Amazon or eBay for criminals

Inmates hack prison tablets for free credits

The nature of the vulnerability hasn’t been disclosed, but is said to have already been identified and fixed. Several hundred inmates at five prisons in the northwestern US state of Idaho have exploited a software vulnerability in their “prison-specific” tablets to transfer $225,000 worth of digital credits to their virtual accounts, according to a BBC report. … More Inmates hack prison tablets for free credits