17 Jul, 2026

Money launderer accused of stealing seized crypto while in prison

A Bulgarian national has been charged with stealing $290,000 in government-seized cryptocurrency while serving 121 months in prison for helping launder millions stolen from American fraud victims. 53-year-old Rossen G. Iossifov appeared in federal court in the Eastern District of Kentucky this Wednesday on charges of removal of property to prevent seizure and conspiracy to […]

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Former ransomware negotiator gets 4 years for BlackCat attacks

A former employee of cybersecurity incident response company DigitalMint was sentenced to 70 months in prison for targeting U.S. companies in BlackCat (ALPHV) ransomware attacks. The FBI linked the BlackCat ransomware gang to more than 60 breaches between November 2021 and March 2022, adding in a separate advisory that the cybercrime group had collected at least $300 million […]

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AssuranceAmerica data breach exposes records of 6.9 million drivers

American insurance company AssuranceAmerica has disclosed a data breach impacting nearly 7 million drivers after attackers gained access to its systems earlier this year.  AssuranceAmerica operates through a network of over 9,500 independent agents and provides auto, renters, and commercial auto insurance coverage across 14 U.S. states. While the company has yet to publish a press […]

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Alleged Scattered Spider hacker extradited to the United States

A dual United States and Estonian citizen has been extradited to the U.S. to face charges alleging he was a member of the Scattered Spider hacking collective. 19-year-old Peter Stokes (who used the online handles “Bouquet,” “Spencer,” and “Jordan”) was arrested in Finland on April 10 while attempting to board a flight to Japan at Helsinki’s […]

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DHS confirms hackers breached HSIN info-sharing platform

The Department of Homeland Security is investigating a cyberattack that compromised the Homeland Security Information Network (HSIN), a sensitive information-sharing platform used by federal, state, local, and private-sector partners. The intrusion, first reported by Nextgov, was carried out by an unknown threat actor in recent weeks and is believed to have occurred sometime between late May […]

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Amazon fined $2.25M for withholding evidence from fraud victims

The U.S. Federal Trade Commission (FTC) says Amazon will pay a $2.25 million civil penalty to settle charges that it blocked identity theft victims’ access to transaction records. As alleged in a complaint filed with the Justice Department, Amazon failed to provide many fraud victims with records of fraudulent transactions made in their names, as […]

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NY man charged after harassing college student with AI-generated nudes

A New York man faces cyberstalking charges after allegedly sharing AI-generated nude images and fabricated racist messages using fake social media profiles to harass a Georgia college student. 21-year-old Anthony Belford was arraigned June 10 after a federal grand jury returned an indictment charging him with one count of cyberstalking. Belford and the victim had […]

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FTC warns of record $3.5 billion losses to imposter scams in 2025

The U.S. Federal Trade Commission (FTC) warned that Americans lost $3.5 billion to imposter scams in 2025, with reported losses nearly tripling since 2020. Imposter scams were also the most reported fraud category last year, accounting for nearly one in three fraud reports filed with the FTC. In these scams, the fraudsters reach victims through […]

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Man sent to prison for selling data of 7 millions elderly Americans

A North Carolina man was sentenced to more than 10 years in prison for selling the personal information of over 7 million elderly Americans to Jamaican scammers. 57-year-old Troy Murray (who used the Steve Dixon pseudonym) pleaded guilty in January 2026 to one count of conspiracy to commit wire fraud and was sentenced Thursday to […]

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US charges Google security engineer with Polymarket insider trading

A Google security engineer was charged with insider trading after winning $1.2 million using confidential company data to place bets on the cryptocurrency-based Polymarket decentralized prediction market. 36-year-old Michele Spagnuolo, an Italian citizen residing in Switzerland and a Google employee since 2014, appeared on Wednesday in the Southern District of New York. In parallel, the Commodity […]

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