united states
North Korean IT worker army expands operations in Europe
North Korea’s IT workers have expanded operations beyond the United States and are now increasingly targeting organizations across Europe. Also referred to as “IT warriors,” they hide their true identities and pose as workers based in other countries by connecting via laptop farms to fraudulently secure positions as remote freelance IT employees at companies worldwide […]
U.S. seized $8.2 million in crypto linked to ‘Romance Baiting’ scams
The U.S. Department of Justice (DOJ) has seized over $8.2 million worth of USDT (Tether) cryptocurrency that was stolen via ‘romance baiting’ scams. Previously referred to as ‘pig butchering,’ in this type of financial fraud victims are manipulated into making investments on fraudulent websites/apps that showcase massive returns. Convinced they’re making a profit, the victims invest […]
23andMe files for bankruptcy, customers advised to delete DNA data
California-based genetic testing provider 23andMe has filed for Chapter 11 bankruptcy and plans to sell its assets following years of financial struggles. 23andMe has been providing direct-to-consumer DNA testing services since November 2007 to customers who send a saliva sample and receive a report on their ancestry and genetic predispositions. Since then, 23andMe has sold over […]
Click Profit blocked by the FTC over alleged e-commerce scams
The US Federal Trade Commission (FTC) has taken action against the “Click Profit” business opportunity platform for allegedly earning $14 million while deceiving consumers with false promises of guaranteed passive income through online stores. Click Profit is an online business paltform promoted on social media and through websites that claims to help consumers generate passive income […]
Suspected LockBit ransomware dev extradited to United States
A dual Russian-Israeli national, suspected of being a key developer for the LockBit ransomware operation, has been extradited to the United States to face charges. Rostislav Panev, 51, was arrested in Israel last August, where police reportedly found incriminating evidence on his laptop. This included credentials for LockBit’s internal control panel and a repository containing […]
CISA: Medusa ransomware hit over 300 critical infrastructure orgs
CISA says the Medusa ransomware operation has impacted over 300 organizations in critical infrastructure sectors in the United States until last month. This was revealed in a joint advisory issued today in coordination with the Federal Bureau of Investigation (FBI) and the Multi-State Information Sharing and Analysis Center (MS-ISAC). “As of February 2025, Medusa developers and affiliates […]
PowerSchool previously hacked in August, months before data breach
PowerSchool has published a long-awaited CrowdStrike investigation into its massive December 2024 data breach, which determined that the company was previously hacked over 4 months earlier, in August, and then again in September. PowerSchool is a cloud-based K-12 software provider serving over 60 million students and 18,000 customers worldwide, offering enrollment, communication, attendance, staff management, learning, […]
US govt says Americans lost record $12.5 billion to fraud in 2024
The U.S. Federal Trade Commission (FTC) said today that Americans lost a record $12.5 billion to fraud last year, a 25% increase over the previous year. Consumers reported that investment scams resulted in the highest losses, totaling around $5.7 billion with a median loss of over $9,000 and exceeding all other fraud categories. The second […]
Employee charged with stealing unreleased movies, sharing them online
A Memphis man was arrested and charged with stealing DVD and Blu-ray discs of unreleased movies and sharing ripped digital copies online before their release. 37-year-old Steven R. Hale worked for an unnamed multinational company used by major movie studios that manufactured and distributed DVDs and Blu-rays of movies. Between February 2021 and March 2022, Hale […]