01 Aug, 2026

FBI: Americans lost a record $21 billion to cybercrime last year

U.S. victims lost nearly $21 billion to cyber-enabled crimes last year, driven primarily by investment scams, business email compromise, tech support fraud, and data breaches, the Federal Bureau of Investigation says. The figure continues the year-over-year record trend as it is up 26% compared to 2024, when Americans lost $16.6 billion to cybercrime. A similar uptick was recorded […]

2 mins read

Microsoft links Medusa ransomware affiliate to zero-day attacks

Microsoft says that Storm-1175, a China-based financially motivated cybercriminal group known for deploying Medusa ransomware payloads, has been deploying n-day and zero-day exploits in high-velocity attacks. This cybercrime gang quickly shifts to targeting new security vulnerabilities to gain access to its victims’ networks, weaponizing some of them within a day and, in some cases, exploiting […]

2 mins read

Russia arrests suspected owner of LeakBase cybercrime forum

Russian police in the Rostov region arrested a Taganrog resident believed to be the owner and administrator of LeakBase, a major online forum used by cybercriminals to buy and sell stolen data and hacking tools. According to a report from the Russian state-owned news agency TASS, Russian Ministry of Internal Affairs spokesperson Irina Volk, who […]

2 mins read

Manager of botnet used in ransomware attacks gets 2 years in prison

A Russian national has been sentenced to two years in prison after admitting that the phishing botnet he managed was used to launch BitPaymer ransomware attacks against 72 U.S. companies. According to court documents, 40-year-old Ilya Angelov (who used the “milan” and “okart” online handles) decided to travel to the United States to plead guilty and […]

3 mins read

Tycoon2FA phishing platform returns after recent police disruption

The Tycoon2FA phishing-as-a-service (PhaaS) platform that Europol and partners disrupted on March 4 has already returned to previously observed activity levels. Microsoft led the technical disruption, which involved seizing 330 domains part of Tycoon2FA’s backbone infrastructure that included control panels and phishing pages used in attacks. However, the disruption caused by the law enforcement was short-lived, as […]

2 mins read

Police sinkholes 45,000 IP addresses in cybercrime crackdown

An international law enforcement action codenamed “Operation Synergia III” has sinkholed tens of thousands of IP addresses and seized servers linked to cybercrime operations worldwide. During this Interpol-led operation, which took place between July 2025 and January 2026, authorities from 72 countries have seized 212 electronic devices and servers and made 94 arrests, with another […]

2 mins read

Phobos ransomware admin pleads guilty to wire fraud conspiracy

A Russian national pleaded guilty to a wire fraud conspiracy charge related to his role in administering the Phobos ransomware operation, which breached hundreds of victims worldwide. Phobos is a long-running ransomware-as-a-service (RaaS) operation linked to the Crysis ransomware family. Phobos has been widely distributed through many affiliates, accounting for roughly 11% of all submissions to the ID […]

3 mins read

FBI seizes LeakBase cybercrime forum, data of 142,000 members

The FBI has seized the LeakBase cybercrime forum, a major online forum used by cybercriminals buy and sell hacking tools and stolen data. This seizure action is part of an international joint operation coordinated by Europol, known as “Operation Leak,” that involved law enforcement agencies in 14 countries. On March 3 and 4, the FBI […]

2 mins read

Europol-led crackdown on The Com hackers leads to 30 arrests

A yearlong Europol-coordinated operation dubbed “Project Compass” has led to 30 arrests and 179 suspects being tied to “The Com,” an online cybercrime collective that targets children and teenagers. In a press release issued on Thursday, Europol said that investigators identified 62 victims and directly safeguarded four of them from the group’s attacks. Launched in […]

2 mins read

1Campaign platform helps malicious Google ads evade detection

A newly identified cybercrime service known as 1Campaign is enabling threat actors to run malicious Google Ads that remain online for extended periods while evading scrutiny from security researchers. 1Campaign is a cloaking service that passes Google’s screening process and shows malicious content only to real potential victims. Security researchers and automated scanners are served […]

3 mins read