Cybercrime

A man lost £3,250 in an elaborate 'Elon Musk' deepfake investment scam, tricked by a convincing AI-generated video promoting a fraudulent trading platform.

Investigation revealed that launching celebrity meme coins has become a way for insider token holders to dump their holdings when prices surge upon rollout, causing investors massive losses.

President Trump has pardoned Ross Ulbricht, creator of Silk Road. The platform allowed for the purchase of illegal drugs, stolen items and hacking services.

An investigation has revealed numerous Telegram groupchats discussing how to rape and drug women, exchanging pictures and live footage of their exploits.

Haliey Welch's team behind the HAWK token netted millions by manipulating lock-in periods for early investors and failing to give away tokens promised to her fans.

Hawk Tuah meme personality Haliey Welch faces criticism and potential legal consequences as investors lose money on the recently launched HAWK crypto token.

Brighton resident Des Healey fell for a deepfake Facebook advert of popular consumer finance expert Martin Lewis vouching for a non-existent Bitcoin investment scheme, supposedly endorsed by Elon Musk.

A former Disney employee has been accused of hacking the menu system, targeting employees, and causing potential harm to allergy sufferers.

A man's lookalike brother exploited SoFi's ID verification system to fraudulently secure a $52K loan in his name, only to lose the entire amount in a cryptocurrency scam.

Mark Cuban revealed how a receptionist embezzled $82,000 from his first company, MicroSolutions, a setback that nearly bankrupted the business and taught him critical lessons about handling employee theft.

A US company accidentally hired a North Korean remote IT worker who stole sensitive data and attempted to extort the company after being fired.

Alice Lin, a Southern California widow, is now leveraging new laws to win her case against JPMorgan for allowing fraudulent transactions despite multiple red flags.

National Public Data recently confirmed that it suffered a data breach involving Social Security numbers, names, email addresses, and phone numbers of millions of Americans.

The woman is exploring ways to recover her money after her ex-husband exploited their joint account to transfer her business savings to his personal accounts throughout the marriage. He didn't even spare her Visa business card.

With AI voice cloning scams on the rise, Banks like Starling Bank are warning people to be aware of the scam and take steps to protect themselves.

A former real estate agent and her husband lost $63,000 in a home-buying scam, depleting their retirement savings

The cybersecurity sector is poised for growth despite rising cybercrimes, geopolitical tensions and conflicts as governments and the private sector increasingly rely on the cloud for data storage and transfer.

Massive botnet infecting millions of computers taken down in international operation. US arrests mastermind behind $5.9B COVID fraud scheme.

Deepfake scam tricks an Arup employee, leading to millions lost. Tech giant warns of rising cyberattack threat and urges vigilance.

In 2023, the US Federal Trade Commission reported that there were around 2.6 million fraud reports made, totalling to a shocking $10 billion lost.

NCA with other international organisations seized control of LockBit ransomware's technical infrastructure, aiming to diminish its threat to the UK and the world.

A new AI regulation white paper has called for strict changes AI regulatory framework including supporting UK regulators with £100 million in funding to develop technical systems to monitor AI systems.

The comprehensive deal covers over 220,000 devices used by MOD personnel globally, with the primary goal of improving performance standards and access speed across laptops, desktops, peripherals and software applications.

The advisory details the sophisticated techniques and tactics employed by DPRK state-linked hackers in carrying out software supply chain attacks, urging organizations worldwide to enhance their cybersecurity measures.

G Data malware analyst Anna Lvova highlighted the distinctive nature of ZPAQ, citing its superior compression ratio and journaling functionality compared to more commonly used formats like ZIP and RAR.

Welsh company Owens Group was the victim of a devastating breach, culminating in the exposure of its confidential data on Lockbit's shadowy domain on the "dark web".

Poll also found that young people were most likely to be affected by online fraud, even though half of those questioned believed the elderly were most at risk.

Following a joint investigation that was led by the National Crime Agency, the UK and US have revealed the identities of several Conti and Trickbot members.

The UN Human Rights Council say that abolishing gender-based violence will help improve the representation of women in leading positions.

BBC, British Airways and other firms face potential data breaches as the Clop ransomware group exploits a vulnerability in popular file transfer software.