Cybercriminals news and trends

Anti-Ransomware Coalition Tells Hackers: We Won’t Pay
Security & Fraud // October 31, 2023

A 40-nation alliance reportedly plans to pledge to not to pay ransoms to cybercriminals. The U.S.-led International Counter Ransomware Initiative is making this promise amid a growing number of ransomware attacks, Reuters reported Tuesday (Oct. 31), following a White House press briefing. Anne Neuberger, deputy national security adviser in...

FTC Probes $200M Bitmark Crypto Hack
Regulation // August 11, 2022

In what is its first investigation into cryptocurrency markets, the Federal Trade Commission (FTC) is looking into the Bitmark currency exchange over the December 2021 hack that cost consumers $200 million. According to an FTC order filed Wednesday (Aug. 11), the agency denied a request...

Shutting The Front Door On Online Fraudsters
Fraud Prevention // April 09, 2020

Building a secure customer journey is always a bit of a balancing act. It has to be secure first and foremost, particularly when payments data is on the line. But it also has to be easy, fast and friction-free — now more than ever as...

FBI Helps Businesses Outwit Fraudsters By Deploying Decoy Data
Security & Fraud // December 23, 2019

The Federal Bureau of Investigation is working firsthand with companies to outsmart cybercriminals by deploying decoy data, Ars Technica reported on Friday (Dec. 20). The FBI program IDLE (Illicit Data Loss Exploitation) has companies plant decoy data as a way to confuse thieves looking to...

Interviews & Exclusives
Shutting The Front Door On Online Fraudsters

April 09, 2020
Building a secure customer journey is always a bit of a balancing act. It has to be secure first and foremost, particularly when payments data is on the line. But it also has to be easy, fast and friction-free — now more than ever as a mass of consumers are moving their shopping, dining, working […]

Why AI Is Social Media Fraud’s New Best Friend

July 05, 2019
It can be difficult these days to remember the almost idyllic promise of social media when it first entered the general consumer consciousness. That’s not to tempt one into nostalgia,...

The Chipotle Hack And The Troubling Trend Of Credential Stuffing

April 24, 2019
The news out of Chipotle feels a bit like déjà vu, as it’s a story we’ve all heard before. Reports have appeared all over social media, particularly via Reddit and...

InfoSec CTO: How To Improve The Privacy IQ Of Smart Devices

January 04, 2019
When it comes to the world of cybercrime touching the connected smart devices that consumers are increasingly using, it is easy to come across some disconcerting thoughts. Unlike fraud that...

Quick Reads
Thailand Seizes Assets Tied to Massive FBI Botnet Case

June 02, 2024
Thailand is reportedly investigating $27.2 million that an alleged hacker funneled into the country. Wang YunHe and other co-conspirators had purchased properties and shares of several companies, Bloomberg News reported Saturday (June 1), describing Wang as a “superhacker.” The report, citing information from the Thai Central Investigation Bureau, said that agency — working with American […]

Anti-Ransomware Coalition Tells Hackers: We Won’t Pay

October 31, 2023
A 40-nation alliance reportedly plans to pledge to not to pay ransoms to cybercriminals. The U.S.-led International Counter Ransomware Initiative is making this promise amid a growing number of ransomware attacks, Reuters reported Tuesday...

FTC Probes $200M Bitmark Crypto Hack

August 11, 2022
In what is its first investigation into cryptocurrency markets, the Federal Trade Commission (FTC) is looking into the Bitmark currency exchange over the December 2021 hack that cost consumers $200...

FBI Helps Businesses Outwit Fraudsters By Deploying Decoy Data

December 23, 2019
The Federal Bureau of Investigation is working firsthand with companies to outsmart cybercriminals by deploying decoy data, Ars Technica reported on Friday (Dec. 20). The FBI program IDLE (Illicit Data...