Latest cybersecurity reporting from selected sources.

German-led policing effort against fraud operation disrupts countless CSAM and cybercrime sites

German Payment Processor Insiders Accused of Laundering Fake Subscription ProceedsPolice have arrested 18 suspects as part of a global crackdown targeting fraud and money laundering networks tied to the theft of $345 million by using 4.3 million cardholders' stolen data to sign them up to fake dating, pornography or streaming sites that billed monthly.

Nine people have been arrested in connection with a coordinated law enforcement operation that targeted a cryptocurrency money laundering network that defrauded victims of €600 million (~$688 million)

Law enforcement authorities in Europe have arrested five suspects in connection with an "elaborate" online investment fraud scheme that stole more than €100 million ($118 million) from over 100 victims in France, Germany, Italy, and Spain

US payments platform back in action, says it's informing affected customers Shoppers and merchants in Germany found themselves dealing with billions of euros in frozen transactions this week, thanks to an apparent failure in PayPal's fraud-detection systems.…

Inside North Korea’s IT Scam Network Now Shifting to EuropeNorth Koreans posing as remote IT workers have spread to Europe, where one Pyongyang fraudster assumed at least 12 personas to target companies in Germany, Portugal and the United Kingdom. Western companies have grappled for years with the prospect of unintentionally hiring a North Korean national.

Europol on Thursday announced the shutdown of a clearnet marketplace called Manson Market that facilitated online fraud on a large scale

A new Android malware campaign has been observed pushing the Anatsa banking trojan to target banking customers in the U.S., U.K., Germany, Austria, and Switzerland since the start of March 2023

Germany's Bundeskriminalamt (BKA), the country's federal criminal police, carried out raids on the homes of three individuals yesterday suspected of orchestrating large-scale phishing campaigns that defrauded internet users of €4,000,000. [...]

An analysis of the mobile threat landscape in 2022 shows that Spain and Turkey are the most targeted countries for malware campaigns, even as a mix of new and existing banking trojans are increasingly targeting Android devices to conduct on-device fraud (ODF)