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Persistent cybercrime, social engineering, and infrastructure threats continue to plague the FIFA 2026 World Cup across the US, Canada, and Mexico.
Financial regulators in Canada this week levied $176 million in fines against Cryptomus, a digital payments platform that supports dozens of Russian cryptocurrency exchanges and websites hawking cybercrime services. The penalties for violating Canada's anti money-laundering laws come ten months after KrebsOnSecurity noted that Cryptomus's Vancouver street address was home to dozens of foreign currency dealers, money transfer businesses, and cryptocurrency exchanges — none of which were physically located there.
A financial firm registered in Canada has emerged as the payment processor for dozens of Russian cryptocurrency exchanges and websites hawking cybercrime services aimed at Russian-speaking customers, new research finds. Meanwhile, an investigation into the Vancouver street address used by this company shows it is home to dozens of foreign currency dealers, money transfer businesses, and cryptocurrency exchanges -- none of which are physically located there.
Also: U.S. Healthcare Cyber Bill, Insights from ISMG's Canada SummitIn the latest weekly update, ISMG editors discussed recent international law enforcement efforts against Russian cybercrime organizations, the latest U.S. cybersecurity bill aimed at protecting the healthcare sector and key takeaways from ISMG's Canada Summit.
Canadian said to have turned to a life of cybercrime during pandemic, now must pay the price – literally A LockBit ransomware kingpin has been sentenced to almost four years behind bars and ordered to pay more than CA$860,000 ($635,000, £500,000) in restitution to some of his victims by a Canadian court as he awaits extradition to the US.…
The Phishing as a Service (PhaaS) platform 'LabHost' has been helping cybercriminals target North American banks, particularly financial institutes in Canada, causing a notable increase in activity. [...]
Ukraine's cyber police arrested a 31-year-old for running a cybercrime operation that gained access to bank accounts of American and Canadian users and sold it on the dark web. [...]
Neighboring countries meet to discuss how to combat cyber threats bilaterally