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North Korea's gross domestic product (GDP) has grown, in part because of the nation's state-sponsored cybercrime groups, which target financial firms and other businesses.
Firms cooperating with cybercrime syndicates in Burma and Cambodia face sanctions by the US government and enforcement actions by China, but the scams continue to grow.
The convergence of cybercrime, financial fraud, and organized crime poses a significant threat, especially where these syndicates excel at operating under the radar.
A sophisticated social engineering cybercrime campaign bent on financial gain was observed being run from Tencent servers in Singapore.
The Eastern European group is actively expanding its financial fraud activities, with its pipelines representing a veritable Silk Road for the transfer of cryptocurrency, and lucrative and exploitable data.
Greater collaboration between financial and law enforcement officials is needed to dismantle cybercrime scam centers in Cambodia, Laos, and Myanmar, which rake in tens of billions of dollars annually — and affect victims worldwide.
With a complex attack chain and using Telegram for its command and control, CoralRaider targets victims in Asian countries — and appears to have accidentally infected itself as well.
An economic success story in Asia, Vietnam is seeing more manufacturing and more business investment. But with that comes a significant uptick in cybercrime as well.
Brasileiro cybercrime has been on the rise. Now, one campaign targeting bank customers has reached beyond the Americas, into Europe.
The impact of fraud on a victim's health and well-being can be more painful than the financial loss.
In a rare mix of motivations, the cyberattack group has been linked to both financial cybercrime and political spying efforts on governments.
A campaign against customers of Portuguese banks uses a capable financial malware strain dubbed PeepingTitle, written in the Delphi programming language.
An emerging, illicit marketplace proves that financial cybercrime is still on the rise, with a need for countries to collectively put safeguards in place.
The complex nature of cyberattacks has increased demand for software developers, reverse engineers, and offensive specialists — attracting workers facing financial insecurity.
The Vietnam-based financial cybercrime operation's primary goal is to push out fraudulent ads via compromised business accounts.