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Bots are now firmly in the toolbox, helping crooks scale old scams Crims are taking advantage of AI to sharpen old scams. The FBI reported Monday that cybercrime losses hit a record $20.87 billion in 2025, with help from bots.…
Advocate General urges rethink of PSD2 to speed compensation after scams Analysis One of the European Union's top legal advisors is trying to change how banks treat cybercrime victims – meaning they could enjoy greater financial protections sooner than expected.…
Crypto mines, BEC scams, fake passports, and a $300M fraud empire allegedly brought down during Serengeti 2.0 Interpol's latest clampdown on cybercrime resulted in 1,209 arrests across the African continent, from ransomware crooks to business email compromise (BEC) scammers, the agency says.…
Elderly people report the greatest losses The FBI just dropped its annual report examining the costs of crypto-related cybercrime, painting a predictably grim picture as total losses in the US exceeded $5.6 billion in 2023 – a 45 percent year-on-year increase.…
Timor-Leste is a known cybercrime hotspot Two days is all it took for Interpol to recover more than $40 million worth of stolen funds in a recent business email compromise (BEC) heist, the international cop shop said this week.…
Latest figures paint grim picture of how viciously the elderly are targeted The FBI says investment fraud was the form of cybercrime that incurred the greatest financial loss for Americans last year.…
.SBS gTLD once owned by Australian broadcaster is another source of strife Scammers are buying up cheap domain names to host sites that sell dodgy health products using fake articles, according to cybercrime disruption outfit Netcraft.…
‘Inaccessible and autonomous armed group territories’ host crooks who use tech to launder cash, run slave scam gangs, and more Global crime networks have set up shop in autonomous territories run by armed gangs across Southeast Asia, and are using them to host physical and online casinos that, in concert with crypto exchanges, have led to an explosion of money laundering, cyberfraud, and cybercrime across the region and beyond.…
Cops credit security shops with an assist, tho it's a drop in the ocean An Interpol-led operation arrested 14 suspects and identified 20,674 "suspicious" networks spanning 25 African countries that international cops have linked to more than $40 million in cybercrime losses.…
If the price looks too good to be true, it probably is Ukrainian cops have arrested two suspects and detained 10 others for their alleged roles in a cybercrime gang that used phishing scams and phony online marketplaces to steal more than $4.3 million from over 1,000 victims across Europe.…
Lured by fake jobs, victims are isolated abroad and forced to carry out crypto, romance scams and more Authorities in Sihanoukville, Cambodia announced on Sunday that a raid last week uncovered evidence of forced labor cybercrime syndicates that participated in human trafficking and torture.…
Authorities also bust a shell company scam operation with links to the Middle Kingdom Chinese scammers have reportedly stolen a whopping $529 million dollars from Indian residents using instant lending apps, lures of part-time jobs, and bogus cryptocurrency trading schemes, according to the cyber crime unit in the state of Uttar Pradesh.…
Victims lured into handing over online banking logins, police say Europol cops have arrested nine suspected members of a cybercrime ring involved in phishing, internet scams, and money laundering.…