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Meta on Wednesday said it disabled over 150,000 accounts associated with scam centers in Southeast Asia as part of a coordinated effort in partnership with authorities from Thailand, the U.S., the U.K., Canada, Korea, Japan, Singapore, the Philippines, Australia, New Zealand, and Indonesia

Google said it's implementing a new policy requiring developers of cryptocurrency exchanges and wallets to obtain government licenses before publishing apps in 15 jurisdictions in order to "ensure a safe and compliant ecosystem for users." The policy applies to markets like Bahrain, Canada, Hong Kong, Indonesia, Israel, Japan, the Philippines, South Africa, South Korea, Switzerland, Thailand,

PLUS: Japan shifts to pre-emptive cyber-defense; Thailand cuts cords connecting scam camps; China to launch 'moon hopper' in 2026; and more! Asia In Brief Huawei chair Liang Hua last week told a conference in China that the company expects to meet its revenue targets for 2024, meaning it earned around ¥860 billion ($118.25 billion) – 22 percent growth compared to its 2023 result.…

Plus: SpaceX plans Vietnam investment; Yahoo! Japan content moderation secrets; LG offloads Chinese display factory; and more ASIA IN BRIEF It's not often The Register writes about a cryptocurrency outfit being on the right side of a scam or crime, but last week crypto exchange Binance claimed it helped Indian authorities to investigate a scam gaming app.…

Krebs on Security 2 years, 11 months ago

Karma Catches Up to Global Phishing Service 16Shop

You've probably never heard of "16Shop," but there's a good chance someone using it has tried to phish you. Last week, the international police organization INTERPOL said it had shuttered the notorious 16Shop, a popular phishing-as-a-service platform launched in 2017 that made it simple for even complete novices to conduct complex and convincing phishing scams. INTERPOL said authorities in Indonesia arrested the 21-year-old proprietor and one of his alleged facilitators, and that a third suspect was apprehended in Japan.