Local Police Collusion Hampers Crackdown on Asian Scam Centers
With tens of billions of dollars flowing into regional economies from cybercrime, scam centers continue to flourish, despite international and law-enforcement efforts.
Scams use deception to steal money, credentials, or sensitive data, making them a cybersecurity risk for individuals and organizations.
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Background for this topic.
Scams are deceptive schemes intended to make people surrender money, credentials, sensitive information, or access. In information security, they commonly use phishing messages, impersonation, fraudulent websites, business-email compromise, fake technical support, or malicious attachments. Their defining feature is manipulation: the attacker creates a credible pretext and pressures the target to act before verifying the request.
Security teams should treat scams as an attack surface spanning email, messaging, telephone calls, social media, and payment workflows. Material risks include account takeover through stolen credentials, unauthorized payments, disclosure of personal or company data, and malware execution from deceptive content. Useful controls include phishing-resistant authentication, secure payment-change procedures with independent verification, filtering and domain protections, user training focused on reporting, and rapid review of suspicious messages or transactions. Incident handling may require revoking sessions, resetting credentials, contacting financial institutions, preserving evidence, and notifying affected parties where applicable.
With tens of billions of dollars flowing into regional economies from cybercrime, scam centers continue to flourish, despite international and law-enforcement efforts.
The U.S. Department of Justice (DoJ) on Tuesday announced the seizure of a cloud computing account put to use by subsidiaries of Cambodia-based corporate conglomerate HuiOne Group, as the Treasury unveiled fresh sanctions against nine individuals and 26 entities linked to Prince Group
lso Tuesday, the Treasury Department took action against the same Cambodian company, Huione Group, and affiliates. The post Justice Department seizes infrastructure used by cyber scam and criminal marketplace appeared first on CyberScoop.
Cybercriminals launch fake GTA 6 pre-order sites offering early access for crypto payments
A new report from INTERPOL has revealed a "dramatic increase" in cybercrime in Asia and the South Pacific, fueled by rapid digitalization, internet penetration, new technologies, organized criminal networks, and a disparity in cybersecurity maturity