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Showing 20 most recent headlines of 73 Filtered view

Cops bust latest scam, return $12m to bilked victims US, UK, and Canadian law enforcement Thursday said that they disrupted a $45 million global cryptocurrency scam, freezing $12 million in stolen funds and identifying more than 20,000 cryptocurrency wallet addresses linked to fraud victims across 30 countries.…

Bank Info Security 6 months, 3 weeks ago

Regulators Focused Mostly on Fraud Prevention in 2025

Little Progress Made to Mandate Customer Reimbursement for Financial ScamsFinancial scams and synthetic identity fraud showed no signs of slowing in 2025, as regulators focused on fraud prevention over reimbursement for victims. But some countries joined the United Kingdom in advancing new anti-scam measures that focus on prevention and industry accountability.

Bank Info Security 6 months, 4 weeks ago

Cryptohack Roundup: Season's Greetings With SantaStealer

Also: Terra Founder Do Kwon Sentenced to 15 Years in PrisonThis week, SantaStealer resurfaced as an infostealer, police took down a crypto platform accused of money laundering, Terra founder Do Kwon sentenced, Bitcoin Rodney faced fraud and money laundering charges. The United Kingdom may regulate crypto by 2027 and Binance warned of fake listing agents.

Bank Info Security 7 months, 3 weeks ago

Cryptohack Roundup: WLF Scrambles to Secure User Funds

Also: UK Fraud Investigators Make Arrests in $28M Basis Markets Rug-Pull ProbeThis week, World Liberty Financial scrambles to secure user funds, the U.K.'s Serious Fraud Office arrests two people over a $28M Basis Markets rug-pull probe, a Gana Payment hack drains $3.1M and Crypto Dispensers weighs a $100M sale following money-laundering charges against its CEO.

Bank Info Security 9 months, 3 weeks ago

US Extradition of Alleged RaidForums Admin Is Stuck in Limbo

UK High Court Overturns Home Office Request to Extradite Diogo Santos CoelhoThe U.K. High Court of Justice on Sep. 11 overturned a Home Office request to extradite a Portuguese national and an alleged administrator of RaidForums who is wanted in the United States on charges of device fraud and aggravated identity theft charges.

Also: Taiwan Charges 14 in $41M Fraud; 1,200 Arrested in Cybercrime BustThis week, a scammer posed as police to steal bitcon, Taiwan charged 14 in a $41M fraud case, U.S. regulators lifted a consent order on Anchorage Digital, U.S. federal prosecutors said "writing code" alone is not a crime and the U.S. Commodity Futures Trading Commission expanded crypto engagement.

Bank Info Security 10 months, 2 weeks ago

Cryptohack Roundup: Scammer Posing as UK Police Steals Bitcon

Also: Taiwan Charges 14 in $41M Fraud; 1,200 Arrested in Cybercrime BustThis week, a scammer posed as police to steal bitcon, Taiwan charged 14 in a $41M fraud case, U.S. regulators lifted a consent order on Anchorage Digital, U.S. federal prosecutors said "writing code" alone is not a crime and the U.S. Commodity Futures Trading Commission expanded crypto engagement.

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