Tag

Cybercrime

All articles tagged with #cybercrime

FBI Warns of Rampant ATM Jackpotting Causing $20 Million Losses in 2025
security5 days ago

FBI Warns of Rampant ATM Jackpotting Causing $20 Million Losses in 2025

The FBI warns that ATM jackpotting incidents have surged since 2020, with about 1,900 incidents reported and roughly 700 in the most recent year, costing more than $20 million in 2025; the DoJ cites about $40.7 million in losses since 2021. Attackers deploy malware such as Ploutus to bypass ATM security and dispense cash through the XFS layer, often after physically accessing the machine or swapping its hard drive. Mitigations include stronger physical security, cameras, changing default credentials, automatic shutdown on compromise, device allowlisting, and comprehensive logging.

Tracking Predators in the Dark Web: An Agent's Burdened Fight to Protect Children
world9 days ago

Tracking Predators in the Dark Web: An Agent's Burdened Fight to Protect Children

An undercover Homeland Security investigator, Greg Squire, spends years infiltrating dark-web paedophile networks to identify offenders and rescue victims, with the BBC’s Storyville: The Darkest Web documenting the high-stakes, emotionally taxing work. The film traces breakthroughs like the Lucy case and a 2020 operation against a predator known as LBO, showing how a handful of agents worldwide triage endless leads while attackers grow younger and more organized. The job exacts a personal toll—marital strain, alcohol use, trauma—but officials argue the effort is essential for protecting children and spurring public vigilance and resources, while warning against vigilante action.

technology11 days ago

AI-Powered Romance Scams Net Billions for Global Cybercrime Rings

AI-powered romance scams are expanding globally, with fake online identities, deepfakes and voice cloning helping scammers lure victims into relationships before stealing money or data; FBI data show Americans lost over $16 billion to cybercrime in 2024, and offenses are often run from overseas centers. Authorities have launched sanctions and the Scam Center Strike Force to disrupt networks, while experts urge vigilance for rapid intimacy, secrecy, and pressure that signal potential fraud.

France raids X offices over Grok AI probe into deepfakes and antisemitic content
technology23 days ago

France raids X offices over Grok AI probe into deepfakes and antisemitic content

French prosecutors raided X's Paris offices as part of a criminal probe into the Grok AI chatbot, examining sexually explicit deepfakes, the distribution of child sexual abuse material, and Holocaust-denial content; Elon Musk and Linda Yaccarino have been summoned for voluntary interviews, with Europol assisting, as authorities seek to ensure X complies with French law.

Paris raids X HQ as probe widens to AI tool Grok
technology23 days ago

Paris raids X HQ as probe widens to AI tool Grok

French prosecutors, aided by Europol, raided X's Paris headquarters and summoned Elon Musk and Linda Yaccarino for questioning as part of a widening cybercrime probe that now covers alleged algorithm abuse, data extraction and Grok, the platform's AI tool; potential charges include illegal data processing and the distribution of illegal content such as child abuse imagery and deepfakes. X denies wrongdoing and says the probe is politically motivated, while authorities seek to ensure compliance with French law.

Paris raids target Musk's X offices as Grok deepfake probe widens
world23 days ago

Paris raids target Musk's X offices as Grok deepfake probe widens

Paris prosecutors, with the cybercrime unit and Europol, raided the French offices of Elon Musk's X as part of a long-running investigation; Musk and X's Linda Yaccarino were summoned to April hearings and X employees will testify as witnesses. The inquiry, which began with suspected algorithm abuses, has broadened to Grok's sexualized deepfake content, as the EU opens a probe into X's Grok and the company has since barred some Grok users from generating explicit images.

Victims unite to prosecute Cambodia-based Korean-language scam ring
world1 month ago

Victims unite to prosecute Cambodia-based Korean-language scam ring

CNN’s investigation shows hundreds of South Koreans coerced into Cambodia-based scam compounds run by Chinese networks, where workers execute romance- and stock‑investment schemes. Dex, who escaped, joined fellow victims in pressuring authorities to prosecute ringleaders, aiding a broader probe that led to multiple arrests and the repatriation of two ringleaders; more than 860 Koreans were defrauded for about $33 million. The case highlights a global fraud network with ongoing efforts to trace funds and extradite remaining leaders.

Pakistan court jails lawyer couple over social-media posts linked to outlawed groups
world1 month ago

Pakistan court jails lawyer couple over social-media posts linked to outlawed groups

An Islamabad sessions court sentenced lawyer Imaan Zainab Mazari-Hazir and her husband Hadi Ali Chattha to a total of 17 years in prison on multiple sections of the Prevention of Electronic Crimes Act (Peca) for social-media posts praising proscribed groups (BLA, TTP) and alleging state wrongdoing. The punishments—five years under Sec. 9 with Rs5m fines each, ten years under Sec. 10 with Rs30m fines each, and two years under Sec. 26-A with Rs1m fines each—are to run concurrently, with further jail time if fines are not paid. The couple, in custody at Adiala jail, faced criticism from rights groups over perceived suppression of dissent, while officials defended the trial.

Being your own bank can backfire: the rise of personal crypto theft
technology1 month ago

Being your own bank can backfire: the rise of personal crypto theft

BBC InDepth reports that personal crypto theft surged to about $713 million in 2024–25 as ownership climbs; attackers use hacks, scams, social engineering, and even wrench attacks to target ordinary investors, often with self-custody wallets leaving victims unprotected and unrecoverable. High-profile cases—from a UK couple losing hundreds of thousands after a cloud-storage breach to networks of hackers and even North Korean actors profiting from crypto—illustrate the growing risk. Regulators note crypto is still largely unregulated in the UK, and experts urge stronger wallet security, features like geofencing, and better protections for everyday users.

Cybercrime Kingpin Arrested and Extradited from Cambodia to China
world1 month ago

Cybercrime Kingpin Arrested and Extradited from Cambodia to China

Chen Zhi, a Chinese-Cambodian tycoon linked to a large transnational criminal network involved in cryptocurrency scams and forced labor, was arrested in Cambodia and extradited to China, where he faces ongoing investigations. His operations, linked to Prince Group, have been sanctioned by the US and UK, with assets seized globally, highlighting the scale of Southeast Asia's scam industry and international cooperation efforts.