Tag: fraud
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Microsoft shuts down RedVDS cybercrime subscription service tied to millions in fraud losses
Microsoft has announced a coordinated legal action in the United States and the United Kingdom to disrupt RedVDS, a global cybercrime subscription service tied to large-scale … First seen on helpnetsecurity.com Jump to article: www.helpnetsecurity.com/2026/01/15/microsoft-shuts-down-redvds-cybercrime-subscription-service/
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Microsoft, Law Enforcement Disrupt RedVDS Global Cybercrime Service
Microsoft and law enforcement agencies in Europe disrupted the operations of RedVDS, a global cybercrime service that sold cheap and disposable dedicated virtual servers to threat actors that used them to run BEC, phishing, and other fraud campaigns. The vendor now wants to shut down its payment networks and find the operators behind it. First…
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Microsoft disrupts RedVDS cybercrime platform behind $40 million in scam losses
Microsoft and law enforcement partners took down a popular cybercriminal subscription service called RedVDS that was used to enable more than $40 million in fraud losses in the United States alone. First seen on therecord.media Jump to article: therecord.media/microsoft-redvds-cybercrime-scam
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Impersonation Fraud Drives Record $17bn in Crypto Losses
Chainalysis estimates $17bn will be lost to crypto scams in 2025 as AI takes hold First seen on infosecurity-magazine.com Jump to article: www.infosecurity-magazine.com/news/impersonation-fraud-record-17bn/
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Facebook-Betrug: Angebliche MediaMarkt-Laptops für 4 Euro zielen auf Menschen ab 45
Tags: fraud4-Euro-Laptops für Menschen ab 40? Hinter angeblichen MediaMarkt-Angeboten steckt dreister Facebook-Betrug. First seen on tarnkappe.info Jump to article: tarnkappe.info/artikel/it-sicherheit/online-betrug/facebook-betrug-angebliche-mediamarkt-laptops-fuer-4-euro-zielen-auf-menschen-ab-45-325083.html
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How Cybercrime Markets Launder Breach Proceeds and What Security Teams Miss
Explore how cybercrime markets turn stolen data into laundered funds using dollar”‘pegged assets, mixers and exchanges-and why tracking BTC USDT price and stablecoin flows now matters for security, fraud and AML teams. First seen on hackread.com Jump to article: hackread.com/cybercrime-markets-stablecoins-launder-breach-proceeds/
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How Cybercrime Markets Launder Breach Proceeds and What Security Teams Miss
Explore how cybercrime markets turn stolen data into laundered funds using dollar”‘pegged assets, mixers and exchanges-and why tracking BTC USDT price and stablecoin flows now matters for security, fraud and AML teams. First seen on hackread.com Jump to article: hackread.com/cybercrime-markets-stablecoins-launder-breach-proceeds/
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Criminal Subscription Service Behind AI-Powered Cyber-Attacks Taken Out By Microsoft
RedVDS cyber-crime-as-a-service platform powering phishing, BEC attacks and other fraud has cost victims millions First seen on infosecurity-magazine.com Jump to article: www.infosecurity-magazine.com/news/criminal-subscription-service/
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Cyber Fraud Takes the Lead: What the Shift Away From Ransomware Signals for Enterprises
A new global assessment shows that cyber fraud has overtaken ransomware as the top cybersecurity concern for business leaders, driven by a sharp rise in phishing, business email compromise, and identity-based scams, according to the World Economic Forum. While ransomware continues to pose a serious risk, this shift highlights a critical change in attacker behavior.…
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Cybersecurity risk will accelerate this year, fueled in part by AI, says World Economic Forum
Tags: ai, attack, automation, business, ceo, ciso, control, country, cryptography, cyber, cybercrime, cybersecurity, data, detection, exploit, finance, framework, fraud, governance, healthcare, incident, infrastructure, international, middle-east, phishing, ransomware, resilience, risk, service, skills, software, strategy, supply-chain, technology, threat, tool, vulnerabilityAI is anticipated to be the most significant driver of change in cybersecurity in 2026, according to 94% of survey respondents;87% of respondents said AI-related vulnerabilities had increased in the past year. Other cyber risks that had increased were (in order) cyber-enabled fraud and phishing, supply chain disruption, and exploitation of software vulnerabilities;confidence in national cyber…
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RTX 5090 Amazon Betrug: Käufer erhalten Bauchtaschen statt Grafikkarten
RTX 5090 Amazon Betrug: Mindestens 42 Käufer bestellen eine Nvidia-Grafikkarte und erhalten stattdessen Bauchtaschen. First seen on tarnkappe.info Jump to article: tarnkappe.info/artikel/it-sicherheit/online-betrug/rtx-5090-amazon-betrug-kaeufer-erhalten-bauchtaschen-statt-grafikkarten-325049.html
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Driving Passwordless Adoption with FIDO and Biometric Authentication
Tags: access, attack, authentication, awareness, banking, breach, business, cloud, compliance, container, control, credentials, cyber, data, defense, fido, finance, fraud, government, Hardware, iam, identity, insurance, login, mobile, passkey, password, phishing, risk, service, technology, threat, trainingDriving Passwordless Adoption with FIDO and Biometric Authentication madhav Tue, 01/13/2026 – 06:13 For decades, passwords have been the default mechanism for securing digital access. They are deeply embedded in enterprise systems and workflows, yet they were never designed to withstand today’s threat landscape. Cybersecurity Sarah Lefavrais – IAM Product Marketing Manager More About This…
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Business leaders see AI risks and fraud outpacing ransomware, says WEF
C-suite executives are more concerned with risks arising from AI vulnerabilities and cyber fraud than ransomware, according to the World Economic Forum First seen on computerweekly.com Jump to article: www.computerweekly.com/news/366637198/Business-leaders-see-AI-risks-and-fraud-outpacing-ransomware-says-WEF
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Executives worry most about cyber-enabled fraud, geopolitics and AI
The World Economic Forum’s wide-ranging new report also found strong global support for cyber regulation. First seen on cybersecuritydive.com Jump to article: www.cybersecuritydive.com/news/cyber-risks-executives-world-economic-forum-report/809350/
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World Economic Forum: Cyber-fraud overtakes ransomware as business leaders’ top cyber-security concern
“Pervasive” threat of phishing, invoice scams and other cyber-enabled fraud is at “record highs”, warns WEF Cybersecurity Outlook 2026 First seen on infosecurity-magazine.com Jump to article: www.infosecurity-magazine.com/news/fraud-overtakes-ransomware-as-top/
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Cyber fraud network behind Euro5,93 million in losses dismantled in Spain
The Spanish National Police (PolicÃa Nacional), working closely with the Bavarian State Criminal Police Office (Bayerisches Landeskriminalamt) and with support from Europol, … First seen on helpnetsecurity.com Jump to article: www.helpnetsecurity.com/2026/01/12/europol-black-axe-criminal-organization/
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Researchers Uncover Service Providers Fueling Industrial-Scale Pig Butchering Fraud
Cybersecurity researchers have shed light on two service providers that supply online criminal networks with the necessary tools and infrastructure to fuel the pig butchering-as-a-service (PBaaS) economy.At least since 2016, Chinese-speaking criminal groups have erected industrial-scale scam centers across Southeast Asia, creating special economic zones that are devoted to fraudulent investment First seen on thehackernews.com…
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Researchers Uncover 28 Unique IPs and 85 Domains Hosting Carding Markets
Between July and December 2025, cybersecurity firm Team Cymru conducted an extensive analysis of carding infrastructure, revealing a sophisticated network comprising 28 unique IP addresses and 85 domains that actively host illicit carding markets and forums. The research employed technical fingerprinting methods crucial for financial institutions, law enforcement agencies, and fraud fusion centers working to…
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New “Penguin” Platform Sells Pig-Butchering Kits, PII, and Stolen Accounts
The industrialization of pig butchering scams has reached a critical tipping point. A sprawling Pig Butchering-as-a-Service (PBaaS) economy has emerged across Southeast Asia, offering turnkey scam platforms, stolen identities, pre-registered SIM cards, mobile applications, payment infrastructure, and shell company formation services. PBaaS enable fraudsters to scale romance and investment fraud operations with unprecedented ease and minimal…
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Spain arrests 34 suspects linked to Black Axe cyber crime
Authorities in Spain have arrested 34 individuals allegedly part of a criminal network involved in cyber fraud and believed to be connected to the Black Axe group responsible for illicit activities across Europe. First seen on bleepingcomputer.com Jump to article: www.bleepingcomputer.com/news/security/spain-arrests-34-suspects-linked-to-black-axe-cyber-crime/
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KI-generierte Finanz-Profis locken Anleger in die Falle
Mit dem Fortschritt generativer KI wird die Grenze zwischen legitimen digitalen Geschäftsmodellen und synthetischem Betrug weiter verschwimmen. Sicherheitsverantwortliche müssen daher über klassische Indikatoren hinausdenken First seen on infopoint-security.de Jump to article: www.infopoint-security.de/ki-generierte-finanz-profis-locken-anleger-in-die-falle/a43321/
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Europol Arrests 34 Black Axe Members in Spain Over Euro5.9M Fraud and Organized Crime
Europol on Friday announced the arrest of 34 individuals in Spain who are alleged to be part of an international criminal organization called Black Axe.As part of an operation conducted by the Spanish National Police, in coordination with the Bavarian State Criminal Police Office and Europol, 28 arrests were made in Seville, along with three…
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Deepfake Fraud Tools Are Lagging Behind Expectations
Deepfakes are becoming more realistic and more popular. Luckily, defenders are still ahead in the arms race. First seen on darkreading.com Jump to article: www.darkreading.com/remote-workforce/deepfake-fraud-tools-lag-expectations
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Ghost Tapped Turns Android Phones Into Fraud Payment Relays
Ghost Tapped is Android malware that abuses NFC to enable remote payment fraud without physical card access. First seen on esecurityplanet.com Jump to article: www.esecurityplanet.com/threats/ghost-tapped-turns-android-phones-into-fraud-payment-relays/
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AI-Powered Truman Show Operation Industrializes Investment Fraud
Check Point has uncovered a vast, AI-powered scam operation dubbed the “Truman Show” First seen on infosecurity-magazine.com Jump to article: www.infosecurity-magazine.com/news/ai-truman-show-industrializes/
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Gefährlich echt: Voice Cloning & Betrugsanrufe
Tags: fraudVerbraucher sollten bei Anrufen von angeblichen Verwandten in einer Notlage besonders aufmerksam sein. Auch wenn es häufig schwer fällt, eine manipulierte oder nachgeahmte Stimme zu erkennen, ist Vorsicht geboten. Spätestens wenn finanzielle Forderungen gestellt werden, sollte man skeptisch werden. ESET Experte Christian Lueg erklärt, wie man sich vor möglichem Betrug schützen kann. First seen on…
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Krypto-Betrug mit KI & Deepfakes: Ein Anleger verliert fast alles
Kursgewinne bei Kryptowährungen ziehen viele private Anleger an, rufen jedoch ebenso Kriminelle auf den Plan. Nahezu täglich werden Verbraucher Opfer zweifelhafter Online-Handelsplattformen. Wer sich von seriös wirkenden, in Wahrheit betrügerischen Webseiten täuschen lässt, riskiert im schlimmsten Fall den vollständigen Verlust seines investierten Kapitals. First seen on welivesecurity.com Jump to article: www.welivesecurity.com/de/videos/krypto-betrug-mit-ki-deepfakes-ein-anleger-verliert-fast-alles/
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Cryptohack Roundup: Alleged Fraud Kingpin Deported to China
Also: Unleash Protocol Hack, LastPass Breach Linked to Crypto Thefts. This week, an alleged fraud kingpin deported to China, Bitfinex hacker gained early release, Unleash Protocol’s $3.9M hack, TRM tied crypto thefts to the LastPass breach, Trust Wallet’s link to the Sha1-Hulud attack, Flow’s NFT loan fallout, Ledger’s data exposure and Kontigo reimbursements. First seen…
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Alleged scam kingpin Chen Zhi arrives in China after extradition from Cambodia
Chen founded multinational conglomerate Prince Group that US says is front for multibillion-dollar fraud operationChinese television has shown footage of the US-indicted tycoon Chen Zhi being escorted by armed police after his extradition to China from Cambodia, where authorities on Thursday ordered the liquidation of a bank he founded linked to a massive “scam centre”…
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Alleged scam kingpin Chen Zhi arrives in China after extradition from Colombia
Chen founded multinational conglomerate Prince Group that US says is front for multibillion-dollar fraud operationChinese television has shown footage of the US-indicted tycoon Chen Zhi being escorted by armed police after his extradition to China from Cambodia, where authorities on Thursday ordered the liquidation of a bank he founded linked to a massive “scam centre”…