Despite receiving a raucous round of applause upon its adoption, the UN cybercrime convention's new treaty seems to thus far have displeased most of the entire spectrum of private interests.
Huione Guarantee has transformed into a multi-billion cybercrime marketplace for online scammers, enabling various cyber scam operations, such as pig butchering scams and money laundering services.
The total cost of cybercrime jumped to $12.5 billion in 2023, and the FBI logged a record 880,418 complaints (a 10% increase from the previous year). This is in part being fed by ransomware attacks, which came close to doubling in total cost from 2022 to 2023.
An INTERPOL-led global law enforcement operation has taken action against 1,300 ransomware, phishing, and malware command-and-control (C2) servers and the arrest of dozens of suspects.
Generative AI models in the style of ChatGPT are being sold that promise to help create malware, write phishing emails, set up attack sites, scan for vulnerabilities, and more. The latest DarkBART and DarkBERT projects have been trained on dark web sites.
The FBI arrested and charged a New York man Connor Brian Fitzpatrick with cybercrime. Connor is alleged to be the hacking forum “BreachForums” owner and operator, Pompompurin.
Telegram, one of the leading privacy-first messaging apps, has become home to a cybercrime ecosystem comparable to dark web forums. It allows for building very large private groups and the use of bots.
A new study from Chainalysis finds that crypto crimes are proving more lucrative than ever for organized criminal gangs, but that illicit activity overall only saw a slight raise from its record low levels in 2021.
Cybercrime outfits are increasingly shifting to highly structured and advanced fraud operations, with "scams-as-a-service" models that reflect the similar offerings for other attack types such as ransomware.
Racial and gender bias may extend even to the world of cybercrime. New study finds that disadvantaged groups are not only more frequent targets of attacks, but also that they suffer disproportionate damage from them.