AUSTRALIA - A South Australian woman narrowly avoided a complete financial disaster after falling victim to a sophisticated business email compromise (BEC) scam that led to the loss of over $800,000. Authorities have since managed to recover a significant portion of the stolen funds, shedding light on the growing threat of cyber fraud in real estate transactions. The victim, who had been in the process of purchasing a property, received what appeared to be a legitimate … [Read more...]
FBI Seizes Internet Domains Associated with Major Cybercrime Ring; 17M Victims
WASHINGTON, D.C. – A multi-jurisdictional operation involving the Federal Bureau of Investigation (FBI) and several other law enforcement agencies has resulted in several well-known internet domains being seized that were a part of a major cybercrime ring responsible for hacking and stealing credentials from digital marketplaces. As of Wednesday, the Cracked.io and Nulled.to internet forums – long known as havens for threat actors who engaged in password theft, software … [Read more...]
50 Million Potentially Compromised In PowerSchool Data Breach
SACRAMENTO, CA - On December 28, 2024, PowerSchool, a prominent provider of educational technology services to over 60 million K-12 students worldwide, identified a cybersecurity incident involving unauthorized access to its Student Information System (SIS) through the PowerSource customer support portal. The breach, which occurred between December 19 and December 24, 2024, allowed threat actors to exfiltrate sensitive data, including names, addresses, dates of birth, … [Read more...]
Amazon Seizes Domains Used by Russian Hackers Targeting Windows Users
SEATTLE, WA - Online shopping retail giant Amazon this week seized multiple internet domains that have been utilized by Russian hackers to launch phishing attacks that targeted users of Microsoft’s Windows operating system. Chief Information Security Officer at Amazon, CJ Moses, announced in a blog post that Midnight Blizzard, otherwise known as APT29 – a threat actor directly sponsored by the Russian government – had been targeting government agencies, empires, … [Read more...]
World’s Biggest Ransomware Group Shut Down, Domains Seized in Global Operation
WASHINGTON, D.C. - The operations of infamous ransomware group LockBit have been shut down, their domains seized, and several high-ranking members placed under arrest as the result of a recent digital takedown carried out by an international law enforcement operation. Operation Cronos, the code name of a joint effort made up by agencies representing 11 countries – Australia, Canada, Finland, France, Germany, Japan, the Netherlands, Sweden, Switzerland, the United … [Read more...]