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...]
Investigation Uncovers 40,000 Phishing Domains Linked To LabHost Scam Operation
UNITED KINGDOM - The LabHost phishing-as-a-service (PhaaS) platform, which had tens of thousands of phishing domains linked to it and thousands of users worldwide, has had its infrastructure completely disrupted and 37 suspects have been arrested – including the original developer – following a year-long global law enforcement operation. Originally launched in 2021, LabHost was a resource for cybercriminals that – for a monthly subscription fee – provided them … [Read more...]
Edmonton Police Seize Three Canadian Domain Names from Fake Job Scam
PALM BEACH, FL – Three more domain names have vanished from the Internet due to a fake job scam; something frequently being used to steal money from unsuspecting victims. According to Canadian Yahoo News, Edmonton police have seized three Internet domains as part of an investigation involving fake job ads posted on the employment site Indeed.com. Police say the scam has cost victims over $240k. Visitors of the Canadian sites (which were not disclosed) are now … [Read more...]
German Police Raid Hosting Facility Dubbed “CyberBunker”; Seize Domains, 200 Servers
BERLIN – Thirteen people were arresting during a raid in Germany on September 27, 2019. According to Brian Krebs, a security journalist and investigative reporter for Krebs on Security, the raid targeted the physical premises of a Dark Web hosting operation that described itself as a “bulletproof” hosting provider that was willing to provide web site hosting services to any business, no matter how illegal or unsavory. This past Friday, 600 military equipped officers … [Read more...]
Iowa Man, 43, Faces Life in Prison for Armed Robbery of Domain Name, Kidnapping
IOWA - According to British technology news website “The Register” a 43 year-old man broke into a house in Cedar Rapids, Iowa, last month armed with a gun and a fearless intent to hijack a “valuable” Internet domain name. The incident took place in the middle of the afternoon (about 1PM) on June 21st, 2017. Domain name theft has been something all too common in the digital world, but until now, has been, for the most part, a crime carried out over the Internet, in forums, … [Read more...]