US Charges Two Over $43 Million Investment Fraud Laundering
US prosecutors charged two individuals for laundering $43 million from cyber investment fraud scams, allegedly using a network of shell companies and bank accounts in China.
Attackers exploit identity verification processes, particularly during onboarding and account recovery, to gain unauthorized access to corporate systems.
US prosecutors charged two individuals for laundering $43 million from cyber investment fraud scams, allegedly using a network of shell companies and bank accounts in China.
Three Russian nationals have been indicted for allegedly running bulletproof hosting providers that supported cybercrime attacks on critical infrastructure in 21 states and several countries, resulting in losses over $62 million.
Only eight cyber personnel participated in the Federal Rotational Cyber Workforce program, which aimed to bolster the federal workforce by rotating workers between agencies.
A new Windows zero-day exploit, dubbed LegacyHive, allows attackers to escalate privileges on up-to-date Windows systems, granting admin access with additional credentials.
Abbott Laboratories is investigating two separate cybersecurity incidents after confirming unauthorized access to internal legacy systems and a separate claim of a breach at its LabCentral portal.
Age checks are becoming law worldwide, with over 30 age assurance laws in force, and platforms are turning to facial age estimation as a viable method, but concerns over biometric data collection and breaches are growing.
Microsoft warns of a surge in ACR Stealer attacks on customers, stealing browser-stored passwords, authentication tokens, and sensitive documents.
The Department of War has suspended CMMC Phase 2's mandatory third-party assessment requirement, citing concerns over scalability and compliance costs.
Ukrainians protest the dismissal of Defense Minister Mykhailo Fedorov, who pushed for military modernization through drone technology and digital innovation.