cybercrime Archives

TrustTech Movement of Digital Pilipinas, BPI receives solid support from government

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3 August, 2023

TrustTech Movement of Digital Pilipinas, BPI receives solid support from government

Digital Pilipinas allies with BPI, with support from state-backed agencies, to create a platform to address the issue of cybercrime...

Philippines logs jump in crypto phishing attacks in 2022: Kaspersky data

Business

Ana Peligro

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18 July, 2023

Philippines logs jump in crypto phishing attacks in 2022: Kaspersky data

As the Philippines record an increased interest in digital currency adoption, the country faces the grim reality of dealing with...

‘Crypto’ scams decline, but ransomware rising at a near-record pace

Business

Steven Stradbrooke

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13 July, 2023

‘Crypto’ scams decline, but ransomware rising at a near-record pace

'Crypto' crime inflows slumped over $5.2 billion this year from the same period in 2022, with authorities crediting it to...

Atomic Wallet sued for $100 million in wake of North Korea hack

Business

Gavin Lucas

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11 July, 2023

Atomic Wallet sued for $100 million in wake of North Korea hack

Atomic Wallet users claimed that the platform and its CEO, Konstantin Gladych, knew about the system's vulnerability as early as...

Tech

Dr. Craig Wright

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5 July, 2023

The geography of cybercrime

In probing cybercrime associated with digital currencies, it would be possible to create models that can help reduce fraud and...

UK citizen pleads guilty to cybercrime offenses leading to theft of $794,000 digital assets

Business

Wahid Pessarlay

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13 May, 2023

UK citizen pleads guilty to cybercrime offenses leading to theft of $794,000 digital assets

Joseph O’Connor, 23, is scheduled for sentencing by U.S. District Judge Jed S. Rakoff on June 23, 2023, staring at...

Australians lost $150M to digital assets scams in 2022

Business

Steve Kaaru

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19 April, 2023

Australians lost $150M to digital assets scams in 2022

A recent report by the ACCC revealed that scammers swindled $2.1 billion in 2022—a new record—with investment scams accounting for...

Digital asset phishing scams shot up 40% in 2022: report

Business

Steve Kaaru

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19 April, 2023

Digital asset phishing scams shot up 40% in 2022: report

Kaspersky found over 5 million phishing attempts, up from 3.6 million a year ago despite the 2022 market turmoil, even...

UN Cybercrime Treaty could lead to increased surveillance of ‘crypto’ industry worldwide

Business

James Field

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18 April, 2023

UN Cybercrime Treaty could lead to increased surveillance of ‘crypto’ industry worldwide

The new treaty on cybercrime comes at the back of rising illegal digital asset transactions through anonymity, allowing perpetrators to...

Hackers mint 1 quadrillion yUSDT in $11.6M Yearn Finance exploit

Business

Steve Kaaru

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17 April, 2023

Hackers mint 1 quadrillion yUSDT in $11.6M Yearn Finance exploit

The hackers exploited a vulnerability in an outdated Yearn Finance contract, minted the yUSDT and swapped it for millions of...

Australia weighs banning ransomware payments amid hike in attacks

Business

Steve Kaaru

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14 April, 2023

Australia weighs banning ransomware payments amid hike in attacks

Australia is considering a proposal to ban ransomware payments which some experts claim would disincentivize the hackers in the wake...

CFO Summit Day 2 delves into finance sector’s shift to digital transformation, along with its challenges and realities

Business

Cathy Resurreccion

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12 April, 2023

CFO Summit Day 2 delves into finance sector’s shift to digital transformation, along with its challenges and realities

Executives from the government and the finance space gathered on the Day 2 of the CFO Summit 2023 to discuss...

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