An investigation dating back almost ten years has seen the extradition this week to the United States of a man suspected to be the head of one the world's most prolific Russian-speaking cybercriminal gangs. The UK's National Crime Agency (NCA) says it has been investigating a cybercriminal using the online handle "J P Morgan" since 2015, alongside parallel investigations run by the United States FBI and Secret Service. Read more in my article on the Tripwire State of Security blog.
Scammers are once again using deepfake technology to dupe unwary internet Facebook and Instagram users into making unwise cryptocurrency investments. AI-generated videos promoting fraudulent cryptocurrency trading platform Immediate Edge have used deepfake footage of British Prime Minister Sir Keir Starmer and His Royal Highness Prince William to reach an estimated 890,000 people via Meta's social media platforms. Read more in my article on the Hot for Security blog.
According to the FBI, billions of dollars have been lost through Business Email Compromise (BEC) attacks in recent years, so you may well think that there is little in the way of good news. However, it has been revealed this week that police managed to recover more than US $40 million snatched in a recent BEC heist just two days after being told about it. Read more in my article on the Tripwire State of Security blog.