Search: “Malone Lam”

Singaporean Ringleader of $245 Million Cryptocurrency Racketeering Enterprise Pleads Guilty in Washington D.C.

Singaporean Malone Lam pleaded guilty in Washington D.C. to leading a social-engineering conspiracy that stole and laundered over $245 million in cryptocurrency.

Malone Lam, a 22-year-old Singaporean citizen residing in Miami, pleaded guilty in U.S. District Court in Washington D.C. for his role as ringleader of an international cybercrime conspiracy. The group used social engineering to steal cryptocurrency valued at more than $245 million and launder the proceeds. U.S. Attorney Jeanine announced the plea, which marks a major milestone in the prosecution of the crypto theft ring.

DataBreaches.net·Sep 8, 18:04 UTC · 8d agoPolicy & legal

$245 million in stolen crypto funded racketeering crew’s lavish lifestyle

Malone Lam pleaded guilty in D.C. federal court to a racketeering conspiracy that stole and laundered over $245 million in cryptocurrency via social engineering.

Malone Lam, a 22-year-old Singapore citizen, pleaded guilty in Washington D.C. federal court to running a racketeering conspiracy that stole and laundered more than $245 million in cryptocurrency. The operation ran from at least October 2023 through May 2025, grew out of online gaming platforms, and relied on social engineering to trick victims into surrendering wallet access, sometimes including break-ins to victims' homes. Lam was arrested on September 18, 2025 in Miami; prosecutors said members spent lavishly on nightclubs, private jets, and exotic cars priced from $100,000 to $3.8 million.

Help Net Security·Sep 9, 12:11 UTC · 7d agoPhishing & fraud

Scammer behind $245 million crypto heist pleads guilty to RICO charges

Malone Lam, leader of a social engineering ring that stole over $245 million in cryptocurrency, pleaded guilty to US RICO charges.

Singaporean national Malone Lam, 22, pleaded guilty to RICO conspiracy charges for leading the 'Social Engineering Enterprise,' which stole more than $245 million in cryptocurrency. The group posed as Apple and Google customer support, tricked victims into installing remote desktop software, and even burgled homes to steal hardware wallets, including $263 million from a single Washington, D.C. victim. At least nine others have already pleaded guilty; Lam faces a December 8 sentencing hearing and a possible 7-to-20-year term.

The Record·Sep 8, 20:52 UTC · 8d agoPhishing & fraud

Party’s Over for Crypto Scammers Who Went on a Spending Spree After a $240 Million Bitcoin Theft

Malone Lam's plea hearing approaches in the $240 million bitcoin social engineering theft; the case highlights surging crypto fraud and limited enforcement.

Malone Lam, accused of organizing a social engineering attack that stole over $240 million in bitcoin (4,100+ BTC) from a Washington, D.C. resident in August 2024, has a plea agreement hearing set. Callers impersonating Google and Gemini staff tricked the victim into revealing security codes. Lam and 17 co-defendants spent lavishly before FBI arrests; crypto investment fraud complaints to the FBI rose nearly 50% in 2025 while DOJ disbanded its crypto crimes unit.

SecurityWeek·Sep 8, 13:00 UTC · 8d agoPolicy & legal

Party’s over for scammers who went on spending spree after $240M bitcoin theft

AP report on scammers' spending spree after a $240 million bitcoin social engineering theft, as ringleader Malone Lam nears a plea agreement.

DataBreaches.net syndicates AP reporting on the $240 million bitcoin theft from a Washington, D.C. resident via social engineering calls impersonating Google and Gemini. Alleged ringleader Malone Lam, 22, faces a plea hearing; the scam network spent stolen funds on cars, jets, and mansions before FBI arrests. Crypto investment fraud complaints to the FBI rose nearly 50% in 2025.

DataBreaches.net·Sep 8, 11:32 UTC · 8d agoPolicy & legal

Kiteworks Acquires Bonfy.AI to Fill the AI Gap in Data Governance

Kiteworks acquired AI data-security firm Bonfy.AI, reportedly for tens of millions of dollars, to add inline AI-era data governance.

Kiteworks announced the acquisition of Bonfy.AI, an AI-native content-security platform that classifies sensitive data in real time as it moves across email, file sharing, SaaS apps, and AI agents. The deal, estimated by CTech at tens of millions of dollars, will extend Kiteworks' Data Control Plane with inline runtime policy enforcement for both human and AI-agent workflows. This is Kiteworks' eighth acquisition in five years; Bonfy was founded in early 2024, raised a $9.5 million seed round, and emerged from stealth in June 2025.

SecurityWeek·Sep 11, 10:56 UTC · 5d agoIndustry 2 sources

Hackers Stole Flock’s Camera Software, Revealing How the Company Tracks Cars and People

Hackers who removed a Flock Safety license plate camera dumped its data, revealing person-detection capabilities and an encryption key stored unencrypted on the device.

A hacker collective calling itself stegan0gram physically removed a Flock Safety automatic license plate reader camera from a roadway, copied its storage, and shared the files with 404 Media, WIRED, and Distributed Denial of Secrets. Analysis found an encryption key in an unencrypted 'media' partition that unlocked videos of thousands of vehicle detections, with logs showing more than a million images generated in weeks. The software explicitly detects people, bicycles, and even bumper stickers, and records from one Georgia city were searchable by more than 2,000 agencies nationwide. The findings follow 2025 research by Jon Gaines documenting flaws enabling root-level access to Flock cameras.

404 Media·updated Sep 16, 22:19 UTC · 5h ago·first Sep 16, 10:30 UTC · 17h agoResearch in the wild 3 sources

Risky Bulletin: Ukraine's top prosecutor resigns amid scam call center scandal

Ukraine's top prosecutor Ruslan Kravchenko resigned after NABU arrested a deputy for taking bribes protecting scam call centers running fake investment platforms.

Ukraine's anti-corruption bureau NABU arrested Serhiy Kropyva, Deputy Head of International Cooperation at the Prosecutor General's Office, alleging officials took monthly protection fees from a network of 100-500 scam call centers luring victims into fake investment platforms, with bribes reportedly growing from $700,000 to $3.5 million per month. Prosecutor General Ruslan Kravchenko resigned on Monday, calling it a political decision, while Kropyva was fired with bail set at 120 million hryvnias ($2.7 million) and over 100 call centers shut down in the past month. The newsletter also briefly covers a cyberattack crippling more than 80 Luxembourg medical practices via payment vendor BMS Engineering, ShinyHunters' claimed theft of 200,000 Florida DMV driver records, a cyberattack on the American Meteor Society, and school closures in Springfield, Massachusetts.

Risky Business News·Sep 9, 06:06 UTC · 7d agoPhishing & fraud

The full stack behind abundant intelligence

OpenAI CFO Sarah Friar describes how compounding gains across chips, compute, models, and products cut intelligence costs.

OpenAI CFO Sarah Friar explains the company's 'full stack' strategy, arguing that advances across chips, compute, models, and products compound to deliver more useful intelligence at greater scale and lower cost. The post is a corporate strategy narrative rather than a technical or product release. It frames vertical integration as the driver of OpenAI's economics.

OpenAI News·Aug 25, 07:05 UTC · 22d agoAI industry

Week in review: Linux rootkit deployed on F5 BIG-IP APM devices, Cisco FMC bugs exploited

Weekly roundup: Cisco FMC and N-able N-central zero-days exploited in the wild, MikroTik RouterOS hijacks, Microsoft Patch Tuesday ships two exploited zero-days.

State-sponsored and financially-motivated attackers are actively exploiting CVE-2026-20079, a critical authentication bypass in Cisco Secure Firewall Management Center (FMC), alongside CVE-2026-20316. N-able issued an emergency hotfix for CVE-2026-86218, a critical pre-auth RCE in the N-central RMM platform exploited in the wild. CERT Polska disclosed six RouterOS vulnerabilities being chained to hijack internet-exposed MikroTik devices. Microsoft's September 2026 Patch Tuesday shipped a record patch count including two zero-days, while roughly 67,000 Trezor customers faced phishing after a shipping-partner breach and researchers privately disclosed a zero-click WeChat worm to Tencent.

Help Net Security·Sep 13, 08:00 UTC · 3d agoExploit / PoC in the wildCVE-2026-20079CVE-2026-20316CVE-2026-862182· 1 read

Hacker Conversations: Vinnie Liu, Performer Turned Ringmaster

SecurityWeek interviews Bishop Fox CEO Vinnie Liu, recruited by the NSA at 17 in 1999, on hacker ethics, intent, and his career.

SecurityWeek's Hacker Conversations series profiles Vinnie Liu, who was recruited by the NSA in 1999 at age 17 via an IRC contact and later became CEO of security consulting firm Bishop Fox. The interview covers his white-hat philosophy that hacking for fun differs from hacking to harm, the moral development he attributes to parents and educators, and the industry's shift from the NSA to commercial firms like @stake after its 2000 acquisition of L0pht Heavy Industries. The piece is biographical and opinion-oriented with no incident, vulnerability, or research content.

SecurityWeek·Sep 10, 14:30 UTC · 6d agoIndustry

ThreatsDay: 200 Android Flaws, Browser-Built Phishing, 119K Scam Shops + 23 More Stories

Hacker News ThreatsDay digest: malicious browser extensions, AI-agent intrusions, NCSC shadow AI warning, M&A wire fraud, and 119,000-domain fake shops.

Socket found four malicious Chrome and Firefox extensions (J7Tracker, VREO, Orbit Tracker) stealing session tokens and wallet data from Axiom Trade and Padre users via attacker-controlled Vercel deployments. Hunt.io reported a Chinese-speaking operator using Claude Code, Alibaba Qwen, and DeepSeek with the SecFlow orchestration framework to automate intrusions against government and financial targets in Afghanistan, Thailand, Taiwan, and the US. The UK NCSC warned shadow AI use risks breaches and regulatory failure, Microsoft announced privacy-preserving Windows Age APIs, and Gen Digital described fake M&A wire-fraud scams. A 119,000-domain fake-shop operation called DoppelCart was also highlighted.

The Hacker News·Sep 10, 17:47 UTC · 6d agoIndustry in the wild

How law firm Gilbert + Tobin governs and scales AI with OpenAI

OpenAI details how law firm Gilbert + Tobin scales ChatGPT Enterprise and Codex firm-wide under CEO-led governance with human accountability.

OpenAI published a customer story describing Gilbert + Tobin's adoption of ChatGPT Enterprise and Codex across the law firm. The firm pairs executive-level commitment with formal governance and human accountability to expand AI use in legal workflows. The piece is a promotional case study, with no new product capabilities or research announced.

OpenAI News·Sep 1, 01:00 UTC · 16d agoAI industry1

A Georgia Cop Used Flock to Track 2 Other Cops: His Ex and Her Friend

A Georgia police officer used Flock license plate reader cameras to surveil his ex-partner and another officer after their affair ended.

Internal investigation records show a Georgia officer used the Flock license plate reader network to track the movements of a fellow police officer with whom he had an affair, along with a man whose vehicle frequently appeared near hers. The unauthorized personal use of police surveillance infrastructure surfaced through an internal affairs review. The case highlights oversight gaps around law enforcement access to mass surveillance data.

WIRED · Security·Aug 27, 18:12 UTC · 20d agoPolicy & legal

The Mayor Who Said 'No' When Flock Came to Town

404 Media·Aug 10, 14:41 UTC · Aug 10, 2026Industry

Tajin Group: Guarantee Marketplace Vendor Involved in Phishing and Chinese Money Laundering Group

Recorded Future details Tajin Group, a Chinese-speaking vendor on Telegram guarantee marketplaces running phishing, carding, and money laundering operations targeting Chinese banks.

Insikt Group analyzed Tajin Group, a Chinese-speaking threat actor operating on Telegram-based guarantee marketplaces Dabai Guarantee and, since May 2026, Xinbi Guarantee. The group conducts phishing, payment card theft, and money laundering targeting mainland Chinese citizens and banks, testing stolen cards from twelve countries on platforms like CCAvenue and Geidea. Operators bought and sold at least 100 Telegram usernames and anonymous virtual numbers via Fragment Market to strengthen OPSEC, linking multiple usernames to single Telegram accounts. Recorded Future warns Tajin Group's TTPs are likely to be replicated by other vendors on Chinese-language guarantee marketplaces at global scale.

Recorded Future·Sep 15, 00:00 UTC · 2d agoThreat actor

Researchers Link 'Jewelbug' Chinese APT to Hack-for-Hire Operations

Broadcom researchers link the Chinese APT group 'Jewelbug' to a lucrative crypto-fraud hack-for-hire operation.

Threat intelligence researchers at Broadcom reported that the known Chinese APT group tracked as Jewelbug may be connected to a profitable crypto fraud scheme. The findings suggest the group blends traditional espionage tradecraft with financially motivated hack-for-hire work. Victimology and operational scale were not detailed in the initial disclosure.

Infosecurity Magazine·Aug 14, 07:30 UTC · Aug 14, 2026Threat actor

Product showcase: AI Paper Trail shows the privacy cost of talking to AI

Proton launched AI Paper Trail, a free tool that analyzes ChatGPT or Claude exports and reports what personal data can be inferred from AI conversations.

Proton released AI Paper Trail, a free web tool that analyzes the 200 most recent prompts from exported ChatGPT or Claude conversation histories and generates a privacy report with an AI Exposure Score, inferred personal data categories, and an estimated advertising value. In a hands-on test it identified 47 data points, returned a 58/100 exposure score, estimated $185 in advertising value, and flagged five red flags spanning location, interests, finances, and relationships. Proton states that uploaded data is deleted after analysis and is not stored on its Lumo servers.

Help Net Security·Aug 24, 00:00 UTC · 24d agoAI industry

Cortex Cloud Archives

Palo Alto Networks publishes a product category page for Cortex Cloud, an AI and automation platform for cloud and SOC workflows.

This item is a product category archive page for Palo Alto Networks' Cortex Cloud, describing it as an AI and automation-driven platform spanning code to cloud to SOC. The page contains no new research, incident, or product release details beyond marketing language about prioritizing risks and accelerating remediation.

Palo Alto Unit 42·Aug 20, 19:01 UTC · 27d agoIndustry

BreezeBlue/Breeze-TTS-2 — new model trending #19 on Hugging Face

BreezeBlue open-weights Breeze TTS 2, a bilingual text-to-speech model it ranks #1 among open-weight models on the Artificial Analysis TTS leaderboard.

BreezeBlue released open weights and Apache 2.0-licensed PyTorch inference code for Breeze TTS 2 on 2026-08-25. The text-to-speech model supports English and Chinese, voice cloning, reference-free voice design, voice direction, and inline vocal events like (laugh) and (sigh). Reported performance includes #1 open-weight ranking on the Artificial Analysis Elo leaderboard, under 40 ms time-to-first-audio, a 0.32 real-time factor on an NVIDIA H100, and about 7.7 GiB GPU memory for eager inference.

Hugging Face trending models·Aug 25, 16:39 UTC · 22d agoModel release

YuE2 · Frontier Music with Symbolic Planning

YuE2, a 3.59B-parameter music generation model, scores 6.9632 on SongBench, beating Suno v5 via symbolic planning.

YuE2 is a music generation model of roughly 3.59B parameters and 28 layers supporting song creation, covering, and agentic editing through editable ABC symbolic scores. Its best-of-8 setting reaches 6.9632 on SongBench, the highest mean among 15 evaluated settings on WildSongBench (192 prompts), ahead of Suno v5 at 6.8721. The project also introduces MERT2, whose 632M-parameter encoders achieve state of the art on 14 of 15 MARBLE metrics, and SheetSage2, which transcribes beats, downbeats, key, chords, structure, and melody with SOTA on 10 of 13 benchmark metrics.

Hacker News · AI·updated Sep 11, 03:35 UTC · 5d ago·first Sep 11, 00:33 UTC · 6d agoModel release 2 sourcesHN 43↑ · 35 comments

Edge infrastructure under siege: what two independent datasets reveal about who's exploiting your perimeter

Joint Tenable-SentinelOne analysis of 93 CVE-actor attribution pairs shows nation-state and criminal groups independently converge on the same edge infrastructure.

Tenable and SentinelOne jointly analyzed 93 CVE-actor attribution pairs covering exploitation of perimeter devices. The data shows state-sponsored and financially motivated actors independently target the same edge products from Ivanti, Fortinet, and Palo Alto Networks. The findings challenge the narrative that edge exploitation is exclusively a China-nexus nation-state problem, showing a broader shared attack surface.

Tenable Blog·Aug 26, 13:00 UTC · 21d agoThreat actor in the wild

MInTRL: Off-policy Intervention can boost On-policy RL

MInTRL injects sparse judge corrections into on-policy RL rollouts, expanding exploration beyond on-policy sampling while preserving learnability on math and code benchmarks.

Minimal Intervention Reinforcement Learning periodically has a judge-intervention policy replace erroneous suffixes of the current policy's output with short corrections, then returns control, keeping trajectories largely on-policy. Training uses a sequence-level advantage-regression objective that removes the need for importance sampling. Across math and code benchmarks it consistently beats standard on-policy and off-policy baselines, remains effective with self-intervention, and performs best at moderate intervention intensity.

Hugging Face daily papers·Sep 10, 20:00 UTC · 6d agoAI research

MCRL2: Multi-resource Cross-attention-based Representation Learning-augmented Reinforcement Learning for Cloud Microservice Scheduling

MCRL2 augments reinforcement learning with multi-resource cross-attention representations to improve cloud microservice scheduling and load balancing.

MCRL2 combines a multi-resource cross-attention representation learning module (MCRL) with an actor-critic architecture and maximum entropy objective for microservice scheduling. The approach captures interdependencies among nodes, resources, and microservices in data centers. Experiments on real production cluster traces show improvements in load balancing, scheduling success rate, and average completion time versus baselines.

arXiv cs.AI / cs.LG / cs.CL·Sep 11, 16:44 UTC · 5d agoAI research1

Pegasus Zero-Click Exploit Infects Serbian Student Activist's iPhone

Citizen Lab and SHARE Foundation confirm a Serbian student activist's iPhone was infected with NSO Group Pegasus via a zero-click iMessage exploit.

Forensic analysis found high-confidence infection indicators on the activist's iPhone during December 2025 and January 2026, using an iMessage zero-click exploit the Citizen Lab believes was patched as of iOS 18.4.1, released April 2025. The target was among at least 14 Apple Threat Notification recipients in Serbia's student movement, civil society, and opposition politics documented by the SHARE Foundation. Targeting occurred ahead of key 2026 election cycles; Amnesty Tech also confirmed a new NoviSpy version on another student movement member's device.

Infosecurity Magazine·Sep 3, 15:25 UTC · 13d agoThreat actor in the wild

US Agencies Warn Chinese AI Firms Are Extracting Advanced AI Models

NSA, CISA, and FBI accuse six Chinese AI firms including DeepSeek and Alibaba of industrial-scale distillation of US frontier models.

A joint NSA, CISA, and FBI advisory alleges DeepSeek, Moonshot AI, Alibaba, MiniMax, StepFun, and Z.AI extracted billions of tokens across millions of requests from US frontier models including Claude, GPT, Gemini, and Grok since at least late 2024. DeepSeek reportedly ran an organized campaign against Claude, GPT, and Gemini between late 2024 and mid-2025 that aided R1 and V3 development, including chain-of-thought reasoning extraction. Reported techniques included shared premium accounts, gray-market proxy 'transfer stations,' automated failover, and prompt injection that made Claude Code believe it was a MiniMax product. The advisory recommends detection signals such as 24/7 multi-IP account usage and covertly serving degraded responses to suspected distillers.

Security Affairs·Sep 9, 18:20 UTC · 7d agoAI safety & security in the wild1

How hackers used Claude for missiles, drone swarms, and surveillance, while Chinese labs mined it for training data

Anthropic's threat report details eight months of Claude misuse: AI-assisted espionage against 20+ organizations, self-rewriting malware, and Chinese labs distilling Claude via fraudulent accounts.

Anthropic's threat intelligence report covering December 2025 through August 2026 documents Claude misuse across seven categories including cyber operations, surveillance, fraud, and unauthorized model distillation. A Russian-speaking espionage actor tracked as GTG-20006 used AI agents to rewrite and recompile malware evading antivirus detection, targeting more than 20 organizations in Ukraine and Europe and stealing a drone vision system SDK. Alibaba's Qwen lab ran the largest distillation campaign, with over 151 million exchanges between May and July 2026 peaking near 3 million per day to train Qwen 3.5, 3.6, and 3.7. DeepSeek, Moonshot AI, Xiaomi, and Zhipu also relayed customer or replayed traffic to Claude, including PLA-linked users analyzing CCTV footage and users with credentials tied to the Russian Ministry of Defense.

The Decoder·updated Sep 16, 13:01 UTC · 14h ago·first Sep 11, 13:50 UTC · 5d agoAI safety & security in the wild 18 sources2

Structural Jailbreaks Generalize but Do Not Compound: A cross-provider and multilingual study of Involuntary In-Context Learning

Researchers show IICL structural jailbreaks generalize to Google Gemini, lifting attack success to 80-100% on harm and financial benchmarks; non-English prompts attenuate it.

The study red-teams two Google Gemini models with Involuntary In-Context Learning (IICL), a structural jailbreak reframing harmful requests as the final cell of a data-labeling task. IICL lifts attack success from at most 6.7% to 80-90% on HarmBench and 97-100% on financial abuse (FinProof), an order of magnitude above prior results on OpenAI's GPT-5.4. Against a compounding hypothesis, forcing IICL output into Spanish, Hindi, or Arabic attenuates the attack in 11 of 12 conditions, attributed to a 'relevance curse' producing lower-quality harmful content in lower-resource languages. Findings replicate under an independent non-Google judge (Cohen's kappa 0.86 over 377 paired verdicts).

arXiv cs.CR·Sep 8, 07:38 UTC · 8d agoAI safety & security

U.S. Agencies Accuse China AI Firms of Distilling Claude, GPT, Gemini, and Grok

NSA, CISA and FBI accuse Chinese AI firms including DeepSeek of industrial-scale distillation of Claude, GPT, Gemini and Grok since late 2024.

A joint bulletin from the NSA, CISA and FBI accuses China-based AI firms including DeepSeek, Moonshot AI, Alibaba, MiniMax, StepFun and Z.AI of systematic, industrial-scale distillation of U.S. frontier models. The agencies say billions of tokens were extracted from Claude, GPT, Gemini and Grok variants since at least late 2024 through APIs, cloud relays, obfuscated accounts and gray-market proxies, likely with Chinese government backing. Firms allegedly shared premium subscriptions across developer teams and used chain-of-thought extraction and automated failover to evade blocks. Mitigations include subtly altering responses to suspected distillers and correlating activity across providers, clouds and aggregators.

The Hacker News·Sep 9, 09:32 UTC · 7d agoAI policy

Texas Police Used AI to Write Report About Using Flock to Search for Woman Who Had Abortion

Johnson County, Texas deputies used Axon's Draft One AI to write a report about searching 80,000+ Flock cameras for a woman who self-administered an abortion.

Documents show the Johnson County Sheriff's Office used Flock's nationwide camera network and Axon's Draft One, which drafts police reports from body camera audio, in its investigation of a woman's self-administered abortion. The AI-generated report summarized deputies' discussion of legal implications, noting Texas law provided no applicable criminal charges. Flock CEO Garrett Langley has repeatedly claimed the search was a family welfare check, but earlier police reports indicate it was initiated at the behest of the woman's abusive partner.

404 Media·Sep 2, 15:57 UTC · 14d agoAI safety & security

Financially Motivated Threat Actor BREEZE COMET Targets Brazil

Google Threat Intelligence details BREEZE COMET, a financially motivated group manipulating Brazilian payment systems and banking software to conduct fraudulent transfers since 2024.

Mandiant and Google Threat Intelligence Group (GTIG) track this activity as BREEZE COMET (formerly UNC5669), active since 2024 against Brazilian financial services, retail, and eCommerce organizations. The actor specializes in manipulating payment systems and banking software to conduct fraudulent transfers. The activity overlaps with operations publicly reported as Plump Spider and SHADOW-AETHER-064. The report details the group's tactics, toolkit, mitigations, and detections for this active and developing threat.

Google Threat Intelligence·Sep 1, 14:00 UTC · 15d agoThreat actor in the wild