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Members of ‘Black Axe’ cybercriminal group extradited from South Africa

Five Black Axe members extradited from South Africa face US wire fraud and money laundering charges over romance scams defrauding more than 100 victims.

Perry Osagiede, Franklyn Edosa Osagiede, Osariemen Eric Clement, Collins Owhofasa Otughwor and Musa Mudashiru, leaders of Black Axe's Cape Town branch, were extradited September 11 and appear before a federal judge in Trenton, New Jersey under a 2021 indictment. They ran romance scams from 2011 to 2021 that stole thousands of dollars from over 100 people, threatening to leak sensitive photos and laundering proceeds through South African companies; some funds also traced to business email compromise. Wire fraud and money laundering charges each carry up to 20 years. Treasury estimates $12.7 billion stolen from Americans since 2023 via overseas romance and investment scams.

The Recordupdated Sep 15, 11:49 UTC · 2d agofirst Sep 14, 19:40 UTC · 2d agoPolicy & legal 3 sources

Black Axe Members Extradited to US Over Internet Fraud Claims

Five alleged Black Axe leaders were extradited from South Africa to the US over romance scam and money laundering charges.

Five Nigerian nationals who allegedly led Black Axe's Cape Town zone were extradited to the US on September 11 and appeared in federal court in Trenton, New Jersey on September 14. The superseding indictment alleges romance scams, advance-fee fraud, BEC, and money laundering via US bank accounts between 2011 and 2021, using social media, dating sites, and VoIP, with coercion via threats to distribute victims' intimate photos. Charges include wire fraud and money laundering conspiracy carrying up to 20 years each, plus aggravated identity theft for three defendants.

Infosecurity MagazineSep 15, 13:45 UTC · 2d agoPolicy & legal

You don’t have to join the hack-back program to inherit its risk

A new US presidential memorandum creates a vetted private hack-back program, leaving participating vendors and their customers with untested legal liability and collateral risks.

The August 12 National Security Presidential Memorandum directs the National Coordination Center, run jointly by DOJ and DHS, to approve covert surveillance and disruptive Cyber Effects Operations by vetted private companies, with a forfeitable bond of at least $1 million required as a contract condition. The analysis argues the criminal shield rests on an untested reading of the CFAA exemption at 18 U.S.C. 1030(f), with no civil safe harbor, no state-law preemption and no foreign-law protection. Non-participating organizations can still inherit risk through shared infrastructure collateral damage, lack of customer disclosure, Lloyd's bulletin Y5381 state-backed attack exclusions, and threat-intelligence pipelines feeding offensive proposals.

CSO OnlineSep 16, 09:00 UTC · 1d agoPolicy & legal

Authorities seize popular, long-running DDoS-for-hire service domainsnew

FBI and RCMP seized NightmareStresser DDoS-for-hire domains under Operation PowerOFF; the service enabled hundreds of thousands of attacks since at least 2022.

The Justice Department announced the court-ordered seizure of NightmareStresser's primary domain and related sites, executed by the FBI Anchorage field office and the Royal Canadian Mounted Police under Operation PowerOFF. The DDoS-for-hire service enabled hundreds of thousands of attacks or attempted attacks since at least 2022, targeting educational institutions, government agencies, gaming platforms, and millions of people. Authorities have seized more than 100 booter domains since 2018; operators remain unidentified and the service claimed to operate under Russian law.

CyberScoop13:37 UTC · 22m agoPolicy & legal 5 sources

Australia is replacing the Essential Eight with a new cyber framework. Here’s how exposure management can help you get ahead of it.

Australia's ASD is replacing the Essential Eight with an outcomes-based Essentials series covering IT, cloud, OT and likely agentic AI, with deprecation from mid-2027.

The Australian Signals Directorate announced in June 2026 that the Essential Eight will be replaced by an outcomes-focused Essentials series structured as chapters covering enterprise IT (including identity and SaaS), cloud, OT, and likely agentic AI. Deprecation begins around mid-2027 with full retirement around mid-2028, though timelines are targets; the Essential Eight is mandatory for roughly 98 non-corporate Commonwealth entities but voluntary for private firms. Tenable argues the shift demands continuous security posture evidence via exposure management rather than point-in-time checklist assessments.

Tenable BlogSep 15, 13:32 UTC · 2d agoPolicy & legal1