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25 stories in the last 30d

Srsly Risky Biz: Trump's Private Hacker Memo Is the Right Idea

A Trump presidential memo directs DHS to authorize vetted private-sector hackers to conduct cyber operations against foreign cybercriminal groups (CE-TCOs).

A presidential memorandum directs the Department of Homeland Security to establish a program authorizing private companies to conduct cyber surveillance and cyber effects operations against Cyber-Enabled Transnational Crime Organisations (CE-TCOs). Participating companies must pass vetting, obtain government approval before operations, and post a USD $1 million bond. The accompanying fact sheet cites more than USD $20.8 billion in US losses to cyber-enabled crime in 2025. Critics worry about accidental escalation if operations touch foreign government systems.

Risky Business News · 26d agoPolicy & legal

Georgia man charged for robbing NBA, NFL players through stolen Apple account details

Georgia man Kwamaine Jerell Ford charged with phishing NBA and NFL players' Apple accounts, making over 2,000 fraudulent transactions, and sex trafficking counts.

Kwamaine Jerell Ford, 34, was arrested and pleaded not guilty to dozens of counts including wire fraud, computer fraud, aggravated identity theft, access device fraud, and sex trafficking. He posed as an adult film actress offering explicit videos, then as Apple customer support to harvest usernames, passwords, and MFA codes from professional athletes, gaining access to their credit and debit cards and making more than 2,000 transactions including fund transfers and DoorDash orders. Prosecutors say he ran the scheme while on probation for a similar 2019 phishing offense in which he spent nearly $325,000 of stolen funds, and also coerced a woman into sex with players, filmed encounters without consent, and hacked one athlete's home security cameras. He was held without bail.

The Record · 7d agoPolicy & legal in the wild

Risky Bulletin: Dutch intel services to get extensive new powers

Netherlands proposed a bill granting AIVD and MIVD expanded warrantless tapping, faster hacking powers, and forced data disclosure, citing Russia, China, and Iran threats.

The Dutch government introduced a bill greatly expanding surveillance powers of intelligence agencies AIVD and MIVD, allowing up to one year of tapping without pre-approval and simplified hacking operations against 'foreign adversaries'. Agencies could compel Dutch companies or citizens to provide data under threat of charges, share data with the private sector, and oversight bodies would merge into a new CTT board. The bill follows similar overhauls in Ireland, Germany, and France after Russia's invasion of Ukraine. The newsletter also reports Moonwell hacked for $8.7M, a Cosmos EVM bug exploited for ~$3M, ShinyHunters listing McKesson with claimed hundreds of millions of records, and a pro-Kremlin DDoS claim against Norway's government network.

Risky Business News · 15d agoPolicy & legal

Risky Bulletin: The EU publishes its upcoming cybersecurity standards

ETSI releases 17 draft cybersecurity standards vendors must meet when the EU Cyber Resilience Act takes effect in December 2027.

The European Telecommunications Standards Institute published 17 interim draft standards covering operating systems, routers, firewalls, VPNs, SIEMs, browsers, password managers, smart home devices, toys and wearables. They mandate basic security features such as post-sale updates, shipped SBOMs, modern cryptography and secure-by-default settings; public comments run until November, with final versions expected in December, one year before CRA compliance begins in December 2027. The newsletter also reports Irregular taking responsibility for AI test-environment escapes involving Anthropic and Meta frontier models, a breach at France's tax agency exposing 678,000+ citizens' data claimed by hacker ZeroBytes, and Kazakhstan eGov data covering 15 million citizens listed for sale on an underground forum. Additional briefs cover a $3.2 million Harmony Protocol theft crashing the ONE token 40%, Columbus Police still restoring systems two years after ransomware, DDoS attacks on Threema's provider, and Ukraine's GUR claiming a cyberattack on Wildberries.

Risky Business News · 29d agoPolicy & legal1

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 · 10h agofirst · 1d agoPolicy & legal 3 sources

INTERPOL Operation Jackal IV Arrests 58, Identifies 263 in Global Cyber Fraud Crackdown

INTERPOL's Operation Jackal IV arrested 58 and identified 263 suspects in West African cyber-fraud networks, seizing millions across 22 countries.

Operation Jackal IV, run by INTERPOL with 22 countries between November 2025 and June 2026, targeted West African organized crime groups such as Black Ace behind romance, investment, and business email compromise fraud. It produced 58 arrests and 263 identified suspects, including 17 arrests tied to a crime-as-a-service network providing domains and money laundering support to 196 identified individuals. Raids in Johannesburg netted 39 arrests, $2.67 million seized, and 257 blocked bank accounts, while a Romanian call-center investment scheme had stolen an estimated 143 million euros (~$166 million) and led to 11 arrests. The operation is the fourth iteration, following waves in 2022, 2023, and 2024 with 75, 103, and 300 arrests respectively.

The Hacker News · 20d agoPolicy & legal

U.S. Sanctions Iran-Linked Hackers Behind Critical Infrastructure Breaches

U.S. Treasury sanctioned nearly 60 Iran-linked entities, including MOIS-affiliated Mabna Institute hackers behind breaches of U.S. critical infrastructure and millions in crypto theft.

The U.S. Treasury launched Operation Economic Outcast, designating nearly 60 Iran-linked entities, individuals, and vessels across nuclear, missile, oil, cyber, and digital asset networks. Five sanctioned individuals are members of the Tehran-based Mabna Institute indicted last week; three allegedly breached and exfiltrated data from U.S. energy, defense, healthcare, IT, and financial organizations since late 2023. TRM Labs traced roughly $16.8 million across 30 wallets tied to the members, and the State Department announced a reward of up to $10 million. The action follows Iranian hacking of FBI Director Kash Patel's email and attacks on over 30 U.S. water and wastewater utilities.

The Hacker News · 20d agoPolicy & legal in the wild

Indian man who fled US arrested on charges he helped scammers siphon $7.5 million from the elderly

US prosecutors charged Indian national Jay Goswami as a money mule who collected $7.5 million from nine elderly scam victims, now facing extradition from Canada.

US prosecutors charged 21-year-old Indian national Jay Sunilbharthi Goswami with wire fraud and money laundering for working as a money mule for India-based scammers. The scammers posed as law enforcement or government officials by phone and email, convincing at least nine elderly victims in New York and New Jersey to hand over $7,559,185 in cash, gold bars, and gift cards. Goswami collected the money and shipped it to India, allegedly earning about $90,000 while on a student visa at Fairleigh Dickinson University. After fleeing to Canada across the Peace Bridge, he was arrested at Toronto's airport and is awaiting extradition to the US.

The Record · 22d agoPolicy & legal in the wild

Police bust cybercrime ring accused of stealing €30 million in four-day spree

German and Brazilian police arrested four over a €30 million bank fraud exploiting a payment provider's faulty software update, seeking three more in Europe.

Operation Klonen executed 21 search-and-seizure warrants across seven Brazilian cities on August 13, arresting four people while three more suspects are pursued in Spain and Bulgaria. The ring exploited a vulnerability in a German payment service provider's booking process, caused by a faulty software update, to carry out unauthorized withdrawals totaling around €30 million within four days starting in late 2023. Funds were moved to Brazil through payment cards issued without consent, pass-through accounts, companies and virtual asset platforms, and courts ordered seizure of assets worth about R$106 million (~$20.7 million). The operation involved Brazil's Polícia Federal, Germany's BKA and the Frankfurt prosecutor's ZIT cybercrime unit.

Help Net Security · 29d agoPolicy & legal

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.

UK appoints new commander of National Cyber Force

The UK National Cyber Force has a new commander, its third since 2020, succeeding Air Vice-Marshal Tim Neal-Hopes; identity not yet avowed.

The United Kingdom's National Cyber Force has changed commanders, with the new leader's identity not yet formally avowed pending security considerations. The new commander is the third since the force was established in 2020, following James Babbage (GCHQ) and Air Vice-Marshal Tim Neal-Hopes (armed forces), both of whom have now completed their tenure. The NCF consolidates UK offensive cyber capabilities under a joint defense-intelligence partnership including GCHQ, MI6, and Dstl, with funding committed to 2030 and a permanent headquarters at Samlesbury progressing as scheduled.

The Record · 5d agoPolicy & legal

US disrupts Xinbi Guarantee marketplace fueling the cyber scam economy

US Treasury sanctions and DOJ seizures take down Xinbi Guarantee, a Telegram marketplace that processed $24B+ for cyber scams, freezing $52.8M.

The Treasury Department sanctioned the Chinese-language Telegram marketplace Xinbi Guarantee and two supporting firms, Anwen Technology (XinbiPay) and SafeW Technology, while the DOJ seized its Telegram channels and $52.8 million in USDT from 52 wallets. Blockchain intelligence firm Elliptic, which assisted the Secret Service, estimates Xinbi has processed at least $24 billion in transactions since 2022, making it the second-largest illicit online marketplace and a cornerstone of Southeast Asian cybercrime. Vendors sold money laundering, stolen personal data, deepfake technology, and other services for pig-butchering scams, with payments in Tether's USDT. The DOJ's Scam Center Task Force also dismantled 13 scam centers in Madagascar, arresting dozens of alleged leaders who were repatriated to China.

The Recordupdated · 5d agofirst · 6d agoPolicy & legal 4 sources

CIA’s Michael Ellis says cyber intelligence is changing how the agency operates

CIA deputy director says cyber operations built the intelligence picture enabling US forces to capture Nicolás Maduro in Operation Absolute Resolve.

CIA Deputy Director Michael Ellis said at the Billington Cybersecurity Conference that cyber operations built the intelligence picture that let US special operations forces locate and apprehend Nicolás Maduro within four minutes of landing during Operation Absolute Resolve. He cited the elevation of the Center for Cyber Intelligence to a full mission center as key to aligning resources around the cyber mission. The agency also created a Directorate of Mission Systems and cut its technology acquisition cycle from two to three years to a six-month target, completing more than 400 purchases within that period. Ellis said AI brings unprecedented speed and scale to cyber operations and analysis.

CyberScoop · 7d agoPolicy & legal 2 sources

Russian suspect in bank account takeovers is extradited to US

Russian web developer Sergei Filimonov was extradited from Georgia to the US to face charges in a multimillion-dollar bank account takeover fraud.

Sergei Anatolyevich Filimonov, 36, appeared in an Atlanta federal court on September 4 and pleaded not guilty to bank fraud, wire fraud, access device fraud, and aggravated identity theft charges. Prosecutors say that from November 2023 to October 2025 his group bought sponsored search-engine links that diverted online banking customers to spoofed login pages, stole their credentials, and initiated unauthorized wire transfers. The FBI linked the scheme to the December 2025 seizure of the domain web3adspanels.org, identifying at least 19 victims, roughly $14.6 million in confirmed losses, and about $28 million in attempted losses.

The Record · 7d agoPolicy & legal

Where the backlash against Flock Safety is having the biggest impact

More than 90 cities ended Flock Safety contracts in August as Texas and Florida restrict license plate reader use amid privacy protests.

Over 90 cities and counties terminated Flock Safety contracts in August, per Secure Justice, which has tracked more than 200 municipal terminations since 2021. Texas Gov. Greg Abbott barred state agencies from funding Flock cameras on Aug. 28 after a report that a state agency secretly diverted $30 million; Florida's transportation department banned ALPRs on state highways and Gov. Ron DeSantis criticized the technology. Los Angeles chose not to renew its LAPD contract over data-ownership terms, and Atlanta's mayor ordered a 30-day review of the roughly 5,000 ALPR cameras in the metro area. Several Flock-related police abuse cases, including a Texas officer indicted on 100 felony counts, have fueled the backlash.

The Record · 7d agoPolicy & legal

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 · 7d agoPolicy & legal

US charges Iranians for sprawling hacking campaign on government agencies, universities

DOJ indicts 17 Iranians tied to Mabna Institute IRGC hacking-for-hire campaign that stole 31TB from universities, agencies, and UN organizations.

The U.S. Justice Department unsealed a 14-count superseding indictment charging 17 people linked to the Mabna Institute, allegedly operating on behalf of the IRGC, in a campaign running since around 2013. The group breached 144 US universities, 42 US companies, 178 foreign universities, 11 foreign companies, and agencies including the Department of Labor, Federal Energy Regulatory Commission, and Hawaii and Indiana state governments, plus UN organizations such as UNICEF, stealing at least 31 terabytes of academic and proprietary data and about 8,000 professor email accounts. The State Department offered a $10 million reward for five individuals including Behzad Mesri, previously indicted for the $6 million HBO extortion; universities spent roughly $20 million on investigation and remediation.

The Record · 7d agoPolicy & legal 2 sources

Risky Bulletin: Russia tells data centers to deploy drone defenses

Russia ordered data center operators to deploy drone strike defenses under a Putin decree allowing temporary state takeover of unprotected critical infrastructure.

The Russian government instructed data center operators to deploy protections against drone strikes under a presidential decree signed by Putin that allows temporary state administration of critical infrastructure operators failing to defend against Ukrainian hacks and drone strikes. Although data centers are not formally critical infrastructure in Russia, the decree applies to them because other sectors depend heavily on cloud services; Russia has more than 180 data centers, over 80% in the European region within range of Ukrainian strikes. The digest also reports a Dropbox breach affecting nearly 5,000 accounts via the Lenovo ID integration, spyware attacks on at least 14 Serbians using NoviSpy or Pegasus, and a password recovery attack targeting hundreds of thousands of X accounts tied to the new X Money service. Other items include a 14-hour compromise of Coder's Cloudflare infrastructure delivering malicious Terraform modules, donor data breaches at Davayte and You Are Not Alone via the Stripe/WooCommerce integration, a $2.5M Aquifer crypto heist, and a TVING breach exposing data of almost 40 million accounts.

Risky Business News · 11d agoPolicy & legal

Florida and Texas move to block Flock cameras over privacy concerns

Florida and Texas move to end use of Flock license plate cameras, citing privacy concerns and database misuse by police.

Florida's Department of Transportation said it will cease using license plate readers, such as Flock's cameras, on state highways and has 30 days to remove them, following Governor DeSantis calling the technology 'out of control'. Texas separately ordered state agencies to stop funding Flock cameras, citing abuse including the indictment of a Lufkin officer on 100 felony counts for allegedly searching Flock's database without authorization. Flock operates roughly 130,000 license plate readers across the US, and towns including Evanston, Cambridge, and Eugene report the company reinstalled cameras after contracts were terminated.

TechCrunch · Security · 14d agoPolicy & legal

Five plead guilty in latest federal ATM jackpotting case

Five Venezuelan nationals pleaded guilty to ATM jackpotting conspiracy tied to Ploutus malware, as FBI tallies $58 million in losses since 2021.

Five Venezuelan nationals pleaded guilty in Kansas federal court to conspiracy to commit bank larceny for attempted ATM jackpotting attacks in Wamego and Manhattan in December 2025; Luis Velasquez-Artigas was sentenced to nine months. The FBI says jackpotting has caused over $58 million in losses since 2021, with more than 1,900 incidents tracked since 2020 and over 700 in 2025. Separately, Juan Manuel Gouveia-Aguilera was sentenced to eight years and ordered to pay restitution for using Ploutus malware to steal more than $3.5 million from hundreds of ATMs. Prosecutors link the schemes to the Venezuelan gang Tren de Aragua and say at least 119 people have been charged.

The Record · 15d agoPolicy & legal

Finland appeals court revives case against Eagle S Officers over cable breaks

Finnish appeals court ruled Finland can prosecute Eagle S officers for 2024 Baltic Sea cable breaks, reviving the case and EUR 105M damages claims.

The Helsinki Court of Appeal ruled Finland has jurisdiction to prosecute three senior officers of the Eagle S, the Russia-linked tanker that severed multiple subsea cables on December 25, 2024, overturning a district court dismissal. The court found the crew's conduct after Finnish authorities made contact was not a 'maritime accident' under the UN Convention on the Law of the Sea, noting the ship dragged its anchor roughly 90 kilometers and cut four more cables. Owners of the Estlink 2 power cable, Fingrid and Elering, are seeking about EUR 105 million ($122 million), and the ruling will guide the related Fitburg anchor-dragging case. The decision can be appealed to Finland's Supreme Court until October 26, 2026.

The Record · 19d agoPolicy & legal

Risky Bulletin: Russia starts blocking DoH and DoT

Russian users report blocks on DoH and DoT servers, including Cloudflare 1.1.1.1 and Google 8.8.8.8, in an apparent censorship crackdown.

Russian internet users began reporting failures connecting to DNS-over-HTTPS and DNS-over-TLS servers, suggesting a government crackdown on the two privacy protocols. The blocks reportedly cover Cloudflare's 1.1.1.1 and Google's 8.8.8.8 resolvers; Roskomnadzor has not officially confirmed the action. The agency tested a similar block in March on Beeline's network and had named DoH for blocking as early as 2021. The bulletin also briefly notes state-sponsored phishing of EU officials, a DDoS against Norway's Digdir, the ReliaQuest/ShinyHunters dispute, and older ransomware and breach disclosures.

Risky Business News · 20d agoPolicy & legal1

58 Arrested In International Cybercrime Crackdown

Interpol's Operation Jackal IV arrested 58 people across 22 countries, disrupting Black Axe-linked money laundering and fraud networks and uncovering $166 million.

Law enforcement in 22 countries coordinated on Operation Jackal IV from November 2025 to June 2026, arresting 58 people and identifying hundreds of suspects, Interpol announced. Actions in Argentina uncovered a 196-person crime-as-a-service network providing domains and money laundering support to Black Axe, with 17 arrests there; South African raids in Johannesburg linked to romance and investment scams targeting the elderly led to 39 arrests and about $2.7 million seized. Romanian investigators found $166 million in stolen and laundered funds in electronic wallets controlled by a cryptocurrency investment scam call center, making 11 arrests and seizing about $379,000 plus properties and luxury watches. Interpol also flagged rising sextortion of minors as young as 14 via social media and gaming platforms.

The Record · 21d agoPolicy & legal

Retail theft bill spurs ‘very large and very dangerous’ surveillance fears

The Combating Organized Retail Crime Act advances toward Senate attachment to the defense bill, drawing ACLU warnings of expanded ICE surveillance powers.

The Combating Organized Retail Crime Act (CORCA) passed the House 348-60 in June, and Senate supporters including Chuck Grassley are pushing to attach it to the annual defense policy bill. The bill would create an Organized Retail and Supply Chain Crime Coordination Center within ICE's Homeland Security Investigations, add criminal penalties for laundering stolen-goods proceeds with a $5,000 charging threshold, and broaden data sharing with retailers. The ACLU, NAACP LDF, and allied groups warn the vaguely drafted provisions would effectively grant DHS access to retail surveillance feeds such as cameras and license plate readers, while industry backers say it only enhances existing information sharing and could help fight cyber-enabled crime.

CyberScoop · 26d agoPolicy & legal1

Pornhub's Parent Company to Pay $120 Million to Settle Child Sexual Abuse Lawsuits

Pornhub parent Aylo will pay $120 million settling child sexual abuse class actions, without admitting liability, and adopt stricter content moderation commitments.

Aylo, Pornhub's parent company (formerly Mindgeek, acquired by Ethical Capital Partners in 2023), will pay $120 million to settle two 2021 class actions in California and Alabama alleging its platforms hosted child sexual abuse material in violation of federal trafficking and child imagery laws. The settlement fund begins with $25 million in 2026 followed by six annual installments. The class covers anyone under 18 appearing in content on Mindgeek-operated sites between February 12, 2011 and December 6, 2024. The deal, subject to court approval, adds commitments to age-verify models, conduct human and automated content review, and report suspected abuse material to authorities.

404 Media · 29d agoPolicy & legal