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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

Risky Bulletin: White House lets private companies carry out offensive cyber ops

A White House memo directs DHS to create a program letting vetted private companies conduct US-government-directed offensive cyber operations against cybercrime.

A presidential memo tasks the DHS National Coordination Center with building a program, under DOJ and DHS oversight, through which private-sector companies can conduct offensive cyber operations against large-scale cybercrime organizations. Requirements include secure facilities, vetted personnel, a $1 million escrow for damages, and written approvals co-signed by DHS and DOJ executive directors. The program must launch within 60 days, around October 11, expanding a March executive order targeting scam compounds, ransomware, and other large-scale cybercrime.

Risky Business News · Aug 14, 2026Policy & legal

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

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 Magazine · 8h agoPolicy & legal

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

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

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

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

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

17 draft Cyber Resilience Act standards are open for comment

ETSI publishes 17 draft harmonised standards detailing EU Cyber Resilience Act compliance, open for comment until between mid-September and mid-November 2026.

Seventeen draft standards covering the higher-risk tier of products with digital elements, including password managers, antivirus software, connected toys and wearables, are open for comment. Following a Harmonised Standard grants manufacturers the presumption of conformity with the Cyber Resilience Act, whose obligations apply through the end of 2027 to importers, distributors, service providers and developers. The drafts went to 41 member organisations plus societal partners ANEC, ECOS, ETUC and SBS, with closing dates varying by vertical.

Help Net Security · Aug 14, 2026Policy & legal

A bold new strategy or a dangerous precedent? Experts are divided on Trump's memo.

Trump presidential memorandum authorizes private-sector companies to conduct federally supervised hacking operations against transnational criminal organizations.

A newly signed presidential memorandum enlists private companies in federal law enforcement hacking operations aimed at transnational criminal organizations, with a 60-day window to establish the program. Experts told CyberScoop the shift raises attribution, targeting and constitutional questions, including risks of private firms accidentally attacking foreign governments and procedures for prior approval before targeting US persons. Critics likened the approach to historical letters of marque, while supporters including NSC cyber policy director Amanda Naylor framed it as bringing private-sector speed to the fight against cybercrime and fraud.

CyberScoop · Aug 13, 2026Policy & legal