Cybersecurity

Indian Government Rescues 250 Citizens Forced into Cybercrime in Cambodia

Apr 01, 2024NewsroomCryptocurrency / Financial Fraud The Indian government said it has rescued and repatriated about 250 citizens in Cambodia who were held captive and coerced into running cyber scams. The Indian nationals “were lured with employment opportunities to that country but were forced to undertake illegal cyber work,” the Ministry of External Affairs (MEA) […]

Cybersecurity

British authorities have never detected a breach of ransomware sanctions — but is that good or bad news?

The agency responsible for monitoring financial sanctions in Britain has never detected an illicit payment to an entity embargoed under the country’s counter-ransomware regime, according to information obtained by Recorded Future News. The sanctions regime explicitly prohibits victims from making any extortion payments to the 29 individuals and 5 entities listed under the United Kingdom’s […]

Cybersecurity

New APT Group ‘Lotus Bane’ Behind Recent Attacks on Vietnam’s Financial Entities

Mar 06, 2024NewsroomCyber Attack / Malware A financial entity in Vietnam was the target of a previously undocumented threat actor called Lotus Bane that was first detected in March 2023. Singapore-headquartered Group-IB described the hacking outfit as an advanced persistent threat group that’s believed to have been active since at least 2022. The exact specifics […]

Cybersecurity

Cyberattack forces Canada’s financial intelligence agency to take systems offline

Canada’s financial intelligence agency FINTRAC has announced pulling its corporate systems offline due to a cyber incident that struck over the weekend. In a statement on its website, the agency said: “Over the last 24 hours, FINTRAC has and continues to manage a cyber incident. The incident does not involve the Centre’s intelligence or classified […]