Financial Cyberscoop

Ilya Lichtenstein was supposed to serve five years after being sentenced in late 2024. The post Convicted Bitfinex bitcoin launderer freed from prison, thanks Trump law appeared first on CyberScoop.

Payments declined one-third to $734M, yet the number of victims confronting ransomware still remains a largely unchanged epidemic, sliding just 2% last year. The post Is ransomware finally on the decline? Treasury data offers cautious hope appeared first on CyberScoop.

The cryptocurrency mixing service helped cybercriminals launder more than $1.5 billion in Bitcoin since it began operations in 2016, Europol said. The post Authorities take down Cryptomixer, seize $28M in Switzerland appeared first on CyberScoop.

An international effort sanctioned Russia-based Media Land and took action against companies and people who helped Aeza Group evade previously issued sanctions. The post Five Eyes just made life harder for bulletproof hosting providers appeared first on CyberScoop.

Federal prosecutors secured five guilty pleas from people who supported overseas remote IT workers, and seized $15 million in stolen cryptocurrency tied to the North Korean regime. The post DOJ lauds series of gains against North Korean IT worker scheme, crypto thefts appeared first on CyberScoop.

SecAlliance and Silent Push confirmed that the suspected Chinese operators of the phishing kit appear to have been affected. The post Google, researchers see signs that Lighthouse text scammers disrupted after lawsuit appeared first on CyberScoop.

The suspected Chinese schemers behind it enable those constant fake E-Z Pass and U.S. Postal Service smishing messages. The post Google files lawsuit against Lighthouse ‘phishing for dummies’ text scammers appeared first on CyberScoop.

Suspected foreign hackers reportedly breached Congressional Budget Office, possibly exposing communications with lawmakers. The post Agency that provides budget data to Congress hit with security incident appeared first on CyberScoop.

The Treasury Department on Tuesday sanctioned eight people and two companies it accused of laundering money obtained from cybercrime and IT worker schemes to fund North Korean government objectives. According to the department, over the last three years North Korea-linked cybercriminals have stolen over $3 billion, mostly in cryptocurrency. In addition, it said, North Korean The post North Korean companies, people sanctioned for money laundering from cybercrime, IT worker schemes appeared first on CyberScoop.

The New York Department of Financial Services has clarified rules for financial institutions, highlighting AI oversight and lessons from recent cloud outages. The post New York updates third-party risk guidance, adds AI provisions appeared first on CyberScoop.