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Cryptocurrencies and cybercrime: A critical intermingling

Security Affairs

As cryptocurrencies have grown in popularity, there has also been growing concern about cybercrime involvement in this sector Cryptocurrencies have revolutionized the financial world, offering new investment opportunities and decentralized transactions.

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Keeping criminal justice information secure with advanced authentication

Security Boulevard

According to the FBI’s 2020 Internet Crime Report, the Internet Crime Complaint Center received 791,790 cybercrime complaints in 2020, with. The post Keeping criminal justice information secure with advanced authentication appeared first on Entrust Blog.

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Police seized Crimemarket, the largest German-speaking cybercrime marketplace

Security Affairs

German police seized the largest German-speaking cybercrime marketplace Crimemarket and arrested one of its operators. The Düsseldorf Police announced that a large-scale international law enforcement operation led to the seizure of the largest German-speaking cybercrime marketplace.

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Moldovan citizen sentenced in connection with the E-Root cybercrime marketplace case

Security Affairs

US DoJ sentenced a Moldovan national (31) to 42 months in federal prison for operating the E-Root cybercrime marketplace. Diaconu was operating the E-Root cybercrime marketplace. Follow me on Twitter: @securityaffairs and Facebook and Mastodon Pierluigi Paganini ( SecurityAffairs – hacking, cybercrime)

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2023 FBI Internet Crime Report reported cybercrime losses reached $12.5 billion in 2023

Security Affairs

The FBI Internet Crime Complaint Center (IC3) 2023 report states that reported cybercrime losses reached $12.5 The 2023 Internet Crime Report published the FBI’s Internet Crime Complaint Center (IC3) reveals that reported cybercrime losses reached $12.5 billion in 2023. billion in 2023.

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Cybercrime will cost Germany $224 billion in 2023

Security Affairs

Cybercrime will cost Germany 206 billion euros ($224 billion) in 2023, German digital association Bitkom told Reuters. According to the German digital association Bitkom, cybercrime will have a worrisome impact on the economy of the state in 2023.

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Microsoft seized the US infrastructure of the Storm-1152 cybercrime group

Security Affairs

Microsoft’s Digital Crimes Unit seized multiple domains used by cybercrime group Storm-1152 to sell fraudulent Outlook accounts. Microsoft’s Digital Crimes Unit seized multiple domains used by a cybercrime group, tracked as Storm-1152, to sell fraudulent accounts. ” reads the announcement published by Microsoft.