Rakuten Wallet is one of several major crypto-asset platforms arriving in Japan in the coming weeks, even as authorities battle against soaring losses due to theft and scams
News crime
German States Approve Criminal Law Targeting Dark Web Infrastructure
The proposal would hand prison sentences to those whose dark web platforms are used for criminal purposes
Cryptocurrency Crime Losses Surge By 400 Percent
Scams and fraud involving cryptocurrencies rose to £1.3bn last year – in spite of an 80 percent drop in crypto-asset values
Cyber-Crime Losses Soar To £34.6m In Second Half Of 2018
More than 13,000 people reported falling victim to cyber-crime in the latter part of the year, as hackers target email and social media accounts
IT Life: Jamie Hutton, Quantexa
Quantexa chief technology officer Jamie Hutton talks about artificial intelligence, international money laundering, and his favourite DJ app
Quora Mega-Breach Could Open Users To Targeted Scams
The hack exposed personal data on 100 million users, as well as information from linked accounts such as Google, Facebook and LinkedIn
North Korea Targeted £850m In Four Year Hacking Spree
North Korea's financial hacking operations are using increasingly sophisticated techniques as the country grows more desperate for cash, finds a new study
Regulators Consider Record-Breaking £30m Fine For Tesco Bank Hack
The 2016 incident, the first mass breach of accounts at a western bank, forced Tesco's financial arm to temporarily shut down online services and reimburse customers £2.5m
British Airways Hack ‘Compromises’ Customers’ Financial Details
The incident involved the theft of payment card details over a period of two weeks at the height of the summer season
Fraud Experts Warn Over Compromise Of Passport Data In Air Canada Breach
Hackers may have accessed detailed passport information on thousands of Air Canada customers after its app was compromised late last week
Encryption Helping Crooks Evade Police, Finds NCA
Apps for encrypted communications are now being used by criminals of all kinds, not just hackers, says the National Crime Agency
Online Data Pushes Identity Theft To Record High
Social media also contributed to a sharp rise in young people taking part in money laundering scams
Data Centre Heists: Raiders Steal Hundreds Of Bitcoin-Mining Servers In Iceland
Eleven suspects have now been arrested in connection with the crime spree, the biggest in Iceland's history
MoneyTaker Criminals Make Off With £10m Using Stealth Malware
The 'MoneyTaker' group has made off with around $10m so far from banks in the UK, US and Russia, all the while carefully covering its tracks
Interpol & Cisco To Combat Cyber Crime At Singapore Nerve Centre
Cisco is to contribute its world-spanning cyber-threat analysis to help battle increasingly sophisticated internet threats
Eastern European Banks Hit By £100m Cyber Crime Wave
A string of related thefts targeting banks in eastern Europe and former Soviet countries involved the coordination of physical and online teams
US Arrests Chinese Man For Multiple Cyber-Attacks
The 36-year-old was arrested in Los Angeles on hacking charges linked to the high-profile hacks of the US Office of Personnel Management and insurer Anthem
US Government Seeks Information On Thousands Of Protest Website Visitors
Dreamhost said it plans to fight a search warrant demanding information on a protest site, including the IP addresses of all 1.3 million visitors
Home Office Overlooks Scale Of Online Fraud Warns NAO
Must do better! National Audit Office says online fraud is costing billions of pounds, but is still not a priority for police or government
SWIFT Profits Drop 31 Percent Following Bangladesh Hack
The SWIFT transfer network has seen profits slashed after it invested in expanding security operations following the $81m Bangladesh Bank heist
WannaCry Ransom Note ‘Written By Chinese Speaker’
Researchers have found a linguistic link between WannaCry's ransom notes and the language used in southern China, Taiwan or Singapore
Google And Facebook Hooked By $100m Phishing Scheme
The IT giants were tricked into paying millions to a scammer who impersonated a major Taiwanese electronics supplier, prosecutors say
Drone Crime Rises In UK As Switzerland Trials Deliveries
Incidents involving the use of drones in nuisance or criminal cases grew twelve-fold in the UK over the past two years, an investigation has found
Card Scammers Hack Top Restaurants In POS Attack
A list of well-known restaurants across the US are amongst those affected by the latest mass point-of-sale breach
London & Scotland Are More Affected By Financial Cyber-Crime
One in three Londoners said they had been hit by financial computer crime
UK Police Look To Internet Of Things For Evidence
Police say washing machines and refrigerators will provide invaluable evidence as they log residents' every move
UK Police Urged To Take Crime Fighting To The Cloud
Digital technology should play an increasingly significant role to help British police tackle crime, says new report
FBI ‘Hacked 8,700 Users’ In Tor Sting
Court documents reveal US investigators hacked thousands of suspects' computers around the world
UK Police’s 10 Year Digital Plan Focuses On Communications, Forensics
A 10-year strategy sees UK police forces taking wider advantage of digital tech, while training to handle its risks
Ex-Autonomy CFO Is Indicted For Fraud
US federal authorities have accused Autonomy's former finance chief of carrying out a 'scheme' to deceive investors, regulators and HP