Fraud Management & Cybercrime , Ransomware ‘Lite Panel’ Offering Easy Access to Anyone for Just $777 Confirmed by Researcher Mathew J. Schwartz (euroinfosec) • May 16, 2025 Ransomware groups continue to find innovative ways to shake down organizations large and small in their pursuit of extortion payoffs. See Also: Gartner Guide for Digital...Read More
Coinbase responded to a security incident with combative measures Thursday after the company said cybercriminals bribed some of the cryptocurrency exchange’s international support staff to steal data on customers. The unnamed threat group stole personally identifiable information and other sensitive data on less than 1% of Coinbase’s monthly users, the company said in a blog...Read More
The Lagos Zonal Directorate 1 of the Economic and Financial Crimes Commission (EFCC) arraigned Li Kuang Kuang, a Chinese national, before Justice Daniel Osiagor of the Federal High Court sitting in Ikoyi, Lagos, on Thursday, May 15, 2025. Li was charged with a one-count offence of cybercrime. According to a statement issued by Dele Oyewale,...Read More
EXCLUSIVE A ransomware attack at a Middle Eastern business partner of payroll company ADP has led to customer data theft at Broadcom, The Register has learned. It’s understood Broadcom’s HR department has begun the process of informing current and former staff who are affected by the September ransomware attack at Business Systems House (BSH). Broadcom...Read More
Cybercrime has been around for as long as computers have — but over the past 20 years, it’s exploded into a global threat, with staggering financial, political, and personal consequences. These days, large-scale cyber attacks can have domino effects that go far beyond computers and tech, affecting everything from supply chains to critical infrastructure and...Read More
UK-based members of the Scattered Spider hacking community are actively “facilitating” cyber-attacks, according to Google, as disruption to British retailers spreads to the US. A group of hackers labelled “Scattered Spider” have been linked with attacks on UK retailers Marks & Spencer, the Co-op and Harrods, with Google cybersecurity experts warning this week that unnamed...Read More
Listen to article The Securities and Exchange Commission of Pakistan (SECP) has issued a cybersecurity advisory, urging all companies to immediately strengthen their cybersecurity measures in response to heightened geopolitical tensions and an increasingly complex threat landscape. The statement was issued at a time when security sources have revealed details of a major cyber counter-offensive by Pakistan—Operation...Read More
Tech titan Google is warning US retailers about cybersecurity attacks after hackers disrupted UK businesses. John Hultquist, an analyst at Google’s cybersecurity arm, says that US retailers are now facing cyberattacks involving ransomware and extortion tactics, similar to what UK businesses have just been contending with. “Shields up US retailers. They’re here.” Hultquist says the...Read More
Ransomware gang members increasingly use a new malware called Skitnet (“Bossnet”) to perform stealthy post-exploitation activities on breached networks. The malware has been offered for sale on underground forums like RAMP since April 2024, but according to Prodaft researchers, it started gaining significant traction among ransomware gangs since early 2025. Prodaft told BleepingComputer they have...Read More
