The US Federal Prosecutor’s Office filed a request with the US District Court for the Eastern District of Michigan, recommending that Russian citizen Ilya Angelov, the founder of the Mario Kart hacking group, be sentenced to five years and one month in prison. According to the sentencing memorandum, he is accused of cyber fraud that...Read More
Key Points Both stocks declined substantially in the past 12 months. Zscaler’s revenue grew 26% in its most recent quarterly earnings. Okta’s subscription revenue is approaching $3 billion annually. If you spend your workdays in front of a computer, there’s a solid chance you’re required to keep your company safe from bad actors through either...Read More
The global indicator ‘Estimated Cost of Cybercrime’ in the cybersecurity market was forecast to continuously increase between 2024 and 2029 by in total *** trillion U.S. dollars (+***** percent). After the eleventh consecutive increasing year, the indicator is estimated to reach ***** trillion U.S. dollars and therefore a new peak in 2029. Notably, the indicator...Read More
Today Australia has imposed sanctions against two Russian cybercrime service providers – Media Land LLC and ML. Cloud LLC – and two of their key personnel – Aleksandr Alexandrovich Volosovik and Kirill Andreevich Zatolokin. Australia has taken this action in partnership with the United Kingdom and the United States. These organisations have provided their ransomware...Read More
TASHKENT, Uzbekistan – from 9 to 11 September, the UNODC Regional Office for Afghanistan, Central Asia, Iran and Pakistan hosted a crucial three-day training on “Cybercrime prevention: From Theory to Practice.” This event, held in Tashkent, marked a significant milestone in the UNODC and UNDP joint programme to safeguard the digital well-being of young people...Read More
Cybercrime related to personal data (e.g. data breach or theft) is a well-known and widely discussed phenomenon, however, its actual impact for individuals remains difficult to quantify. Estimates of its total cost for society vary significantly depending on the source. For example, in France, Statista assessed the cost for organizations at €119 billion in 2024,...Read More
Updated March 21, 2026, 12:20 p.m. ET Just to set things straight, I don’t have an uncle. And I’m fairly certain that if I did, he wouldn’t be selling a bunch of cut-rate vehicles and Rolex watches on my Facebook page. I’ve been hacked. So buyer beware — not only of my fake used car...Read More
With digital devices in almost every pocket and on every desk, and digital infrastructure running every organization, cybercrime has become a major threat worldwide. INTERPOL Spotlight looks at how criminals use malicious software, phishing, sextortion or online scams to defraud individuals, compromise businesses and critical infrastructure, and threaten economies – while maximizing their profits. As...Read More
Key takeaways Cross-border coordination delivers impact: 19 countries worked together to drive 574 arrests, recover ~USD 3M, and dismantle key criminal infrastructure. Cybercrime is financial crime: BEC, ransomware, and online fraud operate as transnational money-moving ecosystems, not isolated incidents. Disruption matters as much as arrests: Sentinel focused on stopping losses in real time—freezing accounts and...Read More
