In a move against international cybercrime, the U.S. Department of Justice (DoJ) announced charges against Rami Khaled Ahmed, a Yemeni national accused of unleashing Black Kingdom ransomware against 1,500 systems worldwide. Targets included a medical billing company in California, a ski resort in Oregon, a school district in Pennsylvania, and a health clinic in Wisconsin....
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Important global cybercrime news has been curated by FutureCrime Researchers to keep you informed about various types of digital fraud occurring worldwide and to provide insights into the best mitigation strategies. Read below to learn more in detail. 1. Chennai: Mule Account Holder Arrested for Aiding Cybercriminals Chennai cybercrime police arrested a 40-year-old man, for...
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A recent surge in ransomware claims might signal that the profitability of the cybercriminal trade is beginning to falter and payouts are dwindling. Several cyber threat reports recently showed that ransomware attack claims reached record-breaking levels at the beginning of 2025. However, victims appear to be resisting demands in many cases. BlackFog’s State of Ransomware...
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LYON, France — Authorities in seven African countries have arrested 306 suspects and seized 1,842 devices in an international operation targeting cyber attacks and cyber-enabled scams. The arrests were made as part of Operation Red Card (November 2024 – February 2025) which aims to disrupt and dismantle cross-border criminal networks which cause significant harm to...
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For many years, ransomware has been associated with online extortion, causing businesses to become immobilized as they attempt to recover encrypted data. With cybersecurity teams preparing for these direct attacks, organizations have become accustomed to the risk of frozen systems and locked databases. However, a new and much more pernicious threat is showing up that...
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Cyberattacks are becoming more sophisticated as defenders look to make attacks more difficult to succeed. While there will likely always be individual hackers who attack specific targets, cybercrime is also a business. And like any other business, having economies of scale helps to make more money. The basic idea behind achieving economies of scale...
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Key Insights: RTX Corporation faces an $8.4 million settlement due to cybersecurity compliance issues. Analysts project a potential upside with an average target price of $134.93. RTX holds an “Outperform” recommendation with a GF Value estimate suggesting further upside. RTX Corporation (RTX, Financial) has recently settled on an $8.4 million agreement due to allegations centered...
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Cobb County government target of cyberattack A hacking group on the dark web says it plans to release hundreds of thousands of photos and documents containing sensitive, personal information from the Cobb County government. COBB COUNTY, Ga. – A Russian-speaking hacking group said it would release hundreds of thousands of documents containing sensitive, personal information...
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The Medusa ransomware gang has infected more than 300 organizations in critical infrastructure sectors such as the medical, manufacturing and technology industries. That’s according to a joint cybersecurity advisory published Wednesday by CISA, the FBI and the Multi-State Information Sharing and Analysis Center (MS-ISAC). The agencies noted that Medusa — which is not connected to...
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Cybercrime is a growing global threat, causing trillions of dollars in economic damage annually. This report explores how Eastern Europe and Russia have become a significant hub for cybercriminal activity, fueled by historical legacies, economic disparities, and state connections. The study outlines the key drivers of cybercrime in Russia and neighboring countries, including the rise...
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