In a decisive move underscoring the evolving nature of cyber threats, the U.K.’s NHS England has issued an open letter to current and prospective suppliers across its digital ecosystem, calling for immediate and concerted action to enhance cybersecurity standards. The letter marks a critical juncture in the nation’s health system’s battle against increasingly sophisticated ransomware...Read More
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. Army officer duped of ₹55 lakh in major cyber fraud case in Telangana An Army officer...Read More
Coinbase disclosed that the cybersecurity incident it reported Thursday (May 15) could cost it as much as $400 million. The company’s investigation into the incident is still underway, so the full impact of the cyberattack is not yet known, Coinbase said in a filing with the Securities and Exchange Commission (SEC). “Based on the information available to the Company on...Read More
India is witnessing an unprecedented surge in cybercrime. From phishing scams and OTP frauds to fake job offers and digital arrest rackets, online criminals are becoming increasingly sophisticated. In 2023 alone, Indian citizens reported over 15 lakh cases of cyber fraud, with actual numbers estimated to be even higher due to underreporting. Recognizing this alarming...Read More
As the cow is lowered into the velociraptor enclosure, Jurassic Park’s game warden, Robert Muldoon, explains that the “raptors” display “problem-solving intelligence.” He says they’re systematically testing the enclosure for weaknesses, throwing themselves at the electric fences to find a weak spot. “They remember,” he says, with a dreadful seriousness. The film Jurassic Park, released...Read More
Eric Council Jr, the man who hacked the SEC’s X account last January, was sentenced to 14 months in prison today. In addition to the prison time, Council must forfeit $50,000 and be subject to three years of supervised release. He was arrested in October 2024, and prosecutors offered him a deal shortly afterward. Council...Read More
India’s digital transformation is moving in a direction very similar to what is visible in Russia – with rapid growth in fintech, digital government services, e-commerce, and smart city infrastructure. That kind of progress demands strong cybersecurity. India is not just as a partner, but as a key player in shaping the future of global...Read More
Google warned today that hackers using Scattered Spider tactics against retail chains in the United Kingdom have also started targeting retailers in the United States. “The US retail sector is currently being targeted in ransomware and extortion operations that we suspect are linked to UNC3944, also known as Scattered Spider,” John Hultquist, Chief Analyst at...Read More
Via Satellite archive photo Space systems are growing in importance, raising the stakes if infrastructure is disrupted. In response to growing cyber threats, the conversation surrounding cyber security and space is evolving rapidly, as regulations are developed to increase security baselines, such as IEEE P3349 Standard for Space System Cybersecurity. Many tools and regulations which...Read More
A major Japanese logistics provider confirmed this week that it had fallen victim to a ransomware attack, disrupting some of its systems. The Tokyo-based Kintetsu World Express (KWE), which offers air and sea cargo services globally, has not yet identified the specific threat actor behind the attack. In a statement on Wednesday, the company said...Read More