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Financial Crime/Fraud Prevention

US confirms JBS Foods ransomware cyberattack likely Russia-linked

The US has confirmed that the cyberattack on food processing company JBS Foods was a ransomware attack likely coordinated by a Russian group.

Interpol diverts $83m of online fraud from cybercriminals

Interpol claims it has intercepted $83m belonging to victims of online financial crime from being transferred into the accounts of their hackers.

JBS Foods halts production following multinational cyberattack

Food processing giant JBS Foods has closed down production at multiple sites globally following a cyberattack.

Japan suffers large cyberattacks following government, airport hacks

Japan has experienced two recent cyberattacks that were directed at the Fujitsu company and Greater Tokyo-based Narita Airport.

Cybersecurity assessment required for US pipelines following Colonial attack

A Biden administration directive will require US pipeline operators to conduct a cybersecurity assessment on their pipelines following the recent Colonial Pipeline hack.

Belgian Interior Ministry reveals two-year long cyberattack of its network

Belgium’s Federal Public Service (FPS) Interior has claimed it has suffered a ‘complex, sophisticated and targeted cyberattack’ to its IT system.

PayPal teams with Arkose to tackle fraud on its Honey platform

PayPal has entered a collaboration with online fraud and abuse prevention company Arkose Labs to tackle fraud and security threats on its Honey shopping platform.

FaceTec, Onfido team to take on growing digital fraud challenge

US face matching platform FaceTec has partnered with identity verification company Onfido to combat the rising challenge of digital fraud.

Forter bags $300m Series F to become highest ever valued fraud prevention firm

US fraud prevention business Forter has snared $300m from a Series F funding round led by Tiger Global Management.

US hacker pleads guilty to selling healthcare employee data on dark web

A dark web hacker has pleaded guilty to stealing information from 65,000 employees of the University of Pittsburgh Medical Center (UPMC).

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