#cybercrime

#cybercrime

Aleksanteri Kivimäki, convicted of thousands of cybercrimes linked to the Vastaamo data breach, has been released from custody by the Helsinki Court of Appeal. The decision followed two days of testimony from Kivimäki, who denied all charges. The court cited his prolonged pretrial detention as the reason for release. He has been in custody since February 2023. His trial will continue through November.

The price of bitcoin briefly spiked more than $1,000 after the post claimed "The SEC grants approval for #Bitcoin ETFs for listing on all registered national securities exchanges." But soon after the initial post appeared, SEC Chairman Gary Gensler said on his personal account that the SEC's account was compromised. "The SEC has not approved the listing and trading of spot bitcoin exchange-traded products," Gensler wrote, calling the post unauthorized without providing further explanation.

"Agentic AI has been weaponized," the company said in a . "AI models are now being used to perform sophisticated cyber attacks, not just advise on how to carry them out."

The BBC's first cyber correspondent, Joe Tidy, travels the world interviewing high-profile cybercriminals and cybersecurity experts - part of a growing industry worth US$200 billion. What most intrigues him after a decade is how often hackers are solitary teenage boys, teaming up from their bedrooms, often thousands of kilometres apart, to "cause mayhem". Why? Some want to hurt people, but a "decent chunk" have no idea of the harm and chaos they cause.

Interpol's latest clampdown on cybercrime resulted in 1,209 arrests across the African continent, from ransomware crooks to business email compromise (BEC) scammers, the agency says. Operation Serengeti 2.0 took place between June and August this year, and the global policing coordinator confirmed today that it seized $97.4 million gained from cybercriminal enterprises across the continent. About $37 million was recovered in Angola, where authorities shut down 25 cryptocurrency mining centers allegedly run by 60 Chinese nationals using illegal power stations to validate blockchain transactions.

There are limitations to what we can see with this data, but what we have so far is accurate. If anything I think it's undercounting the scale of the problem.

"The BADBOX 2.0 botnet compromised over 10 million uncertified devices running Android's open-source software (Android Open Source Project), which lacks Google's security protections."

The Paris police’s cybercrime brigade continues its crackdown on cyber criminals, recently arresting four suspects linked to BreachForums and previous high-profile cyber incidents.