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📢 International Police Action Targets Persistent Phishing Attacks

📢 International Police Action Targets Persistent Phishing Attacks

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This week, there's a glitch :

🔥 Global sting sees Australian offenders arrested for cybercrime and phishing attacks
📢 Cybercriminals Pose as Australia Post: Don't Fall for Their Tricks
💵FTC Settlement: Ring to Pay $5.6M for Privacy Violations

🔥Global sting sees Australian offenders arrested for cybercrime and phishing attacks

Following the international police takedown of a cybercrime platform used by cybercriminals to steal personal credentials from victims worldwide, including more than 94,000 people in Australia, five people have been arrested both domestically and abroad. According to reports, 10,000 cybercriminals worldwide, including Australian offenders, have been using the LabHost platform to deceive victims into divulging personal information like credit card numbers, passwords, and online banking logins through persistent phishing attacks sent via emails and texts. More than 200 members of the AFP and state and territory police participated in the execution of 22 search warrants spanning five states yesterday, April 17, 2024, as a result of the Australian branch of the investigation, which was headed by the AFP's Joint Policing Cybercrime Coordination Centre (JCP3). Of these, 14 were located in Victoria, 2 in Queensland, 3 in New South Wales, 1 in South Australia, and 2 in Western Australia. [ Read more ]

Saudi Arabia, an oil-rich nation, is investing heavily in high-profile events, computing power, and artificial intelligence research, placing it at the centre of the growing competition between the United States and China for technological dominance.
Tesla stressed the need for electric vehicles to dominate the market and overcome adoption challenges. The Megapack reached an all-time high in Q1, resulting in record profitability for the company. Tesla more than doubled its AI training compute sequentially.
Moderna, Inc. (NASDAQ:MRNA) and OpenAI announced their ongoing co-innovation under a shared vision of AI's transformative potential in business and healthcare. Moderna is a digital-first company that has always used machine learning. The Company's strong data foundation and learning culture enable it to responsibly and seamlessly integrate generative AI into its operations and capitalise on next-generation AI innovation.
Coca-Cola and Microsoft announced a five-year partnership to focus on “Coca-Cola’s core technology strategy system-wide”. Coca-Cola is investing US$1.1 billion in Microsoft Cloud's generative AI.

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📢 Australia Post Warns Customers of Fraudulent Redelivery Requests

Customers of Australia Post are being alerted to a new email scam where thieves pretend to be the postal service in an attempt to obtain financial information and personal data. Australians are being targeted by con artists posing as the large delivery company with a variety of delivery scams. Some of the scams include saying that packages are being redirected until safe delivery can be made or requesting that customers click on a link to request redelivery for a fee. In an attempt to fool people into providing personal and financial information, cybercriminals send the phoney messages, something Australia Post claims it would "never" do. [ Read more ]

💵Ring Settlement: $5.6M Returned to Affected Consumers

Following a settlement with Ring over allegations the company failed to implement security measures, allowing hackers to take control of customers' accounts, cameras, and videos, and allowed employees and contractors to view customers' private videos, the Federal Trade Commission is returning more than $5.6 million in refunds to customers.In a complaint first announced in May 2023, the FTC says that Ring deceived its customers by failing to restrict employees’ and contractors’ access to its customers’ videos, using its customer videos to train algorithms without consent, and failing to implement security safeguards. These practices led to egregious violations of users’ privacy. [Read more ]

The Godfather mobile banking Trojan, which targets hundreds of banking apps, is circulating in dozens of countries worldwide with more than 1,000 samples.
After days of conjecture, the BlackSuit ransomware group has admitted to being behind the damaging cyberattack on the US pharmaceutical company Octapharma Plasma.
Google has reiterated its intention to remove third-party tracking cookies from its Chrome browser in an effort to allay ongoing competition concerns raised by UK regulators regarding its Privacy Sandbox programme.

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Samourai Wallet's founders were charged with conspiracy to launder money and operating an unlicensed money transmitter business by federal prosecutors on Wednesday.
For its users in New York, the cryptocurrency trading platform Robinhood has added Shiba Inu (SHIB). The trading platform gained notoriety as well because it transferred a sizable quantity of Shiba Inu tokens between its cryptocurrency wallets.
Stripe is bringing back the service later this summer, but only for Circle's USDC stablecoin at first. This is six years after the company stopped supporting bitcoin (BTC) and, consequently, cryptocurrency payments altogether.

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