Treasury sanctions Philippines-based Funnull Technology for supporting "pig butchering" scams that cost Americans over $200 million. The company provided infrastructure for hundreds of thousands of malicious websites, using domain generation algorithms and rapid IP switching to evade detec...
Researchers have exposed two sophisticated cybercriminal groups—Reckless Rabbit and Ruthless Rabbit—running investment scams through fake celebrity endorsements and advanced traffic distribution systems. These actors create fraudulent cryptocurrency platforms promoted via social media,...
International Operation "Red Card" led by INTERPOL has resulted in 306 arrests across seven African countries, targeting cybercriminals involved in mobile banking fraud, investment scams, and messaging app schemes. The four-month operation seized 1,842 devices and disrupted networks that v...
A new AI-powered investment scam called "Nomani" has surged 335% in late 2024, generating 100+ malicious URLs daily. The scheme combines social media ads, fake business profiles, and AI-generated celebrity testimonials to target victims. Operating through multiple phases, from initial cont...
