Cyber

Major Crypto Firms Worked with Bitcoin ATM Operators Tied to Scams

Mainstream cryptocurrency companies including Kraken, Gemini, and Cumberland DRW transferred billions of dollars in bitcoin to ATM operators that authorities have repeatedly accused of facilitating scams targeting elderly and vulnerable Americans.

High building at Tokyo shinjuku and Mt. Fuji

Directors of Prince Group-Linked Firms Acquired Luxury Tokyo Properties

Company directors connected to Cambodia’s Prince Group, which the United States has designated a transnational criminal organization, have acquired millions of dollars in luxury Tokyo real estate.

A photo of the exterior of the U.S. Treasury Department

SolarWinds Hackers Accessed Treasury Emails on Financial Crimes, Sanctions

Russian intelligence-linked hackers who penetrated the U.S. Treasury Department in the 2020 SolarWinds cyberattack gained the ability to access email accounts across the entire agency, including staff working on sanctions and financial-crime investigations.

In the Age of Mythos, Cyberattacks Could Hit State and Local Targets Hardest

Small towns, school districts, and utilities across the United States lack the staffing and basic cyberdefenses needed to fend off a new generation of AI-enabled hacking threats even as larger institutions scramble to shore up their systems.

An image of a digital head wearing a hoodie.

Crypto Heists Spur Fears Anyone Can Be an ‘Elite Hacker’ with AI

Hackers widely believed to be linked to North Korea appear to have used artificial intelligence to pull off two crypto heists in April that netted nearly $600 million. That more can be on the way is rattling the $130-billion decentralized finance sector.

A photo of the sign for the Financial Conduct Authority (FCA) in the UK.

FCA Chief Says Growing Tech Threats Will Force Agency to Triage

The chief executive of Britain’s Financial Conduct Authority (FCA) said the regulator will no longer be able to defend against every illicit-finance threat equally and must openly prioritize what it focuses on as technology-linked scams continue to rise.

Street leading to the Chinatown in the Golden Triangle Special Economic Zone in Bokeo Province, Laos.

Scam Centers Are Becoming a Larger Security Threat, Report Finds

A new report from a U.S. think tank says industrial-scale cyber-fraud operations embedded in Southeast Asia’s special economic zones now generate an estimated $50 billion to $75 billion per year, and should be considered a hybrid security threat rather than a consumer-protection issue.

Washington, DC, USA - 2020 October 3: Sign of the International Monetary Fund at the Entrance of the IWF Headquarters Building

IMF Warns New AI Models Could Disrupt Global Financial Stability

Artificial intelligence is amplifying the cyber threats facing the global financial system and could trigger a system-wide shock unless regulators and banks build stronger defenses, the International Monetary Fund warned Thursday.

Question for Claude: Are You a Fraudster?

Customers of the Claude artificial-intelligence chatbot are being targeted by a fraud scheme in which scammers use compromised accounts to buy hundreds of pounds’ worth of gift cards.

Kaja Kallas High Representative for Foreign Affairs and Security Policy and Vice-President of the European Commission with Spain's Minister of Foreign Affairs, European Union and Cooperation Jose Manuel Albares attend a Ministerial Meeting on European Security and Ukraine in Madrid, on March 31, 2025. OSCAR DEL POZO / EUROPEAN COMMISSION — “Oscar del Pozo / European Union, Kaja Kallas speaking at a Ministerial Meeting on European Security and Ukraine (31 March 2025), via Wikimedia Commons, licensed under CC BY 4.0.”

Explainer: What’s in the EU’s 20th Russia Sanctions Package?

The European Union on Thursday formally adopted its much delayed 20th package of restrictive measures against Russia and the bloc’s biggest package of designations in two years. Here’s what’s in it.