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Five people have pleaded guilty to helping North Koreans defraud U.S. companies by posing as remote IT workers, the U.S. Department of Justice announced on Friday. The five people are accused of working as “facilitators” who helped North Koreans get jobs by providing their own real identities, or false and stolen identities of more than…
Pig-butchering scams are expanding into a transnational crime model, blending trafficking and crypto laundering on a massive scale. The multibillion-dollar scam known as “pig-butchering,” once treated as a consumer-fraud issue, has crossed a new threshold, prompting concerns over national security. In a podcast, Chainalysis head of national security intelligence, Andrew Fierman and former prosecutor Erin…
Deepwatch, a cybersecurity firm that makes an AI-powered detection and response platform, laid off dozens of employees on Wednesday, citing AI as one of the reasons. John DiLullo, CEO at Deepwatch, told TechCrunch in an email that the company “is aligning our organization to accelerate our significant investments in AI and automation.” A current Deepwatch…
The Washington Post has said that it was one of the victims of a hacking campaign tied to Oracle’s suite of corporate software apps. Reuters first reported the news on Friday, citing a statement from the newspaper that said it was affected “by the breach of the Oracle E-Business Suite platform.” A spokesperson for the…
Security researchers have discovered an Android spyware that targeted Samsung Galaxy phones during a nearly year-long hacking campaign. Researchers at Palo Alto Networks’ Unit 42 said the spyware, which they call “Landfall,” was first detected in July 2024 and relied on exploiting a security flaw in the Galaxy phone software that was unknown to Samsung…
U.S. telecommunications giant Ribbon has confirmed that government-backed hackers had access to its network for almost a year before getting caught, according to a public filing. The telco giant said in a 10-Q disclosure last week with the U.S. Securities and Exchange Commission that a suspected “nation-state actor had gained access to the company’s IT…
Stablecoins dominate 40% of crypto volume as emerging markets prioritize utility over ideology. Security must become invisible, not user homework. Opinion by: Louise Ivan, co-founder and CEO of Ryder Step aside, maximalists. Crypto isn’t the domain of early adopters and philosophically driven “hodlers” anymore. The demographics of crypto usage are shifting fast, with stablecoins, in…
On Friday morning, University of Pennsylvania alumni, students, staff, and community affiliates received several emails from hackers purporting to represent the university’s Graduate School of Education (GSE). “We have terrible security practices and are completely unmeritocratic,” read the email. “We love breaking federal rules like FERPA (all your data will be leaked).” A partially redacted…
The Australian Federal Police cracked a coded crypto wallet backup holding $5.9 million after a data scientist deciphered a complex numerical sequence on a phone. Australian police cracked a coded cryptocurrency wallet backup containing 9 million Australian dollars ($5.9 million). Australian Federal Police (AFP) Commissioner Krissy Barrett described the effort as “miraculous work” during a…
LG Uplus, one of the largest telecom operators in South Korea, has confirmed to TechCrunch that it has reported a suspected data breach to Korea’s national cybersecurity watchdog KISA, but did not say when the results of its investigation would be available. All three major South Korean telecom providers, SK Telecom, KT Telecom, and now…