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01/24/2025
Ransomware attacks peaked in December
SC Media
Ransomware attacks in December totaled 574, which is the highest number of monthly intrusions since tracking commenced three years ago, with the newly emergent FunkSec ransomware-as-a-service gang — which is believed to have engaged in cybercrime and hacktivism operations — leading the charge with over 100 attacks last month, SecurityWeek reports.
01/24/2025
CFPB Zelle Lawsuit: Payment Platform Sued Over ‘Widespread Fraud’
ClassAction.org
On December 20, 2024, the Consumer Financial Protection Bureau (CFPB) hit the operator of Zelle and three of its owner banks with a lawsuit claiming they let down customers and violated federal law by allowing fraud to run rampant on the popular payment platform.
01/24/2025
HSI Investigation Leads to Guilty Pleas for Chinese Nationals in Fraudulent Gift Card Conspiracy
DHS
CONCORD, N.H. — Three Chinese nationals pleaded guilty Jan. 14 for their roles in a large-scale fraud conspiracy based in China after their activity was uncovered during a Homeland Security Investigations (HSI) probe.
01/24/2025
Utah County entrepreneur pleads guilty to security fraud charges involving 530 victims
KSL.com
SALT LAKE CITY — A Utah County entrepreneur has pleaded guilty in federal court to costing hundreds of clients millions of dollars after selling securities illegally.