#cybercrime
8 articles found
Latest
Ukrainian extradited to U.S. in $500K Conti ransomware case
U.S. authorities have taken custody of a Ukrainian national extradited from Ireland to face charges linked to the Conti ransomware group, which prosecutors say hit more than 1,000 victims and extracted at least $150 million in ransom payments. The defendant, identified as Oleksii Lytvynenko, arrived in Tennessee this week after Irish proceedings concluded. 
Ukraine's law enforcement officers are leveling up with cryptocurrency training, thanks to a collaboration between tax authorities from the US, UK, and Netherlands. This initiative aims to boost their skills in handling decentralized assets, detecting illicit transactions, and curbing tax and sanctions evasion. “Knowledge sharing is one of the priorities within these international partnerships and can contribute to greater know-how to counter cybercrime,” said the director general of the Dutch Fiscal Information and Investigation Service. 
Safeguarding Your Crypto: Meet the Defenders at CAT Labs
According to the analytical firm Cybersecurity Ventures, losses caused by cybercrime will increase by 15% annually and are expected to reach $10.5 trillion per year by 2025. To protect the assets of both the government and private investors, CAT Labs, a startup, is stepping in to provide solutions. 1 - 8 of 8 results