Cybercrime

Nation states and hacktivists are cyber threats to law firms in addition to criminals, the government’s National Cyber Security Centre (NCSC) has warned.

https://www.legalfutures.co.uk/latest-news/gchq-nation-states-and-hacktivists-pose-cyber-threat-to-legal-sector

A prolific cyber crime gang thought to be based in Russia has issued an ultimatum to victims of a hack that has hit organisations around the world.

The Clop group posted a notice on the dark web warning firms affected by the MOVEit hack to email them before 14 June or stolen data will be published.

The mastermind behind a fraud subscription site used by criminals to con victims out of more than £100 million has been jailed for more than 13 years.

https://www.itv.com/news/london/2023-05-19/man-behind-multi-million-pound-fraud-site-ispoof-jailed-for-13-years

Andrew Herring tells HRNews about some of the ‘red flag’ behaviours by employees which may indicate insider fraud.

https://www.pinsentmasons.com/en-gb/out-law/news/management-perpetrating-a-quarter-of-uk-fraud-cases-survey-shows

Owners and operators of critical national infrastructure (CNI) in the UK have been urged to review their approach to cyber risk management following a warning about the threat state-aligned cyber criminals pose to their organisations.

https://www.pinsentmasons.com/en-gb/out-law/news/unprecedented-warning-cyber-threat-uk-cni

Report from the European Cyber Conflict Research Initiative (ECCRI) gives new insights into the role of cyber criminals and political hacktivists in a conflict, and critical questions around industry support to Ukraine's cyber resilience.

https://www.ncsc.gov.uk/news/new-analysis-eccri-highlights-ukraine-defence-against-russian-offensive

Police are encouraging people to improve their cyber security following a spate of hackings of old email accounts.

https://westbridgfordwire.com/warning-as-old-email-accounts-with-weak-security-hacked-by-cyber-criminals/

More than £3.9 billion has been stolen from people in the UK by scammers in the last 12 months.

https://www.digit.fyi/report-state-of-cyber-crime-in-q1-2023/#.ZEZVMRFwEvk.twitter

A man responsible for running a multi-million-pound fraud website has pleaded guilty in the UK’s largest ever fraud investigation led by the Metropolitan Police Service (MPS).

https://www.policeprofessional.com/news/man-pleads-guilty-to-running-multi-million-pound-criminal-website-following-largest-ever-mps-fraud-investigation/

Crypto Phishing has become a common day scenario making it a shortcut to becoming rich. Evidently, phishing is one of the primary ways for hackers and scammers to make money.

https://www.thecoinrepublic.com/2023/04/15/crypto-phishing-rate-rose-by-40-in-2022-kaspersky/