News July 13, 2022

Feds offer $5 million for information on North Korean cyber threats

2 min read - North Korean-based actors have allegedly run company breaches, crypto crime, weapons sales, money laundering, human rights abuses and WMD program funding. Given the high stakes involved, the U.S. Department of State Rewards for Justice program is offering $5 million for…

March 21, 2018

Cybercrime Profits Total Nearly $200 Billion Each Year, Study Reveals

< 1 min read - Illegal cybercrime profits total at least $80 billion and as much as $200 billion each year, an academic study into cybercriminals' money laundering schemes revealed.

Banking & Finance May 11, 2016

It All Comes Out in the Wash: The Most Popular Money Laundering Methods in Cybercrime

3 min read - Cybercriminals often leverage time-tested methods of money laundering to stay undetected and move stolen funds across secret accounts.

Banking & Finance November 5, 2014

Operation Fashion Police: Regulators Focus on Fight Against Money Laundering in Los Angeles

2 min read - A recent geographic targeting order enforced in the L.A. Fashion District is aimed at assisting in the fight against money laundering.

Banking & Finance October 10, 2014

Funding Terrorists: The Rise of ISIS

7 min read - The Islamic State of Iraq and Syria (ISIS) has generated revenue from each territory it conquers through methods such as donations, extortion and ransoms.

Fraud Protection September 16, 2014

The Most Common Schemes for Targeting the Unknowing Money Mule

10 min read - Fraudsters are using money mule scams to get unknowing, vulnerable individuals to unwittingly transfer illegally acquired funds for the criminals.

Banking & Finance September 9, 2014

Money Mule Targets: The Extremely Gullible and Financially Distressed

5 min read - A money mule is an important element in the process to cash out compromised financial accounts and can be either wittingly or unwittingly involved.

Malware December 18, 2013

Bitcoin Exchange in China: ‘Gameover?’

2 min read - As the mainstream media continues to cover bitcoin exchange as a popular Web currency, cyber criminals are increasingly doing the same to launder money.