Scammer Who Used Info of Riot Games’ Co-Founder to Mine Crypto is Jailed

The Singaporean identity fraud scammer also tricked Google and Amazon Web Services (AWS) into providing $5.4 million worth of cloud computing services by using the personal details of the co-founder…

After theft of $77.7 million, crypto platform AscendEX to reimburse customers

Crypto platform AscendEX has pledged to reimburse their customers, who lost a total of $77.7 million in a hack on December 11. In a series of Tweets, the company said…

Singapore-South Korea digital economy deal to sync up on data, payments

Singapore has finalised negotiations with South Korea on a digital economy agreement that will see both nations collaborate across several areas, including cross-border online payments, data flows, cryptography, and artificial…

Volatile and Adaptable: Tracking the Movements of Modern Ransomware

Trend Micro – Trend Micro – Volatile and Adaptable: Tracking the Movements of Modern Ransomware Ransomware Trend Micro’s tracking of modern ransomware, as well as of older families, shows which…

Log4j flaw puts hundreds of millions of devices at risk, says US cybersecurity agency

Top US government cybersecurity officials fear advanced hackers will have a field day with the Log4j vulnerability that’s likely present in hundreds of millions of devices.  Security experts are already seeing…

Singapore-UK digital economy pact to focus on cybersecurity, trade

Singapore and the UK have wrapped up negotiations on a digital economy agreement that focuses on digital trade, data flows, and cybersecurity. Under the pact, both nations will look to…

Businesses fear rise of third-party attacks, as ransomware impact grows

The majority of global businesses believe supply chain attacks can become a major threat within the next three years, with 45% experiencing at least one such attack in the last…

Just 3% of UK Firms Escaped a Supply Chain Breach in 2021

Just 3% of UK Firms Escaped a Supply Chain Breach in 2021 Some 97% of UK organizations suffered a supply chain breach over the past year, up from 82% in…

1,000 arrests made in online fraud crackdown, says Interpol

Police have arrested 1,003 individuals across 22 jurisdictions in the last few months as part of a Interpol-coordinated operation against online financial crimes, including the business email compromise (BEC) scams. …

Marine Services Giant Hit by Clop Ransomware

Marine Services Giant Hit by Clop Ransomware An APAC marine services multi-national appears to have become the latest victim of the prolific Clop ransomware gang. Swire Pacific Offshore (SPO) has…