March 4, 2024 at 09:36AM Cybercriminals in India use the XHelper app to manage money mules for a large money laundering operation. The scheme exploits loopholes in Indian payment system regulations and involves Chinese payment gateways and a network of compromised mule accounts. XHelper facilitates mule management, recruitment, training, and communication, contributing to a thriving … Read more
February 28, 2024 at 06:25PM Cybercriminals are using user-friendly apps like XHelper to turn ordinary people into money mules, laundering stolen funds through various illegal activities. XHelper connects scammers with individuals in India to facilitate illicit transactions, with 37,000 active users and 16,000 verified bank accounts, moving approximately 160 million rupees per day. CloudSEK emphasizes … Read more
February 16, 2024 at 11:41AM Ukrainian cybercrime kingpin Vyacheslav Igorevich Penchukov has pleaded guilty to leading the Zeus and IcedID malware operations, potentially facing 40 years in prison. The US considers this a significant win in its fight against cybercrime. Penchukov’s involvement in these operations resulted in millions of dollars in losses and jeopardized critical … Read more