On Friday, April 7, the FBI arrested Zhengquan Zhang, a 31-year-old IT engineer, who now stands accused of installing malware on his employer's servers to steal proprietary source.
A group of criminals went as far as to register and manage two Internet Service Providers in two different countries in order to manage an illegal TV streaming platform that offered IPTV (IP Television) service to customers all over the world.
The Internet's largest Dark Web marketplace AlphaBay announced upcoming support for Ethereum, the cryptocurrency that recently is giving Bitcoin a running for today's most popular digital currency.
The number of Dark web services has gone down significantly following the Freedom Hosting II hack that took place at the start of February, and is only around 4,400 services, according to a recently published OnionScan report.
Brian P. Johnson, 44, of Baton Rouge, Louisiana, will have to spend the next 34 months in federal prison and pay $1,134,828 in damages after hacking his former employer shortly after being fired.
In recent months, security researchers, hackers, and other dwellers of the cyber-criminal underground have noticed an uptick in XMPP (formerly Jabber) spam.
Taiwanese authorities sentenced three crooks they arrested last summer to five years in prison for their role in a massive ATM heist operation that involved a total of 22 individuals.
Crooks lurking around the Internet's underbelly have created a service called Ripper.cc, a database of known and proven fraudsters.
The Los Angeles Community College District (LACCD) agreed to pay a ransom demand of $28,000 to crooks who managed to infect the computer network of the Los Angeles Valley College (LAVC) with ransomware.
Police in Shelton, Connecticut have arrested a teenager for launching DDoS attacks on his/her former high school's network.
A UK judge sentenced a crook part of a cybercrime operation that used banking malware to five years in prison for stealing £840,000 ($1,035,000) from victims all over the world.
Romanian authorities have arrested and extradited to the US three nationals suspected of creating and distributing the Bayrob malware.
The Russian Parliament is working on a new law that would introduce criminal liability for hackers creating tools and participating in cyber-attacks against Russian infrastructure.
Unidentified hackers have stolen $31 million (₽2 billion) from customer accounts at Russia's Central Bank, but officials have managed to recover $26 million (₽1.66 billion) from the stolen funds, said the bank in a report released today.
British authorities have arrested fourteen people across the country on suspicion of helping the cybercriminals behind the Dridex and Dyre malware launder ill-gotten funds.