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Financial Crime

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Multilingual ZIP Phishing Campaigns Hit Asian Financial and Government Sectors – Evidence Points to a Shared Automated Infrastructure

A new wave of phishing attacks is sweeping across East and Southeast Asia, targeting government and financial organizations through multilingual ZIP file lures and...

Senegal’s Tax Authority Hit by Massive Cyberattack: Experts Warn of Deeper Crisis if Action Isn’t Taken

Senegal is reeling from yet another cyberattack-this time striking at the very heart of its financial administration. The Directorate General of Taxes and Domains...

Hook Version 3 Emerges: Banking Trojan Gains Ransomware Overlays, NFC Tricks, Screen-Streaming – Enterprise Security at Risk

On 25 August 2025, Zimperium’s zLabs disclosed the release of Hook Version 3, an Android banking trojan now boasting advanced ransomware-style overlays, deceptive NFC...

African Authorities Dismantle Massive Cybercrime Networks in INTERPOL-Led Crackdown

Between June and August 2025, authorities across 18 African nations, coordinated by INTERPOL, arrested 1,209 cybercriminals, dismantled over 11,432 malicious infrastructures, and recovered USD...

Chinese National Sentenced to Four Years for Deploying “Kill Switch” on Employer’s Network

On 21 August 2025, the U.S. Department of Justice announced the sentencing of Davis Lu, a 55-year-old Chinese national residing in Houston, to four...

Nigeria Deports 42 Foreign Cybercriminals After Historic EFCC Raid; 150 More to Follow

On 18 August 2025, the Nigerian Immigration Service, in collaboration with the EFCC, deported 42 convicted Chinese and Philippine nationals for their role in...

ACCC Greenlights Industry Coordination to Migrate Card Payments to Advanced Encryption Standard

On 14 August 2025, the Australian Competition and Consumer Commission (ACCC) issued a draft determination proposing authorisation for the banking industry to coordinate migration...

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