#1 Middle East & Africa Trusted Cybersecurity News & Magazine |

33 C
Dubai
Thursday, September 11, 2025
HomeTopics 2Financial Crime

Financial Crime

spot_imgspot_imgspot_imgspot_img

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...

Ghanaian Nationals Extradited in $100M Romance Scam and Business Email Compromise Case

On 8 August 2025, U.S. federal authorities announced the extradition of three Ghanaian nationals accused of leading an international fraud network that stole over...

New Mobile Money Scam in Burkina Faso: Central Cybercrime Unit Raises Alarm

The Central Brigade for the Fight Against Cybercrime (BCLCC) in Burkina Faso has issued a high-alert fraud advisory after detecting a growing scam targeting...

GMX Suffers Massive $42M DeFi Hack: A Critical Wake‑Up Call for Decentralized Exchanges

On 9 July 2025, the decentralized perpetual exchange GMX-operating on Arbitrum V1-was robbed of approximately $42 million in crypto assets from its GLP liquidity pool,...

Fake News for Real Scams: Inside the Global Threat of Baiting News Sites and Crypto Investment Fraud

In July 2025, Bahrain-based cybersecurity firm CTM360 released a bombshell report exposing the alarming global rise of Baiting News Sites (BNS) fraudulent news platforms...

How a $2.7K Bribe Enabled a $140 Million PIX Theft from Brazilian Banks

In a dramatic cyber heist on 30 June 2025, hackers paid just R$15,000 (~$2,760) for insider credentials at C&M Software then orchestrated Brazil's largest digital banking...

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

Must read

spot_imgspot_imgspot_imgspot_img