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NY Man Pleads Guilty in $20 Million SIM Swap Theft

Krebs on Security

A 24-year-old New York man who bragged about helping to steal more than $20 million worth of cryptocurrency from a technology executive has pleaded guilty to conspiracy to commit wire fraud. Following the theft, Terpin filed a civil lawsuit against Truglia with the Los Angeles Superior court.

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Symphony Technology to acquire Cybersecurity Firm McAfee for $4 billion

CyberSecurity Insiders

American Cybersecurity firm McAfee has made it official that it is going to sell its enterprise business to Symphony Technology Group (STG) for all cash $4bn. Note- In March 2021, John McAfee, who founded the security business in 1987 and resigned the company in 1994 was in news for all wrong reasons.

Insiders

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Navigating the Web of Romance Scams: A Guide for Businesses and Consumers

Webroot

This trend underscores the evolving threat landscape and the importance of continuous awareness and education on cybersecurity threats, including those that initially appear to be personal in nature. Rise in Cryptocurrency Payments : Fraudsters are increasingly asking for payments in cryptocurrency, exploiting its semi-anonymous nature.

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Cybercriminals’ friend VPNLab.net shut down by law enforcement

Malwarebytes

VPNLab had been around since 2008 and had built its service around the OpenVPN technology, used strong encryption, and provided double VPN, with servers located in many different countries. “Our service is designed for a broad spectrum of clients who care about their personal security. What is double VPN?

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