The Court of Justice of the European Union has ruled that banks must immediately reimburse customers who become victims of fraud such as phishing. This also applies when the bank believes the customer acted with gross negligence. The ruling came in the case of a Polish bank customer. The customer was offering a product on […]
Cybercrime across Africa is evolving into a highly organized, AI-enabled ecosystem, with ransomware, business email compromise (BEC), online scams, data breaches, and digital sextortion driving unprecedented financial and societal damage. AI is accelerating phishing, deepfakes, identity fraud, and cybercrime-as-a-service, while weak legislation, limited cyber capabilities, and fragmented cross-border cooperation continue to benefit criminals. Financial services, […]
An international operation led by Europol dismantled LeakBase, a major online forum trading stolen databases and login credentials. Active since 2021, the platform had 142,000+ users and served as a key hub for cybercriminals buying and selling leaked data. On 3–4 March, coordinated actions across multiple countries led to arrests, house searches, and about 100 […]