North Korean Digital Fraud and Data Breaches on the Rise

North Korean digital fraud is growing, with researchers publishing 1,000 email addresses linked to scams perpetrated against Western companies. The issue has gained international attention, with governments and analysts warning of its dangers.

Meanwhile, a popular cryptocurrency exchange platform Coinbase disclosed a data breach affecting less than 1% of its users. Attackers stole customer data, including names, phone numbers, and government IDs, with the goal of impersonating the victims and tricking them into giving away their cryptocurrency.

Additionally, 12 people have been indicted in connection with a $263 million crypto heist. The indictment alleges that the defendants used stolen cryptocurrency for luxury items, private jet rentals, and exotic cars.

A recent Instagram post by former FBI director James Comey sparked outrage, with some accusing him of calling for violence against President Trump. However, Comey has clarified that his intention was not to incite violence and has removed the post.

Other news highlights include Telegram’s crackdown on money laundering in cryptocurrency scams, and a new security feature announced by Google to detect potential scam texts in Google Messages. The company is also launching an extra-secure mode for its Android 16 operating system, Advanced Protection, which will provide enhanced scanning features for vulnerable users.

As the rise of generative AI services continues, people are looking for ways to verify and vet their digital interactions online. With the increasing number of data breaches and cybersecurity threats, it’s essential to stay informed and take necessary precautions to protect yourself online.

Source: https://www.wired.com/story/coinbase-will-reimburse-customers-up-to-400-million-after-data-breach