_________________________ (CBSDFW.COM) – The pandemic has brought so many industries to an abrupt halt, but one that hasn’t slowed is sex trafficking. One local nonprofit working to combat it says […]
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An Ohio resident has been arrested by the United States authorities for running a “Bitcoin mixer” service on the dark web which was helping the criminals for impersonating the Bitcoin transactions. Larry Harmon is a 36-old man who is caught for three-count indictment in Akron, Ohio. He was operating Helix which is an online website located on the dark web.
The bitcoin blockchain is a public database which is open for everyone to purchase and invest in Bitcoin. It has been noticed that in many cases the transaction for new funds by the users are getting linked to a credit card, bank account, or Paypal account.
Helix works like a Bitcoin mixer, it is a type of service which collects funds from users and split them into minor portions and send them to a new Bitcoin address using thousands of transactions. This service helps users to hide the original funds.
“The sole purpose of Harmon’s operation was to conceal criminal transactions from law enforcement on the Darknet, and because of our growing expertise in this area, he could not make good on that promise,” Don Fort, Chief, IRS Criminal Investigation, said today in a DOJ press release.
According to the reports, Harmon was indulged in running Helix as a secondary project which was attached to his primary service called Grams. It is a search engine which collects and delivers information about numbers of drugs-related marketplaces available on the dark web.
On Grams, users can search for a drug and find the cheapest one in their area and Helix was working as a way of transaction which was helping users to hide their identity while buying the products.
According to the reports, Harmon was operating Helix since 2014 during these years he had launder more bitcoin of worth $300 million at the time of the transaction, and now it has a net value of $3.5 billion.
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Stolen credit card data from Singapore banks is valued higher on the Dark Web than that from other countries because of the robust cyber security measures protecting it and the difficulty in obtaining such data, according to new research from cyber security firm Group-IB.
The Singapore-based firm yesterday said that for cards from the United States, the average price for raw payment card data, which includes credit card number, expiration date, cardholder name and CVV number, is between US$8 (S$11) and US$10 on Dark Web shops.
Source: National Cyber Security – Produced By Gregory Evans Seven people are going to federal prison for using stolen credit card numbers and counterfeit gift cards to buy more than $1 million in cigarettes in North Carolina. The defendants then sold those cigarettes on the black market, completing a scheme that began with stolen credit […]
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The Cockrell Hill Police Department lost video evidence and a cache of digital documents after hackers invaded the department’s computer system last month. Stephen Barlag, Cockrell Hill’s police chief, said the incident was not the work of hackers, but acknowledged …
A state-of-the-art computer system using quantum mechanics and valued at $15 million dollars has been sold to a cyber-security firm. D-Wave, the developers of the quantum computer, announced the sale to Temporal Defense Systems , earlier this week. Temporal Defense …
We are coming closer to the point where a cyber-attack will cost every large business more than $1 million.
We are coming closer to the point where a cyber-attack will cost every large business more than $1 million. According to
A Liberty High School student who was playing hooky at a doughnut shop and was spotted by a teacher and escorted to the school got in deeper trouble when officials there searched his backpack.
The student, a 17-year-old who in March transferred to the Bethlehem school from New Jersey, was arrested around noon Thursday. Police said he had 285 packets of heroin and 43 of cocaine, with a street value of as much as $4,000.
“This is not a high school kid dealing drugs in school,” said Joseph J. Roy, superintendent of the Bethlehem Area School District. “As a minor, he was being used by adults to transport drugs.
In the wake of the latest high-profile hack and claims of “cyber-vandalism” being thrown about, it’s normal to feel a sense of unease. Yes, cybercrime is rising and does result in losses. However, successfully committing cybercrime isn’t as easy as one might think. The direct losses from data stolen through hacking, online card fraud, and online scams are actually relatively low when compared with the direct losses from welfare fraud or tax evasion. Moreover, current federal spending on cybersecurity dwarfs the losses suffered by victims of online scams, fraud, and other crimes, by at least three or four times. And yet we have very little idea how this money is being spent, so it’s hard to judge how effective it is. As we ponder how much to spend and what to do about so-called cyber-vandalism and cyber-warfare, we need to keep these figures in mind. It’s usually the most low-tech, low-cost, and simplest remedies that are actually the most effective in deterring crime online. Internet crime isn’t as easy as it sounds When a big data breach or “hack” takes place, we’re told about millions and millions of credit card numbers, social security numbers, and all kinds of other personal […]
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nationalcybersecurity.com – According to an NOPD press release, the men broke into the Cricket Wireless store at 5951 Bullard Avenue about 11:13 p.m. and ransacked the business. Surveillance footage from the store shows two m…