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Tax Season Heist: Nigerian Hacker Nets 8 Years for $1.3M Tax Refund Fraud Scheme

Tax Season Heist: Nigerian Hacker Nets 8 Years for $1.3M Tax Refund Fraud Scheme

by Team Black Belt | Feb 27, 2026 | Cybercrime

A Nigerian national has been sentenced to eight years in federal prison for orchestrating a multi-year tax refund fraud operation that targeted tax preparation firms, stole sensitive client data, and siphoned over $1.3 million in fraudulent tax refunds from the U.S....
An Interesting Alliance Forms for North Korean IT Worker Fraud

An Interesting Alliance Forms for North Korean IT Worker Fraud

by Team Black Belt | Feb 25, 2026 | Cybercrime

In a recent sentencing that highlights the evolving landscape of state-sponsored North Korean IT worker fraud, a 29-year-old Ukrainian national named Oleksandr Didenko was sentenced to five years in federal prison for his role in a sophisticated scheme that funneled...
AI-Assisted Hacker Breaches 600 Fortinet Firewalls: A Wake-Up Call on the Dangers of AI-Enabled Cyber Threats

AI-Assisted Hacker Breaches 600 Fortinet Firewalls: A Wake-Up Call on the Dangers of AI-Enabled Cyber Threats

by Team Black Belt | Feb 23, 2026 | Cybercrime

In a striking example of how artificial intelligence is transforming AI-enabled cyber threats, a Russian-speaking hacker—described as having low-to-medium technical skills—successfully compromised over 600 Fortinet FortiGate firewalls across 55 countries in just five...
Initial Access Broker Secrets for Sale: A Troubling Sign of Things to Come

Initial Access Broker Secrets for Sale: A Troubling Sign of Things to Come

by Team Black Belt | Jan 23, 2026 | Cybercrime

In the shadowy underbelly of the cybercrime economy, a new class of threat actor has risen to prominence: the initial access broker. These individuals or groups specialize in breaching corporate networks and then monetizing that foothold by selling ready-made access...
Protecting Your Family: The Rise of Virtual Kidnapping Scams and How to Fight Back

Protecting Your Family: The Rise of Virtual Kidnapping Scams and How to Fight Back

by Team Black Belt | Dec 10, 2025 | Cybercrime

In an era where our digital lives are an open book, cybercriminals are flipping the pages to write terrifying new chapters on virtual kidnapping scams. Imagine receiving a frantic text: “We’ve kidnapped your child. Pay up now, or else.” Attached is a...
A New 2FA Phishing Platform On the Market. Just in-time for the Holidays

A New 2FA Phishing Platform On the Market. Just in-time for the Holidays

by Team Black Belt | Dec 8, 2025 | Cybercrime

The 2FA phishing platform known as Tycoon has become the hottest underground commodity of 2025, a browser-based Phishing-as-a-Service (PaaS) tool that completely bypasses traditional multi-factor authentication in real time. Perfectly timed for the holiday rush, this...
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Recent Posts

  • Summer is Heating Up: Nation-State Actors Expand ORB Network Infrastructure
  • AI-Powered Phishing Is Quickly Integrating into Attack Platforms. Here’s What You Need to Know.
  • Business Email Compromise: It’s Not Just a Scam — It’s an Operation
  • Hackers Exploit Fake ChatGPT Organizations in a New Malicious Use of AI
  • Inside the Dark Web Credentials Superstore: How Cybercriminals Are Selling Your Passwords Like a SaaS Product

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Business Email Compromise: It’s Not Just a Scam — It’s an Operation

Business Email Compromise: It’s Not Just a Scam — It’s an Operation

Jul 2, 2026

Most people have heard of Business Email Compromise (BEC) — the attack where someone impersonates your CEO or a vendor to redirect a payment. But the way it's often described makes it sound simpler than it really is. The truth, revealed in recent research into...

Hackers Exploit Fake ChatGPT Organizations in a New Malicious Use of AI

Hackers Exploit Fake ChatGPT Organizations in a New Malicious Use of AI

Jul 1, 2026

We talk a lot about how AI can be used to defend against cyberattacks — but attackers are just as interested in using AI platforms against you. A new threat campaign discovered this month proves the point in a clever and unsettling way, highlighting the growing risks...

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