#1 Trusted Cybersecurity News Platform Followed by 4.50+ million
The Hacker News Logo
Get the Free Newsletter
SaaS Security

secure phone | Breaking Cybersecurity News | The Hacker News

CEO of Encrypted Chat Platform Indicted for Aiding Organised Criminals

CEO of Encrypted Chat Platform Indicted for Aiding Organised Criminals

Mar 15, 2021
The U.S. Department of Justice (DoJ) on Friday announced an indictment against Jean-Francois Eap, the CEO of encrypted messaging company Sky Global, and an associate for wilfully participating in a criminal enterprise to help international drug traffickers avoid law enforcement. Eap (also known as "888888") and Thomas Herdman, a former high-level distributor of Sky Global devices, have been charged with a conspiracy to violate the federal Racketeer Influenced and Corrupt Organizations Act (RICO), according to warrants issued for their arrests. "The indictment alleges that Sky Global generated hundreds of millions of dollars providing a service that allowed criminal networks around the world to hide their international drug trafficking activity from law enforcement," Acting U.S. Attorney Randy Grossman  said  in the announcement. "This groundbreaking investigation should send a serious message to companies who think they can aid criminals in their unlawful ac
Police Arrested Hundreds of Criminals After Hacking Into Encrypted Chat Network

Police Arrested Hundreds of Criminals After Hacking Into Encrypted Chat Network

Jul 03, 2020
In a joint operation, European and British law enforcement agencies recently arrested hundreds of alleged drug dealers and other criminals after infiltrating into a global network of an encrypted chatting app that was used to plot drug deals, money laundering, extortions, and even murders. Dubbed EncroChat , the top-secret encrypted communication app comes pre-installed on a customized Android-based handset with GPS, camera, and microphone functionality removed for anonymity and security. EncroChat phones aim to securely exchange data and messages with pre-loaded apps for secure instant messaging, VOIP calling, self destruct messages, and includes a 'kill code' functionality to let users remotely wipe complete data in times of trouble. The handset and its services, which cost around £1,500 for a six-month subscription, had 60,000 users worldwide and approximately 10,000 users in the United Kingdom. "EncroChat phones were presented to customers as guaranteeing pe
Cybersecurity Tactics FinServ Institutions Can Bank On in 2024

Cybersecurity Tactics FinServ Institutions Can Bank On in 2024

Feb 14, 2024Financial Security / Cyber Threats
The landscape of cybersecurity in financial services is undergoing a rapid transformation. Cybercriminals are exploiting advanced technologies and methodologies, making traditional security measures obsolete. The challenges are compounded for community banks that must safeguard sensitive financial data against the same level of sophisticated threats as larger institutions, but often with more limited resources. The FinServ Threat Landscape Recent trends show an alarming increase in sophisticated cyber-attacks. Cybercriminals now deploy advanced techniques like deep fake technology and AI-powered attacks, making it increasingly difficult for banks to differentiate between legitimate and malicious activities. These developments necessitate a shift towards more sophisticated and adaptive cybersecurity measures. Take these industry statistics, for example. Financial firms report 703 cyberattack attempts per week.1 On average, 270 attacks (entailing unauthorized access of data, appl
Cybersecurity Resources