Read More about fast-id page

Shufti globally launches webinr-icon - a new kind of identity solution!

Shufti globally launches - a new kind of identity solution!

Read more

Massive Cyberattack on Australia Uses Cryptojacking Exploits

Massive Cyberattack

According to the Australian Cyber Security Centre, a group of “state actors” hacked Australian networks on June 19 and one of the vulnerabilities they exploited is related to cryptojacking malware attacks.

As per a report, the threat actors utilized four crucial vulnerabilities in Telerik UI, including CVE-2019-18935, which was influenced by the Blue Mockingbird malware gang to damage thousands of systems with a Monero (XMR) mining software called XMRRig.

It was not mentioned if hackers had installed cryptojacking malware during the recent cyberattack, such susceptibility is preferred by cybercriminals for the installation of crypto-mining applications within the corporate systems. 

The vulnerability of CVE-2019-18935 has been explained by the report, which is also similar to the ones on the Blue Mockingbird’s attack, although it doesn’t suggest that such a gang participated in the cyberattack against Australia.

About 10 Chinese hacker groups – took part in espionage activities and reportedly have links with the Chinese government – have PlugX malware along with their weapons, which was one of the malware identified in the report of the Australian government.

According to some Australian officials, China could be responsible for the massive cyberattack, as the diplomatic issues have been increasing between the two countries. It was claimed that the attack could have come after Australia sought for an investigation on the origins of the Coronavirus, something that was not well-received the dragon nation officials, as they considered it a “discriminatory” allegation and responded with trade retaliation against the Oceanic country.

The Chinese government has rejected the claims.

Related Posts

News

Saudi Arabia has Achieved Another Victory in the Battle Against Financial Crimes

Saudi authorities seized $1.06 million from a criminal gang accused of money laundering. The culp...

Saudi Arabia has Achieved Another Victory in the Battle Against Financial Crimes Explore More

News

Hong Kong Licenses Crypto Exchanges, Limiting Services to Professional Investors

Digital currency exchanges in Hong Kong will be obliged to apply for a license prior to offering ...

Hong Kong Licenses Crypto Exchanges, Limiting Services to Professional Investors Explore More

News

Vietnam Enhances Anti-Money Laundering Laws to Prevent Financial Crimes

Vietnam regulatory departments are redefining their AML compliance measures to supervise cryptocu...

Vietnam Enhances Anti-Money Laundering Laws to Prevent Financial Crimes Explore More

News

Kazakhstan has Improved to Achieve the Lowest Risk Score for ML/TF

According to the annual report of Basel Index 2020, among the 141 countries, Kazakhstan is at 73r...

Kazakhstan has Improved to Achieve the Lowest Risk Score for ML/TF Explore More

News

UK has Suffered Fraud and Cyber Crime Losses Worth £1.3 Billion in 2021

London incurred the highest amount of losses to cybercrime and fraud in the first half of 2021, a...

UK has Suffered Fraud and Cyber Crime Losses Worth £1.3 Billion in 2021 Explore More

News

Crypto and Forex Scams Cost Belgian Investors $12 Million

According to the Belgian financial watchdog, fraudsters stole approximately $12 million from the ...

Crypto and Forex Scams Cost Belgian Investors $12 Million Explore More

News

Russian Government to Fight Cybercrimes for Digital Economy

A report by TASS news agency states that the Russian government plans to develop a center to figh...

Russian Government to Fight Cybercrimes for Digital Economy Explore More

News

BitMEX Founders Admit Violating Anti-Money Laundering Regulations

Two of the co-founders of crypto exchange BitMEX Arthur Hayes and Benjamin Delo have pleaded guil...

BitMEX Founders Admit Violating Anti-Money Laundering Regulations Explore More

News

Thailand Launches Anti-Online Scam Center to Combat Cybercrimes

The Thai Government has officially launched the Anti-Online Scam Operation Centre (AOC) as of  No...

Thailand Launches Anti-Online Scam Center to Combat Cybercrimes Explore More

News

Remarkable Progress in Facial Recognition Revealed by a New Study

Could you have imagined a few years ago that you could be identified from your brain scan? The id...

Remarkable Progress in Facial Recognition Revealed by a New Study Explore More

News

International Student Sues Commonwealth Bank for Money Laundering Scam

An Indonesian student and her family sued the Commonwealth Bank as they lost millions of dollars ...

International Student Sues Commonwealth Bank for Money Laundering Scam Explore More

News

UK Authorities Accuse Attorneys of Failure in Combating Financial Crimes

The UK regulatory authorities asserted that new data revealed prosecutors inadequately comply wit...

UK Authorities Accuse Attorneys of Failure in Combating Financial Crimes Explore More

News

FCA Bans Crypto-Related Investments in the UK

Financial Conduct Authority- FCA had proposed a ban on crypto-related investments in October 2020...

FCA Bans Crypto-Related Investments in the UK Explore More

News

FATF to Publish Revised Guidelines For Virtual Assets Service Providers

The Financial Action Task Force is all set to publish updated guidelines on virtual assets on Oct...

FATF to Publish Revised Guidelines For Virtual Assets Service Providers Explore More

News

HKMA Reveals Phishing Fraud Went Up by 145% in 2021

Statistics revealed by HKMA show that phishing fraud rose by 145% in the first half of 2021.  Hon...

HKMA Reveals Phishing Fraud Went Up by 145% in 2021 Explore More

News

UK Authorities Accuse Attorneys of Failure in Combating Financial Crimes

The UK regulatory authorities asserted that new data revealed prosecutors inadequately comply wit...

UK Authorities Accuse Attorneys of Failure in Combating Financial Crimes Explore More

News

ProtonMail added an encrypted calendar to its encrypted Gmail competitor

Previous year Google faced a hefty fine of $170 million by the Federal Trade Commission following...

ProtonMail added an encrypted calendar to its encrypted Gmail competitor Explore More

News

Travel and Leisure Industry is at Peril of Facing Data Breach

The travel and leisure industry is already facing a difficult time right now, they do not need to...

Travel and Leisure Industry is at Peril of Facing Data Breach Explore More

News

Singapore Taking New Actions Against Terror Financing and Money Laundering

Singapore’s Parliament took improved measures against the financing of terrorism and money launde...

Singapore Taking New Actions Against Terror Financing and Money Laundering Explore More

News

Dark Web Becomes a Haven for Insurance Fraud

Dark Web has recently become a growing market for unemployment insurance fraud and fraudsters can...

Dark Web Becomes a Haven for Insurance Fraud Explore More

News

Nigerian Central Bank Announces Latest Guidelines to Combat Money Laundering

The Central Bank of Nigeria ordered all customers to link their Bank Verification Number (BVN) an...

Nigerian Central Bank Announces Latest Guidelines to Combat Money Laundering Explore More

News

SEC Cautions Citizens Regarding Digital Investment Scams in the Philippines

The Securities and Exchange Commission (SEC)  has warned the public to pay caution while making d...

SEC Cautions Citizens Regarding Digital Investment Scams in the Philippines Explore More

News

CFTC Fines CHS Hedging for AML and Other Violations

The Commodity Futures Trading Commission (CFTC) has fined CHS Hedging a civil monetary penalty of...

CFTC Fines CHS Hedging for AML and Other Violations Explore More

News

Over $700M Embezzled From Iraq’s Public Fundings – Anti Corruption Commission

The Iraq Anti-corruption commission has pointed out the illegal use of people’s funding fro...

Over $700M Embezzled From Iraq’s Public Fundings – Anti Corruption Commission Explore More

News

German Parliament Passes Anti-Money Laundering Laws

On Thursday, the German parliament passed a draft of anti-money laundering measures to make sure ...

German Parliament Passes Anti-Money Laundering Laws Explore More

News

FATF to Blacklist Myanmar Over Money Laundering Concerns

Myanmar faces a blacklisting threat by a FATF because of AML compliance failure and weak regulati...

FATF to Blacklist Myanmar Over Money Laundering Concerns Explore More

News

Former NFL Player Guilty of Identity Theft, COVID-19 Relief Fraud

Ex NFL player has been found guilty to one count of unauthorized access device fraud and one coun...

Former NFL Player Guilty of Identity Theft, COVID-19 Relief Fraud Explore More

News

Facebook and LinkedIn follow Twitter’s suit demanding Clear view AI to stop scrapping user images

The previous month, after NewYork Times’ critical report on the facial recognition tech of Clearv...

Facebook and LinkedIn follow Twitter’s suit demanding Clear view AI to stop scrapping user images Explore More

News

Chandigarh Cyber Cell Unit Arrested Criminals Involved in Overseas Money Laundering Activities

A gang of a Chinese national and 20 other people got arrested by Chandigarh Police. Investigation...

Chandigarh Cyber Cell Unit Arrested Criminals Involved in Overseas Money Laundering Activities Explore More

News

Lloyds Bank of UK Issues Warning Over Increasing Threat of Crypto Scams

Lloyds Bank revealed a rise in cryptocurrency investment scams and reported a 23% increase compar...

Lloyds Bank of UK Issues Warning Over Increasing Threat of Crypto Scams Explore More

News

CBDC Rules to Be Introduced by IMF, World Bank, and G20 Countries

The international financial authorities have teamed up with the Group of Twenty (G20) to create C...

CBDC Rules to Be Introduced by IMF, World Bank, and G20 Countries Explore More

News

Bipartisan Senators Propose Amendment of the National Defense Authorization Act to Prevent Crypto Money Laundering

Bipartisan lawmakers in the US amended the obligations of anti-money laundering and updated the N...

Bipartisan Senators Propose Amendment of the National Defense Authorization Act to Prevent Crypto Money Laundering Explore More

News

Europol Convicts Israel-France Gang on $40 Million Money Laundering Plot

Europol’s joint investigation with French authorities has led to the dismantling of a Franco-Isra...

Europol Convicts Israel-France Gang on $40 Million Money Laundering Plot Explore More

News

Sebi Releases New Anti-Money Laundering Guidelines

The capital markets regulatory authority, the Securities Exchange Board of India (Sebi), publishe...

Sebi Releases New Anti-Money Laundering Guidelines Explore More

News

UK Watchdog Fines Al Rayan Bank 4M Pounds Over AML Control Failures

FCA, Britain’s financial watchdog, revealed on Wednesday, 11th Jan 2023 that it had imposed...

UK Watchdog Fines Al Rayan Bank 4M Pounds Over AML Control Failures Explore More

News

MP Calls in For UK’s Defences in Opposition to “Dirty Money” Overrun

The cross-party group of MP declares UK defences in becoming the “jurisdiction of choice for dirt...

MP Calls in For UK’s Defences in Opposition to “Dirty Money” Overrun Explore More

News

Binance revokes Upbit hackers’ attempt to launder stolen funds

At just after 16:00 UTC Wednesday, bot Twitter account Whale Alert notified Binance – which has e...

Binance revokes Upbit hackers’ attempt to launder stolen funds Explore More

News

Vietnam Collaborates with UK to Enhance AML Law Enforcement

The Vietnam Ministry of Public Security delegation, led by Deputy Minister Lieutenant General, Le...

Vietnam Collaborates with UK to Enhance AML Law Enforcement Explore More

News

Lawrence man indicted of identity theft found guilty

BOSTON (AP) — A man charged with using another person’s Social Security number to illegally obtai...

Lawrence man indicted of identity theft found guilty Explore More

News

Monetary Authority of Singapore (MAS) Fines Four Financial Institutions for Breaching AML Laws

A fine of S$3.8 million (Singapore dollar) was handed down by the Monetary Authority of Singapore...

Monetary Authority of Singapore (MAS) Fines Four Financial Institutions for Breaching AML Laws Explore More

News

UAE Freezes Assets of Irish Crime Syndicate for Laundering Money Through Dubai

The UAE has frozen the assets of Ireland’s Kinahan Crime Syndicate, mounting the pressure on an o...

UAE Freezes Assets of Irish Crime Syndicate for Laundering Money Through Dubai Explore More

News

Court Convicts Defendant of Defalcation of Public Funds in Abu Dhabi

A defendant was convicted of money laundering and tax evasion by Abu Dhabi Criminal Court and sen...

Court Convicts Defendant of Defalcation of Public Funds in Abu Dhabi Explore More

News

Taiwan FSC to Ease Authentication Rules through Biometric Verification

According to new rules, banks will be using biometric authentication methods to fulfil ID authent...

Taiwan FSC to Ease Authentication Rules through Biometric Verification Explore More

News

UAE Levies Charges Over DH115 Million to Combat Money Laundering

A total of Dh115 million ($31.3 million) has been fined by the UAE in its efforts to impede money...

UAE Levies Charges Over DH115 Million to Combat Money Laundering Explore More

News

Central Bank of Nigeria Lifts Limit on $10k Deposits for Domestic Account Holders

Domestic account holders of Nigeria will be able to access the funds in their accounts without hi...

Central Bank of Nigeria Lifts Limit on $10k Deposits for Domestic Account Holders Explore More

News

Turkey to Ban Cryptocurrency Payments to Avoid Financial Crime

The Central Bank of Turkey is to ban the use of cryptocurrency payments by 30th April. This initi...

Turkey to Ban Cryptocurrency Payments to Avoid Financial Crime Explore More

News

Japan FSA, Central Bank to Assess FI’s AML, Anti-fraud Measures

Reports have revealed that Japan’s FSA and BOJ are seeking to better understand whether the curre...

Japan FSA, Central Bank to Assess FI’s AML, Anti-fraud Measures Explore More

News

FinCEN Extends the Comment Period of Virtual Currency Regulations

FinCEN– Financial Crimes Enforcement has finally agreed to reopen the comment period of reg...

FinCEN Extends the Comment Period of Virtual Currency Regulations Explore More

News

Canada’s MP Introduces Private Member’s Bill to Amend Criminal Code

The members of parliament of Simcoe North, including the deputy minister of finance, have introdu...

Canada’s MP Introduces Private Member’s Bill to Amend Criminal Code Explore More

News

SEC Updates Regulatory Disclosures for Chinese Issuers Amid Crackdown

Chinese businesses, as per a ruling by the SEC, are directed to present additional disclosures re...

SEC Updates Regulatory Disclosures for Chinese Issuers Amid Crackdown Explore More

News

New Jersey Hospital System Hit By a Ransomware Attack

One of the largest hospital systems of New Jersey has reported that it was hit by a ransomware at...

New Jersey Hospital System Hit By a Ransomware Attack Explore More

News

Economic and Financial Crimes Commission (EFCC) Notifies Estate Agents of Anti-Money Laundering Procedures

The Economic and Financial Crime Commission (EFCC) has instructed estate agents in Port Harcourt ...

Economic and Financial Crimes Commission (EFCC) Notifies Estate Agents of Anti-Money Laundering Procedures Explore More

News

Bank of England Introduces New Regulatory Approach for Crypto

The Bank of England is formulating the UK’s first regulatory framework for crypto assets and stat...

Bank of England Introduces New Regulatory Approach for Crypto Explore More

News

Brazilian Police Block Crypto Assets Due to Suspected Fraud

Brazilian police have requested the court to block the virtual assets of suspected digital tradin...

Brazilian Police Block Crypto Assets Due to Suspected Fraud Explore More

News

US Regulators to Sharpen AML Expectations For Crypto Sector

The US regulators are increasing the AML compliance expectations within the crypto sector to ensu...

US Regulators to Sharpen AML Expectations For Crypto Sector Explore More

News

EMI Flagged Nearly 40% of UK’s E-Money Exchanges for Money Laundering Risk

A report from Transparency International revealed that nearly 40% of the UK’s e-payment companies...

EMI Flagged Nearly 40% of UK’s E-Money Exchanges for Money Laundering Risk Explore More

News

Queensland Launches New Inquiry into Star Entertainment’s Money Laundering Controls

Queensland initiates a new investigation to examine the money laundering controls of the Gambling...

Queensland Launches New Inquiry into Star Entertainment’s Money Laundering Controls Explore More

News

EU Legislation Bans On-cash Deals Over €10,000 Due to Money Laundering Threats

The European Union’s ban on cash payments over €10,000 for transactions such as car payments is e...

EU Legislation Bans On-cash Deals Over €10,000 Due to Money Laundering Threats Explore More

News

FinTech Market Gaining Traction in Asia, Slowing Down in US

The Financial Technology (FinTech) market is booming in Asia, especially in China according to a ...

FinTech Market Gaining Traction in Asia, Slowing Down in US Explore More

News

SEC Ramps Up Efforts to Tackle Identity Theft in the Captial Market

The Securities and Exchange Commission (SEC) has noted that the Identity Management System will d...

SEC Ramps Up Efforts to Tackle Identity Theft in the Captial Market Explore More

News

Lawmakers Approve Enablers Act Bill to Expand AML Reporting Requirements

A group of lawmakers have approved the revision of America’s money laundering laws after 20 years...

Lawmakers Approve Enablers Act Bill to Expand AML Reporting Requirements Explore More

News

Australia sues Facebook for $525 billion

A lawsuit was filed against Facebook by Australia’s privacy regulator, blaming the social media p...

Australia sues Facebook for $525 billion Explore More

News

South Korea’s Largest Crypto Exchange Upbit Registers with KoFIU for AML

Upbit is reportedly the first South Korean crypto exchange to register the Korean Financial Intel...

South Korea’s Largest Crypto Exchange Upbit Registers with KoFIU for AML Explore More

News

Jamaican Senate Approves Order to Combat Money Laundering

The Jamaican Senate recently approved the Proceeds of Crime (DNFBPs)(TCSPs) Order, 2022, which is...

Jamaican Senate Approves Order to Combat Money Laundering Explore More

News

Facebook affirms Libra commitment with new job openings

According to the Irish Times. Facebook is planning to hire 50 people for its payment app Calibra ...

Facebook affirms Libra commitment with new job openings Explore More

News

UAE Authorities to Coordinate Efforts Against ML/TF Among NPOs

The UAE’s Ministry of Community Development and the Financial Intelligence Unit have established ...

UAE Authorities to Coordinate Efforts Against ML/TF Among NPOs Explore More

News

Estonia’s New AML/CFT Regulatory Regime Sparks 80% Downfall in Licensed Crypto Firms

Since May 2023, Estonia’s updated crypto AML/CFT regulations have resulted in an 80% reduction in...

Estonia’s New AML/CFT Regulatory Regime Sparks 80% Downfall in Licensed Crypto Firms Explore More

News

U.S. Treasury Identifies Emerging Money Laundering Risks and Vulnerabilities

The US Department of the Treasury recently issued its National Risk Assessment for Money Launderi...

U.S. Treasury Identifies Emerging Money Laundering Risks and Vulnerabilities Explore More

News

FATF Updates Guidance on Strengthening Beneficial Ownership Information

The Financial Action Task Force (FATF), in recommendation 24, established the first international...

FATF Updates Guidance on Strengthening Beneficial Ownership Information Explore More

News

SRA Fines a Law Firm £14,000 for Breaching ID Verification Regulation

A business organization is being penalized £14,000 by the Solicitors Regulation Authority (SRA) f...

SRA Fines a Law Firm £14,000 for Breaching ID Verification Regulation Explore More

News

Members of Spalding Club Charged for Money Laundering Through Investment Scheme

Lincolnshire police reported suspected fraud cases in connection with a trading-based investment ...

Members of Spalding Club Charged for Money Laundering Through Investment Scheme Explore More

News

EBA Restricts Diamantaires from Banking Services to Curb ML/TF Risk

Financial institutions restricting diamond dealers from banking services to comply with EU’s 2015...

EBA Restricts Diamantaires from Banking Services to Curb ML/TF Risk Explore More

Take the next steps to better security.

Contact us

Get in touch with our experts. We'll help you find the perfect solution for your compliance and security needs.

Contact us

Request demo

Get free access to our platform and try our products today.

Get started