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04/29/2021
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WorkScoop
If schools, hospitals and police organizations want to fend off ransomware, it's going to take a major effort. The latest on deepfake technology. And trouble for two bitcoin scammers. This is CyberScoop for April 29, 2021.

A plan to curb digital extortion

A task force made up of experts from government, industry, education and the health and nonprofit sectors released a new report that makes sweeping recommendations on how to combat ransomware, which it calls a global national-security risk that can paralyze organizations. Ideas include more regulation around cryptocurrency, larger investments in state and local cybersecurity efforts and discouraging nominal U.S. allies from sheltering accused hackers within their borders. Ben Freed has the news at StateScoop.


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Layers of fraud: the future criminal use of deepfakes

There are growing signs of an underground marketplace developing for sellers and buyers of deepfake technology who intend its use for criminal purposes, according to Recorded Future research out Thursday. That, combined with publicly known deepfake usage for crime, misinformation and disinformation, is likely where malicious manipulated video and audio files are heading, the company predicted. It has ramifications for things like multi-factor authentication methods that rely on facial recognition technology, as one example. Tim Starks has the rundown.


SIM swapper admits role in highly watched case

A plan to steal cryptocurrency and hard-to-find social media accounts has ended with one schemer set to spend at least two years in prison. Eric Meiggs, of Massachusetts, pleaded guilty to planning to steal social media account names and hundreds of thousands of dollars worth of cryptocurrency, the U.S. Department of Justice announced. Meiggs and a team of associates used SIM swapping, a practice in which scammers take control of victims’ phone numbers, to try to steal more than $530,000 in cryptocurrency from 10 people. Jeff Stone has more.


Lifting the fog on a cryptocurrency scheme

U.S. federal agents on Tuesday arrested Roman Sterlingov, the accused mastermind of a $336 million, decade-long scheme to launder the ill-gotten gains of cybercriminals. Sterlingov allegedly ran Bitcoin Fog, a means of further anonymizing bitcoin transactions. As part of the investigation, one IRS agent pretended to use Bitcoin Fog to launder money made off the sale of ecstasy, according to court documents. Sean Lyngaas has the story.


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