The number of companies paying ransoms to cybercriminals has seen a significant increase over the past year, driven largely by the advancement of artificial intelligence in facilitating more sophisticated attacks.
Crime
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Russia has achieved unprecedented levels of cryptocurrency-related criminal activity as Vladimir Putin intensifies efforts to conduct international trade outside conventional Western financial systems. Recent data compiled by financial analysts reveals
Illicit Weight Loss Drug Supplier Alluvi Persists with Unlicensed Sales After High Profile MHRA Raid
A company linked to the globe’s largest known seizure of illicit weight-loss medications remains active in the UK market despite regulatory intervention. Alluvi, the firm in question, continues to distribute
The six-year search for Zhimin Qian, the Chinese orchestrator of the United Kingdoms largest money laundering case, concluded with her arrest in a modest York Airbnb. At age forty-seven, Qian
The remains of three dinosaurs sold at auction for £12.4 million have been seized under proceeds of crime law, casting a spotlight on the intersection of ultra-wealth and international investigations.
The Metropolitan Police has openly criticised Apple for what it describes as ongoing negligence in curbing the trade-in of stolen iPhones, as London faces a sharp uptick in mobile phone
Tens of millions of pounds have been lost by unsuspecting investors following the collapse of the 79th Group, now suspected to be one of the largest Ponzi schemes in British
Denmark’s attempt to recover £1.4 billion from convicted fraudster Sanjay Shah has failed at the High Court in London, marking one of the most high-value legal defeats in recent British
The past year has seen a wave of digital assaults shake some of Britain’s most recognisable names to their core, exposing vulnerabilities across the UK’s intricate network of outsourced IT
Digital challenger bank Monzo has been slapped with a £21 million fine by the Financial Conduct Authority (FCA) after its verification systems allowed customers to open accounts using patently absurd
In a significant development within the financial sector, Standard Chartered Bank is confronting a massive $2.7 billion lawsuit related to the infamous 1MDB scandal. The legal action, filed in Singapore’s
One of the largest healthcare organisations in the United States, United Health Group, is now the subject of a criminal investigation by the US Department of Justice. The investigation, overseen
Soaring crime levels are costing the UK economy a staggering £250 billion annually, according to a report by the centre-right think tank, Policy Exchange. The report attributes this alarming economic
In a remarkable development for the UK’s public finances, a substantial cryptocurrency seizure valued at £5 billion could potentially help address the nation’s fiscal challenges. The digital currency haul, currently
A significant retail theft operation targeting Lululemon stores across multiple US states has resulted in the arrest of a Minneapolis-St Paul couple, with stolen merchandise valued at nearly £800,000. Jadion
Swiss prosecutors have unveiled damning allegations against commodities trading behemoth Trafigura, accusing the firm of orchestrating a €5 million bribery scheme targeting an Angolan official. The unsealed indictment places the
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