Reported by FinCEN Summary shared here. To read full report, click and download below: A newly released FinCEN Financial Trend Analysis unmasks the staggering scale of Chinese Money Laundering Networks (CMLNs) operating inside the U.S. Between 2020–2024, over 137,000 suspicious activity reports tied to CMLNs revealed $312 billion in illicit financial flows. What investigators found […]

Reported by Financial IT (Excerpt shared below. To read full report, go to: https://financialit.net/news/aml-and-kyc/fincen-issues-advisory-and-financial-trend-analysis-chinese-money-laundering) Today, the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) is raising the alarm on Chinese money laundering networks (CMLNs), which pose a significant threat to the U.S. financial system. FinCEN is issuing: (1) an Advisory to urge financial institutions to […]

Reported by Ravie Lakshmanan (Excerpt shared below. To read full report, go to: https://thehackernews.com/2025/08/storm-0501-exploits-entra-id-to.html?m=1) The financially motivated threat actor known as Storm-0501 has been observed refining its tactics to conduct data exfiltration and extortion attacks targeting cloud environments. “Unlike traditional on-premises ransomware, where the threat actor typically deploys malware to encrypt critical files across endpoints within the […]