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 […]

Reported by Doc Louallen (Excerpt shared below. To read full report, go to: https://abcnews.go.com/amp/US/14-arrested-largest-home-depot-theft-ring-officials/story?id=124990974) Authorities in Southern California announced Tuesday the arrest of 14 people accused of running what they called the largest organized retail theft operation targeting Home Depot in the company’s history, with nine facing felony charges. The suspects are allegedly linked to […]

Reported by Katherine Bindley (Summary shared below. To read full report, go to: https://www.wsj.com/tech/ai/ai-jobs-entry-level-salary-ab2a11c0?mod=mhp) The job market remains difficult for most young workers, with unemployment for recent college graduates at 4.8% in June—higher than the overall 4% rate. However, for those with skills in artificial intelligence, the outlook is strikingly different. Entry-level professionals with AI […]

Reports reveal North Korean and Russian soldiers fighting side by side against Ukraine — a striking example of how sanctions can drive deeper military and political alliances.

Reported by Yaël Ossowski (Excerpt shared below. To read full report, go to: https://www.realclearmarkets.com/articles/2025/08/26/why_letitia_jamess_zelle_lawsuit_will_not_stop_fraud_1130863.html) Letitia James is once again ramping up the lawfare machine from her perch as New York Attorney General. This time, rather than pursuing presidential candidates or thwarting DOGE cuts to the bureaucracy, she’s directing legal firepower at fraudsters using peer-to-peer finance apps, specifically […]

Treasury suggests KYC’ing DeFi Reported by Steven Stradbrooke (Excerpt shared below. To read full report, go to: https://coingeek.com/gemini-pre-ipo-stats-underwhelm-treasury-to-kyc-defi/) Not everyone in the federal bureaucracy has been told to ‘stand down’ on crypto issues. On August 18, the Treasury Department issued a request for comment on ‘Innovative Methods to Detect Illicit Activity Involving Digital Assets.’ Interested parties have […]

Reported by PYMNTS (Excerpt shared below. To read full report, go to: https://www.pymnts.com/cryptocurrency/2025/occ-lifts-consent-order-against-crypto-focused-anchorage-digital-bank/) The Office of the Comptroller of the Currency(OCC) has terminated a 3-year-old enforcement action against Anchorage Digital Bank, the first federally chartered cryptocurrency-focused bank. The April 21, 2022, consent order addressed the bank’s failure to adopt and implement required Bank Secrecy Act and anti-money laundering measures, […]

Reported by Reuters (Excerpt shared below. To read full report, go to: https://www.reuters.com/sustainability/dutch-online-bank-bunq-fined-failures-money-laundering-controls-2025-08-25/) Dutch online bank Bunq has received a 2.6 million euro ($3.04 million) fine for failures in its money laundering controls, Dutch central bank DNB said on Monday. Bunq said it disagreed with DNB’s decision, to which it has formally objected. DNB said […]

Reported by Dalya Alberge (Excerpt shared below. To read full report, go to: https://www.theguardian.com/artanddesign/2025/aug/22/lies-private-jets-missing-86m-inigo-philbrick-art-world-swindle) As an art dealer in London and Miami, Inigo Philbrick had the Midas touch and lived the high life, with private jets, $5,000 bottles of wine and $7,000 suits. But in 2019 he was exposed as a serial swindler who had created one […]

Reported by Aaron Krolik (Excerpt shared below. To read full report, go to: https://www.nytimes.com/2025/08/24/business/russia-sanctions-ukraine-war.html) What kind of power can the United States exert to punish other countries for their misdeeds? The answer, in the age of nuclear weapons, has been economic power. Impose sanctions and cut off access to the U.S. dollar, the thinking goes, […]