Plus: The FCC says SMS scams are increasing
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 Two European police authorities have arrested a hacker group that stole $3M. The arrests happened in Spain and Romania. More: - Spanish police arrested three suspects in the city of Malaga, while their Romanian counterparts arrested six.
- According to the law authorities, the suspects would post fake adverts about used products, ask their targets for pre-payment, steal the money, and then disappear.
- The police seized over $20,000 in cryptocurrencies, as well as other valuable items such as jewelry, phones, and computers.
- This arrest led to the closure of over 120 bank accounts, as the hackers conducted criminal activity in over 70 locations.
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 The U.S. government is investigating whether it has been recently hacked. The breach may have affected the federal court records management system. More: - The announcement was made by Matt Olsen, head of the Justice Department's National Security Division, who claimed that this issue is a major concern for the DOJ.
- While the threat actor responsible for the breach is not known, the U.S. government is believed to consider Iran, North Korea, China, and Russia as its main cyber threats.
- Hackers may have stolen critical data from the court's PACER system. PACER (Public Access to Court Electronic Records) is a public records system that was created with the purpose of increasing efficiency and transparency. The software is now considered relatively old and is being updated, according to government officials.
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- Strategic partnership and investment from the largest home builder in the USA, D.R. Horton Inc.
- Over 50 patent filings due to considerable innovations in building technology
- Factory 2 is now under construction
- Customer waitlist of over 100,000 pre-orders, indicating potential demand worth billions of dollars
- Guided by Volkswagen Group's Porsche Consulting Inc. for the design and implementation of Boxabl’s new factory
- Shipping houses every day
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 Carine Kanimba, an activist whose father was jailed in Rwanda, says that spyware use made the unjust arrest possible and called for an end to the practice. The arrested man, Paul Rusesabagina, is portrayed in the movie "Hotel Rwanda." More: - Rusesabagina is known for saving over 1,000 people by sheltering them in a hotel he managed in Rwanda during the Rwandan genocide.
- Kanimba, the daughter of Rusesabagina, claims that after the unjust arrest of her father, law authorities spied on her by using Pegasus.
- Pegasus is spyware developed by the Israeli NSO. The software has been used numerous times by governments around the world. While its primary purpose is to help improve national security by intercepting criminal plans, there are suspicions that governments worldwide are abusing it to spy on their political enemies.
- Kanimba claims that she had been using a U.S. phone number, while NSO group has stated that its software cannot spy on U.S.-based phone numbers without having an American agency approve the breach.
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The FCC has stated that there has been an increase in the number of SMS scams. The agency reported that the increase has been threefold, calling it a major cause of concern. More: - While in 2019 the number of complaints was 5,700, in 2021 the number reached 15,300. FCC estimates that the number for 2022 may end up being 17,000
- According to estimates, U.S. citizens received over 87 billion spam text messages in 2021, while the number is expected to increase this year.
- The FCC has made attempts to fix the issue by implementing new legislation. In 2021, the agency approved a new protocol named the STIR protocol, but while the protocol should help resolve the issue of caller ID spoofing, it only addresses voice calls, not text messages.
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 Cybersecurity startup Acronis has raised $250M. The Switzerland-based company is now valued at $8.5B. More: - Acronis provides a cloud-based software product that enables companies to detect malware before it can enter their network.
- The company aims to differentiate itself by becoming a one-stop shop, offering anti-phishing tools and data protection. Acronis creates file backups for every file the user wants and then brings them up in case of an outage.
- Acronis claims it has over 5.5 million customers worldwide and 750,000 businesses that use its products.
- While the company did not state the investors who participated in the round, Bloomberg reported that Blackrock led the $250M investment.
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- A new phishing campaign named Robin Banks has been tracked by researchers. The campaign offers free hacking tools that can be used to breach accounts belonging to Microsoft, Google, T-Mobile, Citibank, etc.
- CISA has warned that a new bug tracked as CVE-2022-26138 is being used by threat actors to breach victims and gain remote access control.
- Windows is once again being abused by threat actors. This time Windows Defender, the default antivirus program, is being used to attack systems with Cobalt Strike.
- CrowdStrike is reportedly going to acquire several Israeli cybersecurity companies for more than $2B. The publicly traded company will also establish an R&D center in the country.
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 |  | Arbër is an Inside writer who also has experience in entrepreneurship. He has experience covering Consumer Tech, Venture Capital, NFTs, Crypto, etc. Arbër holds a Bachelor's degree in Business from XAMK University in Finland. When he is not reading(and writing) business news, he chooses to watch sports or anime...and then read news about sports or anime. |   | | Editor | Aaron Crutchfield is based in the high desert of California. Over the last two decades, he has spent time writing and editing at various local newspapers and defense contractors in California. When he's not working, he can often be found looking at the latest memes with his kids or working on his 1962 Ford. | |
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