Facebook’s announcement of its intention to launch a new virtual currency has prompted a warning from a Charles Sturt University expert that cryptocurrencies have a number of features that make them attractive to criminals.

Russian authorities have arrested a 32-year-old man who is accused of being the leader of a group that was stealing funds from Russian banks by using a trojan that runs on the Android mobile operating system.

Data analysis by British multinational defence, security, and aerospace company BAe Systems has produced what the company claims are the six most common profiles of people involved in money laundering around the globe.