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Bank Info Security 5 months, 4 weeks ago

Fraud Tops Ransomware in WEF's 2026 Cybersecurity Outlook

Findings From WEF's 2026 Report Show Shifting Cyber Priorities as AI Reshapes RiskCyber-enabled fraud has overtaken ransomware as the top cybersecurity concern for CEOs heading into 2026, according to the World Economic Forum's Global Cybersecurity Outlook 2026, released ahead of the Davos meeting. AI is a top emerging technology affecting both cyber risk and cyber defense.

Cybercriminals are increasingly using AI to lower the barrier to entry for fraud and hacking, shifting from skill-based to AI-assisted attacks known as "vibe hacking." Flare examines how underground forums promote AI tools, jailbreak techniques, and so-called "Hacking-GPT" services that promise ease rather than technical mastery. [...]

Krebs on Security 1 year, 2 months ago

Breachforums Boss to Pay $700k in Healthcare Breach

In what experts are calling a novel legal outcome, the 22-year-old former administrator of the cybercrime community Breachforums will forfeit nearly $700,000 to settle a civil lawsuit from a health insurance company whose customer data was posted for sale on the forum in 2023. Conor Brian Fitzpatrick, a.k.a. "Pompompurin," is slated for resentencing next month after pleading guilty to access device fraud and possession of child sexual abuse material (CSAM).

Krebs on Security 4 years, 3 months ago

RaidForums Gets Raided, Alleged Admin Arrested

The U.S. Department of Justice (DOJ) said today it seized the website and user database for RaidForums, an extremely popular English-language cybercrime forum that sold access to more than 10 billion consumer records stolen in some of the world's largest data breaches since 2015. The DOJ also charged the alleged administrator of RaidForums -- 21-year-old Diogo Santos Coelho, of Portugal -- with six criminal counts, including conspiracy, access device fraud and aggravated identity theft.