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Latest coverage for Cybercrime

Cybercrime includes illegal digital activity such as hacking, fraud, and extortion, posing risks to data, systems, finances, and public safety.

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Cybercrime involves illegal activities conducted using computers or networks, such as hacking, identity theft, financial fraud, and distribution of malware. These crimes exploit vulnerabilities in software, hardware, or human behavior to gain unauthorized access, steal data, or disrupt services. Understanding the methods and motives behind cybercrime is essential for identifying relevant threats and attack vectors.

For security practitioners, cybercrime highlights the importance of protecting critical systems against exploitation through strong access controls, timely patching of vulnerabilities, and user awareness training to prevent social engineering attacks. Monitoring for indicators of compromise and analyzing threat intelligence related to cybercriminal tactics can improve detection and mitigation efforts. Effective defense requires a focus on both technical safeguards and operational readiness to respond to evolving criminal techniques.

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Bank Info Security 5 months, 1 week ago

Why Good Cyber Defense Rarely Stops Attackers

Global Cyber Alliance: as AI Fuels Cybercrime, Outcomes Keep Getting WorseSecurity teams report stronger controls and broader collaboration each year. Yet cybercrime outcomes continue to worsen. Brian Cute of the Global Cyber Alliance says artificial intelligence-based attacks are tipping the scales against cyber defenders.

Bank Info Security 5 months, 1 week ago

Why Good Cyber Defense Rarely Stops Attackers

Global Cyber Alliance: as AI Fuels Cybercrime, Outcomes Keep Getting WorseSecurity teams report stronger controls and broader collaboration each year. Yet cybercrime outcomes continue to worsen. Brian Cute of the Global Cyber Alliance says artificial intelligence-based attacks are tipping the scales against cyber defenders.

Bank Info Security 5 months, 1 week ago

Harvard, UPenn Data Leaked in ShinyHunters Shakedown

Leaked Financial and Admissions Data Includes Contact Details for 'Top Donors'Harvard University has been named as a victim and doxed by hack-and-leak group ShinyHunters, apparently as a result of the cybercrime group's ongoing "live phishing" attacks that often attempt to trick IT help desks into giving attackers direct access to a victim's network and cloud-based data.

Bank Info Security 5 months, 1 week ago

TRM Labs Raises $70M Series C for AI Crime-Fighting Push

Funding at $1B Valuation Targets AI-Driven Investigations and Compliance ToolsTRM Labs has secured $70 million in Series C funding led by Blockchain Capital reaching a $1 billion valuation. CEO Esteban Castano says the money will boost AI-powered investigations, compliance automation and intelligence as criminals use AI to scale cybercrime faster than defenders can respond.

Bank Info Security 5 months, 1 week ago

TRM Labs Raises $70M Series C for AI Crime-Fighting Push

Funding at $1B Valuation Targets AI-Driven Investigations and Compliance ToolsTRM Labs has secured $70 million in Series C funding led by Blockchain Capital reaching a $1 billion valuation. CEO Esteban Castano says the money will boost AI-powered investigations, compliance automation and intelligence as criminals use AI to scale cybercrime faster than defenders can respond.

Bank Info Security 5 months, 1 week ago

Harvard, UPenn Data Leaked in ShinyHunters Shakedown

Leaked Financial and Admissions Data Includes Contact Details for 'Top Donors'Harvard University has been named as a victim and doxed by hack-and-leak group ShinyHunters, apparently as a result of the cybercrime group's ongoing "live phishing" attacks that often attempt to trick IT help desks into giving attackers direct access to a victim's network and cloud-based data.