Latest cybersecurity reporting from selected sources.

Fraudsters Tokenize Stolen Cards Into Attacker WalletsGoogle Threat Intelligence Group warned that Chinese-language phishing-as-a-service platforms are using AI, encrypted messaging and real-time OTP interception to bypass multifactor authentication and provision stolen payment cards into attacker-controlled digital wallets worldwide.

Also: Gootloader Malware, GCHQ Intern Pleads Guilty, Check Point Breach UpdateThis week, a "Fast Flux" warning, Gootloader malware, an GCHQ intern pleaded guilty to stealing top secret data and Check Point undercuts hacking claim. Also, Google rolled out end-to-end encryption for some Gmail users, Apple backported patches and Dutch prosecutors cut internet access.

Gartner's Bart Willemsen on Need to Adopt Post-Quantum CryptographyNation-state adversaries will likely harvest stolen encrypted data for decryption using quantum decryption, when available. Bart Willemsen, vice president analyst at Gartner, urges enterprises to transition to post-quantum cryptography algorithms to safeguard their data.

Amateurish Ransomware Group Doubles as HackstivistsCybersecurity researchers discovered an artificial intelligence-driven ransomware group that emerged at the end of last year and compromised more than 85 victims worldwide. The group uses double extortion, combining data theft with encryption.

US and UK Water Giants Report Network Breaches and Data Leaks, But No EncryptionTwo major water providers in the U.S. and U.K. report that they recently fell victim to ransomware attacks. In both cases, attackers appear to have stolen employee or customer data that they're now holding to ransom. Ransomware trackers say known attacks, affecting all sectors, have been surging.

The Incident Involves Ransomware Encryption and Follows Familiar, Concerning TrendsA large, Seattle-based surgical group is notifying nearly 437,400 individuals that their information was potentially compromised in a ransomware and data theft incident earlier this year. The breach is part of a larger, disturbing trend in the healthcare sector in 2023.