Latest cybersecurity reporting from selected sources.

Human did 10% of the job, AI did 90%

Discover how deepfakes, voice cloning, and AI-powered phishing are reshaping digital deception—and learn practical strategies to strengthen identity security with real-time, AI-driven defenses.

Nisos infiltrated a North Korean IT-worker fraud cell running on AI interviews and a US laptop farm

Telegram-based 'Outsider Enterprise' accused of sending millions of scam texts and impersonating trusted brands

Victims Increasingly Face Multiple Compromises From a Single IncidentIdentity theft scams are increasingly unfolding as coordinated, AI-assisted attack chains that begin with phishing or impersonation escalate into account takeovers, device compromise and broader fraud, according to the Identity Theft Resource Center.

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.

A solo Russian-speaking threat actor ran a 5-year Telegram channel and, starting September 2025, used AI to automate its content, credential theft, and a cryptocurrency fraud scheme targeting American audiences.

Ransomware Payouts, AI-Driven Threats and Reshaping Payment FraudIn this week's panel, four ISMG editors discussed a ransomware case that once again raises questions about paying extortionists, why security leaders fear AI is accelerating attacks faster than humans can respond and how the rise of instant payments is reshaping fraud programs at banks.

As fake identity fraud is projected to cause $40 billion in losses next year, leaders must abandon static security in favor of rapid-iteration, AI-enabled defenses that adapt in days, not months. The post Weaponized AI: The new frontier of fraud and identity spoofing appeared first on CyberScoop.

Also: Google’s $40B AI Bet, Insights From Google Next ConferenceIn this week's panel, four ISMG editors discussed North Korea's use of fake video meetings to fuel crypto fraud, Google's $40 billion investment in Anthropic and what it signals for the AI race, and key takeaways from Google Next in Las Vegas on enterprise AI adoption.

Banks Must Prepare for the Coming DelugeInterpol added to warnings about a coming torrent of intelligence-enabled global fraud in an annual assessment assessing that victim losses reached $442 billion last year. AI-enhanced fraud is more than four times more profitable than traditional fraud methods, Interpol found.

Real-Time Payments, AI-Led Exploits Are Exposing Flaws Fraud Detection Can't CatchFor years, fraud prevention has followed a familiar script. A transaction is initiated. A model evaluates it. Fraud still gets detected as it happens or after it occurs. But this model is breaking down with the rise of instant payments and artificial intelligence tools.

Cybersecurity researchers have unmasked a novel ad fraud scheme that has been found to leverage search engine poisoning (SEO) techniques and artificial intelligence (AI)-generated content to push deceptive news stories into Google's Discover feed and trick users into enabling persistent browser notifications that lead to scareware and financial scams

Joël Winteregg of Vyntra on How AI Is Industrializing Fraud at Unprecedented ScaleGen AI has created a "paradise" for fraudsters, said Joel Winteregg, CEO of Vyntra. Just as Interpol coordinates across borders to dismantle criminal networks, Winteregg said banks must operate as a unified intelligence network, because the fraud operations targeting them already do.

As traditional fraud markers become obsolete, we must treat digital identity as critical infrastructure and adopt a layered, real-time defense to neutralize sophisticated crime rings. The post Don’t just fight fraud, hunt it appeared first on CyberScoop.

Bots are now firmly in the toolbox, helping crooks scale old scams Crims are taking advantage of AI to sharpen old scams. The FBI reported Monday that cybercrime losses hit a record $20.87 billion in 2025, with help from bots.…

Cryptocurrency scams alone cost victims over $7 billion, while AI-enabled fraud threats are on the rise, says FBI

Visa CISO Subra Kumaraswamy on Securing Agents, Fighting Fraud, Protecting CommerceAI is transforming trust in global payments as attackers scale faster and agents automate decisions. CISO Subra Kumaraswamy explains how Visa uses AI to combat fraud, secure transactions and build trust across consumers, merchants and a rapidly evolving digital ecosystem.

Federal Proposal Pushes AI Adoption While Avoiding Regulatory DetailThe White House AI framework urges rapid deployment and federal alignment to counter China while proposing guardrails on fraud, safety and speech - but leaves unresolved conflicts on IP, content regulation and state preemption that Congress must navigate.

North Carolina musician Michael Smith has pleaded guilty to collecting over $10 million in royalty payments through a massive streaming royalty fraud scheme on Spotify, Apple Music, Amazon Music, and YouTube Music. [...]