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The Spanish Police dismantled a cybercrime and money-laundering organization that made €140 million ($160 million) from investment fraud and business email compromise (BEC) attacks. [...]
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.
Cyber-fraudsters move quickly from compromised devices to account takeover to funds transfer, shifting money before many financial institutions can react.
U.S. victims lost nearly $21 billion to cyber-enabled crimes last year, driven primarily by investment scams, business email compromise, tech support fraud, and data breaches, the Federal Bureau of Investigation says. [...]
Cybersecurity researchers have disclosed a new Android malware family called Perseus that's being actively distributed in the wild with an aim to conduct device takeover (DTO) and financial fraud
International cops stuck down 23 servers in 7 countries Cops from eight countries this week disrupted SocksEscort, a residential proxy service used by criminals to compromise hundreds of thousands of routers worldwide and carry out digital fraud, costing businesses and consumers millions.…
Cybersecurity researchers have discovered half-a-dozen new Android malware families that come with capabilities to steal data from compromised devices and conduct financial fraud
A Ghanaian national pleaded guilty to his role in a massive fraud ring that stole over $100 million from victims across the United States through business email compromise attacks and romance scams. [...]
It's Time for Enterprises to Manage Risks Posed by Compromised Personal DevicesOnline job scams have evolved beyond consumer fraud and now pose a direct threat to corporate networks. Google warns that scammers are embedding remote access Trojans and info-stealers disguised as interview software or application materials to hack personal devices and ultimately corporate systems.
Cybersecurity researchers have shed light on a cybercriminal group called Jingle Thief that has been observed targeting cloud environments associated with organizations in the retail and consumer services sectors for gift card fraud
Cybersecurity researchers have shed light on a Chinese-speaking cybercrime group codenamed UAT-8099 that has been attributed to search engine optimization (SEO) fraud and theft of high-value credentials, configuration files, and certificate data. The attacks are designed to target Microsoft Internet Information Services (IIS) servers, with most of the infections reported in India, Thailand
A previously undocumented Android banking trojan called Klopatra has compromised over 3,000 devices, with a majority of the infections reported in Spain and Italy
GhostRedirector Compromising Windows Servers in Brazil, Thailand and VietnamA suspected Chinese cybercrime group is deploying custom malware to compromise Windows servers in Brazil, Thailand, Portugal and Vietnam as part of search engine optimization fraud to promote gambling websites.
Crypto mines, BEC scams, fake passports, and a $300M fraud empire allegedly brought down during Serengeti 2.0 Interpol's latest clampdown on cybercrime resulted in 1,209 arrests across the African continent, from ransomware crooks to business email compromise (BEC) scammers, the agency says.…
Everything a criminal needs for targeted attacks exposed, but telco insists 'no critical data compromised' A significant data theft at Orange Belgium has opened hundreds of thousands of its customers to serious cybersecurity risks.…
The U.S. Department of Justice charged four Ghanaian nationals for their roles in a massive fraud ring linked to the theft of over $100 million in romance scams and business email compromise attacks. [...]
Cybersecurity researchers have exposed the inner workings of an Android malware called AntiDot that has compromised over 3,775 devices as part of 273 unique campaigns
Crash Records and Driver Data Exposed in Texas Transportation HackHackers accessed the Texas Department of Transportation's crash records system using a compromised account, stealing nearly 300,000 reports containing personal and vehicle information that could be used for fraud, the department warned in a letter to impacted individuals.
Lone Star State drivers with accident records need to be careful about fraud The Texas Department of Transportation says a compromised user account was used to improperly download nearly 300,000 crash reports, exposing personal data that could be exploited for financial fraud against Lone Star drivers.…
Cyber-insurance carrier Coalition said business email compromise and funds transfer fraud accounted for 60% of claims in 2024.