Latest cybersecurity reporting from selected sources.

Also: UK Fraud Investigators Make Arrests in $28M Basis Markets Rug-Pull ProbeThis week, World Liberty Financial scrambles to secure user funds, the U.K.'s Serious Fraud Office arrests two people over a $28M Basis Markets rug-pull probe, a Gana Payment hack drains $3.1M and Crypto Dispensers weighs a $100M sale following money-laundering charges against its CEO.

Financial Loss Tied to the Hack Estimated at 1.9B PoundsThe hack of Jaguar Land Rover will likely cost the British economy 1.9 billion pounds, making it the single most expensive cyber incident to have occurred in the United Kingdom. That number could go up if hackers damaged the operational technology controlling assembly lines.

A Hack The Box Freedom of Information request has shown a significant drop in cyber-attacks reported to the Financial Conduct Authority (FCA) in 2024

Supply Chain Attacks: Hackers Target Zero-Days in Widely Used Software, Alert WarnsNorth Korean state-affiliated hackers are continuing to exploit zero-days in popular software applications as part of global supply chain attack campaigns for espionage and financial theft purposes, British and South Korean cybersecurity and intelligence officials said.

Authorities in the United States and United Kingdom today levied financial sanctions against seven men accused of operating "Trickbot," a cybercrime-as-a-service platform based in Russia that has enabled countless ransomware attacks and bank account takeovers since its debut in 2016. The U.S. Department of the Treasury says the Trickbot group is associated with Russian intelligence services, and that this alliance led to the targeting of many U.S. companies and government entities.