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.

Why CISOs Must Rethink Trust, MFA and Machine Identity GovernanceAI-driven phishing emails, voice deepfakes and synthetic identities have changed the threat landscape. Attackers now mimic trusted users with precision. Security teams can no longer rely on static controls or traditional verification methods.

Also, Russian Signal Phishing, Iran-Linked Malware, Breaches in Spain and FranceThis week, Tycoon 2FA, Trio-Tech, messaging app spying and a ransomware broker sentenced. Iran-linked hackers. Mazda disclosed a breach. Oracle patched a flaw. North Korean actors weaponized VS Code, a Spanish port ransomware attack, a French teacher data breach and a healthcare firm victim surge.

ShinyHunters Campaign Uses Voice Phishing to Bypass MFA and Steal Corporate DataSecurity experts warn that "an active and ongoing campaign" being waged by ShinyHunters extortionists has at least 150 organizations in its sights across a range of sectors, with attackers using live voice phishing to bypass multifactor authentication, steal cloud data and hold it to ransom.

Healthplex, Part of UnitedHealth Group, Lacked MFA on Compromised Email AccountNew York State has fined a dental plan administrator owned by UnitedHealth Group $2 million for failing to protect data with multifactor authentication and other issues related to a phishing breach that affected 90,000 people. It's the state's second fine against Healthplex for the same breach.

PoisonSeed Threat Actor Uses Cross-Device Login Feature and QR Code to Trick UsersExpel researchers have found a novel adversary-in-the-middle phishing technique used by PoisonSeed, a cybercrime group previously tied to large-scale cryptocurrency thefts, to sidestep one of the most secure forms of multifactor authentication - FIDO2 physical keys.

Also: PoisonSeed Phishing Campaign, FTX Clients Face Reimbursement HurdleThis week, Trump administration disbanded a Justice Department crypto unit, the U.S. Securities and Exchange Commission will review crypto guidance, Usual pledged up to $16M in bug bounties, a PoisonSeed phishing campaign, FTX repayment plan troubles and a Coinbase 2FA error.

AICD's Figueroa on Business-Focused Communication for Authentication ProgressModern phishing tactics now leverage voice, SMS and AI-powered impersonation, yet many Asia-Pacific organizations continue relying on vulnerable single-factor authentication, said Marco Figueroa, senior manager of cyber security, risk and compliance at the Australian Institute of Company Directors.

Infrastructure Problems Blamed; Users Appear to Move to Similar FlowerStorm ServiceAs the end of the year approaches, it's out with the old and in with the new as researchers report that Rockstar 2FA, which once facilitated prolific phishing-as-a-service hits, has crashed and burned, apparently leading many one-time users to move to rival FlowerStorm.

CISA and FBI Warn of Iranian Hackers Targeting US Political Campaigns and OfficialsThe Cybersecurity and Infrastructure Security Agency and the Federal Bureau of Investigation have issued new guidance to help U.S. political campaigns defend against increasing cyber threats from Iran, recommending stronger multi-factor authentication, phishing-resistant protocols, and vigilance against social engineering.

Joe Toomey of Cyber Insurer Coalition Details Rise in Attacks Targeting Weak MFAAdversaries seeking easy access to enterprise networks continue to probe for weak multifactor authentication deployments, oftentimes via nontargeted attacks that lead to phishing pages designed to steal one-time codes, said Joe Toomey, head of security engineering at cyber insurer Coalition.

Phishing-as-a-Service Platform Lets Hackers Impersonate More Than 1,100 DomainsA phishing-as-a-service platform that allows cybercriminals to impersonate more than 1,100 domains has over the past half year become one of the most widespread adversary-in-the-middle platforms. Attackers are meeting the rise of multifactor authentication by using tools such as Tycoon 2FA.

Robert Blumofe on DDoS Attacks, API Security, Zero Trust and FIDO2-MFARobert Blumofe, executive vice president and CTO at Akamai, expects social engineering, phishing, extortion and AI-driven attacks to dominate the threat landscape. He advised enterprises to use FIDO2-based MFA, zero trust, microsegmentation and API security to reduce risks.