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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.
A 24-year-old British national and senior member of the cybercrime group "Scattered Spider" has pleaded guilty to wire fraud conspiracy and aggravated identity theft. Tyler Robert Buchanan admitted his role in a series of text-message phishing attacks in the summer of 2022 that allowed the group to hack into at least a dozen major technology companies and steal tens of millions of dollars worth of cryptocurrency from investors.
A Chinese national has been indicted in the U.S. on charges of conducting a "multi-year" spear-phishing campaign to obtain unauthorized access to computer software and source code created by the National Aeronautics and Space Administration (NASA), research universities, and private companies
A newly discovered phishing kit targeting PayPal users is trying to steal a large set of personal information from victims that includes government identification documents and photos. [...]
Phishing retained its place as the top root cause of data compromises, according to new data from the Identity Theft Resource Center (ITRC).