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Police arrested the alleged admin of XSS.is, a major cybercrime forum whose trusted escrow service helped power the underground economy. On 22 July 2025, French and Ukrainian police arrested a 38-year-old man in Kyiv and shut down XSS.is, the most influential Russian-language cybercrime forum of the past decade. Europol, which coordinated the operation under the […]

Bank Info Security 5 months, 4 weeks ago

Fraud Tops Ransomware in WEF's 2026 Cybersecurity Outlook

Findings From WEF's 2026 Report Show Shifting Cyber Priorities as AI Reshapes RiskCyber-enabled fraud has overtaken ransomware as the top cybersecurity concern for CEOs heading into 2026, according to the World Economic Forum's Global Cybersecurity Outlook 2026, released ahead of the Davos meeting. AI is a top emerging technology affecting both cyber risk and cyber defense.

Cybersecurity researchers have shed light on a new ransomware-as-a-service (RaaS) operation called GLOBAL GROUP that has targeted a wide range of sectors in Australia, Brazil, Europe, and the United States since its emergence in early June 2025

US, UK and Australia Target Zservers for Supporting LockBit, Other Cybercrime GroupsA Russian bulletproof hosting service used by cybercriminals including the LockBit ransomware group has been sanctioned by Australian, British and American agencies. Zservers has been advertised in criminal forums as an aid to avoid law enforcement investigations and takedowns.

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