Latest cybersecurity reporting from selected sources.

Report Fraud data reveals that more than half of 323 UK ransomware victims last year were SMEs

A coordinated law enforcement operation, in partnership with private sector companies, including Bitdefender, Bitsight, ESET, and Microsoft, has resulted in the takedown of criminal infrastructure powering Amadey and StealC

Ukrainian national Oleksii Lytvynenko pleaded guilty in the U.S. for his role in Conti ransomware attacks targeting victims worldwide. Oleksii Oleksiyovych Lytvynenko (44), a Ukrainian national extradited from Ireland to the U.S., has pleaded guilty to conspiracy to commit wire fraud for his involvement in the Conti ransomware operation. Prosecutors said he helped conduct attacks […]

Ransomware Payouts, AI-Driven Threats and Reshaping Payment FraudIn this week's panel, four ISMG editors discussed a ransomware case that once again raises questions about paying extortionists, why security leaders fear AI is accelerating attacks faster than humans can respond and how the rise of instant payments is reshaping fraud programs at banks.

Also, Lloyds Data Leak, Dutch Treasury Breach, Citrix Bug Exploit, Pay2Key ActivityThis week, Lloyds data leak hits 450K, Dutch treasury breach, Citrix flaw exploited, Iran-linked ransomware ops, TrueConf zero-day, Russian fraud ring sentenced, Romania targeted, patch gaps persist, and U.S. hospital breach affects 257K.

Ex-FBI Leader Cynthia Kaiser on Sanctions, Ecosystem Disruption, Stronger PoliciesU.S. cyber policy now treats ransomware gangs and fraud networks as transnational criminal organizations. Former FBI cyber leader Cynthia Kaiser explains how sanctions, infrastructure takedowns, and international cooperation could weaken cybercrime ecosystems and reduce attacks.

A Russian national pleaded guilty to a wire fraud conspiracy charge related to his role in administering the Phobos ransomware operation, which breached hundreds of victims worldwide. [...]

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.

“Pervasive” threat of phishing, invoice scams and other cyber-enabled fraud is at “record highs”, warns WEF Cybersecurity Outlook 2026

AI lowers the bar for cybercrime, Anthropic admits comment Anthropic, a maker of AI tools, says that AI tools are now commonly used to commit cybercrime and facilitate remote worker fraud.…

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.…

Experts Pointing a Finger at Interlock Ransomware Gang for Kettering Health AttackOhio-based Kettering Health is in its second day responding to a cyberattack that's disrupted patient care services and downed its IT systems, including its patient portal and phones. Some cybersecurity insiders say Interlock ransomware is responsible.

The most damaging attacks continue to be ransomware, but financial fraud claims are more numerous — and both are driven by increasing third-party breaches.

From sophisticated nation-state campaigns to stealthy malware lurking in unexpected places, this week’s cybersecurity landscape is a reminder that attackers are always evolving. Advanced threat groups are exploiting outdated hardware, abusing legitimate tools for financial fraud, and finding new ways to bypass security defenses. Meanwhile, supply chain threats are on the rise, with open-source

Also: Bringing AML and Fraud Programs Together; the Global AI Arms RaceIn this week's update, ISMG editors discussed a U.K. proposal to mandate ransomware payment reporting, tackling financial crime by bringing together fraud and AML teams, and the global AI arms race as countries compete to lead innovation while balancing regulation and ethics.

​Daniel Christian Hulea, a Romanian man charged for his involvement in NetWalker ransomware attacks, was sentenced to 20 years in prison after pleading guilty to computer fraud conspiracy and wire fraud conspiracy in June. [...]

Ransomware attacks and email-based fraud account for 80% to 90% of all claims processed by cyber insurers, but a handful of cybersecurity technologies can help prevent big damages.

Plus: Microsoft issues workaround for dual-boot crashes; ARRL cops to ransom payment, and more Infosec in brief Deniss Zolotarjovs, a suspected member of the Russian Karakurt ransomware gang, has been charged in a US court with allegedly conspiring to commit money laundering, wire fraud and Hobbs Act extortion.…

A member of the Russian Karakurt ransomware group has been charged in the U.S. for money laundering, wire fraud, and extortion crimes. [...]

In 2023, the cryptocurrency industry faced a significant increase in illicit activities, including money laundering, fraud, and ransomware attacks. Ransomware attacks were especially prevalent and profitable for attackers. However, other forms of criminal activity also saw a rise.