Latest cybersecurity reporting from selected sources.

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

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 […]

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. [...]

Also: More Support for Ransomware Victims, Key Takeaways From RSA 2024In the latest weekly update, ISMG editors discussed key takeaways from the RSA Conference, delve into the surge of synthetic ID fraud in the auto lending industry, and examine a new initiative by the UK's National Cyber Security Centre and major insurance associations to combat ransomware threats.

FBI Says It Received Most Attack Reports From Healthcare, Critical ManufacturingCybercrime reports submitted by victims to the FBI's Internet Crime Complaint Center surged last year, and the total reported losses exceeded $12.5 billion. Investment fraud and business email compromise losses dominated, and ransomware attacks spared almost no critical infrastructure sector.

A coordinated law enforcement effort codenamed Operation Duck Hunt has felled QakBot, a notorious Windows malware family that's estimated to have compromised over 700,000 computers globally and facilitated financial fraud as well as ransomware

Plus: Hive hits health-care org, law enforcement ransomware response is lacking, and orgs can't meet new disclosure rules In Brief Cybercriminals have used fake emergency data requests (EDRs) to steal sensitive customer data from service providers and social media firms. At least one report suggests Apple, and Facebook's parent company Meta, were victims of this fraud.…