Latest cybersecurity reporting from selected sources.

Cybersecurity researchers have unmasked a novel ad fraud scheme that has been found to leverage search engine poisoning (SEO) techniques and artificial intelligence (AI)-generated content to push deceptive news stories into Google's Discover feed and trick users into enabling persistent browser notifications that lead to scareware and financial scams

Also: IoTex Bridge Exploit Linked to Private Key BreachThis week, Step Finance shuts down, IoTeX bridge exploit, Russia-linked exchanges help evade sanctions, Australian charged in $3.5 million scam, a hacker returned $21 million in seized bitcoin to South Korean prosecutors and Malaysia arrested 12 police officers in an extortion case.

Also, Nike Sued Over Shutdown of NFT SubsidiaryThis week, KiloEX compensation after Oracle exploit, Nike sued over NFT shutdown, SEC dropped probe into PayPal PYUSD, Long Island man sentenced for crypto fraud, Americans lost billions to crypto scams, Loopscale exploiter agreed to return stolen funds and bank regulators softened stance on crypto.

Emerging Vendors, Consolidation Drive Innovation in Fraud, AML, Scam PreventionAs cybercriminals exploit AI-generated deepfake scams and synthetic identity fraud, financial institutions are investing heavily in fraud detection, anti-money laundering solutions and identity verification to stay ahead. This demand is driving consolidation in the market.

This blog entry details a scheme that exploits the recent Morocco earthquake by impersonating the domain name of a well-known humanitarian organization for financial fraud.