Latest cybersecurity reporting from selected sources.

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.

U.S. victims lost nearly $21 billion to cyber-enabled crimes last year, driven primarily by investment scams, business email compromise, tech support fraud, and data breaches, the Federal Bureau of Investigation says. [...]

A Ghanaian national pleaded guilty to his role in a massive fraud ring that stole over $100 million from victims across the United States through business email compromise attacks and romance scams. [...]

INTERPOL said it devised a "global stop-payment mechanism" that helped facilitate the largest-ever recovery of funds defrauded in a business email compromise (BEC) scam.  The development comes after an unnamed commodity firm based in Singapore fell victim to a BEC scam in mid-July 2024. It refers to a type of cybercrime where a malicious actor poses as a trusted figure and uses email to

Agency Spells Out Measures to Avoid Falling Victim to Costly SchemesHealthcare organizations should take steps to avoid falling victim to evolving threats involving costly business email compromise scams and related phishing schemes fueled by social engineering, warned the Department of Health and Human Services' Health Sector Cybersecurity Coordination Center.

A new large-scale smishing campaign is targeting the U.S. by sending iMessages from compromised Apple iCloud accounts with an aim to conduct identity theft and financial fraud

FBI and co blow lid off latest PHP tampering scam The FBI and its friends have warned businesses of crooks scraping people's credit-card details from tampered payment pages on compromised websites.…