Latest cybersecurity reporting from selected sources.

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

ITRC report charts shocking rise of identity fraud victims driven to thoughts of self-harm

Cybersecurity researchers have disclosed a new Android trojan called PhantomCard that abuses near-field communication (NFC) to conduct relay attacks for facilitating fraudulent transactions in attacks targeting banking customers in Brazil

A mobile ad fraud operation dubbed IconAds that consisted of 352 Android apps has been disrupted, according to a new report from HUMAN

Cybersecurity researchers have warned about a large-scale ad fraud campaign that has leveraged hundreds of malicious apps published on the Google Play Store to serve full-screen ads and conduct phishing attacks

Experts Weigh the Pros and Cons of Work Culture and Merging AML and Fraud TeamsA recent report found that more than 57,000 Americans fall victim to scams every day. Financial fraud is rising globally. In response, the National Automated Clearinghouse Association is pushing for real-time fraud monitoring by 2026, requiring closer collaboration between fraud and AML teams.

Victims Reported $5.6 Billion in Financial Losses Associated With Crypto SchemesThe FBI's Internet Crime Complaint Center on Monday issued a report revealing victims filed more than 69,000 public complaints related to cryptocurrency fraud and $5.6 billion in financial losses in 2023, while investment scams made up the bulk of losses throughout the year.

A new report suggests nearly 2 million UK adults have had their identity stolen and used by fraudsters to open a financial account in 2023

When U.S. consumers have their online bank accounts hijacked and plundered by hackers, U.S. financial institutions are legally obligated to reverse any unauthorized transactions as long as the victim reports the fraud in a timely manner. But new data released this week suggests that for some of the nation's largest banks, reimbursing account takeover victims has become more the exception than the rule.

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.…