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

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 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

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