Topics: Fraud Management & Cybercrime, Fraud Risk Management, Ransomware Additional Coverage: SudamericaData Leak, RaccoonO365 Arrest, and Nefilim Case Update By Pooja Tikekar (@PoojaTikekar) • December 25, 2025 Image: Shutterstock/ISMG Every week, the Information Security Media Group provides a roundup of global cybersecurity incidents and data breaches. In this edition, a…
LastPass to Pay Up to $24 Million Following Data Breach Settlement LastPass, a well-known password management service, has reached a settlement agreement valued at up to $24 million in response to a lawsuit arising from a significant data breach. The settlement entails a direct payout of $8.2 million to address…
Uber’s Concealed Data Breach Exposed Personal Information of 57 Million Users Uber Technologies Inc. has found itself in the spotlight yet again, this time due to revelations surrounding a significant data breach that took place in October 2016. The company has acknowledged that the breach compromised the personal data of…
Fraud Management & Cybercrime, Fraud Risk Management Experts Warn AI-Driven Scams May Soon Surpass Human Tactics in Effectiveness Suparna Goswami (gsuparna) • December 24, 2025 Jorij Abraham, Managing Director, Global Anti-Scam Alliance Despite massive scam losses reaching $442 billion across 42 countries last year, many individuals remain confident in their…
South Korea implements facial recognition for SIM registration to mitigate phone scams Increased mobile fraud severity has prompted regulators to enforce stricter verification measures Security lapses in telecommunications have led authorities to redefine account approval processes In a significant policy shift, South Korea is enhancing the mobile account registration process…
Imgur Confirms Major Data Breach Affecting 1.7 Million Users In a recent security disclosure, Imgur has revealed that it suffered a significant data breach back in 2014, impacting approximately 1.7 million user accounts. This incident comes just days after Uber acknowledged a data breach that compromised the information of 57…
Artificial Intelligence & Machine Learning, Government, Industry Specific New Report Indicates Shortcomings in DOE’s Cybersecurity and AI Governance Amid Rapid Technological Advancement Chris Riotta (@chrisriotta) • December 24, 2025 Image: DCStockPhotography/Shutterstock The U.S. Department of Energy (DOE) is entering 2026 amidst growing concerns regarding its lagging governance in relation to…
Over 190K Card Merchant Records Exposed in Shinhan Card Breach In a significant cybersecurity incident, more than 190,000 merchant records from Shinhan Card have been compromised. This breach raises serious concerns, particularly regarding the security measures in place to protect sensitive financial information. As a leading credit card company in…
Title: U.S. Justice Department Charges Chinese Nationals in Major Cyber Espionage Case The United States Justice Department has formally charged three Chinese nationals for allegedly engaging in a series of cyberattacks targeting prominent corporations, including Moody’s Analytics, Siemens, and GPS manufacturer Trimble. The defendants are accused of stealing vast quantities…
