The Federal Bureau of Investigation (FBI) has issued a critical alert regarding an ongoing malicious messaging operation that employs AI-generated voice technology to impersonate senior government officials. This campaign aims to deceive recipients into clicking on links that may compromise their devices. Since April 2025, cybercriminals have been impersonating high-ranking…
Ransomware attacks have emerged as one of the most troubling threats in the modern digital landscape, affecting businesses, organizations, and individuals indiscriminately. This type of cybercrime entails hackers encrypting victims’ data and demanding a ransom for its release, a tactic that can lead to severe operational disruptions and financial losses.…
3rd Party Risk Management, Geo Focus: The United Kingdom, Geo-Specific NHS Encourages Cybersecurity Commitment from Suppliers Akshaya Asokan (asokan_akshaya) • May 15, 2025 Image: Chris Dorney/Shutterstock The United Kingdom’s National Health Service (NHS) is urging its suppliers to adopt voluntary cybersecurity measures aimed at mitigating the risk of disruptive cyberattacks.…
Settlement in Landmark Case Tied to Data Breach on Breachforums In a notable legal development, a 22-year-old former administrator of the cybercrime forum Breachforums has agreed to pay nearly $700,000 to resolve a civil lawsuit filed by a health insurance company. The lawsuit ensued after sensitive customer data was put…
Vought Faces Pressure from Financial Technology Association Over Regulatory Changes On Monday, Vought, who also holds the position of director at the White House Office of Management and Budget (OMB), received a letter from the Financial Technology Association (FTA). This letter urged the withdrawal of a proposed rule, arguing that…
Coinbase, a leading cryptocurrency exchange based in the United States, recently fell victim to a substantial cyberattack, with potential losses projected between $180 million and $400 million for the current fiscal year. This assessment stems from an internal analysis conducted by the exchange, which indicated a notable decline in share…
Blockchain & Cryptocurrency, Cryptocurrency Fraud, Fraud Management & Cybercrime Recent Developments: Sentencing of an Irish Crypto Launderer and an ISIS Financier Rashmi Ramesh (@rashmiramesh_) • May 15, 2025 Image: Shutterstock Every week, Information Security Media Group summarizes cybersecurity incidents in digital assets. This report includes prison sentences for a former…
A recent report has highlighted significant gaps in data security measures within healthcare institutions, drawing a stark comparison to the safeguards employed by financial institutions. An individual cited by CBC expressed concern, asking, “How can a banking institution have those sorts of safeguards in place, but there are no alerts…
Russian-Backed Hackers Exploit Vulnerabilities in Mail Servers Worldwide In a significant security breach, threat actors associated with the Russian government have compromised several high-profile mail servers globally by exploiting cross-site scripting (XSS) vulnerabilities. This type of flaw, which has been among the most frequently targeted by cybercriminals over the years,…
