In October, following a raid by Myanmar’s military junta on a notorious scam compound, officials indicated their intent to completely “eradicate” forced scamming operations within the country. Although military forces destroyed several buildings using explosives, recent satellite imagery from the KK Park scam center shows that the devastation was limited…
In a recent incident, Checkout.com, a payment processing service, faced a data breach attributed to the hacking group known as ShinyHunters, which exploited vulnerabilities in a legacy third-party cloud storage system. This breach reportedly affected less than 25% of the company’s current merchant base, as stated by Mariano Albera, the…
Cybercrime, Fraud Management & Cybercrime, Geo Focus: The United Kingdom Carmaker Resumes Full Production Akshaya Asokan (asokan_akshaya) • November 17, 2025 Image: Tada Images/Shutterstock Jaguar Land Rover announced on November 17 that a cyberattack in September led to an estimated loss of $260 million. The British automaker has now resumed…
Fraud Management & Cybercrime, Fraud Risk Management, Regulation Regulatory Pressure Needed for Meta to Address Revenue from Fraudulent Activities Suparna Goswami (gsuparna) • November 14, 2025 (Image: Shutterstock) What would prompt a business to curtail a revenue stream known to exploit its customers? Typically, ethical considerations drive companies to safeguard…
Cybercrime, Fraud Management & Cybercrime Justice Department Secures Guilty Pleas, $15M in Civil Forfeiture Chris Riotta (@chrisriotta) • November 14, 2025 Image: Pamela Au/Shutterstock U.S. federal prosecutors have secured five guilty pleas linked to a scheme wherein North Korean operatives exploited stolen and fabricated identities to gain remote tech positions…
Data Breach Notification, Data Security, Fraud Management & Cybercrime Cybercrime Gang Kazu Demands $200K Ransom, Leaking 1.2 Million Patient Records Marianne Kolbasuk McGee (HealthInfoSec) • November 14, 2025 Texas-based Doctor Alliance investigates claims by the Kazu cybercrime gang, which alleges it stole 1.2 million records. (Image: Doctor Alliance) The Kazu…
Blockchain & Cryptocurrency, Cryptocurrency Fraud, Fraud Management & Cybercrime Also: Samourai Wallet Founder Sentenced, $128M Balancer Hack Analysis Rashmi Ramesh (rashmiramesh_) • November 13, 2025 Image: Shutterstock Each week, Information Security Media Group compiles cybersecurity incidents involving digital assets. This week’s highlights include the sentencing of the “Bitcoin Queen,” the…
Fraud Management & Cybercrime, Fraud Risk Management, Governance & Risk Management Enterprises Must Address Risks Linked to Compromised Personal Devices Suparna Goswami (gsuparna) • November 7, 2025 Image: Shutterstock Many are familiar with the deceptive texts promising lucrative job opportunities from corporate recruiters. These scams often encourage individuals to follow…
Fraud Management & Cybercrime, Government, Industry Specific Statewide Cyber Breach Affects 60 Agencies Before Ransomware Implementation Chris Riotta (@chrisriotta) • November 6, 2025 Image: Shutterstock/ISMG Recent analyses reveal that a ransomware threat actor compromised Nevada’s statewide government systems for several months prior to executing a ransomware attack. An after-action report…
