In recent years, the cybersecurity landscape has been significantly influenced by high-profile groups such as Lizard Squad, whose activities stirred considerable discussion within the industry. Despite criticism from security experts regarding the media’s depiction of Lizard Squad as “sophisticated,” the impact of their Christmas attack was undeniable. Such incidents serve…
Cybercrime, Cybercrime as-a-Service, Fraud Management & Cybercrime Malware Operation Demonstrates Signs of Resurgence Chris Riotta (@chrisriotta) • June 3, 2025 Image: Shutterstock A persistent infostealer has made a reappearance just days after an international law enforcement takedown, highlighting the challenges in effectively disrupting sophisticated malware-as-a-Service operations. This incident showcases that…
Fraud Management & Cybercrime, Fraud Risk Management, Geo Focus: Australia Number of Reports Declined, Yet Australians Lost AU$60 Million to Investment Scams Jayant Chakravarti (@JayJay_Tech) • June 3, 2025 Sydney Harbor at night. (Image: Shutterstock) Despite a decline in the number of reported fraud cases, Australians faced a significant increase…
Topics: Artificial Intelligence & Machine Learning, Fraud Management & Cybercrime, Fraud Risk Management Google’s Veo 3 Garners Praise, But Harbors Significant Risks Suparna Goswami (gsuparna) • May 27, 2025 A glimpse into how Google’s AI tool Veo 3 generates realistic deepfake videos. Responses from fraud prevention experts regarding Google’s Veo…
Data breaches frequently result in class action lawsuits, as companies with access to sensitive personal information bear a legal obligation to safeguard it from unauthorized access and misuse. Failure to prevent data breaches and related fraudulent activities can lead to legal challenges from affected consumers. Recently, one company settled a…
Fraud Management & Cybercrime, Ransomware Baltimore’s Robbinhood Ransomware Attack Results in $19 Million Loss David Perera (@daveperera) • May 27, 2025 The skyline of Baltimore, captured on April 24, 2025. (Image: Kate Scott/Shutterstock) Baltimore recently suffered a significant ransomware attack that has garnered national attention, culminating in the guilty plea…
Cybercrime, Data Breach Notification, Data Security Teenager Charged With Stealing K-12 Student and Faculty Data, $3 Million Extortion Mathew J. Schwartz (euroinfosec) • May 26, 2025 Image: Shutterstock A college student has been charged with extorting PowerSchool, a platform for K-12 student information systems, after allegedly stealing sensitive data from…
The hacking landscape in Russia exemplifies the intricate relationship between cybercrime, state-sponsored operations, and espionage. Recent developments, including an indictment of a group of Russian nationals and the dismantling of their extensive botnet, illuminate how a single malware operation has facilitated a range of cyber attacks, from ransomware deployments to…
Cyberwarfare / Nation-State Attacks, Fraud Management & Cybercrime Western Governments Issue Alert on Activities of Russian Unit 26165 David Perera (@daveperera) • May 21, 2025 Image: Mikhail Zhbankov/Shutterstock Multiple cybersecurity agencies from Western nations recently warned that Russian intelligence is engaged in a sustained hacking campaign against logistics and technology…
