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…
Cyberwarfare / Nation-State Attacks, Fraud Management & Cybercrime, Geo Focus: Asia New Cyber Law Empowers Japanese Authorities to Neutralize Offshore Attackers’ Servers Jayant Chakravarti (@JayJay_Tech) • May 19, 2025 Japan’s House of Councillors enacted the active cyber bill on Friday at the National Diet Building. (Image: Shutterstock) The Japanese Parliament…
Cyberwarfare / Nation-State Attacks, Fraud Management & Cybercrime, Standards, Regulations & Compliance Executive Director Bridget Bean Discusses Proactive Alert Systems That Prevented $8.7 Billion in Potential Damages Rahul Neel Mani (@rneelmani) • May 19, 2025 Bridget Bean, Executive Director, Cybersecurity and Infrastructure Security Agency With state-sponsored cyber threats from China,…
Fraud Management & Cybercrime, Incident & Breach Response, Ransomware After Vendor Paid for Data-Deletion Promise, Criminals Extort Schools Directly Mathew J. Schwartz (euroinfosec) • May 8, 2025 Let’s gather around and listen to the story of the ransomware hackers who deleted stolen data. (Image: Shutterstock) In a troubling turn of…
