Cyber criminals impersonate payroll, HR and benefits platforms to steal information and funds

The relentless battle against online fraud is a constant evolution, a digital chase where security teams and malicious actors continually adapt. The increasing sophistication of attacks is blurring the lines between legitimate user behavior and impersonation attempts. The campaign we are exposing...

FBI issues warning as scammers target victims of crime

The FBI has issued a warning about an ongoing fraud scheme where criminal scammers are impersonating FBI Internet Crime Complaint Center IC3 employees in order to scam people. Between December 2023 and February 2025, the FBI received over 100 reports of scams involving people posing as IC3...

Fake Student Fraud in Community Colleges

Reporting on the rise of fake students enrolling in community college courses: The bots' goal is to bilk state and federal financial aid money by enrolling in classes, and remaining enrolled in them, long enough for aid disbursements to go out. They often accomplish this by submitting AI-generate...

Microsoft partners with Global Anti-Scam Alliance to fight cybercrime

Being the victim of a scam can be devastating. Unfortunately, the number of people who can attest to the truth of this statement, either because they themselves have been scammed or because it has happened to someone they know, is growing. The Global Anti-Scam Alliance GASA reports that in 2024...

Microsoft partners with Global Anti-Scam Alliance to fight cybercrime

Being the victim of a scam can be devastating. Unfortunately, the number of people who can attest to the truth of this statement, either because they themselves have been scammed or because it has happened to someone they know, is growing. The Global Anti-Scam Alliance GASA reports that in 2024...

Phishing Emails Impersonating Qantas Target Credit Card Info

Fake Qantas emails in a sophisticated phishing scam steal credit card and personal info from Australians, bypassing major…...

Addressing Noise and Stochasticity in Fraud Detection for Service Networks

Fraud detection is crucial in social service networks to maintain user trust and improve service network security. Existing spectral graph-based methods address this challenge by leveraging different graph filters to capture signals with different frequencies in service networks. However, most...

Alleged ‘Scattered Spider’ Member Extradited to U.S.

A 23-year-old Scottish man thought to be a member of the prolific Scattered Spider cybercrime group was extradited last week from Spain to the United States, where he is facing charges of wire fraud, conspiracy and identity theft. U.S. prosecutors allege Tyler Robert Buchanan and co-conspirators...

[Free Webinar] Guide to Securing Your Entire Identity Lifecycle Against AI-Powered Threats

How Many Gaps Are Hiding in Your Identity System? It's not just about logins anymore. Today's attackers don't need to "hack" in—they can trick their way in. Deepfakes, impersonation scams, and AI-powered social engineering are helping them bypass traditional defenses and slip through unnoticed...

Generative AI in Financial Institution: a Global Survey of Opportunities, Threats, and Regulation

Generative Artificial Intelligence GenAI is rapidly reshaping the global financial landscape, offering unprecedented opportunities to enhance customer engagement, automate complex workflows, and extract actionable insights from vast financial data. This survey provides an overview of GenAI adopti...

Digital rampage saw ex-Disney employee remove nut allergy info from menus, dox co-workers, and more

A former Disney employee, Michael Scheuer, will serve three years in prison for computer fraud and aggravated identity theft after a digital sabotage campaign against his ex-employer. In addition to his sentence, he must pay nearly US$688,000 in restitution. Scheuer, a former menu production...

How Postal Code Data Impacts Cybersecurity, Privacy and Fraud Prevention

Postal codes now play a key role in cybersecurity, fraud prevention, and digital identity verification, raising new concerns…...

JokerOTP Dismantled After 28,000 Phishing Attacks, 2 Arrested

JokerOTP dismantled after 28,000 phishing attacks across 13 countries; UK and Dutch police arrest two suspects linked to £7.5M cyber fraud...

Performance of Machine Learning Classifiers for Anomaly Detection in Cyber Security Applications

This work empirically evaluates machine learning models on two imbalanced public datasets KDDCUP99 and Credit Card Fraud 2013. The method includes data preparation, model training, and evaluation, using an 80/20 train/test split. Models tested include eXtreme Gradient Boosting XGB, Multi Layer...

Android malware turns phones into malicious tap-to-pay machines

Got an Android phone? Got a tap-to-pay card? Then you're like millions of other users now at risk from a new form of cybercrime - malware that can read your credit or debit card and hand its data over to an attacker. A newly discovered malicious program effectively turns Android phones into...

Text scams grow to steal hundreds of millions of dollars

Text scams alone cost US citizens at least $470 million in 2024, according to new data from the US Federal Trade Commission FTC. Because many scams go unreported, though, this dollar amount might be considerably more. The FTC illustrated this with a graph comparing the reported losses to the numb...

Google Blocked 5.1B Harmful Ads and Suspended 39.2M Advertiser Accounts in 2024

Google on Wednesday revealed that it suspended over 39.2 million advertiser accounts in 2024, with a majority of them identified and blocked by its systems before it could serve harmful ads to users. In all, the tech giant said it stopped 5.1 billion bad ads, restricted 9.1 billion ads, and block...

Cyber Signals Issue 9 | AI-powered deception: Emerging fraud threats and countermeasures

Introduction | Security snapshot | Threat briefing Defending against attacks | Expert profile Microsoft maintains a continuous effort to protect its platforms and customers from fraud and abuse. From blocking imposters on Microsoft Azure and adding anti-scam features to Microsoft Edge, to fightin...

“Follow me” to this fake crypto exchange to claim $500

A type of crypto scam that we reported about in 2024 has ported over to a new platform and changed tactics—a bit. Where the old scams mostly reached me on WhatsApp, the same group of scammers is now using Direct Messages on X. However, the same old trick of "accidentally" sending you login detail...

Malicious Python Packages on PyPI Downloaded 39,000+ Times, Steal Sensitive Data

Cybersecurity researchers have uncovered malicious libraries in the Python Package Index PyPI repository that are designed to steal sensitive information and test stolen credit card data. Two of the packages, bitcoinlibdbfix and bitcoinlib-dev, masquerade as fixes for recent issues detected in a...