Cybercrime

Microsoft Warns Extortion Drives Majority of Attacks Amid AI Escalation, Identity Collapse, and Global Fragmentation

Microsoft's latest Digital Defense Report reveals how cybercriminals and nation-states are rapidly adopting AI to enhance attacks. With identity-based threats soaring, the company urges urgent modernization of security systems and global cooperation. more

eco and AV-Test Publish Monthly topDNS Reports for Internet Service Providers

eco's topDNS initiative and AV-Test are publishing monthly reports to help ISPs detect and mitigate DNS abuse by analysing malware, phishing, and PUA trends, creating a long-term data foundation for industry-wide transparency. more

Advanced AI Is Reshaping the Cybercriminal Landscape at Alarming Speed

A new report has shed light on how advanced artificial intelligence is reshaping the cybercriminal landscape. The latest threat intelligence assessment by Anthropic details how its AI model, Claude, was misused in a string of global cyberattacks that mark a sharp escalation in both scale and sophistication. more

INTERPOL Leads Arrest of 1,209 Suspects in Pan-African Cybercrime Crackdown, Recovers $97 Million

Authorities across 18 African nations, aided by the United Kingdom and INTERPOL, have arrested 1,209 suspects and dismantled over 11,000 illicit cyber infrastructures. more

The CEO Is Not Who They Seem: Deepfakes Target Corporate Trust

A surge in AI-generated deepfake scams is reshaping the cybersecurity threat landscape, with fraudsters now impersonating company executives to deceive employees and siphon off millions. more

Cyberattacks Spur Boom in Insurance Demand Amid Rising Global Threats

A wave of high-profile cyberattacks is reshaping the global insurance industry, creating both risk and reward for major players. According to a new Bloomberg report, firms like Munich Re and Chubb are capitalising on surging demand for cyber insurance as artificial intelligence makes digital breaches more frequent and destructive. more

UN Cyber Diplomacy II: Cybersecurity and Autonomous Weapon Systems

Cybersecurity and artificial intelligence were among the key topics at the 79th UN General Assembly (UNGA). UNGA's 1st Committee, responsible for disarmament and international security, concluded its negotiations in mid-November 2024. It discussed the 3rd Annual Progress Report (APR) of the Open-Ended Working Group (OEWG) and adopted a resolution that recommends, inter alia, the establishment of a new permanent cybersecurity mechanism within the UN system. Furthermore, it adopted two resolutions on autonomous weapon systems (AWS). more

Biden Administration to Back UN Cybercrime Treaty Amid Controversy

The Biden administration is poised to support a contentious United Nations cybercrime treaty, a move likely to spark debate over potential abuses, according to top officials.  more

Enterprise Domain Stargazing: Understanding Your Company’s Galaxy of Domains

In CSC's recent insight paper, we address the trend that many business leaders today don't realize the extent to which their modern enterprise -- and its millions of digital assets -- rely on. It's a vast domain ecosystem that needs to be protected from online threats. Often, to better understand this need for domain security, we need to understand how critical and interconnected domains are within a business. more

UN Cyberdiplomcy I: PoC, Cybercrime and the Global Digital Compact

Despite global polarization, recent UN cyber diplomacy has achieved three significant agreements in 2024: a cyber attack reporting system, a convention against cybercrime, and a "Global Digital Compact." These successes show that consensus on global issues is possible, though the vague wording of agreements raises concerns about their long-term effectiveness in ensuring security and peace. more

Cybercrime Costs German Companies €267 Billion, Organised Crime and Foreign Nations Blamed

German companies have suffered substantial financial losses due to cybercrime and sabotage, totaling approximately €267 billion ($298 billion) over the past year. This represents a 29% increase compared to the previous year, according to a survey released on Wednesday by the industry association Bitkom. more

Phishers Exploit the Cybercrime Supply Chain Despite the Availability of Effective Countermeasures

Interisle Consulting Group today released its fourth annual Phishing Landscape report investigating where and how cybercriminals acquire naming and hosting resources for phishing. Our study shows that cybercriminals evolved their tactics for obtaining attack resources, including sharply increasing their exploitation of subdomain and gateway providers. more

Ransomware Crisis in U.S. Healthcare

A significant ransomware attack by a group known as AlphV or BlackCat has severely disrupted pharmacies across the U.S., affecting the delivery of prescription medications for over ten days. This attack on Change Healthcare has resulted in considerable difficulties for hospital pharmacies and nationwide drug distribution. more

Global Law Enforcement Strikes Major Blow Against LockBit Ransomware Operation

In a significant global operation, law enforcement agencies from 10 countries have severely disrupted the LockBit ransomware group, recognized as the most prolific and harmful cyber threat worldwide. more

UN Treaty Threatens Cybersecurity, Warns Google

As governments convene to discuss the UN Cybercrime Treaty, Google is urging caution, warning that the current draft could endanger online security and free expression.  more