Cybersecurity Ventures predicted that global cybercrime damages would hit $10.5 trillion in 2025, a figure we have been compounding upward from $3 trillion in 2015 and $6 trillion in 2021. The estimate folds in stolen funds, fraud, productivity loss, intellectual property theft, post-attack remediation, regulatory fines, and reputational harm. To put…
PHNOM PENH, Cambodia (AP) — Cambodia, notorious for being a major center for international online scams, claimed Friday it no longer hosts any of the compounds where the lucrative cybercrime was carried out, although some remain skeptical. The government’s Ad-Hoc Commission for Combating Online Scams, CCOS, claimed success for its…
Beyond the Hype: AI, Ransomware and Business Models AI is not (yet) fundamentally reinventing cybercrime. For bold predictions on how it will change, look to history to understand what drives criminal behaviour online. We are frequently told by cyber security marketers that we are in the midst of an AI-powered…
A US federal judge has blocked the Pentagon from enforcing its decision to label Anthropic a national security supply-chain risk. The ruling comes after the AI company challenged the designation, arguing that it was retaliation for refusing to allow Claude to be used for autonomous weapons and certain surveillance operations….
“This breadth of, ‘I use anything I grab from the internet, and I trust it’—I do think those days are over,” Red Hat CEO Matt Hicks said. Red Hat CEO Matt Hicks said the company’s Lightwell project helps counter AI-powered mass vulnerability exploitation by accelerating open-source patching and reinforcing enterprise…
Australian Police Charge Two Over TeamPCP Credential Theft Pierluigi Paganini August 27, 2026 Australian police charged two men linked to TeamPCP over malware hidden in open-source code that stole 500,000+ credentials from 1,000+ organizations. Australian police have charged two men from Western Australia over a global cybercrime operation that allegedly…
NEW JERSEY — TECH – An exposed server linked to an affiliate of the Aurora ransomware operation has given cybersecurity researchers an unusually detailed look inside the working environment of a cybercriminal targeting organizations across nine countries. CloudSEK says the exposed system contained months of attacker activity, including shell history,…
17 Iranians charged in cyber theft campaign The Department of Justice charged 17 Iranian nationals with allegedly conducting a massive cyber theft campaign targeting American universities and government agencies. Reporter Alexandria Hoff details how the hackers compromised networks to steal intellectual property since 2013. NEWYou can now listen to Fox…
SARATOGA COUNTY, N.Y. — A Florida man is facing a federal cyberstalking charge after investigators say he sent threatening messages to several Saratoga County residents. Anthony Gagnon, 23, of New Smyrna Beach, Florida, was arrested Aug. 4, according to the U.S. Attorney’s Office for the Northern District of New York….
TUCSON, Ariz. (13 News) – Meta has reached a $17 billion settlement over claims that “addictive” features on Instagram and Facebook are harming children. Arizona is one of several states involved in legal action against the company. Attorney General Kris Mayes released a statement last week saying, in part, “Arizona…
