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18 stories in the last 30d

ASCII smuggling crosses over from AI prompt injection to phishing evasion

Microsoft details high-volume phishing campaign using ASCII smuggling (Unicode tag chars) for filter evasion, peaking at 2.3M messages.

Microsoft researchers observed a high-volume finance-themed phishing campaign using invisible Unicode tag characters (U+E0000–U+E007F), a technique known from AI prompt injection research as ASCII smuggling, to split lure words like 'funding' and evade email filters. Telemetry from Microsoft Defender for Office 365 showed signature hits jump from roughly 21,000 messages on February 8, 2026 to more than 1.3 million on February 9, peaking above 2.3 million on February 11, with elevated weekday activity lasting approximately three months. The discovery emerged from prompt injection protection research, showing AI-era evasion techniques crossing into traditional phishing. Most messages were flagged by layered Defender protections rather than a single Unicode-specific signal.

Microsoft Security Blog · 12d agoPhishing & fraud in the wild

The Money Mule Solution: What Every Scam Has in Common

CYBERA's money mule intelligence, now in Recorded Future's Payment Fraud Intelligence, targets the shared exit point of $450B-$1T annual scam losses.

Scams, especially authorized push payment fraud, do not require a breach; Global Anti-Scam Alliance estimated ~$450B in 2025 losses while CYBERA co-founder Claudio Staub puts the real figure near $1 trillion when underreporting is counted. Every scam needs a mule account to receive funds, so CYBERA uses agentic personas to engage active scammers and extract verified mule account details before payments occur, now available as an add-on to Recorded Future's Payment Fraud Intelligence. CYBERA collected over 16,000 confirmed mule accounts across 72 countries in H2 2025, finding 28% remained active 30 days or more after identification, including one account in 25 engagements. In Europe 51% of mule accounts sat at neobanks and fintechs, while outside Europe 69% were at major banks; regulatory pressure like the UK's APP reimbursement mandate is raising the stakes for institutions.

Recorded Future · 16d agoPhishing & fraud

Phishing Campaign Sends Millions of Emails Using Invisible Unicode to Evade Filters

Microsoft warns of a high-volume phishing campaign using invisible Unicode characters to split keywords like 'funding' and evade filters, peaking at 2.37 million daily messages.

Microsoft's Security Research team documented a high-volume phishing operation inserting deprecated Unicode Tags characters (U+E0000-U+E007F) inside financial keywords such as 'funding' so literal-string and regex email filters stop matching them. The campaign ran on a weekly cadence with 1-2.37 million weekday messages between February and May 15, 2026, peaking on February 26, 2026. It used hundreds of disposable finance-themed sender domains and relayed mail through ActiveCampaign's click-tracking infrastructure (acemlnd[.]com, activehosted[.]com), lending legitimate platform reputation. Microsoft ties the activity to an AI-assisted SBA loan phishing campaign that Fortra's FIRE team disclosed in September 2025.

The Hacker News · 11d agoPhishing & fraud in the wild

Loyalty points fraud is funding hacker holidays (Lock and Code S07E18)

Malwarebytes' Lock and Code podcast examines loyalty-points theft, with LexisNexis' Kim Sutherland explaining why stolen airline and hotel points are lucrative for fraudsters.

LexisNexis Risk Solutions' Kim Sutherland says loyalty currency is worth roughly one cent per point, making 100,000 airline points worth about $1,000 in the US. Cited incidents include a Chicago teacher who lost 240,000 airline points, discovered only via a confirmation email, and a man whose miles were used to book rental cars in New York and Memphis. The episode discusses how points theft happens and what companies and consumers can do.

Malwarebytes Labs · 8d agoPhishing & fraud

Treasury urges banks to file cyber scam reports, noting nearly $13 billion in losses since 2023

FinCEN urged banks to report cyber scams after a study found $12.7 billion stolen from US victims of crypto investment scams since 2023.

FinCEN analyzed more than 33,000 cyber fraud incident reports filed by roughly 1,300 financial institutions between September 2023 and December 2025, finding about $12.7 billion in losses to cryptocurrency investment scams across all 50 states. Traditional banks reported about $6.4 billion in suspected scam activity and crypto firms about $5.5 billion. Scam activity is growing, with monthly reports rising nearly 11% as centers expand beyond Myanmar, Cambodia, and Laos. The US later sanctioned Xinbi Guarantee, a Telegram-based marketplace used to launder over $36 billion.

The Record · 5d agoPhishing & fraud 4 sources

$245 million in stolen crypto funded racketeering crew’s lavish lifestyle

Malone Lam pleaded guilty in D.C. federal court to a racketeering conspiracy that stole and laundered over $245 million in cryptocurrency via social engineering.

Malone Lam, a 22-year-old Singapore citizen, pleaded guilty in Washington D.C. federal court to running a racketeering conspiracy that stole and laundered more than $245 million in cryptocurrency. The operation ran from at least October 2023 through May 2025, grew out of online gaming platforms, and relied on social engineering to trick victims into surrendering wallet access, sometimes including break-ins to victims' homes. Lam was arrested on September 18, 2025 in Miami; prosecutors said members spent lavishly on nightclubs, private jets, and exotic cars priced from $100,000 to $3.8 million.

Help Net Security · 6d agoPhishing & fraud

Risky Bulletin: Ukraine's top prosecutor resigns amid scam call center scandal

Ukraine's top prosecutor Ruslan Kravchenko resigned after NABU arrested a deputy for taking bribes protecting scam call centers running fake investment platforms.

Ukraine's anti-corruption bureau NABU arrested Serhiy Kropyva, Deputy Head of International Cooperation at the Prosecutor General's Office, alleging officials took monthly protection fees from a network of 100-500 scam call centers luring victims into fake investment platforms, with bribes reportedly growing from $700,000 to $3.5 million per month. Prosecutor General Ruslan Kravchenko resigned on Monday, calling it a political decision, while Kropyva was fired with bail set at 120 million hryvnias ($2.7 million) and over 100 call centers shut down in the past month. The newsletter also briefly covers a cyberattack crippling more than 80 Luxembourg medical practices via payment vendor BMS Engineering, ShinyHunters' claimed theft of 200,000 Florida DMV driver records, a cyberattack on the American Meteor Society, and school closures in Springfield, Massachusetts.

Risky Business News · 6d agoPhishing & fraud

Fraudsters steal $6 million from Tectonic crypto platform after inflating token price

Attackers inflated Tectonic's Tonic token price 100x in 20 minutes and borrowed $74 million against it, stealing $6 million before Cronos halted activity.

Attackers manipulated the price of Tectonic's thinly traded Tonic token, raising it more than 100-fold in 20 minutes, then used the inflated tokens as collateral to borrow assets in an attempted $74 million theft. About $6 million left the platform; Cronos halted blockchain activity and later restored roughly $69 million in frozen funds via an on-chain rollback. Tectonic plans a phased reopening and a postmortem. TRM Labs says market manipulation now accounts for one in eight crypto hacks, with 32 incidents in 2026, and compares the case to the 2022 Mango Markets manipulation that led to a criminal conviction.

The Record · 15d agoPhishing & fraud

Search results are sending people to fake Bitrefill checkouts

Scam sites impersonating Bitrefill's crypto checkout appear in search results, tricking victims into sending up to $1,990 in crypto directly to scammers.

Malwarebytes documents a cluster of lookalike domains copying Bitrefill's gift card checkout, surfaced via search engine results rather than email. Victims choose an amount up to $1,990 and pay in Bitcoin, Ethereum, USDC, USDT, Solana, or Litecoin to scammer-controlled addresses, with no recourse since crypto payments are irreversible. Domains use typosquatting and Punycode/IDN homoglyph tricks, and the fake sites run commercial analytics software to measure and optimize victim conversion. Bitrefill's security team is working with takedown specialists to remove the sites.

Malwarebytes Labs · 13h agoPhishing & fraud

The Fraud Ecosystem: A Transition From Known Marketplaces to a Fragmented Environment

Rapid7 analyzes how fraud marketplaces are fragmenting into specialized shops after larger marketplaces were dismantled, aided by new MITRE F3 framework

Rapid7 reports a shift from large known fraud marketplaces to a fragmented environment of smaller specialized storefronts such as Xleet, Blackpass, Infodig, and Styx, operating across dark web channels, Telegram, and P2P options. These Fraud-as-a-Service shops sell stolen accounts, PII, synthetic identity generation, infrastructure, and money laundering support, supporting schemes like business email compromise. MITRE's Fraud Fighting Framework (F3), introduced in early 2026, aims to help security teams prioritize monitoring of fraud TTPs, particularly account takeover techniques. Fraud damages are anticipated to approach hundreds of billions of USD.

Rapid7 Blog · 4d agoPhishing & fraud

Fake GTA 6 leaked copy drains your crypto wallet

A fake GTA 6 leaked-copy website loads a multi-chain crypto wallet drainer that sweeps Solana balances and can steal assets across seven blockchain networks.

A fake Grand Theft Auto VI countdown site offers a supposed leaked copy for $50 or 1 SOL and loads a wallet drainer on page visit. An embedded Solana script transfers nearly the entire wallet balance, while a separate 2.4 MB script built on a legitimate wallet-connector tool targets wallets on Ethereum, Polygon, BNB Smart Chain, Avalanche, Arbitrum, Base, and Fantom, including stablecoins and NFT collections. The drainer geo-blocks CIS countries via a CIS_Protection setting, profiles visitor holdings, and evades automated scanners, suggesting a rented drainer-as-a-service.

Malwarebytes Labs · 14d agoPhishing & fraud

Protecting organizations from AI-assisted executive impersonation and invoice fraud

Microsoft tracked a campaign of over one million AI-crafted CEO-impersonation emails seeking ~$50,000 ACH payments with fabricated ServiceNow invoices.

Between August 3 and 5, Microsoft detected a campaign of more than one million fraud emails, 87.7% of them targeting US enterprise users, sent through multiple third-party email delivery service accounts. The actor impersonated CEOs, CFOs, and presidents of targeted companies, urging accounts payable staff to process an ACH payment of nearly $50,000. Lures layered executive impersonation, lookalike domains, a fabricated ServiceNow 'Annual Subscription' invoice personalized to the recipient, and forged forwarded email threads; Microsoft found no evidence ServiceNow or the referenced executives were compromised. Microsoft observed indicators consistent with generative AI-assisted template creation, while leftover inconsistencies such as missing forwarding headers and mismatched display names gave defenders detection cues.

Microsoft Security Blog · 5d agoPhishing & fraud1

Hackers Abuse Google Sheets to Hijack Crypto Wallet Addresses in ClickFix Attacks

Cisco Talos details a crypto-theft ClickFix campaign abusing Google Sheets to swap wallet addresses, with about $10,000 in observed Bitcoin losses.

Cisco Talos tracks a ClickFix-style campaign that tricks cryptocurrency traders into pasting JavaScript into Chrome's address bar or a Tampermonkey extension, promising fake bonuses on SwapZone and SimpleSwap. The loader pulls obfuscated JavaScript from cells in a public Google Sheet via the Visualization API, then behaves like a web skimmer, rewriting deposit addresses on screen, in web responses, and in the clipboard. Researchers counted 49 attacker-controlled Bitcoin addresses, with 24 receiving a combined 0.159 BTC, roughly $10,000, by early August 2026. A Tampermonkey variant re-injects the payload on every return visit, giving the attackers persistence despite takedown efforts.

Cyber Security Newsupdated · 6d agofirst · 6d agoPhishing & fraud in the wild 3 sources

Safe word: What is it and why do you need one?

ESET recommends pre-agreed family safe words to counter AI voice-clone scams such as virtual kidnapping, as one-in-four Americans report receiving deepfake calls.

ESET outlines how scammers use just seconds of audio scraped from social media or work content to create convincing voice clones, with a Hiya report finding one-in-four Americans received a deepfake voice call in the past 12 months. Common schemes include virtual kidnapping calls mixing cloned voices with sobbing and background noise. A pre-agreed, non-OSINT-discoverable safe word, plus callback verification via known numbers and 2FA, reduces success rates of these frauds.

ESET WeLiveSecurity · 6d agoPhishing & fraud in the wild

Scammer behind $245 million crypto heist pleads guilty to RICO charges

Malone Lam, leader of a social engineering ring that stole over $245 million in cryptocurrency, pleaded guilty to US RICO charges.

Singaporean national Malone Lam, 22, pleaded guilty to RICO conspiracy charges for leading the 'Social Engineering Enterprise,' which stole more than $245 million in cryptocurrency. The group posed as Apple and Google customer support, tricked victims into installing remote desktop software, and even burgled homes to steal hardware wallets, including $263 million from a single Washington, D.C. victim. At least nine others have already pleaded guilty; Lam faces a December 8 sentencing hearing and a possible 7-to-20-year term.

The Record · 7d agoPhishing & fraud

ASCII smuggling isn't just an AI security risk

Microsoft tracked a phishing campaign peaking at 2.37 million daily messages that hid financial-lure keywords with invisible Unicode tag characters to evade filters.

Microsoft researchers uncovered a large phishing campaign that inserted invisible Unicode tag characters (e.g., U+E0020) inside common financial keywords like 'funding', splitting words so keyword, signature, and regex matches fail. The campaign peaked at more than 2.37 million messages in late February 2026, ran from about 150 finance-themed sender domains on a strict weekday-only schedule, and gradually declined to under 20% of peak weekday volume by late March, with residual spikes through mid-June. The technique repurposes ASCII smuggling, normally used for indirect prompt injection against AI assistants, for traditional email phishing evasion. Microsoft advises defenders to strip or fold invisible Unicode code points before content matching and to watch for bulk weekday spikes from churning finance-themed domains.

The Register · Security · 11d agoPhishing & fraud in the wild1

X Money rollout linked to password-reset attacks

X is investigating bulk unsolicited password-reset emails as its X Money payments service expands, with no confirmed breaches or account takeovers yet.

X users began reporting unexpected password-reset emails and codes on September 1, and product engineer Mridul Singhai said attackers appear to believe newly widespread X Money access makes accounts worth targeting. X says it has found no evidence of any breach or successful account takeover, and completing a reset still requires access to the account's email or phone number. X Money offers eligible US users interest-bearing accounts, a Visa debit card, and P2P payments, with Cross River Bank providing banking infrastructure. Malwarebytes warns the reset flood can serve as cover for phishing and urges reset protection, 2FA, and unique passwords.

Malwarebytes Labs · 11d agoPhishing & fraud in the wild

Banks look for fraud signals in customer behavior

ThreatMark's 2026 benchmark finds 55% of banks see social engineering in most fraud, pushing behavioral intelligence and earlier detection during customer sessions.

ThreatMark's Fraud Readiness Benchmark 2026 reports social engineering is involved in most fraud at 55% of surveyed banks, with criminals impersonating trusted people to make customers authorize payments using legitimate credentials. The report highlights behavioral intelligence as underused (18% adoption, 83% rating it effective), expects authorized push payment reimbursement regulation in North America within two years, and notes 91% agreement that AI can shorten fraud investigations. It also finds 81% of fraud professionals now carry cybersecurity responsibilities.

Help Net Security · 27d agoPhishing & fraud