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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.
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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.
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Hackers Impersonate IT Support on Microsoft Teams to Take Control of Employee PCs
Microsoft warns of a human-operated campaign where attackers pose as IT support in Teams to gain remote PC control and reach domain controllers.
Microsoft Threat Intelligence observed attackers abusing Microsoft Teams external collaboration to impersonate IT/helpdesk staff, persuading employees to grant screen control via Quick Assist or RMM tools. Operators deploy malicious MSI packages via silent msiexec, run encrypted JavaScript implants through portable Node.js, and persist via EdgeUpdate Run keys or Startup folder entries. The Node.js backdoor uses HTTPS long-polling C2, captures screenshots, enumerates Active Directory, and moves laterally over WinRM (TCP 5985) to domain controllers and certificate authorities. Initial access maps to MITRE ATT&CK T1566.003 (Spearphishing via Service); no Teams vulnerability is exploited.
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GhostCode Abuses Microsoft Entra Device Enrollment to Maintain Access After Token Revocation
eSentire exposes GhostCode, a device-code phishing kit that abuses Microsoft Entra device enrollment to persist even after stolen tokens are revoked.
eSentire's Threat Response Unit observed GhostCode campaigns in late August 2026, using BEC-style social engineering that impersonated procurement staff, including BJ's Wholesale Club, via Salesforce contact forms. Victims received password-protected HTML lures disguised as a FlipBook document portal, with junk-data padding, HTML comment injection, and AES-256-GCM encrypted redirects gated by anti-bot checks. The kit exploits the OAuth 2.0 device authorization grant, prompting victims to approve real Microsoft device-code sign-ins with MFA. Within 78 seconds of approval, attackers registered three Entra devices and obtained a Primary Refresh Token, so rogue device registrations persist even after session token revocation.
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Smishing Triad Hackers Use JWR Phishing Kit to Steal Cards, OTPs and Bank Credentials
Group-IB attributes large-scale smishing using the JWR real-time phishing kit to the Smishing Triad's Outsider cluster, harvesting card data, OTPs, and bank credentials.
Group-IB attributes a large-scale SMS phishing campaign to Outsider, an operator sub-cluster within the Smishing Triad phishing-as-a-service ecosystem, using a kit dubbed JWR. The Vue 2-based platform maintains real-time WebSocket communication with operators, enabling them to adapt pages live and harvest roughly 70 PII fields, card data, PINs, OTPs, identity document images, and digital wallet credentials via a dedicated PayPal sub-funnel. Unit 42 previously tied 194,345 malicious domains across 136,933 root domains to the broader operation since January 2024. Defenders can hunt for /api/open/ endpoints, /webSocket/QT/ paths, JWR-prefixed storage artifacts, and a hard-coded WebSocket token.
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Hackers Pose as IT Support to Hijack Microsoft 365 Accounts With Fake Passkey Alerts
Microsoft warns of vishing campaigns by Storm-3121 and Storm-3032 hijacking Microsoft 365 accounts via fake passkey alerts, adding attacker-controlled MFA and exfiltrating cloud data.
Microsoft Security Research has tracked the campaign since May 2026: callers posing as IT helpdesk staff tell employees to urgently update passkeys, MFA, or SSO settings via domains such as add-passkey[.]com and contoso[.]add-passkey[.]com. The lures lead to adversary-in-the-middle phishing or device-code authentication flows that yield credentials, session tokens, or OAuth tokens, after which attackers enroll their own MFA methods for persistence and run Microsoft Graph reconnaissance. They then collect SharePoint, OneDrive, and sometimes Exchange Online data at deliberately low rates (often under 1,000 files or messages per hour), with python-httpx seen in high-volume file access. Microsoft attributes initial access tradecraft to Storm-3121 and Storm-3032, linked respectively to ShinyHunters/Falcon and BlackFile/Helix extortion operations.
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