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17 stories in the last 30d

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CategoryAllPhishing & fraud 8Threat actor 3Data breach 2Industry 2Policy & legal 2Research 1
SeverityAllcritical 2high 5medium 4low 1info 6

2026 Cyber Insurance Trends Report: What's Changed and What You Need to Know

Huntress survey: CIRCIA reporting mandates now live, BEC claims exceed ransomware, exfiltration-heavy attacks cost twice as much, premiums rising.

Huntress's 2026 cyber insurance trends report, based on its own survey, finds 79% of respondents carry cyber insurance while 58% report shrinking coverage over five years. New CIRCIA federal reporting mandates and EU NIS2 requirements are reshaping policies, business email compromise now drives more claims than ransomware, and data exfiltration has replaced encryption as the dominant ransomware tactic at roughly twice the cost. After three years of declining premiums, rates are climbing again, and most businesses now refuse to pay ransoms.

Huntress · 15d agoIndustry1

Risky Bulletin: BEC campaign steals €35 million from French notaries

Hackers stole over €35 million from 500+ French notary offices in a four-year BEC campaign; ANSSI spent two years helping evict the attackers.

A business email compromise campaign breached more than 500 French notary offices — about 7% of all French notaries per the Conseil Supérieur du Notariat — over four years, stealing more than €35 million by phishing initial access and silently modifying wire transfer details. France's cybersecurity agency ANSSI worked for two years behind the scenes to help notaries remove the persistent attackers, who had deep access; officials also feared hackers could issue fake notarized acts such as marriage certificates or forged real estate deals. No forged documents have been found so far, but notaries have added two-factor authentication and in-person requirements for banking details, and banks added extra checks in 2024. The newsletter also notes other incidents, including a $320 million Bitcoin extraction from Blockstream's Liquid Network and a JetBrains Cadence breach via TeamCity servers.

Risky Business News · 9d agoPhishing & fraud in the wild1

Top 10 Best Enterprise Browsers in 2026

2026 enterprise browser guide ranks Island first and notes Mammoth Cyber's wind-down plus corrections to standard vendor shortlists.

An editorial guide assesses ten enterprise browser options, ranking category creator Island first for last-mile DLP and BYOD controls, followed by Palo Alto's Talon browser as a Prisma Access/SASE surface and Google Chrome Enterprise Premium for DLP on already-deployed browsers. It corrects common lists, noting SlashNext is browser-adjacent phishing and BEC defense rather than a managed browser, and that Mammoth Cyber has wound down independent operations. Microsoft Edge for Business is positioned as effectively free policy depth for Microsoft 365 estates, with Menlo Security offering an isolation-plus-browser blend.

Cyber Security News · 5d agoIndustry1

Hackers Use AI-Assisted CEO Emails to Trick Finance Teams Into Sending $50,000 Payments.

Microsoft tracked a million-message AI-assisted BEC campaign impersonating executives with fake ServiceNow invoices to steal ~$50,000 ACH payments.

Microsoft detected over one million messages in a BEC campaign running August 3-5, using AI-assisted phishing templates, executive impersonation, and fabricated ServiceNow subscription invoices to trick finance teams into authorizing fraudulent ACH payments of roughly $50,000. The US received 87.7% of volume. Attackers used lookalike domains like service-nowinc[.]com registered just days before delivery, with no compromise of ServiceNow itself. Telltale signs included verbose HTML comments, uniform formatting, and inconsistent forwarded-message headers.

GBHackersupdated · 5d agofirst · 5d agoPhishing & fraud in the wild 2 sources

Microsoft sees some new wrinkles in invoice-scam emails

Microsoft researchers observed a BEC invoice scam sending 1M+ AI-assisted emails impersonating executives and ServiceNow to request ~$50,000 payments.

Microsoft researchers tracked a campaign of more than one million invoice-scam emails launched in early August, with about 88% of targets in the United States. Attackers impersonated top executives and ServiceNow, fabricating forwarded email threads and invoices to convince accounts payable teams to send payments of nearly $50,000. Microsoft found indicators such as extensive HTML comments and highly uniform template construction consistent with AI-assisted campaign development, though it could not independently establish how much content AI generated.

The Record · 5d agoPhishing & fraud

Credential Theft: How Attackers Steal & Use Stolen Credentials

Huntress explains how attackers steal credentials through phishing, AitM, infostealers, and dumping, then use them for lateral movement, BEC, and ransomware.

Huntress published an educational overview of credential theft, citing that roughly 70% of confirmed data breaches begin with stolen credentials. It details acquisition methods including phishing, adversary-in-the-middle attacks that capture MFA session tokens, infostealers (nearly a quarter of threats Huntress observed in 2025), Mimikatz-based credential dumping, credential stuffing, and password spraying. The piece then covers post-theft actions such as lateral movement, privilege escalation, account takeover, business email compromise, and ransomware, and closes with behavioral detection guidance and layered prevention strategies.

Huntress · 6d agoResearch

Phishing Powers 80% of Attacks on US Companies: How SOCs Can Detect It Early

Phishing drives 80% of attacks on US companies; FBI recorded 158,436 BEC victims and over $20B in losses from 2013-2023.

A vendor-authored analysis claims phishing powers roughly 80% of attacks on US companies, citing FBI statistics of 158,436 business email compromise victims and more than $20 billion in reported losses between 2013 and 2023. It describes modern phishing using compromised infrastructure, redirect chains, dynamic pages, and adversary-in-the-middle techniques, including a recent campaign targeting tens of thousands of primarily US users. The piece promotes ANY.RUN Threat Intelligence Feeds and TI Reports, claiming 99% unique high-confidence IOCs, 21-minute faster MTTR, and 30% fewer Tier 2 escalations.

Cyber Security News · 8d agoPhishing & fraud

Operation Jackal: 58 Arrests Expose the Money Laundering Machine Behind Global Scams

INTERPOL's Operation Jackal IV made 58 arrests across 22 countries, disrupting Black Axe-linked networks laundering scam, BEC and sextortion proceeds.

INTERPOL's Operation Jackal IV (November 2025–June 2026) involved 22 countries and led to 58 arrests and 263 suspects identified tied to West African organized crime networks such as Black Axe. Key actions included 39 arrests in South Africa with $2.67 million seized and 257 bank accounts frozen, 17 arrests in Argentina against a crime-as-a-service laundering network, and a Romanian call-center investment scam with estimated global losses around €143 million. The operation also flagged rising sextortion of minors as young as 14 by these networks.

Security Affairs · 21d agoThreat actor

Interpol targets Black Axe’s illicit financial web in latest international sting

Interpol's Operation Jackal IV made 58 arrests across four continents, disrupting Black Axe money-laundering, BEC, and sextortion networks and seizing millions.

Interpol-coordinated Operation Jackal IV produced 58 arrests and identified 263 suspects across Africa, Europe and South America, targeting Black Axe and other West African organized crime financial networks. Romanian authorities dismantled a call-center investment scam valued at roughly 143 million euros, while South African police made 39 arrests, seized $2.67 million and blocked 257 bank accounts tied to romance and investment scams targeting retirees. Argentine investigators identified 196 people in a Crime-as-a-Service network supplying website domains and laundering support, and Interpol noted the groups' growing focus on sextortion of victims as young as 14.

CyberScoop · 22d agoThreat actor

America's Driver's License Breach Is a National Security Disaster

Dark web service Nexus sells 153 million US/Canadian driver's licenses linked to a breach of identity verifier IDScan.

Krebs on Security revealed a dark web service, Nexus, selling access to 153 million driver's licenses and 3 million travel documents from US and Canadian citizens, roughly 63 percent of all US licenses. Circumstantial evidence links the data to identity verification firm IDScan, which confirmed it is investigating a breach, and the FBI is probing the incident. Licenses belonging to senior US officials, including Pete Hegseth, an FBI assistant director, and Krebs's own contacts were verified as genuine. The exfiltration appears ongoing, with the database growing by nearly 400,000 licenses in a single day, and the data carries significant national security value for foreign intelligence services.

Hacker News · security · 1d agoData breachHN 26↑ · 4 comments3· 1 read

Black Axe Members Extradited to US Over Internet Fraud Claims

Five alleged Black Axe leaders were extradited from South Africa to the US over romance scam and money laundering charges.

Five Nigerian nationals who allegedly led Black Axe's Cape Town zone were extradited to the US on September 11 and appeared in federal court in Trenton, New Jersey on September 14. The superseding indictment alleges romance scams, advance-fee fraud, BEC, and money laundering via US bank accounts between 2011 and 2021, using social media, dating sites, and VoIP, with coercion via threats to distribute victims' intimate photos. Charges include wire fraud and money laundering conspiracy carrying up to 20 years each, plus aggravated identity theft for three defendants.

Infosecurity Magazine · 1d agoPolicy & legal

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 · 5d 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 · 6d agoPhishing & fraud1

Srsly Risky Biz: America's Drivers Licence Breach is a National Security Disaster

Dark web service Nexus sold 153 million US and Canadian driver's licenses, linked to identity verification firm IDScan under FBI investigation.

Krebs On Security reported that a dark web service called Nexus sold access to 153 million US and Canadian driver's licenses, claiming over a year of continuous exfiltration from a major identity verification company, with roughly 400,000 new licences added in a single day. Krebs verified the data as genuine and linked the incident via circumstantial evidence to identity verification firm IDScan, whose licences of senior US officials including Secretary of War Pete Hegseth appeared in the database; the FBI is investigating and IDScan has confirmed a breach inquiry. The article argues the data has national security implications, citing how Chinese APT espionage (Anthem, Equifax, Marriott, OPM) and Bellingcat investigations exploited leaked databases. Class action suits are being prepared, and the piece calls for stricter oversight of identity verification firms.

Risky Business News · 6d agoData breach in the wild

Passkey-themed social engineering leads to identity and cloud compromise

Microsoft tracks ongoing cloud intrusions where passkey-themed helpdesk lures enable AiTM credential theft, MFA persistence, and SharePoint data theft.

Microsoft Security Research is tracking active cloud-based intrusions, observed since May 2026, that begin with helpdesk impersonation calls and SMS lures urging urgent passkey, MFA, or SSO updates. The lures lead to adversary-in-the-middle phishing or device-code authentication flows that capture credentials and session tokens or grant actor access, after which the actors add authentication methods, conduct Microsoft Graph reconnaissance, and download SharePoint and OneDrive content via REST APIs. Phishing domains embed victim organization names as subdomains (e.g., contoso.add-passkey[.]com), are often registered with Nicenic, and go operational within hours. Microsoft advises revoking sessions and removing unauthorized authentication methods for confirmed compromises.

Microsoft Security Blog · 7d agoThreat actor in the wild2

BigBear 2 PhaaS Campaign Steals 5000+ Microsoft Credentials

CloudSEK researchers found the BigBear 2.0 PhaaS kit, built on Evilginx2, has stolen over 5,100 Microsoft 365 credentials across 461 organizations in 40+ countries.

CloudSEK gained admin access to the BigBear 2.0 phishing-as-a-service panel, an Evilginx2-based adversary-in-the-middle platform operated by someone using the alias 'General Boss'. The team observed 3,331 unique victim IPs across more than 40 countries, 42 VPS nodes mostly on Vultr, and 5,137 credential records across 461 organizations, including 4,148 session cookies, 1,032 plaintext passwords, and 474 completed MFA-bypassed authentications. IT and managed service providers were the most targeted sector, raising supply-chain risk since their compromise can expose client infrastructure and privileged Azure AD access.

Infosecurity Magazine · 8d agoPhishing & fraud in the wild

Risky Bulletin: Russia starts blocking DoH and DoT

Russian users report blocks on DoH and DoT servers, including Cloudflare 1.1.1.1 and Google 8.8.8.8, in an apparent censorship crackdown.

Russian internet users began reporting failures connecting to DNS-over-HTTPS and DNS-over-TLS servers, suggesting a government crackdown on the two privacy protocols. The blocks reportedly cover Cloudflare's 1.1.1.1 and Google's 8.8.8.8 resolvers; Roskomnadzor has not officially confirmed the action. The agency tested a similar block in March on Beeline's network and had named DoH for blocking as early as 2021. The bulletin also briefly notes state-sponsored phishing of EU officials, a DDoS against Norway's Digdir, the ReliaQuest/ShinyHunters dispute, and older ransomware and breach disclosures.

Risky Business News · 21d agoPolicy & legal1