A hacker exploited Anthropic PBC’s artificial intelligence chatbot to carry out a series of attacks against Mexican government agencies, resulting in the theft of a huge trove of sensitive tax and voter information, according to cybersecurity researchers.The unknown Claude user wrote Spanish-language prompts for the chatbot to act as an elite hacker, finding vulnerabilities in government networks, writing computer scripts to exploit them and determining ways to automate data theft, Israeli cybersecurity sta ...

Cambodia is drafting a law targeting online scams, seeking to build a bulwark against criminals using the country as a base to siphon billions of dollars from victims globally https://t.co/m2xLOAATmr ...

RT 9mmSMG (@9mmsmg)My grandmother-in-law just got scammed for 3,000 dollars on Facebook. She had been looking to purchase a new (to her) vehicle and saw a post from a Facebook friend (not a real-life friends or someone she had ever spoken to) about a car this person was selling. All the red flags were there, but the most obvious was that the car was selling well below blue book.She contacted the seller, who was local, and asked to see the car. The seller said the reason she was selling the car was that it w ...

Imagine this, a hospital late at night, a patient on the operating table, doctors ready and machines humming and suddenly silence. freeze. A system shut down not because a storm hit the power grid but because someone was sitting thousands of kilometers away decided to present and the law well the law breaking and still loading the page this isn't science fiction this happened in real life in Ireland in New Zealand and beyond lives on the line and the justice system still struggling to decide which country s ...

Core Insights - A Vermont retiree, Jeanette Voss, had a life-changing experience after recovering $1,033,000 that was lost to a tech-support scam, which included interest [1][2] - The recovery was facilitated by the United States Secret Service, who tracked cryptocurrency wallets linked to an international scam ring [2] Group 1: Scam Details - In 2021, Voss fell victim to a tech-support scam after receiving a fraudulent alert on her laptop, leading her to believe her financial accounts were at risk [4] - Scammers convinced her to transfer nearly all her savings, amounting to $950,000, into cryptocurrency for security reasons, exploiting the fast and hard-to-trace nature of crypto transactions [5][6] - After realizing the scam, Voss sought help from her financial advisor, the Social Security Administration, and the police, but was initially told she would likely not recover her funds [6] Group 2: Impact of the Scam - For over four years, Voss faced significant financial hardship, relying solely on Social Security and food stamps, while rationing her spending and avoiding travel [7] - The process of recovering lost funds from scams typically takes years and requires cooperation with investigators, the ability to trace funds, and disruption of the criminals' operations [7]

Core Viewpoint - Fortinet is actively participating in the World Economic Forum Annual Meeting to address global cybercrime challenges and promote strategies for accountability and deterrence in the cybersecurity landscape [1][4][10] Group 1: Fortinet's Role and Initiatives - Fortinet is a founding member of the World Economic Forum's Centre for Cybersecurity and is involved in various initiatives aimed at combating cybercrime, including the Cybercrime Bounty program [1][3] - Derek Manky, Chief Security Strategist at Fortinet, will present on incentivizing intelligence sharing and collaborative efforts to disrupt the cybercrime ecosystem during the forum [2][5] - The Cybercrime Bounty program is highlighted as a key initiative to disrupt the growing cybercrime market, emphasizing the importance of building alliances across sectors [2][3] Group 2: Economic Impact of Cybercrime - The annual losses from cybercrime are estimated to exceed $11 trillion, with the rise of AI-enabled cybercrime exacerbating the situation [5] - Organizations are facing an increasing number of tailored cyberattacks, necessitating collaborative approaches to enhance cybersecurity resilience [5][10] Group 3: Forum's Objectives and Discussions - The World Economic Forum Annual Meeting aims to foster dialogue among leaders from various sectors to address shared challenges and promote innovations for a better future [6][8] - Key discussions will focus on the paradigm shift in technology and its implications for cybersecurity, emphasizing the need for trust and collaboration [9][10]

Core Insights - The article discusses the rise of a criminal organization known as "The Com," which recruits young individuals, primarily teenagers, to conduct ransomware attacks against major corporations, exploiting their technical skills and naivety [3][4][19]. Recruitment and Operations - The Com prioritizes female candidates and offers training for inexperienced individuals, with compensation of $300 per successful call, paid in cryptocurrency [2][19]. - The organization has infiltrated U.S. and UK companies with a combined market cap exceeding $1 trillion, targeting around 120 companies, including well-known brands like Nike and Louis Vuitton [3][4]. Tactics and Techniques - The Com employs sophisticated social engineering tactics, utilizing platforms like LinkedIn and Slack to gather information about employees and corporate structures [7][10]. - Members of the group often mimic legitimate help desk calls to extract sensitive information from employees, exploiting the asymmetry in authentication processes [11][20]. Youth Involvement and Risks - Many of the young recruits are unaware of the severe legal consequences, with some facing federal charges and significant prison sentences for their involvement [4][17]. - The article highlights that the recruitment often begins in gaming communities, where young individuals are groomed for cybercrime [15][23]. Gender Dynamics - The organization has seen an increase in female participation, which is strategically leveraged for social engineering due to societal biases that underestimate women [19][22]. - Despite the growing number of female recruits, the leadership remains predominantly male, and women are often not given opportunities for advancement within the organization [22]. Parental Awareness and Cybersecurity - Parents often remain unaware of their children's involvement in cybercrime until law enforcement intervenes, highlighting a gap in monitoring online behavior [6][26]. - The complexity of online crimes makes it difficult for parents to recognize warning signs, necessitating a more proactive approach to cybersecurity at home [25][26].

Core Insights - The Global X Cybersecurity ETF (NASDAQ:BUG) has experienced significant challenges throughout the year [1] Group 1: ETF Performance - The ETF has faced a rough year, indicating potential volatility in the cybersecurity sector [1]

Core Viewpoint - The Global X Cybersecurity ETF (NASDAQ:BUG) has underperformed in 2025 despite a strong underlying cybersecurity thesis, primarily due to heightened investor expectations for flawless performance from high-growth software companies [2][3]. Group 1: Market Dynamics - Cybersecurity stocks are currently facing a "Perfection Regime," where investors expect impeccable execution despite strong fundamentals and increasing cyber threats [5]. - The emergence of AI-enabled agentic attacks is identified as a significant new frontier in cyber threats, leading to accelerated enterprise security spending [4]. Group 2: ETF Composition and Holdings - BUG has a concentrated portfolio with significant holdings in CrowdStrike (NASDAQ:CRWD), Palo Alto Networks (NASDAQ:PANW), Fortinet (NASDAQ:FTNT), and Check Point Software (NASDAQ:CHKP), with 81.6% of its investments in Information Technology [5]. - The ETF's equal-weight approach allows underperforming stocks to potentially catch up in 2026 if the sector experiences a rotation [6]. Group 3: Future Performance Indicators - Key indicators for 2026 performance include enterprise IT budget announcements and security spending commitments, typically revealed in January and February earnings calls [7]. - Monitoring the execution quality of BUG's holdings is crucial, as companies must deliver on billings, guidance, and customer growth without any setbacks [7].

Thailand’s army has recast its deadly clash with Cambodia as a battle against cybercriminals, adding a new motive for bombing runs across the border that it says are aimed at rooting out scammers https://t.co/5Oe5oZRQ1y ...