Fraud Alert - Scammers in Australia are impersonating police [1] - Scammers are using ReportCyber to legitimize fake cases [1] - The goal of the scammers is to steal cryptocurrency [1] Security Recommendations - The industry advises individuals to remain vigilant against these scams [1]

Australia Warns Criminals Are Abusing National Cybercrime Platform to Drain Crypto Wallets► https://t.co/zGXch8xG7h https://t.co/zGXch8xG7h ...

Google Sues Alleged Cybercriminals Linked To E-ZPass Scams And Theft Of Up To 115 Million U.S. Credit Cardshttps://t.co/VD0YNEAJ9f https://t.co/PSMM198A3g ...

Exclusive: Criminal gangs in China have made more than a billion dollars from spamming your smartphone with messages about things like unpaid highway tolls https://t.co/WpSjvmGydh ...

Core Insights - The Q3 2025 Gen Threat Report highlights a significant rise in cybercrime, particularly driven by AI technologies, with a focus on phishing, data breaches, and digital tracking [1][2][3] AI-Driven Cybercrime Trends - Gen identified 140,000 AI-generated phishing sites, marking a notable increase in AI-created scam text message campaigns and an 82% rise in breach incidents [2][5] - The report emphasizes the emergence of "VibeScams," which are AI-built phishing sites that mimic real brands, allowing criminals to create convincing scams quickly [3][4] Data Breaches and Identity Theft - Breach activity surged by 82% quarter over quarter, with 83% of breaches containing passwords, indicating a shift towards more targeted attacks [5][6] - Financial-related identity theft attempts are increasingly focused on payday loans, which accounted for 32% of such attempts, highlighting a trend towards exploiting fast-cash products [6] Rise of Text Scams - Text-based fraud is on the rise, with automation and AI-generated messages making scams appear more authentic; the top five campaigns accounted for 26% of all malicious texts [7][8] - In 2024, reported losses from text-based scams reached $470 million, a fivefold increase since 2020, indicating a growing threat in mobile-first fraud [8] Digital Tracking and Privacy Concerns - Despite privacy measures, digital tracking continues to evolve, with an average of 247 million trackers blocked monthly and 37 million digital fingerprints detected [9] - Discussions around encryption and potential backdoors for authorities have raised concerns about data privacy and security in the UK and EU [9] Cyber Safety Initiatives - Gen researchers discovered a flaw in the Midnight Ransomware encryption, providing a free decryptor for victims, showcasing the company's commitment to cyber safety [10] - Gen's brands, including Norton and Avast, offer solutions to protect consumers from scams and identity theft, reinforcing their role in enhancing digital safety [11]

North Korea Has Stolen Billions in Crypto, But the Ability to 'Fight Back Is Growing': Chainalysis► https://t.co/koYHQqs6wZ https://t.co/koYHQqs6wZ ...

In 1914, a satirical illustration published in Australia used the three-letter acronym CEO for what is believed to be the very first time. The abbreviation for chief executive officer didn’t catch on in corporate America until 1972, but within three years almost all heads of Fortune 500 companies were using the CEO title. Today, just about everybody knows what a CEO is, although the position of the top-ranking corporate officer has evolved a great deal over the decades. Nvidia (NVDA) CEO Jensen Huang be ...

Interpol Arrests 83 in ‘Landmark’ African Operation Hitting Crypto Terrorist Financing, Cybercrime► https://t.co/QsrBJ3Qr5n https://t.co/QsrBJ3Qr5n ...

Cybersecurity Threats in Japan - A recent wave of cyberattacks has revealed significant vulnerabilities in Japanese businesses' digital defenses, raising concerns about potential disruptions to sales and supply chains [1] - In the first half of the year, there were 116 reported cases of ransomware attacks, matching a record from 2022, indicating a troubling trend in cybersecurity threats [2] Impact on Companies - Asahi Group Holdings Ltd. had to take its distribution system offline due to a ransomware attack, reverting to phone orders for its products [1] - Retailers relying on Askul Corp. lost access to their e-commerce platforms, affecting their ability to sell online [4] - The Port of Nagoya suspended operations in 2023 after a ransomware attack disrupted communication systems, highlighting the broader impact on critical infrastructure [6] Factors Contributing to Vulnerabilities - The rise of remote work post-pandemic, increased use of cryptocurrency, and advancements in artificial intelligence have made it easier for cybercriminals to operate [2] - Japan's slower adoption of digital workflows and limited English proficiency have historically acted as protective barriers, but these are diminishing as companies seek to pay ransoms [5] Corporate Cybersecurity Practices - Approximately 46% of Japanese companies have appointed a Chief Information Security Officer (CISO), significantly lower than the global average of about 70%, indicating a lack of in-house cybersecurity expertise [7] - The tendency for Japanese companies to rely heavily on system integrators has reduced their internal cybersecurity capabilities, as IT is not integrated into corporate strategy [7] Regional Cybercrime Context - Despite the recent increase in attacks, Japan's scale of cybercrime remains relatively small compared to North America, which accounted for 64% of global victims in September [8] - The Asia-Pacific region represented 12% of global cybercrime victims, but this number may rise as Japan experiences its first wave of significant cyber threats [8][9]

Core Insights - Asset managers are particularly vulnerable to cybercrime due to the sensitive data and large volumes of money they handle [1] - A survey revealed that 93% of investment management executives experienced at least one cyber incident in the past year, with nearly 20% facing multiple threats [2] Cybersecurity Risks - 88% of surveyed executives acknowledged that a successful cyberattack could lead to asset withdrawals or losses, with this figure rising to 94% among CFOs [3] - Concerns include operational disruption (63%), financial theft or fraud (47%), loss of client trust (46%), and increased insurance premiums (30%) [3] Preparedness and Response - Ransomware is the type of attack that 51% of executives feel least prepared to recover from [4] - While most leaders believe employees can recognize AI-driven threats, about one-third lack full confidence, and only 17% prioritize security awareness training in the coming year [5] Cybersecurity Spending - Over 78% of firms increased cybersecurity spending in the past year, with 88% of firms managing $101 million to $500 million in assets doing so [6] - Registered investment advisers were the least likely to increase security budgets, with only 57% doing so, and 11% significantly decreasing IT spending [6] Assessment Frequency - 41% of firms still rely on quarterly or less-frequent cybersecurity assessments, creating vulnerabilities that attackers can exploit [7]