CFOtech UK - Technology news for CFOs & financial decision-makers

Cybercrime stories - Page 4

Any use of network connected electronic devices such as computers or smartphones for criminal activity is classified as cybercrime. With a long history starting with the misuse of telephone systems (such as ‘phreaking’), cybercrime today includes the creation and distribution of viruses, ransomware, keyloggers and other malware, the download and use of malware produced by others, social engineering tactics such as phishing or (physical) impersonation, the theft and use of credentials for accessing computer systems or networks, and the theft of privileged data. Cybercrime is a broad and dynamic field, with cybercriminals constantly adapting their methods in pursuit of usually financial goals, but also occasionally seeking to disrupt, embarrass or shame their targets.
Moody laptop dark desk phishing inbox shadowy hand global cyber threats

Israel-Iran conflict exploited in fresh email scam wave

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email security
Scammers hijack Israel-Iran war headlines for classic advance-fee email cons, security researchers warn, urging users not to respond.
Dark cyber fraud desk with shields and law enforcement servers

Microsoft & Europol disrupt global Tycoon 2FA scam

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Microsoft and Europol have seized over 300 domains to disrupt Tycoon 2FA, a vast phishing-for-hire service bypassing MFA worldwide.
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Tycoon 2FA phishing service disrupted in EU crackdown

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European authorities and tech firms have disrupted Tycoon 2FA, a major phishing service used to bypass MFA and hijack cloud accounts.
Scottish police digital forensics officer examining phone

Cyacomb tool spots altered child abuse images faster

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data protection
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surveillance
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risk & compliance
Edinburgh-based Cyacomb adds Similarity Matching to Examiner Plus, helping police spot altered child abuse images on phones in minutes.
Cinematic cloud server room ai identity theft masked attackers

Cloudflare flags AI-fuelled identity & SaaS attacks

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Cloudflare warns AI-driven identity fraud and SaaS abuse are reshaping cybercrime, as global costs hit USD $10.5 trillion a year.
Megan squire

Stop framing deepfake harassment of women as a social problem - It's a cybersecurity problem

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ransomware
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Non-consensual deepfake abuse of women is not just online harassment but cybercrime, demanding full threat intelligence and security action.
Theodora

Generative AI fuels alarming surge in intimate image abuse

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data protection
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encryption
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open source
Generative AI is fuelling a sharp rise in intimate image abuse, outpacing weak platform responses and patchy global legal protections.
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Video game cheat economy grows into USD $8.5bn giant

Fri, 27th Feb 2026
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saas
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gaming
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advanced persistent threat protection
A growing underground market for video game cheats has swelled into a USD $8.5 billion industry, outstripping esports and Twitch revenues.
Moody globe of network cables with hidden red cyber threat nodes

Phishing gangs weaponise .arpa DNS to evade defences

Fri, 27th Feb 2026
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firewalls
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network infrastructure
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network security
Phishing gangs abuse .arpa DNS and IPv6 tunnels to hide brand-impersonation scams in core internet plumbing that most defences ignore.
Smartphone suspicious call laptop fake login deceptive subdomain scene

ShinyHunters pivots to subdomain phishing & vishing

Fri, 27th Feb 2026
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saas
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cloud security
ShinyHunters shifts to subdomain-brand phishing and vishing on mobiles, bypassing domain checks to hijack SSO logins and SaaS sessions.
Uk small office owner cyber breach email identity fraud illustration

UK small firms lag on cyber breach & ID fraud defences

Fri, 27th Feb 2026
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mfa
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phishing
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physical security
Fewer than half of UK small firms can spot cyber breaches, as identity fraud and supplier scams expose gaps in remote and hybrid working.
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AI-driven cyber attacks now breach networks in minutes

Thu, 26th Feb 2026
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AI-fuelled hackers can now spread across corporate networks in as little as four minutes, outpacing human defenders by hours.
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CIOs brace for AI-led cyber attacks but feel unready

Thu, 26th Feb 2026
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digital transformation
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cloud security
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phishing
Most CIOs expect AI-driven cyber attacks within a year, but only a third feel prepared, exposing a widening gap in cyber resilience.
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GenAI misuse & ransomware drive surge in cyber attacks

Thu, 26th Feb 2026
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Global cyber attacks hit 2,090 a week in January as ransomware surges and risky GenAI use exposes fresh data-leak and intrusion paths.
Uk online shop secure checkout cybersecurity shield circuit lock

Ecommpay issues free guide to combat rising eCommerce fraud

Thu, 26th Feb 2026
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mfa
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fintech
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cx
Ecommpay launches a free fraud guide for online retailers as UK payment fraud hits GBP £1.17 billion and AI-driven scams rapidly escalate.
Fraud control center global map analysts tracking red alerts

Firms race to counter fast-evolving AI-driven fraud

Fri, 20th Feb 2026
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data analytics
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digital transformation
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fintech
Half of fraud chiefs say fast-changing, AI-powered scams are outpacing their defences, forcing a shift to real-time, adaptive protection.
African cybercrime taskforce in dim ops room with seized devices

INTERPOL cybercrime sweep in Africa recovers USD $4.3m

Fri, 20th Feb 2026
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firewalls
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network security
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phishing
INTERPOL's Africa cybercrime blitz nets 651 arrests, seizes 2,341 devices and recovers USD $4.3m after scams linked to USD $45m losses.
Disappointed british fan fake ticket outside stadium financial loss

Bionic warns fans as concert ticket scams surge online

Thu, 19th Feb 2026
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phishing
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physical security
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email security
Music fans are warned over a surge in fake ticket scams, with more than 11,000 reports and GBP £11.5 million lost in just 13 months.
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UK warned over growing cyber threat to key services

Thu, 19th Feb 2026
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UK's cyber agency warns ageing infrastructure and SMEs face rising attack risk, urging urgent resilience upgrades and stronger regulation.
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UK campaign targets small firms' growing cyber risk

Thu, 19th Feb 2026
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UK urges small firms to 'lock the door' on cyber crime as attacks cost businesses GBP £14.7 billion a year and basic defences lag.