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

Cybercrime stories - Page 5

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.
Internal auditors anxious over ai driven fraud in dark office

Internal auditors fear AI fraud but lack readiness

Thu, 19th Feb 2026
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data analytics
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digital transformation
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fintech
Internal auditors warn AI-driven fraud is surging, but most concede they lack the tools, skills and time needed to spot it effectively.
Woman accepting award finance conference dubai city skyline

Ecommpay leader wins Women in Risk & Compliance award

Wed, 18th Feb 2026
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fintech
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cx
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martech
Ecommpay's fraud and compliance head Marija Solovjova wins Women in Risk & Compliance honour at 2026 FinTech Week Awards in Dubai.
Moody smartphone dual face ai romance warnings uk backdrop art

AI deepfakes erode trust and reshape UK dating apps

Wed, 18th Feb 2026
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data protection
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physical security
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risk & compliance
Deepfakes fuel mistrust on UK dating apps as users turn to AI companions, with scammers and identity fraud exploiting synthetic profiles.
Small business office ransomware attack refusing to pay secure safe

Ransomware victims refuse to pay as data extortion soars

Wed, 18th Feb 2026
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firewalls
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data protection
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dr
Most ransomware-hit firms now refuse to pay, as Arctic Wolf reports an 11-fold surge in data-only extortion and booming remote access abuse.
Moody office building chained padlock ransomware gangs night scene

Record ransomware surge as 7,458 victims named in 2025

Wed, 18th Feb 2026
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malware
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ransomware
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encryption
Ransomware hits record 7,458 named victims in 2025 as 124 gangs crowd dark web leak sites and new “supergroup” alliances emerge.
Dim corporate server room mixed os racks chained ransomware lock

LockBit 5.0 ransomware targets Windows, Linux, ESXi

Wed, 18th Feb 2026
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malware
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virtualisation
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data protection
New LockBit 5.0 ransomware hits Windows, Linux and ESXi in single campaigns, widening blast radius across mixed and virtualised environments.
Fake olympic website

Fake Olympics shop ads on Meta target fans' wallets

Wed, 18th Feb 2026
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phishing
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martech
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physical security
Fake Olympics shop ads on Meta push fans to cloned sites mimicking Milano Cortina 2026 store to steal card and personal details.
Moody ai cyber ops room global map pulsing network lines

AI drives shift to persistent, low‑level cyber conflict

Sun, 15th Feb 2026
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malware
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firewalls
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network infrastructure
Cyber operations have become constant, covert pressure in geopolitics, with AI-fuelled identity abuse replacing headline-grabbing cyberattacks.
Moody smartphone lonely user masked profiles uk landmarks vector

AI romance scams surge on UK dating apps, says study

Sat, 14th Feb 2026
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malware
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endpoint protection
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phishing
AI-driven romance scams are rife on UK dating apps, with one in five users meeting fake profiles and 11% losing money, new research warns.
Nighttime small office cyberattack screens red warnings global scope

AI-driven ransomware attacks surge, most go unreported

Fri, 13th Feb 2026
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firewalls
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data protection
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ransomware
AI-fuelled ransomware hit record levels in 2025, with BlackFog warning that around 86% of attacks worldwide are never publicly disclosed.
Australian man lit by laptop catfishing pixel woman stealing wallet

AI-fuelled romance scams surge with deepfake deception

Fri, 13th Feb 2026
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phishing
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physical security
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email security
AI-driven romance scams using deepfakes and chatbots surge, tricking Australians into long-term emotional manipulation and costly frauds.
Moody phone reflection identity theft caricature upload privacy risk

ChatGPT caricature trend raises fresh ID fraud fears

Fri, 13th Feb 2026
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data protection
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surveillance
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biometrics
Daon warns viral ChatGPT caricature craze is handing fraudsters a richer dossier of personal data to fuel scams and social engineering.
Laptop under binary shield blocking hackers and malware icons

NordVPN taps CrowdStrike intel to bolster consumer security

Fri, 13th Feb 2026
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malware
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firewalls
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data protection
NordVPN will use CrowdStrike threat intelligence to power its Threat Protection Pro tool, bringing enterprise-grade data to consumer security.
Moody london flat middle aged man romance scam laptop wallet rose

Romance scam losses exceed £106m as Valentine's Day approaches

Thu, 12th Feb 2026
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fintech
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physical security
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risk & compliance
UK romance scam losses top GBP £106m as organised fraudsters exploit Valentine's surge, with average victims losing more than GBP £11,000.
Moody datacenter night glowing shield cyber espionage ai theft

Google warns of AI model theft & state-backed misuse

Thu, 12th Feb 2026
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malware
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surveillance
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cloud security
Google flags surging attempts to steal AI models as state-backed hackers weaponise Gemini for phishing, intel gathering and malware support.
Valentines romance scam smartphone chat warnings dark moody scene

Experts warn of rising Valentine's Day cyber scams

Thu, 12th Feb 2026
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mfa
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phishing
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physical security
Cyber experts warn Valentine's Day brings a surge in romance and shopping scams, urging users to be wary of links, apps and payment requests.
Moody windows server room red rack cracked email lock binary

SmarterMail flaw exploited in China-linked ransomware push

Thu, 12th Feb 2026
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firewalls
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vpns
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ransomware
China-linked Warlock ransomware group exploits SmarterMail flaw for admin takeovers, chaining features to gain full Windows control.
Stealthy cloud server room data theft ghostly silhouette cable

Hackers ditch noisy ransomware for stealthy data theft

Thu, 12th Feb 2026
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firewalls
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data protection
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dr
Hackers are abandoning noisy ransomware to quietly steal data, as a report finds 80% of top attack techniques now focus on evasion.
Computer user multiple browser windows fake websites security risk

Study finds 28,000 fake domains mimic top websites

Wed, 11th Feb 2026
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malware
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phishing
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advanced persistent threat protection
Study finds over 28,000 fake domains mimicking top global sites, exposing users to rising phishing, malware and industrial-scale squatting.
Moody person at computer ai romance scams shadowy faces

AI turns romance scams into industrial-scale fraud

Wed, 11th Feb 2026
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phishing
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physical security
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email security
AI is turning romance scams into industrial-scale fraud, with deepfakes and chatbots driving billions in losses, Tenable warns.