Hackers employed homograph attacks and Office 365 email addresses in a coordinated BEC scam to steal over $15 million from over 150 businesses.
Cyber Security
Cyber criminals, state-sponsored hackers and even the occasional disgruntled employee are constantly looking to gain unauthorized access for a variety of purposes: theft of money, cyber espionage, personal information for sale or for use in scams, and damage to critical infrastructure for just a few of the most common.
So how does an organization mitigate an entire world full of continual cyber attacks? Just as buildings have a number of necessary elements of physical security: access control, cameras, alarms and so on; there are similar key elements of cyber security that are absolutely vital for just about any modern business.
It starts with identifying and closing the most common doors that attackers use. For example, phishing attacks on employees are far and away the most common initial point of entry. The breach of even a low-level employee account can quickly turn into an escalation in access privileges and the ability to reach sensitive information. This is also true of smart devices, which are generally more poorly secured than computers and phones.
Attackers can commit payment fraud using a locked iPhone with Apple Pay Transit Mode set with a Visa card. Both companies evaded responsibility for the vulnerability.
Free VPN app SuperVPN data leak exposed over 360 million records that could identify users. The app has over 100 million downloads on Google Play and Apple's App Store.
The advertising industry was very unhappy with the tweaks made to ad tracking systems in iOS 14 leading to a coalition of publishers and advertisers in France to initiate an antitrust complaint.
The French Cybercrime Brigade (BL2C) has conducted numerous raids across the territory, detaining four alleged high-profile members of the BreachForums hacking forum.
A massive data breach has exposed a trove of personal information after a threat actor compromised a French hospital’s electronic...
French luxury giant Chanel has experienced a third-party data breach stemming from the ongoing Salesforce voice phishing campaign by ShinyHunters, affecting over a dozen companies.
French luxury giant Dior suffered a cyber attack that resulted in a data breach in numerous countries after unauthorized individuals accessed its information systems.
Cyber risk has become a barometer for corporate resilience and trust. As the landscape accelerates, boards are expanding how they engage with performance, talent, and technical insight to keep pace with rising expectations. In today’s environment, traditional rhythms are giving way to more dynamic approaches that reflect the speed of change.
For fraud and AML leaders, the solution isn’t choosing between technology and people, but rather empowering teams with the right technology. AI agents are the key to this transformation with the ability to supercharge fraud and AML teams across end-to-end workflows with human-in-the-loop control.









