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Online fraud stories
AI-fuelled crime drives illicit funds to $4.4 trillion
Last week
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fintech
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phishing
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email security
AI-fuelled scams help push illicit finance to an estimated USD $4.4 trillion in 2025, with fraud losses hitting USD $579.4 billion.
OpenOrigins app aims to prove photos real amid deepfakes
Last week
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physical security
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genai
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ai
OpenOrigins launches a free app that cryptographically proves photos and videos are real at capture, tackling deepfake-driven distrust online.
AI scams 2.0 leave UK small businesses more exposed
Last week
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malware
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data protection
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digital transformation
AI-powered deepfakes and targeted malware ads are fuelling a new wave of scams, leaving UK small firms dangerously exposed online.
AI deepfakes trigger 'Great Trust Recession' online
Last week
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data protection
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surveillance
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fintech
Almost half of people now distrust nearly everything they see online as AI deepfakes trigger a 'Great Trust Recession', new research shows.
UK fraud overhaul plans GBP £30m Online Crime Centre
Last week
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fintech
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phishing
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email security
UK unveils expanded fraud strategy, pledging GBP £250m and a GBP £30m Online Crime Centre to target fast-moving online and overseas scams.
Bitdefender unmasks global Meta investment scam ads
Last week
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phishing
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martech
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physical security
Bitdefender exposes 26,000 Meta ads in 25 countries pushing fake investment schemes, impersonating banks, media and public figures.
Seven influencers sentenced over illegal FX promos
Last week
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risk & compliance
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marketing
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instagram
Seven influencers with 4.5m Instagram followers were sentenced for pushing an illegal FX scheme in a case the FCA says should warn others.
Tycoon 2FA phishing service disrupted in major sting
This month
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ransomware
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mfa
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crypto
Police and tech firms have dismantled Tycoon 2FA, a phishing service used to bypass MFA and hijack cloud accounts at industrial scale.
Meta removes nearly 6m scam ads after DSA reports
This month
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martech
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facebook
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instagram
Meta took down nearly 6m scam ads in 2025 after alerts from Lithuanian watchdog Debunk.org under the EU's Digital Services Act system.
Israel-Iran conflict exploited in fresh email scam wave
This month
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phishing
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physical security
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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.
Microsoft & Europol disrupt global Tycoon 2FA scam
This month
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ransomware
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mfa
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crypto
Microsoft and Europol have seized over 300 domains to disrupt Tycoon 2FA, a vast phishing-for-hire service bypassing MFA worldwide.
Bybit says 2025 security drive saved USD $300m from scams
This month
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crypto
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fintech
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phishing
Bybit says its 2025 Dynamic Risk-Based Protection System stopped scams from draining over USD $300m in suspicious crypto withdrawals.
Tycoon 2FA phishing service disrupted in EU crackdown
This month
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ransomware
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manufacturing
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mfa
European authorities and tech firms have disrupted Tycoon 2FA, a major phishing service used to bypass MFA and hijack cloud accounts.
Women bear heavier toll from financial fraud in UK
This month
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phishing
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email security
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payment technologies
Women hit by UK fraud report deeper anxiety and money woes than men, with younger women facing the harshest ongoing fallout.
OpenID Foundation urges standards for digital estates
This month
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storage
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data protection
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crypto
OpenID Foundation warns that fragmented rules for managing digital estates after death demand global standards before AI deepfakes escalate risks.
Account Takeover (ATO) fraud: The hidden threat to your business and how to stop it
This month
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malware
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data protection
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surveillance
Silent account takeover fraud is draining billions as criminals hijack real identities; here's how businesses can finally fight back.
Video game cheat economy grows into USD $8.5bn giant
Last month
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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.
Phishing gangs weaponise .arpa DNS to evade defences
Last month
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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.
Credas urges UK drive to educate buyers on digital ID
Last month
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data protection
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digital transformation
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crypto
Credas urges a UK-wide push to teach homebuyers about safer digital ID, warning email and WhatsApp use leaves them open to fraud.
Ransomware attacks dip but NCC warns threat evolving
Last month
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data protection
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ransomware
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iot security
Global ransomware attacks fell 17% in January, but NCC warns evolving tactics, AI and messaging apps mean risk is not receding.