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

Cybercrime stories

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.
Ai romance scam dark room laptop shadows reaching for wallet heart

AI supercharges industrial-scale online romance scams

Today
#
cybercrime
AI-powered fraud rings industrialise online romance scams, fuelling USD $5.7 billion in losses and ushering in a ‘dark age’ for victims.
Australian cybersecurity control room ai threats safe internet

AI reshapes cyber threats as Safer Internet Day nears

Today
#
cybercrime
AI-driven agents and rising network attacks are reshaping cyber risks, experts warn, as Safer Internet Day 2026 urges ‘verified trust’ online.
Indian cybercrime control room kerala police evidence night scene

Kerala crackdown targets online child abuse networks

Yesterday
#
cybercrime
Kerala Police stage 660-plus raids in major P-Hunt drive against online child abuse, seizing 431 devices and making 26 arrests.
Gerry sillars

Australians urged to tighten online habits on & off duty

Yesterday
#
cybercrime
Australians are being warned to sharpen digital habits as AI‑driven phishing and social engineering outpace traditional cyber defences.
Malaysian students analyzing scam messages in campus lab safe online

CelcomDigi survey to tackle AI-driven scams at unis

Yesterday
#
cybercrime
CelcomDigi launches nationwide survey to learn how Malaysian uni students spot AI-driven scams and shape stronger online safety tools.
Cinematic aussie youth ai companion dating scam shadows night

Australians turn to AI for love as dating scams surge

Yesterday
#
cybercrime
Australians are turning to AI for romance and emotional support as dating app scams soar, with social engineering behind most threats.
Moody shadow figure ai biometric screens anti online fraud scene

Dark web ‘fraud superstore’ struggles with AI checks

Yesterday
#
cybercrime
Dark web ‘fraud superstores’ expand slick services but LexisNexis research finds AI liveness and deepfake checks still foil many scams.
Rockwell automation senior executives

Rockwell opens Singapore SOC to secure Asia Pacific OT

Yesterday
#
cybercrime
Rockwell opens a 24/7 Singapore security operations centre to monitor and defend industrial OT networks across the Asia Pacific region.
Moody user at desk surrounded by phishing login screens monitors

Record rise in digital squatting fuels phishing wave

2 days ago
#
cybercrime
Record digital squatting surge sees 6,200 disputes in 2025, as lookalike domains drive costly phishing, malware and payment fraud.
Us police digital forensics lab smartphone evidence cinematic

Smartphones now drive digital evidence in criminal cases

Last week
#
cybercrime
Smartphones now underpin criminal investigations worldwide, with 97% of cases drawing on mobile data as agencies race to keep pace.
Anish sinha

Upcover adds deepfake cover to cyber insurance in Australia

Last week
#
cybercrime
Upcover adds deepfake incident cover to cyber policies in Australia via Coalition, targeting rising AI impersonation and fraud risks.
Moody corporate office night remote access malware attack scene

Screensaver phishing installs remote access tools covertly

Last week
#
cybercrime
Attackers are abusing Windows screensaver files in a spearphishing campaign to stealthily install remote access tools on business systems.
Global network london singapore latam secure shield anti fraud

SEON unveils global partner initiative for AI fraud fight

Last week
#
cybercrime
SEON launches global partner programme to embed its AI-powered fraud and AML tools deeper into platforms as online scams surge worldwide.
Dr. ren%c3%a9e burton infoblox 1

Global router hijack campaign silently reroutes DNS

Last week
#
cybercrime
A global “shadow DNS” campaign is hijacking vulnerable Wi‑Fi routers, silently rerouting users’ web traffic towards scams and malware.
Glowing digital shield over world map asia pacific cybersecurity

Cybersecurity as a Service market to hit USD $83.96bn

Last week
#
cybercrime
Cybersecurity as a Service market forecast to soar from USD $17.60bn in 2024 to USD $83.96bn by 2034, driven by threats and skills gaps.
Moody smart home night wifi router dark web online fraud net

Global router hijack uses rogue DNS to monetise web

Last week
#
cybercrime
Hackers are hijacking ageing home routers worldwide, covertly rewiring DNS to quietly cash in on everyday web browsing traffic.
Fintech security ops room london singapore ai fraud prevention

SEON recognised for AI-led fraud detection leadership

Last week
#
cybercrime
SEON wins Frost & Sullivan’s 2025 Global Enabling Technology Leadership Award for AI-driven fraud and AML platform innovation.
Worried australian man answering phone ghostly double ai fraud

AI voice cloning scams cost Australians AUD $25.8m

Last week
#
cybercrime
AI voice cloning scams have already cost Australians AUD $25.8m in 2025, as experts warn lifelike fake calls are outpacing public awareness.
Hooded cybercriminal ai brain red attack lines singapore night

AI-driven cyber attacks surge in Check Point 2026 report

Last week
#
cybercrime
AI-fuelled cyber attacks surged 70% in 2025, with Check Point warning of machine-speed, multi-channel campaigns targeting key sectors.
Julian

Nations race to sovereign encryption in quantum age

Last week
#
cybercrime
As quantum computing looms, nations race to build sovereign cyber and post-quantum encryption to safeguard critical digital infrastructure.