"These incidents involve the intentional use of deceptive or illegal practices to fraudulently obtain money, assets, or information from individuals or institutions, and include actions carried out over cyber channels."
Last month, I sat across from one of the brightest people I know as he explained how he'd lost nearly everything to a sophisticated scam. This wasn't some naive teenager or technophobe. This was my friend from university days, a retired executive who'd navigated corporate politics for decades and made shrewd investment decisions his whole life. Watching him piece together how it happened was like watching someone solve a puzzle in reverse.
The links are sent to people seeking a range of services, including those offering insurance quotes, job listings, and referrals for pet sitters and tutors. To eliminate the hassle of collecting usernames and passwords-and for users to create and enter them-many such services instead require users to provide a cell phone number when signing up for an account. The services then send authentication links or passcodes by SMS when the users want to log in.
The email seen by at least some customers of the Emma email platform was a phishing scam. Hackers hoped to inspire instant panic with the words, 'As part of our commitment to supporting U.S. Immigration and Customs Enforcement (ICE), we will be adding a Support ICE donation button to the footer of every email sent through our platform.'
Tycoon 2FA, a Phishing-as-a-Service (PhaaS) platform, enabled thousands of cybercriminals to steal login credentials and session tokens. Even accounts secured with MFA could be compromised via a single email. The service had been active since at least 2023 and quickly grew to become one of the most widely used phishing platforms in the world.
"Mandiant is tracking a new, ongoing ShinyHunters-branded campaign using evolved vishing techniques to successfully compromise SSO credentials from victim organisations, and enrol threat actor controlled devices into victim MFA solutions," he told Computer Weekly via email. "This is an active and ongoing campaign. After gaining initial access, these actors pivot into SaaS environments to exfiltrate sensitive data. An actor that identifies as ShinyHunters has approached some of the victim organisations with an extortion demand.
Web browsers are among the top targets for today's cybercriminals, playing a role in nearly half of all security incidents, new research reveals. According to Palo Alto Networks' 2026 Global Incident Response report, an analysis of 750 major cyber incidents recorded last year across 50 countries found that, in total, 48% of cybercrime events involved browser activity. Individuals trying to connect to the web, including business employees, are exposed to cyberthreats on a daily basis.