Ramp reaches a $60 billion valuation as payments firms accelerate crypto‑linked and asset‑backed offerings

The payment‑technology sector posted a series of high‑profile moves this week. Ramp, a spend‑management platform, announced a new $60 billion valuation, underscoring the premium investors are placing on integrated expense‑control tools for enterprises. At the same time, Mastercard is…

Continue reading Ramp reaches a $60 billion valuation as payments firms accelerate crypto‑linked and asset‑backed offerings

Identity‑led intrusions and phishing kits fuel surge in identity‑theft crimes, authorities urge rapid response

Key developments: Recent analysis by ReliaQuest shows attackers are increasingly leveraging compromised identities—using phone calls, Microsoft Teams messages, and cloud‑account takeover—to bypass password resets and maintain access, with domain account abuse accounting for 29.6% of incidents. At the…

Continue reading Identity‑led intrusions and phishing kits fuel surge in identity‑theft crimes, authorities urge rapid response

Identity theft spikes to $47 billion in losses as attackers shift to identity‑led intrusions and massive phishing kits

Key developments: A new ReliaQuest analysis shows that identity‑led intrusions – where attackers hijack legitimate user accounts – have become the dominant attack vector, with phone‑based social engineering and compromised cloud accounts used to maintain long‑term access. At…

Continue reading Identity theft spikes to $47 billion in losses as attackers shift to identity‑led intrusions and massive phishing kits

Text‑Message Scams Hit Record $15.9 Billion in Losses as AI‑Driven Schemes Surge

Recent FTC testimony revealed that text messages are now the leading way fraudsters reach Americans, accounting for the highest number of fraud reports in 2025 and a record $15.9 billion in total losses. The problem is growing fast—2024 saw…

Continue reading Text‑Message Scams Hit Record $15.9 Billion in Losses as AI‑Driven Schemes Surge

Surge in India’s Digital Fraud Landscape Highlights Sophisticated Scams and Growing Enforcement

Key developments: – Law‑enforcement agencies have seized a massive network of malicious Android apps, with 2,805 fraudulent APKs aimed at impersonating government and financial services. The operation, linked to nearly ₹150 crore in losses, underscores how ransomware‑style malware is…

Continue reading Surge in India’s Digital Fraud Landscape Highlights Sophisticated Scams and Growing Enforcement

Surge in State‑Backed Cyberwarfare Targets Infrastructure and Software Supply Chains

Recent weeks have seen an intensifying wave of cyber operations linked to nation‑states, highlighting how digital weapons are being used to strike both critical infrastructure and software ecosystems. U.S. law‑enforcement disclosed the seizure of hacking tools tied to…

Continue reading Surge in State‑Backed Cyberwarfare Targets Infrastructure and Software Supply Chains

Microsoft and Health‑ISAC Disrupt Global Cybercrime Marketplace Behind Over One Billion Scam Messages

Key developments: Microsoft, together with the nonprofit Health‑ISAC, has taken down three core services—YAM Store, CoGUI and Iron Man—that powered a trans‑national fraud ecosystem. The operation, active since early 2026, facilitated more than one billion malicious messages aimed at…

Continue reading Microsoft and Health‑ISAC Disrupt Global Cybercrime Marketplace Behind Over One Billion Scam Messages

Massive Data Breaches Sweep Health, Government and Tech Sectors in 2026

Key developments: A May‑2026 cyber‑incident at DentaQuest compromised the personal and health data of 15 million Americans, including Social Security numbers. In Europe, Denmark’s Central Register of Persons suffered an intrusion that exposed records of 8.8 million citizens after a…

Continue reading Massive Data Breaches Sweep Health, Government and Tech Sectors in 2026