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Co-presenter of the Srsly Risky Biz segment discussing the shift toward data-theft extortion.
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A presidential memo directs DHS to authorise vetted private firms to conduct cyber surveillance and cyber effects operations against foreign criminal groups. The boundaries matter more than the announcement.
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Treasury Secretary Scott Bessent told the House Financial Services Committee that frontier labs asking for a liability exemption should instead answer for what they build. The incidents behind that ask started with ordinary control failures.
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Krebs On Security watched the database grow by nearly 400,000 records in one day, matching Nexus's own claim of more than a year of continuous exfiltration from an identity verification company.
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The advisory puts Volt Typhoon inside communications, energy, transport and water IT environments across the US and Guam, and says the behaviour does not look like espionage. The planning problem is outage, not data loss.
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Daily NK reports Pyongyang's elite are stunned by the scheme and that Reconnaissance General Bureau officials fear the blame reaching them. Tom Uren expects tighter controls on hacking teams, not fewer operations.
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Documents reviewed by Reuters put Meta's projected 2024 scam and banned-goods ad revenue near $16 billion, while a February 2025 internal plan set aside $135 million in forgone revenue to curb suspicious advertisers.
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The memo tells DHS to vet and license firms for cyber surveillance and disruption against foreign crime groups. Contractors will be making state-grade attribution calls backed by a $1 million bond and little else.
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At Munich, EU and NATO officials asked for the power to strike back at Russia and China. The newsletter Seriously Risky Business points out that the sanctions and expulsions Europe already holds have gone unused, so defenders should plan on the current tempo holding.
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Bitdefender ties seven remote access tool families to a single Central Asia espionage actor and finds traces of AI-assisted development. Its own numbers show where clustering still held.
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A Chinese state-linked group let Claude Code do 80 to 90 percent of the hands-on work against roughly thirty organisations. The tradecraft was loud, and that was the point.
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A White House memo calls Chinese model distillation deliberate and industrial in scale, then answers it with information sharing, best practices and a demarche. The detection work stays with providers.
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Beijing's crackdown on Southeast Asian scam compounds is driven by domestic outrage, and one expert told Congress the effect so far has been syndicates pivoting to target Americans.
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Tom Uren and James Wilson say the cybercrime ecosystem is moving to data-theft extortion. For reputation-sensitive organisations, that puts the dominant loss outside recovery planning.
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