Blockchain & Cryptocurrency , Cryptocurrency Fraud , Fraud Management & Cybercrime Also: Fraud Convictions for Profit Connect and Block Bits Capital Rashmi Ramesh (rashmiramesh_) • August 27, 2026 Every week, ISMG rounds up cybersecurity incidents in digital assets. This week, hackers stole $8.5M from Term Finance, BounceBit to shutter blockchain after hack, Profit...Read More
Multiple US agencies and departments were breached by Chinese state-sponsored hackers The hackers use a massive botnet of compromised IoT devices to obscure the origin of their traffic The hackers breached computers belonging to NASA, the Federal Reserve, the Senate, the Department of Justice, and more As part of a disclosure into the Justice Department...Read More
The Warning Behind the Letter Major technology and security companies, including Microsoft, OpenAI, and AMD, united on August 27, 2026, to highlight the urgent need for better defenses against AI-driven cyberattacks. The coalition’s letter, signed by 116 organizations, stressed the critical timeline for action. The group emphasized the importance of upgrading security systems and using...Read More
Two young Australian men have been arrested and charged over alleged links to TeamPCP, the hacking group behind a wave of software supply chain attacks that caused havoc in the open-source coding community throughout 2026. The men, both from Western Australia, were charged following a joint investigation between the Australian Federal Police and the Western...Read More
The FBI and the Department of Justice Aug. 26 announced the disruption of a China-linked hacking group known as QTFY. The group, which also identifies as QT and QTCYBER, has targeted hospitals and health systems, as well as government services and facilities, communications, energy, information technology, and water and wastewater systems. The agencies said QTFY,...Read More
While Suisun City is still working through recovery operations following a recent cybersecurity incident, the city announced Thursday that it is extending the upcoming deadline until Wednesday for water service disconnections. Water disconnect notices mailed last week established Aug. 25 as the payment deadline, with water shut-offs originally scheduled to begin the next day. The...Read More
A sophisticated ransomware attack on three UK airports has reportedly resulted in a potential data breach affecting more than 8.7 million pieces of customer information. The incident has raised fresh concerns about cybersecurity across the UK’s critical transportation infrastructure, particularly as airports hold large volumes of sensitive passenger and visitor data. Manchester Airports Group (MAG),...Read More
Manchester Airports Group (MAG) confirmed on Thursday, August 27, 2026, that a cyberattack by an “unauthorised third party” exposed customer data tied to Manchester Airport, London Stansted Airport and East Midlands Airport, affecting approximately 8.7 million customers. The company says flight operations and passenger safety were never disrupted, and that no bank or payment card...Read More
We are frequently told by cyber security marketers that we are in the midst of an AI-powered revolution for cybercrime. The short version of these claims is that AI will significantly lower the barrier of entry for would-be cybercriminals, allow them to create autonomous variants of ransomware that will allow them to overwhelm defenders at...Read More
