Karen Vardanyan has been sentenced to two years in federal prison and ordered to pay $1.2 million in restitution for his involvement in Ryuk ransomware attacks.
Malicious AI agents using open-source frameworks have been deployed to target hundreds of online retailers, stealing 600,000 credit card records.
The newly discovered x47.c botnet offers specialised denial of wallet attacks, using stolen API keys to drain paid credits from AI providers like OpenAI and xAI.
The cyber extortion group ShinyHunters claims it has compromised the FBI, alleging it holds sensitive data on nearly all FBI agents and job applicants.
Global ransomware activity surged in August 2026, with 1,073 organisations targeted. The industrial sector was the most affected, as threat actors pivot towards data theft.