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Threat Intelligence & APT The Record 1 month ago

Treasury urges banks to file cyber scam reports, noting nearly $13 billion in losses since 2023

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CyberNew Threat Research Desk
• Original Reporting: The Record
CyberNew Threat Intel Assessment
Assessed Severity: CRITICAL
Impacted Surface
Enterprise Perimeter & Network Defense
Intelligence Sector
Threat Intelligence & APT

Analyst Takeaway

"Treasury urges banks to file cyber scam reports, noting nearly $13 billion in losses since 2023 The federal government wants financial institutions to be more vigilant in spotting and reporting schemes perpetrated by overseas scam centers. The Treasury Department’s Financial Crimes Enforcement Network (FinCEN) released an alert to the financial industry alongside a comprehensive study of more..."

Recommended Defense & Mitigation

  • Emergency Patching: Prioritize vendor patches and CVE mitigation across internet-facing assets immediately.
  • Perimeter Audit: Inspect perimeter firewall logs and hunt for unauthorized RCE indicators.
Curated & Verified by CyberNew Threat Intelligence Desk Standard Defense Framework (NIST / MITRE ATT&CK)
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Treasury urges banks to file cyber scam reports, noting nearly $13 billion in losses since 2023

The federal government wants financial institutions to be more vigilant in spotting and reporting schemes perpetrated by overseas scam centers. 

The Treasury Department’s Financial Crimes Enforcement Network (FinCEN) released an alert to the financial industry alongside a comprehensive study of more than 33,000 cyber fraud incident reports filed between September 2023 and December 2025. 

The report said about $12.7 billion was stolen from Americans in cryptocurrency investment scams from victims in all 50 states and U.S. territories. 

Source Verification & Original Intelligence

This threat report was reviewed by CyberNew analysts and cross-referenced with primary security disclosures from The Record.

Primary Advisory →