As cybercrime costs climb into the trillions of dollars, @KaseyaCorp is expanding its cybersecurity offerings and AI capabilities to help managed service providers (MSPs) protect clients while managing costs. Miles Walker, channel development manager at Kaseya, said the sheer scale of cybercrime should be a wake-up call for MSPs, prompting more urgent conversations with customers about strengthening their security posture. “Cybercrime is now the third-largest economy,” Walker said during XChange NexGen, hosted by our parent company, @TheChannelCo, last week in Orlando, Fla. Zac Paulson, vice president of technology at @ABMnow1, said that projected growth was both alarming and a reminder of the industry’s responsibility. CJ Fairfield has the details:

Google has sued a Chinese cybercrime group called Outsider Enterprise, accusing it of using AI tools to help scammers target hundreds of thousands of people. According to Google, the group sent millions of fake text messages and created thousands of websites that mimicked trusted banks, stores, phone companies, and government agencies. These fake sites were designed to steal passwords, credit card details, and other personal information. Google says Outsider Enterprise sold a phishing toolkit with ready-made scam templates and instructions on how to use AI tools to create convincing fake websites, making it easier for criminals with little technical knowledge to launch attacks.

🇺🇸 UPDATE: President Trump never mentioned “crypto” at the White House cybercrime roundtable, instead referring to $1 billion frozen from foreign scammers as “cybercurrency.”

Since January 2026, three Chinese-language cybercrime services have enabled sending more than one billion malicious messages targeting over 75,000 organizations in more than 150 countries. Today, Microsoft and Health-ISAC, with support from organizations including TRM Labs, Resecurity, Cloudflare, Oracle, and Proofpoint, are dismantling all three. Read more about how the services worked and how the disruption came together 👉