In this episode of the Microsoft Threat Intelligence Podcast, host⁠ ⁠⁠Sherrod DeGrippo sits down with Aurora Johnson of SpyCloud and Amitai Cohen of Wiz ahead of SleuthCon to explore two rapidly changing corners of the cybercrime landscape.

Aurora breaks down the highly organized Chinese-language smishing ecosystem, revealing how phishing operations, fraud networks, and cash-out schemes work together like a mature business.

Amitai examines the growing threat to software supply chains, explaining how groups like Team PCP are exploiting CI/CD pipelines, open-source dependencies, and AI-assisted malware development.

Together, they discuss the industrialization of cybercrime, the role of automation and AI, and why defenders must rethink how they secure today's interconnected digital ecosystem.

In this episode you’ll learn: