Microsoft says it has seized control of 65 domains that the ZLoader gang has been using to grow, control and communicate with its botnet. ZLoader, a descendant of the ubiquitous Zeus banking malware, is run by a global, internet-based, organized crime gang operating malware as a service.
As organizations are adapting to rapid increases in digital transformation and the use of cryptocurrency, which has revolutionized how payments, investments, and banking are done, this means fraudsters are even more hard at work to exploit weaknesses.
The cryptocurrency landscape operates under increased risk of...
Download this whitepaper to dive into how organizations can build next-generation fraud defences using layers of defense to detect application fraud.
Read on topics including:
How to leverage intelligence across multiple channels;
Analysis on behavioural biometrics and their uses;
High risk patterns of...
Many organizations face an upward battle when detecting and preventing fraud.
Download the whitepaper to find out the top 10 trends to watch in the year ahead.
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How the effects of the pandemic propagate new fraudulent scenarios
What attributed to the staggering $5.4 trillion global cost of...
A yearlong joint operation by law enforcement agencies across several countries led to the shuttering of darknet marketplace RaidForums and the seizure of three domains hosting the website. Its 21-year-old alleged founder and two unidentified co-conspirators have also been arrested.
In the latest "Proof of Concept," Lisa Sotto, partner and chair of the global privacy and cybersecurity practice at Hunton Andrews Kurth LLP and David Pollino, former CISO at PNC Bank, join Information Security Media Group editors to discuss U.S. regulatory trends and supply chain risk management.
Every customer expects highly personalized onboarding interactions featuring tailored touchpoints, minimal friction and accelerated approvals. How can an elegant onboarding experience help add more accounts and reduce customer abandonment? This infographic from LexisNexis® Risk Solutions provides tips on how to:...
Many organizations face an upward battle when detecting and preventing fraud. Consumers continue to rapidly migrate to digital channels and while organizations are also moving towards digitizing products and services to increase profit, it all comes at a price. Where transactions occur, fraudsters follow, seeking out...
Findings from the latest LexisNexis® Risk Solutions Cybercrime Report revealed that between July-December 2021, the mobile share of transactions in the LexisNexis® Digital Identity Network® reached 75% for the first time, as app-based transactions become the predominant means by which consumers transact globally. ...
With the rapidly changing threat landscape, protecting your enterprise from breaches and account takeover fraud has never been a bigger challenge. Fraud teams have the challenges of understanding customer identities and human behaviors regardless of how many devices and accounts they use.
In the latest weekly update, editors at Information Security Media Group discuss important cybersecurity issues, including the White House warning about escalated cyberthreats from Russia, the impact of the Russia-Ukraine war on the healthcare sector and why combating SIM swap fraud remains challenging.
Police in London say they've arrested seven people that the BBC reports are tied to the Lapsus$ hacking group, which has claimed responsibility for data breaches involving Okta, Microsoft, Nvidia, Ubisoft and more. The names of the suspects, who are mostly teenagers, have not been released.
The U.S. Department of Justice has indicted a 23-year-old Russian national for operating a cybercriminal marketplace that sold thousands of stolen login credentials, PII and authentication tools, according to U.S. Attorney Brit Featherston of the Eastern District of Texas.
The FBI's Internet Crime Complaint Center recently came out with a report stating that people have lost millions of dollars to SIM swap fraud. How are banks and telecom industries across the globe coming together to fight the menace? A panel of experts share their views.