The United Kingdom and many other countries are considering ways to make banks liable for authorized payment fraud and lift the burden from millions of victims of online scams. Trace Fooshee, strategic adviser at Aite-Novarica Group, shares his views on why this might not be such a great idea.
Cybercrime syndicate Robin Banks is back with a new cookie-stealing feature that cybercriminals can purchase as an add-on to the phishing kit in order to bypass multi-factor authentication in attacks and to attract more sophisticated, persistent actors set on compromising specific targets.
All employees should consider upholding the security of the organization part of their job regardless of their official role at the company, says Equifax Business Information Security Officer Michael Owens. But creating an organization-wide cybersecurity culture is easier said than done.
With fraudsters evolving their tactics and tricking a growing number of people with authorized payment scams, it's time for banks and security solution providers to explore new ways to protect consumers who are left holding the bag, says Ian Mitchell, managing partner at Omega FinCrime.
Since Zelle fraud has increased 109% in the United States, the banking industry is struggling to reduce authorized push payment scams. Ken Palla, former director at Union Bank, shares tips for combating fraudsters, including delays on large transactions, education and behavioral analytics.
The Abnormal Security team just launched a new threat intel site named Abnormal Intelligence. Crane Hassold shares resources available, including an attack library, semi-annual threat intel reports, a glossary and exclusive insights from the Abnormal team.
In this ebook with Information Security Media Group,...
Cybercriminals are out there, watching and waiting for the perfect opportunity. They are gathering information about your organization and users, devising the perfect plan to infiltrate your defenses.
But with a strategic approach to cyber defense you can hack the hacker before they strike! In this session, we'll...
Australian fruit and vegetable supplier Costa Group says it was subjected to a malicious and sophisticated phishing attack in August that resulted in unauthorized access to its servers. The company, listed on the Australian Securities Exchange, says that the attack occurred on Aug. 21.
Jamf plans to buy startup ZecOps to extend its ability to detect and respond to sophisticated threats across Mac, iOS and Android devices. Jamf's proposed acquisition will provide threat hunting tools to determine if any advanced attacks have compromised mobile devices.
Vista Equity Partners has joined Thoma Bravo in the take-private cybersecurity spree, offering to buy security awareness training behemoth KnowBe4 at a $4.22 billion valuation. KnowBe4 says it has received a nonbinding offer from Vista of $24 per share for the shares not currently owned by Vista.
Credential phishing attacks represent a huge threat to organizations as a well-crafted (or even somewhat realistic-looking) phishing email can trick an employee into providing login credentials.
In our threat report covering data from January-June 2022, Abnormal Security found a 48% increase in email attacks over...
The latest ISMG Security Report discusses a new phishing-as-a-service toolkit designed to bypass multifactor authentication, the decision by Lloyd's of London to exclude nation-state attacks from cyber insurance policies, and challenges at Okta after it acquired customer identity giant Auth0.
Preparedness is the best way to avoid having a cyberattack turn into a full breach. Organizations often realize after the breach the full impact on the organization and the systems as a whole. An effective incident response plan could better prepare your business continuity and put you in control.
This guide is...
In a recent survey of 5,400 IT professionals across 30 countries, 37% of them admitted that their organization had been a victim of a ransomware attack in the previous 12 months, with the average recovery bill coming in at an eye-watering $1.85M.
But the main question that we all are still asking is that do we...
Ransomware continues to be one of the top cyber threats facing organizations, with 37% admitting having been victimized in the last 12 months. It is critical, therefore, that you have advanced protection technologies in place to keep your organization secure.
This checklist identifies items to stop attacks from...