In a bid to reduce rising impersonation and identity theft cases, the Monetary Authority of Singapore is proposing to require the use of enhanced identify verification during mobile and online banking transactions.
Payments companies must secure their APIs and enhance their authentication standards in line with The Reserve Bank of India's guidelines to make QR codes interoperable and boost the electronic payments ecosystem.
Researchers have uncovered a fresh phishing campaign that mimics the automated messages of the popular business communication platform Microsoft Teams in an attempt to harvest users' Office 365 login credentials.
The Bad Bot Report investigates the daily attacks that sneak past sensors and wreak havoc on websites. Such activities include web scraping, competitive data mining, personal and financial data harvesting, brute-force login, digital ad fraud, spam, transaction fraud, and more.
In the 2020 Bad Bot Report you'll...
The latest edition of the ISMG Security Report analyzes why clothing retailer H&M was hit with a hefty fine for violating the EU's General Data Protection Rule. Also featured: The coming of age of digital identities; deputy CSO at Mastercard on top priorities for 2021.
Australian police say they've broken up a sophisticated SMS phishing scheme designed to collect personal details and bank login credentials. It's a rare success in the fight against unsolicited text messages.
Empire is the latest darknet market to "exit scam," meaning administrators ran away with users' cryptocurrency, leaving the market to fail. Given the ongoing risk of exit scams, as well as police often targeting such markets, why do they persist?
Evilnum, a hacking group that targets fintech firms mainly in the U.K. and Europe, is deploying a new remote access Trojan, according to Cybereason. The group is targeting "know your customer" procedures to start these attacks.
Blackbaud is one of a growing number of organizations that say they paid ransomware attackers primarily for their promise to delete exfiltrated data. A class action lawsuit filed against the software vendor in the wake of its breach notification questions whether attackers' promises have any merit.