In its latest quarterly fraud and payments report, Outseer notes a 58% increase in brand abuse - a trend that's only going to grow, says COO Jim Ducharme. He analyzes this and other fraud trends, including how to reduce fraud without compromising user experience.
Owners of Western Digital My Book Live devices have seen their data remotely wiped by attackers targeting a flaw first detailed in 2019. But WD stopped supporting these devices in 2015, which is a reminder that the best way to secure some types of internet of things devices may be to discard them.
An ongoing hacking campaign is targeting Italian online banking users by infecting their devices with the Gozi banking Trojan and then prompting them to download Cerberus malware to make money transfers, according to IBM Security Intelligence.
Layer 7 constitutes the front line in the battle against account takeover, API abuse and misuse, and injection-style attacks. Fastly's new partnership with Okta will integrate our web application and API protection platform with their identity and access management platform.
Does the West want to have its digital existence defined by adversaries, or is it ready to devote the time, resources, expertise and planning required to more fully take control of its evolving destiny? That's the techno-Darwinian call to arms issued by Jeremy Fleming, the director of Britain's GCHQ intelligence...
Ireland's privacy regulator has launched an investigation into Facebook after personal information for 533 million of the social network's users appeared for sale online. It will analyze whether Facebook violated the country's data protection law or the EU's General Data Protection Regulation.
Brokerage account takeover, supply chain attacks, destructive attacks and those that seek to manipulate time or time stamps are among the latest threats uncovered in the new Modern Bank Heists report authored by Tom Kellermann at VMware Carbon Black.
Visa's Payment Fraud Disruption team reports that cybercriminals are increasingly using web shells to establish command and control over a retailers' servers during payment card skimming attacks.
Loving your pet and creating tough-to-crack passwords should remain two distinctly separate activities. Unfortunately, Britain's National Cyber Security Center reports that more than 1 in 6 Brits admit to using the name of a pet as their password. And the problem is global.
When a breached organization such as Ubiquiti says it is "not currently aware of evidence" that attackers stole customer data, it too often means: "We don't know, because we failed to have in place the robust logging and monitoring capabilities that might have provided us all with real answers."
Banks and mobile network operators should collaborate to mitigate the risks of SIM swap fraud, which can lead to account takeovers, says Clare Messenger, global head of fraud protection at the U.K. telecom firm JT Group Ltd.
In financial services, there is a stark difference between defending against authorized versus unauthorized fraud incidents. James Hunt of Bottomline Technologies discusses the schemes and how to respond with a more dynamic prevention strategy.
The ongoing lockdown may be complicating the path of Cupid's arrows. But as another Valentine's Day rolls around, authorities are warning that romance scammers - and other types of fraudsters - are alive and well and have been increasingly preying on unsuspecting victims around the world.
SpyCloud has fresh research into account takeover trends and finds that attacks have recently spiked by 300%. Chip Witt explains the trends behind the stats and offers insight into what enterprises often are overlooking in their ATO prevention strategies.
Malwarebytes researchers have uncovered unusual payment card skimming code designed to harvest data that is already being stolen by other hackers on a website.
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