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LATEST SECURITY NEWS HEADLINES
NEWS & INDUSTRY UPDATES
Google announces new protections and tools designed to help users secure their account [Read More]
Hong Kong flag carrier Cathay Pacific said Wednesday it had suffered a major data leak affecting up to 9.4 million passengers [Read More]
The Magecart hackers have now turned to vulnerable Magento extensions [Read More]
Google says it recently blocked a new ad fraud scheme spread across a large number of applications and websites and monetizing with numerous ad platforms [Read More]
A former Equifax manager who was put in charge of creating the equifaxsecurity2017.com website following the massive breach at the credit reporting agency has been sentenced to 8 months of home confinement for insider trading [Read More]
Many of North Korea’s financially motivated attacks, including some previously attributed to Lazarus, have been linked by FireEye to a group named APT38 [Read More]
North Korea’s nuclear and missile tests have stopped, but its hacking operations to gather intelligence and raise funds for the sanction-strapped government in Pyongyang may be gathering steam [Read More]
A 22-year-old man from Massachusetts has been sentenced to one year and one day in prison for his role in an ATM jackpotting scheme [Read More]
Forter, a company that specializes in preventing e-commerce fraud, raises $50 million in series D funding round [Read More]
US-based online fashion retailer SHEIN informed customers recently that hackers stole their personal information. Over 6.4 million customers affected [Read More]
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FEATURES, INSIGHTS // Fraud & Identity Theft
Even organizations with the most robust defense solutions and advanced automated technologies cannot effectively combat threats such as BEC without the adequate support and nuanced expertise of humans.
While a credit freeze can protect against the opening of fraudulent credit accounts, it is not an inoculation against identity theft. What can be done to help protect identities and the attributes associated with them?
The attackers may be looking for the path of least resistance, but there is no shortcut to securing your platform.
In addition to basic credit monitoring, breached companies need to get ahead of the attacks and start providing security solutions that actually protect the victims before they are victimized again.
While effective at curbing “petty crimes” such as credit skimming / cloning, EMV does not address more sophisticated cyber-attacks that target backend systems which contain card holders’ most sensitive information.
Many fraudulent accounts are mere satire or innocuous trolling, but others are created with far more devious intentions.
Social engineering attacks can happen at any time. Here are some strategies you can use to help reduce the chances of a successful social engineering/phishing attack you or your organization.
They always say in the investment world that cash is king. We are now seeing that in terms of cyber as well. Stealing cash, it’s even better than stealing money.
When it comes to cybercrime, the police really can’t and aren’t going to protect residents of your town. The same goes for all towns and cities. Unless you’re talking a high six-figure theft, it's unlikely an officer will be assigned to your case.
The holiday season is a time of giving. But savvy security and technology professionals such as yourselves know, both during the holidays and year-round, that not all giving is good.
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SecurityWeek Daily Briefing
- Backdoor Targeting Malaysian Government a "Mash-up" of Malware
- Serious Flaws Found in ABB Safety PLC Gateways
- Untangle Partners With Malwarebytes to Bring Layered Security to SMBs
- Oath Paid Out $5 Million in Bug Bounties in 2018
- Data Protection Firm Egress Raises $40 Million
- WordPress Patches Privilege Escalation Vulnerabilities
- OT Incident Response: Is it Mission Impossible?
- Testing Security Products: Third-Party Standards vs. In-House Testing
- Czech Warning Over Huawei, ZTE Security 'Threat'
- Twitter Warns of Possible State-Sponsored Attack
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