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NEWS & INDUSTRY UPDATES

Two Romanian nationals have been sentenced to 20 and 18 years in prison in the United States for their roles in a multi-million dollar online fraud operation. [Read More]
Facebook files lawsuit in California against a Chinese company for engaging in ad fraud on the social media platform. [Read More]
Authorities in the United States recently stopped the activities of more than 600 domestic money mules. [Read More]
The website of American gunmaker Smith & Wesson was hacked by a Magecart group that likely gained access after exploiting a known Magento vulnerability. [Read More]
At least 160 Church’s Chicken restaurants across 11 U.S. states are impacted by a data breach that involved unauthorized access to payment processing systems. [Read More]
Russian national Stanislav Vitaliyevich Lisov has been sentenced to 4 years in prison in the United States for using the Neverquest Trojan to steal money from bank accounts. [Read More]
Macy’s informs customers that the checkout and wallet pages on its official website hosted a payment card skimmer between October 7 and October 15. [Read More]
Two Massachusetts men were arrested and charged this week for employing SIM swapping in attacks aimed at stealing cryptocurrency from their victims’ accounts. [Read More]
Venafi has uncovered over 100,000 fake domains with valid TLS certificates that mimic the domains of 20 major retailers in the US, UK, Australia, Germany and France. [Read More]
Retailers are spending their budgets on improving their e-commerce platforms to receive money while neglecting to invest adequately in security. [Read More]

FEATURES, INSIGHTS // Fraud & Identity Theft

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Laurence Pitt's picture
Although robocalls are a pain for many of us, action is being taken to bring the problem under control.
Alastair Paterson's picture
Organizations may not be able to mitigate BEC scams entirely; however, tightening up processes will ensure data exposure is kept to a minimum.
Josh Lefkowitz's picture
The abundance of compromised card data and other assets available online continues to hinder the fight against card-not-present (CNP) fraud.
Josh Lefkowitz's picture
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.
Travis Greene's picture
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?
Ting-Fang Yen's picture
The attackers may be looking for the path of least resistance, but there is no shortcut to securing your platform.
Lance Cottrell's picture
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.
Torsten George's picture
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.
James Foster's picture
Many fraudulent accounts are mere satire or innocuous trolling, but others are created with far more devious intentions.
Jon-Louis Heimerl's picture
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.