Security Experts:
LATEST SECURITY NEWS HEADLINES
NEWS & INDUSTRY UPDATES
The FBI shut down a Russian-based online platform where various cybercrime products and services were being sold. [Read More]
San Francisco, Calif-based Arkose Labs has raised $22 million in a Series B funding round led by the Microsoft venture fund, M12. [Read More]
Four major wireless U.S. carriers are developing a new single sign-on variant they believe will finally do away with passwords. [Read More]
It may look like an email from a supervisor with an attachment on the new "work from home policy." But it could be a cleverly designed scheme to hack into your network. [Read More]
Twenty-four individuals were arrested for laundering funds illegally obtained via business email compromise (BEC), romance, and retirement account scams targeting victims across the United States. [Read More]
European authorities managed to crack down on two cybercrime gangs responsible for stealing millions by employing SIM hijacking. [Read More]
Facebook has sued domain registrar Namecheap over its refusal to provide information on tens of domains that impersonated the social media company. [Read More]
What started as almost casual research in November 2019 and disclosed to various vendors as a vulnerability, was abruptly reclassified and treated as a zero-day vulnerability on February 13, 2020. [Read More]
Mobile payment fraud is growing, and is growing faster in the mobile ecosystem than anywhere else. [Read More]
A group of researchers at Ruhr-Universität Bochum and NYU Abu Dhabi have discovered a new attack on 4G and 5G mobile networks that can be used to impersonate users. [Read More]
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FEATURES, INSIGHTS // Fraud & Identity Theft
Although robocalls are a pain for many of us, action is being taken to bring the problem under control.
Organizations may not be able to mitigate BEC scams entirely; however, tightening up processes will ensure data exposure is kept to a minimum.
The abundance of compromised card data and other assets available online continues to hinder the fight against card-not-present (CNP) fraud.
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.
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