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NEWS & INDUSTRY UPDATES

A wave of bomb threats emailed to hundreds of schools, businesses and government buildings across the U.S. triggered searches, evacuations and fear — but there were no signs of explosives, and authorities said the scare appeared to be a crude extortion attempt. [Read More]
A new class action lawsuit filed against Marriott following the massive data breach alleges that the hotel giant still exposes customer information. [Read More]
Attorneys General from 12 states announce that the first multistate HIPAA-related data breach lawsuit has been filed against Medical Informatics Engineering and NoMoreClipboard after they allowed hackers to steal the information of 3.9 million individuals. [Read More]
Law enforcement, cybersecurity companies, Google and other tech firms work together on dismantling sophisticated 3ve ad fraud scheme that earned its operators tens of millions of dollars [Read More]
Europol and ATM maker Diebold Nixdorf sign a memorandum of understanding for exchanging information and expertise on cyber threats [Read More]
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]

FEATURES, INSIGHTS // Fraud & Identity Theft

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Gant Redmon's picture
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.
Alan Wlasuk's picture
No more fertile ground for security breaches exists in the United States than our colleges and universities. A higher education student database is an identity thief’s dream come true.
Idan Aharoni's picture
Cooperation in the underground economy could enable a fraudster in Russia who masters the art of phishing to team up with another fraudster who already has the infrastructure of cashing out compromised online banking accounts of US banks.
Noa Bar-Yosef's picture
Companies are increasingly seeing the benefits of using social technologies both for internal and external purposes. What is the security impact of this trend? What should security teams think about?
Idan Aharoni's picture
To maximize profits, fraudsters need to do a lot of learning. They can either learn techniques of areas they haven't focused on yet, learn better techniques in the field they already specialize in, or learn new cover stories to improve the techniques they already use.
Idan Aharoni's picture
The worlds of counter terrorism and fraud prevention should increase their ties. Systems that are already implemented in one world may be applied to the other. Solution providers and policy makers from both worlds need to meet up and share ideas, thoughts and experience for the benefit of both.
Idan Aharoni's picture
A bank that will fail to give fraud departments the power to make the necessary changes to its internal processes, may end up in a situation where everyone knows how and why fraudsters are stealing money from their bank – yet nothing can be done to stop it.
Robert Vamosi's picture
Some newer POS systems in the US have built-in authentication systems designed to protect merchants against the addition of fraudulent PIN pads. Should PCI now require retail businesses to upgrade to newer and better technology?
Idan Aharoni's picture
Unlike real-world dumpster diving, "electronic dumpster diving" can enable cybercriminals to access all the documents currently held by the user, not just those that were thrown away.
Noa Bar-Yosef's picture
Second column in a series describing the hottest commodities found in underground markets. We continue to explore the trending “commodities” in these markets and how to protect from your data being exchanged in these markets.