Tech giant IBM plans to acquire early-stage attack surface management startup Randori in a deal that signals a major expansion of Big Blue’s cybersecurity ambitions. [Read More]
Ten Eleven Ventures has joined a growing list of cybersecurity-focused venture capital firms raising new funds to invest in startups solving information security problems. [Read More]
Cybercriminals operating the Clipminer botnet have made at least $1.7 million in illicit gains to date, according to estimates from Symantec researchers. [Read More]
Devo Technology, a late-stage startup building technology for data logging and security analytics, has closed a new $100 million funding round that pushes its valuation in the $2 billion range. [Read More]
Interpol has announced the arrest of three Nigerians accused of using the Agent Tesla malware to redirect financial transactions and steal data. [Read More]
Bug hunters at Microsoft are calling attention to several high-severity vulnerabilities in a mobile framework used by carriers in pre-installed Android System apps. [Read More]
SYN Ventures has closed a new $300 million fund and announced the addition of serial entrepreneur Ryan Permeh as full-time operating partner. [Read More]
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?
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.