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NEWS & INDUSTRY UPDATES
Fast food giant McDonald's on Friday said hackers breached their servers and accessed data from customers in Taiwan and South Korea. [Read More]
Federal police broke Canada's privacy laws by using a US company's controversial facial recognition software in hundreds of searches. [Read More]
Gaming giant EA has confirmed that hackers gained access to some of its systems and stole source code, but claimed that no user data was compromised. [Read More]
Italy has created a national cybersecurity agency following warnings by Prime Minister Mario Draghi that Europe needed to protect itself from Russian "interference." [Read More]
The portal was used for the illicit trading of usernames and passwords for online banking and payment accounts, mobile phone accounts, and accounts at online retailers or other services. [Read More]
CrowdStrike warns that SonicWall patches released in 2019 do not properly address a vulnerability in the company’s Secure Remote Access (SRA) devices. [Read More]
JBS SA, the world’s largest meat processing company, says it paid the equivalent of $11 million to hackers who broken into its computer system late last month. [Read More]
The latest wave of ransomware attacks hitting the United States and globally portends a difficult battle against hackers, even as government and the private sector ramp up defenses. [Read More]
Microsoft warns that attackers are simultaneously deploying TensorFlow pods on multiple Kubernetes clusters to mine cryptocurrency. [Read More]
The new Amazon Sidewalk mesh network links tens of millions of Amazon smart devices, each sharing a tiny sliver of their bandwidth to provide a wide network of connectivity even when and where WiFi service is poor or unavailable. What are the privacy and security implications? [Read More]
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FEATURES, INSIGHTS // Cybercrime
Fraudsters will determine who to target within the industry based on each service’s fraud prevention policies and maturity, rather than generally targeting the industry.
Taking down dark web sites may cause headache for both the bad guys and the good guys, but it can also have a profound positive effect on the fight against cybercrime.
Josh Goldfarb debunks the most common myths surrounding fraud, security and user experience.
Each side of the public-private collaboration has resources and capabilities that shore up the other and increase effectiveness in combatting cybercrime.
The ransomware threat could still become more pervasive over the next two to three years, not because ransomware is effective in and of itself but because of other players in the game continue to fan the flames.
Over the coming weeks, we must be vigilant as there will be a glut of activity and misinformation from cybercriminals wanting to disrupt the COVID-19 vaccine rollout.
Josh Goldfarb discusses what enterprises can do to mitigate risk and limit losses account takeover (ATO) fraud, account opening (AO) fraud, and payment fraud.
Proposed Distributed Account Information Certification (DAIC) enables organizations to quickly and securely validate the bank account information of companies before they send payments
By implementing controls to prevent fraud and implementing fraud monitoring capabilities, state agencies can greatly reduce the amount of unemployment fraud that happens under their auspices.
For any fraud detection solution to be practical, it must be easily integrated into security and fraud operations.
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- Apple Reaffirms Privacy Stance Amid Trump Probe Revelations
- Volkswagen America Discloses Data Breach Impacting 3.3 Million
- Wray: FBI Frowns on Ransomware Payments Despite Recent Trend
- Recorded Future Unveils $20M Threat-Intel Investment Fund
- COO of Security Company Charged for Cyberattack on Medical Center
- RSA Spins Out Fraud and Risk Intelligence Unit as Standalone Company Outseer
- McDonald's Says Hackers Breached Data in Taiwan, South Korea
- GitHub Discloses Details of Easy-to-Exploit Linux Vulnerability
- Canada Privacy Watchdog Slams Police Use of Facial Recognition Tool
- Alibaba's Lazada Launches Public Bug Bounty Program
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