As online fraud rises, 72% of retail brands expect to grow fraud teams
Retailers around the world are increasing their fraud teams and budgets because of a significant rise in all types of online fraud during the pandemic, a research by Ravelin …
account hijacking
3 in 4 companies have experienced account takeover attacks in the last year
The COVID-19 pandemic has accelerated cloud migration and digital transformation amongst 88% of companies and that 71% of Microsoft Office 365 deployments have suffered an …
People are often the collateral damage of attacks on corporations
Thanks to cyberattacks making regular headlines in the news, it’s no secret that massive data breaches are a significant threat to organizations. However, a report from …
OpenWrt discloses forum data breach
The OpenWrt project has revealed that an attacker has managed to access information about its online forum users over the weekend, by compromising the account of a forum …
Worldwide new account fraud declined 23.2% in 2020
New account fraud based on ID verification declined 23.2% worldwide YOY in 2020, compared to 2019 results, according to Jumio. At the same time, selfie-based fraud rates were …
Complex cyber attacks target online retailers
Peak levels of traffic will be seen throughout the holiday shopping season as a flood of consumers turn to online channels to purchase goods, Imperva reveals. A monthly …
In Q2 2020, there was an average of 419 new threats per minute
McAfee released a report examining cybercriminal activity related to malware and the evolution of cyber threats in Q2 2020. During this period, there was an average of 419 new …
Cybercriminals are using legitimate Office 365 services to launch attacks
Vectra released its report on Microsoft Office 365, which highlights the use of Office 365 in enterprise cyberattacks. The report explains how cybercriminals use built-in …
Number of corporate credentials exposed on the dark web increased by 429%
While there has been a year-over-year decrease in publicly disclosed data breaches, an Arctic Wolf report reveals that the number of corporate credentials with plaintext …
As ATO attacks surge, consumers expect merchants to protect them from fraud
Attempted account takeover (ATO) attacks swelled 282 percent between Q2 2019 to Q2 2020, Sift reveals. Likewise, ATO rates for physical ecommerce businesses — those that sell …
Preventing ecommerce fraud: A look at current trends and patterns
Forter released its Fraud Attack Index, delivering in-depth insight into the impact of COVID-19 on online buyer behavior and ecommerce fraud trends. This edition revealed …
Twitter employees were spear-phished over the phone
Twitter has finally shared more details about how the perpetrators of the recent hijacking of high-profile accounts to push a Bitcoin scam managed to pull it off. The way in …
