It’s time to shift from verifying data to authenticating identity
As fraudsters continue to develop increasingly sophisticated schemes that allow them to produce an apparent valid identity, either by stealing personal data or fabricating it …
cybercrime
Identity crime victims struggling with financial, emotional and physical impacts
Nearly 30 percent of people who contact the Identity Theft Resource Center (ITRC) are victims of more than one identity crime. Their latest study covers the 36 months from …
Ransomware attribution: Missing the true perpetrator?
Headlines following recent ransomware attacks paint a landscape that acknowledges the true impact of such threats. Historical focus solely on attribution has made way for …
Security must become frictionless for companies to fully secure themselves
Ensuring adequate security in the face of a rapid increase in the quantity and sophistication of cyberattacks requires more effort and resources than most organizations are …
Thoughts on Biden’s cybersecurity Executive Order
Colonial Pipeline is a major American oil pipeline system that originates in Houston TX and supplies gasoline and jet-fuel to a significant portion of the US, specifically the …
Victims lose millions to healthcare related eCrime
Victim losses from healthcare related eCrime in the U.S. rose by 2,473 percent during 2020 as the COVID-19 pandemic swept through the nation and world, CrowdStrike reveals. …
Consumers ID theft concerns only growing
A Benenson Strategy Group study surveyed over 700 adults on their concerns about ID theft and cybercrime, the type of help they feel they would need to address those concerns, …
RaaS gangs go “private” after stirring a hornet’s nest
After a decade or so of ransomware attacks against sometimes very prominent targets, the recent Colonial Pipeline ransomware attack by the Darkside gang has been the …
The best CISOs think like Batman, not Superman
Many CISOs see themselves as Superman — soaring overhead, cape fluttering, and ready to swoop in and save the day at a moment’s notice if a crisis arises. There have been …
Financial institutions experiencing jump in new pandemic-related threats
Financial institutions (FIs), such as banks and insurance providers, are reporting significantly increased threat levels from COVID-related cybercrime, according to a research …
48 recommendations for a global fight against ransomware
The Institute for Security and Technology’s Ransomware Task Force (RTF) has released a comprehensive strategic framework to help worldwide organizations fight against …
Facebook Messenger users targeted by a large-scale scam
A large-scale scam campaign targeting Facebook Messenger users all over the world has been detected by Group-IB. Digital Risk Protection (DRP) analysts have found evidence …