cybercrime

Fraudulent purchase attempts value increased 69% in 2020
The average value of fraudulent purchase attempts increased 69% in 2020, a recent Sift report reveals. Also, several business categories were hit by both major increases in …

Digital dependence and innovation: Two critical trends in cyber espionage and crime
Being a veteran cybersecurity incident responder with over 21 years of field experience I know I will always have a job and it will always be interesting. In the evolution of …

The war against the virus also fueling a war against digital fraud
TransUnion’s latest analysis of global online fraud trends found that since the COVID-19 pandemic began, fraudsters are increasing their rate of digital schemes against …

With more than 400,000 crypto scams created in 2020, increase of 75% predicted for 2021
The findings of a Bolster report, along with real life examples, clearly correlate the rise in crypto scams to the value and popularity of cryptocurrencies as well as the …

Only 14% of domains worldwide truly protected from spoofing with DMARC enforcement
While the DMARC enforcement rate increases, 3 billion messages per day are still spoofing the sender’s identity, Valimail reveals. Email continues to be an effective way to …

Phishers’ perfect targets: Employees getting back to the office
Phishers have been exploiting people’s fear and curiosity regarding breakthroughs and general news related to the COVID-19 pandemic from the very start, and will …

Years-old MS Office, Word flaws most exploited to deliver malware
29% of malware captured was previously unknown – due to the widespread use of packers and obfuscation techniques by attackers seeking to evade detection, according to a HP …

Alarming number of consumers impacted by identity theft, application fraud and account takeover
A new report, developed by Aite Group, and underwritten by GIACT, uncovers the striking pervasiveness of identity theft perpetrated against U.S. consumers and tracks shifts in …

Number of ransomware attacks grew by more than 150%
By the end of 2020, the ransomware market, fueled by the pandemic turbulence, had turned into the biggest cybercrime money artery. Based on the analysis of more than 500 …

Digital-first lifestyle opens consumers to potential risks during tax season
Consumers have faced a lot of change over the past year with the shift to a digital-first lifestyle, and tax season with increasing risks is no exception. McAfee’s 2021 …

Cybercriminals increasingly impersonate business-related apps
Cybercriminals have wasted little time in capitalizing on the vulnerabilities that come with remote work, and their attacks have been highly targeted, with a focus on …

Businesses trust their remote employees are sufficiently skilled to mitigate cybersecurity risks
80% of businesses worldwide are confident their remote employees, specifically those working with finance software or participating in official company transactions, have the …
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