cybercrime
BEC explodes as attackers exploit email’s identity crisis
850,000 domains worldwide now have DMARC records, a 5x increase since 2016, according to Valimail. However, less than 17% of global DMARC records are at enforcement — meaning …
Massive uptick in eCrime campaigns, retail among top targeted industries
There has been a massive uptick in eCrime cyber activity, a CrowdStrike report reveals. As Gartner states in the 2019 Magic Quadrant for Endpoint Protection Platform, “The …
Danish company Demant expects to suffer huge losses due to cyber attack
Danish hearing health care company Demant has estimated it will lose between $80 and $95 million due to a recent “cyber-crime” attack. Though the company has yet …
As consumers engage with insurance companies online, new types of digital fraud emerge
As more U.S. consumers use digital platforms when engaging with insurance companies, new fraud challenges are likely to arise for insurance carriers, according to TransUnion …
Cybercriminals plan to make L7 routers serve card stealing code
One of the Magecart cybercriminal groups is testing a new method for grabbing users’ credit card info: malicious skimming code that can be loaded into files used by L7 …
Employees are mistakenly confident that they can spot phishing emails
While a majority (79%) of people say they are able to distinguish a phishing message from a genuine one, nearly half (49%) also admit to having clicked on a link from an …
Older vulnerabilities and those with lower severity scores still being exploited by ransomware
Almost 65% of top vulnerabilities used in enterprise ransomware attacks targeted high-value assets like servers, close to 55% had CVSS v2 scores lower than 8, nearly 35% were …
Old Magecart domains are finding new life in fresh threat campaigns
Magecart has so radically changed the threat landscape, victimizing hundreds of thousands of sites and millions of users, that other cybercriminals are building campaigns to …
Businesses facing post breach financial fallout by losing customer trust
44% of Americans, 38% of Brits, 33% of Australians, and 37% of Canadians have been the victim of a data breach, according to newly released research conducted by PCI Pal. The …
Phishing attacks up, especially against SaaS and webmail services
Phishing attacks continued to rise into the summer of 2019 with cybercrime gangs’ focus on branded webmail and SaaS providers remaining very keen, according to the APWG …
Only one quarter of retail banks have adopted an integrated approach to financial crime systems
Most banks plan to integrate their fraud and financial crime compliance systems and activities in response to new criminal threats and punishing fines, with the U.K. leading …
Fraudsters no longer operate in silos, they are attacking across industries and organizations
From January 2019 through June 2019, LexisNexis Risk Solutions recorded 16.4 billion transactions, of which 277 million were human-initiated attacks, a 13% increase over the …