How can financial institutions prevent shopping season fraud?
Black Friday and Cyber Monday are two of the years’ busiest shopping days. For consumers and retailers alike, it marks the beginning of the winter holiday shopping season, as …
Merchants must find ways to balance security with a seamless customer experience
69% of U.S. merchants reported that significant amount of company time and expense is dedicated to dealing with payment fraud, in a survey by American Express. Balance …
Macy’s online store compromised in Magecart-style attack
The webshop of noted U.S. department store company Macy’s has been compromised and equipped with an information-stealing JavaScript, which ended up collecting …
Trusted certificates make phishing websites appear valid
There has been a rampant growth of look-alike domains, which are often used to steal sensitive data from online shoppers. Venafi analyzed suspicious domains targeting 20 major …
Do your infosec habits make you vulnerable to fraud?
A third of Americans have been a victim of information fraud or identity theft. Despite notable data breaches in 2019, when asked if they update or change passwords/PINs after …
Evaluating cyber risk during the holiday season
Fears of data loss, identity theft and fraud are leaving American consumers on edge this holiday season, and they’re prepared to hold their financial institution responsible …
Fraud rates increasing as criminals become more sophisticated
Fraud rates have been skyrocketing, with 90 voice channel attacks occurring every minute in the U.S., Pindrop reveals. Key findings Voice fraud continues to serve as a major …
Your supplier’s BEC problem is your BEC problem
Business email compromise (BEC) scams are a burgeoning threat for organizations and, despite rising awareness, new victims are cropping up daily. BEC scammers don’t care …
PayPal becomes phisher’s favorite brand, Office 365 phishing techniques evolve
PayPal has overtaken Microsoft to claim the number one ranking for phisher’s favorites for the first time. Netflix was not far behind as the streaming giant moved up to …
Cybercriminals are testing exposed credentials for future account takeover attacks
Fraud increased 30% overall in Q3 2019 and bot-driven account registration fraud is up 70% as cybercriminals test stolen credentials in advance of the holiday retail season, …
Nikkei hit by BEC scammers, loses $29 million
Japanese media company Nikkei Inc. is the latest organization to be fleeced by BEC scammers, to the tune of $29 million. What happened? The company confirmed last week that, …
Researchers develop machine learning-based detector that stops lateral phishing attacks
Lateral phishing attacks – scams targeting users from compromised email accounts within an organization – are becoming an increasing concern in the U.S. Whereas in …
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