Online fraud against businesses drops, increases against consumers during reopening
Fraudsters are decreasing their schemes against businesses, but increasing COVID-19 focused scams against consumers online, according to TransUnion. Fraudsters less targeting …
Brand impersonation is a go-to tactic for attackers, especially for credential phishing and BEC attacks
Trends in BEC and email security during Q2 2020 included a peaking and plateauing of COVID-19-themed email attacks, an increase in BEC attack volume and acceleration of …
Content farms develop and spread fake news about COVID-19 for profit
RiskIQ released a research report revealing a large-scale digital scam advertisement campaign spread through fraudulent news sites and affiliate ad networks that cater to …
27% of consumers hit with pandemic-themed phishing scams
Phishing is the top digital fraud scheme worldwide related to the COVID-19 pandemic, TransUnion reveals. Among consumers reporting being targeted with digital COVID-19 schemes …
Cybersecurity concerns front and center as online voting expected to shape future elections
Online voting is likely to shape future election cycles, according to a study from OneLogin. 59% of respondents expect online voting will become a reality within five years. …
200% increase in invoice and payment fraud BEC attacks
There has been a 200 percent increase in BEC attacks focused on invoice or payment fraud from April to May 2020, according to Abnormal Security. This sharp rise continues the …
80% of consumers trust a review platform more if it displays fake reviews
Many people are using COVID-19 quarantine to get projects done at home, meaning plenty of online shopping for tools and supplies. But do you buy blind? Research shows 97% of …
Duration of application DDoS attacks increasing, some go on for days
There were seven major application DDoS attacks over the previous month — two of which lasted 5-6 days, Imperva reveals. Additionally, the team found that 47% of account …
New technique protects consumers from voice spoofing attacks
Researchers from CSIRO’s Data61 have developed a new technique to protect consumers from voice spoofing attacks. Fraudsters can record a person’s voice for voice …
Email security challenges and BEC trends during the pandemic
COVID-related attacks increased 436% between the second and third weeks of March 2020, with an average 173% week-over-week increase during the quarter, according to Abnormal …
The “return” of fraudulent wire transfers
Ransomware gangs targeting businesses are currently getting more public attention, but scammers trying to trick employees into performing fraudulent wire transfers are once …
Create a safe haven for your customers to build loyalty
“The customer comes first” started out as the secret to success in business. Now it’s the secret to 21st century cybersecurity and fraud prevention, too. The phrase always …
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