How fraudsters stole millions with the help of a legitimate online tool
Identity thieves have managed to steal $30 million from the US Internal Revenue Service by taking advantage of an online tool designed to help students fill out financial aid …
Most organizations were victims of business email compromise in 2016
Nearly three quarters of corporate treasury and finance professionals said their companies were victims of payments fraud last year, according to the Association for Financial …
Online fraudsters’ preferred tools and techniques revealed
A new report by DataVisor Threat Labs has provided unprecedented insight into the behaviors and attack techniques of some of the world’s largest online crime rings, and …
The time to fortify your organization against CNP fraud is now
When it comes to EMV (Europay, MasterCard and Visa) security chip adoption, the United States is the clear laggard. According to EMVCo, only 7.2% of “card present” …
Scammers are blending W-2 phishing with wire fraud
During last year’s run-up to the US Tax Day, scammers mercilessly targeted companies’ payroll and human resources professionals, tricking them into handing over …
How to minimize the risk and impact of identity fraud
The number of identity fraud victims increased by sixteen percent (rising to 15.4 million U.S. consumers) in the last year, according to Javelin Strategy & Research. They …
82% of executives experienced a fraud incident in the past year
Fraud, cyber, and security incidents are now the “new normal” for companies across the world, according to the executives surveyed for a new Kroll report. The …
80% of digital publishers don’t know how their web traffic is audited
The burden of proof is on publishers to defend their web traffic, yet 80 percent admit they don’t have insight into how their traffic is audited, raising questions about which …
20,000 affected by Tesco Bank security breach
It’s been a rough weekend for 20,000 customers of British retail Tesco Bank: they’ve witnessed their bank accounts being plundered and have been phoning the bank …
Major international law enforcement operation targets airline ticket fraud
193 individuals suspected of traveling with airline tickets bought using stolen, compromised or fake credit card details have been detained in a major international law …
UK: Financial fraud soars
More than 1 million incidents of financial fraud – payment card, remote banking and cheque fraud – occurred in the first six months of 2016, according to official …
Compromised electronic health records may haunt you forever
A recent report on the Deep Web black market for electronic health records (EHRs) by researchers affiliated with the Institute for Critical Infrastructure Technology has …
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