The most impersonated brand in phishing attacks? Microsoft
Vade announced its H1 2022 Phishers’ Favorites report, a ranking of the top 25 most impersonated brands in phishing attacks. Microsoft came in at #1 on the list, followed by …
Major shifts and the growing risk of identity fraud
Traditional identity fraud losses, caused by criminals illegally using victims’ information to steal money, exploded in 2021 to $24 billion — an alarming 79% increase over …
How to identify and combat online fraud
As the popularity of Buy Now, Pay Later (BNPL) grows, organizations and consumers must remain vigilant or risk becoming a victim of fraud, as account takeover attacks – where …
The rise and continuing popularity of LinkedIn-themed phishing
Phishing emails impersonating LinkedIn continue to make the bulk of all brand phishing attempts; according to Check Point, 45% of all email phishing attempts in Q2 2022 …
Online payment fraud losses to exceed $343 billion
Cumulative merchant losses to online payment fraud globally between 2023 and 2027 will exceed $343 billion, according to Juniper Research. As a comparison, this equates to …
The proliferation of money mules and how behavioral biometrics can combat this form of fraud
In the first half of 2022, BioCatch estimates fraudulent transfers to money mule accounts totaled $3 billion and that there are approximately 2 million mule accounts in the …
How attackers abuse Quickbooks to send phone scam emails
INKY researchers disclosed the latest variant of the tried-and-true phone scam, a low-tech phone scam where attackers extract personal information by sending out spoofed …
Who are the best fraud fighters?
Seasoned fraud expert PJ Rohall has recently become the new Head of Fraud Strategy & Education at SEON. In this Help Net Security interview, he talks about how he entered …
Attackers are using deepfakes to snag remote IT jobs
Malicious individuals are using stolen personally identifiable information (PII) and voice and video deepfakes to try to land remote IT, programming, database and …
Evolving online habits have paved the way for fraud. What can we do about it?
Information is power, and personally identifiable information (PII) is an extremely powerful asset that is fueling the rapid growth of online fraud (also known as the Digital …
Threat actors increasingly use third parties to run their scams
Abnormal Security released new research that showcases a rising trend in financial supply chain compromise as threat actors impersonate vendors more than ever before. In …
How phishing attacks are becoming more sophisticated
The latest APWG’s Phishing Activity Trends Report reveals that in the first quarter of 2022 there were 1,025,968 total phishing attacks—the worst quarter for phishing observed …
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