Fraudsters are always looking for new ways to shift funds from their schemes into their accounts—that’s where mules come in. Until now, there’s never been a real-time solution for detecting money mule activity. Download this comprehensive guide to uncover the strategies for detecting mule-related accounts,...
Search engine optimization poisoning attacks, which involve intentionally manipulating search results to lead users onto malware-laced websites, are on the rise in the healthcare sector, U.S. federal regulators warn. Users should watch for typosquatting, keyword stuffing, meta tagging and cloaking.
Phishing attacks have come a long way from the spray-and-pray emails of just a few decades ago. Now they’re more targeted, more cunning and more dangerous. And this enormous security gap leaves you open to business email compromise, session hijacking, ransomware and more.
Join Roger Grimes, KnowBe4’s...
Understanding and Defending Against AI-Generated Email Attacks
ChatGPT. Google Bard. DeepFaceLab.
Generative AI is all the rage, and for good reason. What used to take hours can now be done in minutes, and what used to take minutes can be done in seconds. Which is great for productivity in the right hands.
But...
Banks are facing unprecedented challenges in securing their digital ecosystems while maintaining cost efficiency. With cybercriminals increasingly targeting the financial industry, banks face risks to their reputation as trustworthy partners. With data breach costs averaging nearly $6 million per incident, banks...
Business Email Compromise (BEC) is “one of the most financially damaging online crimes” according to the FBI. It is a cunning form of email impersonation that, when combined with human error, can be incredibly disruptive and damaging. Phishing and Account Takeover (ATO) attacks target employees and trick them into...
Mule accounts have become an increasingly prevalent element of fraudulent schemes, acting as the primary pathway for moving funds from various sources of fraud, such as scams, check fraud, account takeovers, and authorized push payment (APP) fraud, into the accounts of fraudsters themselves. Startlingly, our research...
While security tools have become more adept at detecting payloads in emails, attacks that lack known indicators and rely instead on impersonation/social engineering tactics are successfully bypassing these traditional controls and reaching inboxes. If an organization’s email security controls are not effective...
Fraudsters and cybercriminals are continuously finding new opportunities to exploit online activity, transactions, and the generosity of individuals.
Stay one step ahead of fraud with our new Insights Article. Gain valuable knowledge about the latest fraud trends, effective preparations, and preventive measures to...
While historically the origin of most business email compromise (BEC) attacks has been West Africa, residing in Nigeria certainly isn’t a requirement for BEC attackers. Indeed, the subject of this report is a sophisticated threat group based in Israel.
The group is unique in that they impersonate executives and...
Email is your most essential business tool—and today’s top malware delivery vector. This vital communications channel has become fertile ground for today's most damaging cyber threats and all kinds of fraud. Because email threats inherently target people, an effective cybersecurity program focuses on people first....
Bots have become an important tool for modern cybercrime. A bot is used somewhere in the attack cycle in more than three-quarters of security incidents. HUMAN Security co-founder and CEO Tamer Hassan called account takeover "the gateway drug to all other forms of fraud and abuse."
When you think of using biometric technology as part of your multi-factor authentication process, you assume these attributes are safe. Cybercriminals can’t hack your fingerprints, can they? The answer may surprise you!
Biometric attributes aren’t as safe as they once were. Cybercriminals are always coming up...
We strongly recommend that you use a password manager to reduce password reuse and improve complexity, but you may be wondering if it’s really worth the risk. Is it safe to store all of your passwords in one place? Can cybercriminals hack them? Are password managers a single point of failure?
Join Roger A....
In this age of digital transformation, companies that support web or app-based customer accounts are vulnerable to fraud from fake accounts or unauthorized account sharing. According to IBM’s 2022 Cost of a Data Breach report, the average data breach in the U.S. costs $9.4 million, while the global cost average is...
Our website uses cookies. Cookies enable us to provide the best experience possible and help us understand how visitors use our website. By browsing bankinfosecurity.com, you agree to our use of cookies.