The FBI and local police are investigating how scammers posing as a contractor for a local bridge project tricked officials in a small Colorado town into electronically transferring over $1 million to a fraudulent account, according to the Denver Post.
Spear phishing emails remain the most popular attack avenue for the bad guys, yet most companies still don't have an effective strategy to stop them. This enormous security gap leaves you open to business email compromise, session hijacking, ransomware and more. Don't get caught in a phishing net! Learn how to avoid...
As new prevention technologies are deployed, Fraudsters are forced to change their approach, develop new tools, and uncover new ways to monetize their activities. In this way, Fraud Protection has been a perpetual cat-and-mouse game.
We'll see a real story about a phishing attack that could involve each bank's...
Many companies have already been hit by a ransomware attack- or will be. Technically astute hackers continue their ability to infiltrate ransomware so much, that Ransomware as a Service is now available on the darknet. In today's hyper connected world, it could be only a matter of time until 'something' happens. How...
Only ~20% of companies use DMARC, SPF, and DKIM, global anti-domain-spoofing standards, which could significantly cut down on phishing attacks. But even when they are enabled and your domain is more secure, 81% of phishing attacks still continue to sail right through to the end-user.
In this webinar, Roger Grimes,...
Business email compromise scams continue to proliferate. Last week, Japanese media company Nikkei revealed that an employee made a $29 million fraudulent transfer as a result of a scam. And in a separate scam, the city of Ocala, Florida, suffered losses of over $742,000.
Many businesses don't seem to be able to block the ongoing scourge of sophisticated business email compromise schemes. "Incidents are just increasing; there's a huge volume of business email compromise," says David Stubley, CEO at 7 Elements, a security testing firm and consultancy.
Spanish authorities say they've arrested three individuals on charges of running a large-scale business email compromise scheme that targeted a dozen companies around the world to steal about $11 million.
As email threats become more advanced, machine learning is being used to detect these attacks. Learn the latest about machine learning & how it is changing the threat landscape.
Join this session to discuss:
How machine learning is being used to detect threats
Latest advancements in machine learning for cyber...
Online attack threats continue to intensify, with criminals preferring ransomware, DDoS attacks and business email compromises, warns Europol, the EU's law enforcement intelligence agency. After numerous successful disruptions by police, criminals have responded by launching increasingly complex attacks.
Ransomware, business email compromises and the malicious insider threat: These are the three top concerns of Canadian attorney Imran Ahmad as he looks ahead to the cybersecurity legal landscape in 2020.
A newly discovered cybercriminal gang is putting a twist on business email compromise scams by initially targeting vendors or suppliers with phishing emails and then sending realistic-looking invoices to their customers, according to the security firm Agari, which labels the approach "vendor email compromise."
Account takeover continues to be a
lucrative path for fraudsters across all
industry sectors. But Scott Olson of
iovation says there are different levels of
defense that can be deployed, based on
the risk of specific types of transactions.
Download this eBook to learn more about:
The different manifestations...
You know that "security awareness" is key to a comprehensive security strategy. But just because someone is aware doesn't mean they care. So how can you design programs that work with, rather than against, human nature? Here's the great news. Creating a security awareness strategy that not only educates, but...