The holidays are just around the corner to usher in a bustling season of togetherness, shopping, travel, and charitable donations. It’s a special time of year for many of us - including fraudsters and cybercriminals.
Frauds and scams accompany the season as bad actors take advantage of spikes in online activity...
If there’s anything 2022 can teach us, it’s that fincrime Is unpredictable.
This year has been shaped by rapidly changing fraud activities and scams… and increasingly brazen fraudsters. Neither individuals, businesses, government entities, nor financial institutions (FIs) are exempt from the velocity and...
Is Australia's data breach wave a coincidence, bad luck or intentional targeting? Maybe all three. But the security weaknesses that have led to the incidents are not exotic. And the people behind these attacks are most likely workaday cybercriminals, not top-level nation-state attackers.
Cybercriminals are out there, watching and waiting for the perfect opportunity. They are gathering information about your organization and users, devising the perfect plan to infiltrate your defenses.
But with a strategic approach to cyber defense you can hack the hacker before they strike! In this session, we'll...
In the latest weekly update, ISMG editors discuss the implications of the former Uber CSO's guilty verdict for the rest of the industry, the growing problem of keyless car theft, and the latest progress toward a passwordless future revealed at the annual FIDO Alliance conference.
The Federal Police of Brazil arrested a lead suspect behind a December 2021 incident that temporarily disrupted access to novel coronavirus vaccination data. The suspect, arrested in the city of Feira de Santana, is an alleged member of the multinational and teenager-dominated Lapsus$ hacking group.
Fraudsters are using tried-and-true tactics such as check washing as well as Zelle scams and a host of insider threats to scam banks and their customers. Frank McKenna, chief fraud strategist at Point Predictive and author, explains why fraud is on the rise and the steps banks can take to stop it.
The latest edition of the ISMG Security Report discusses how Russian-speaking ransomware gangs have their eyes on a new target, offers the latest on Australia's data security reckoning and the government’s response, and outlines emerging trends in customer identity and access management.
Australia's data breach debacle expanded on Thursday. Cyber extortionists who attacked Australian health insurer Medibank provided proof of their hack of medical data. Also, stolen data from Australian wine retailer Vinomofo was put up for sale on a Russian-language forum.
Hacking capabilities once reserved for nation-states are filtering down to the level of crimeware, warns Kaspersky researcher Sergey Lozhkin. Darknet forums are filled with self-taught hackers selling advanced capabilities for a good price, he says.
A European ring of auto thieves used software branded as a diagnostic tool to perform fobless thefts of cars made by two French manufacturers. It looks as if the thieves found a vulnerability in the electronic control unit governing the authorization of new key fobs.
Personal data from MyDeal, a marketplace owned by Australia's Woolworths Group grocery chain, has appeared for sale on a data leak forum. It comes as wine retailer Vinomofo disclosed a breach and as the Optus telecommunications breach continues to fuel data security concerns in Australia.
It’s no secret—hackers are after your passwords. Year after year, credential theft continues to be a top attack vector, yet organizations struggle to secure their credentials. Internal and external users risk being compromised when their passwords are shared, improperly stored, or used across multiple accounts and...
In the latest "Proof of Concept," Lisa Sotto of Hunton Andrews Kurth LLP and former CISO David Pollino join ISMG editors discuss the first California consumer protection fine issued against retailer Sephora, defending against new ransomware tactics, and mitigating the impact of Zelle scams.
Ransomware remains the top security threat in 2022, as cybercriminals keep upping their malware creation, distribution and extortion game. It is especially dire for smaller companies, as a successful ransomware attack can literally put them out of business. Yet ransomware doesn’t sit at the center of most...