A bipartisan group of federal lawmakers has proposed providing $28 billion to state and local governments to bolster their cybersecurity and IT infrastructures.
An alert from U.S. National Security Agency and the FBI warns of a recently discovered Russian-deployed malware variant called Drovorub that's designed to target Linux systems, creating a backdoor into targeted networks to exfiltrate data.
A new study from Sophos describes how the Dharma ransomware-as-a-service model offers low-skilled hackers the ability to profit from attacks on unprotected small businesses.
To effectively combat online fraud, banks need to greatly enhance their customer authentication efforts, says Anis Ahmed, former head of corporate investigations at Abu Dhabi Islamic Bank.
The U.S. Justice Department has seized more than $2 million worth of cryptocurrency from terrorist groups who solicited donations via social media and waged fraud campaigns.
Since 2018, an advanced persistent threat group dubbed RedCurl, which has served as a team of for-hire hackers specializing in corporate espionage, has hit at least 14 targets in Canada, Russia, the U.K. and beyond, says cybersecurity firm Group-IB.
Sen. Kamala Harris of California, presumptive Democratic presidential nominee Joe Biden's pick for his vice presidential running mate, has a track record of interest in election security issues. But so far, none of her sponsored measures have won Congressional approval.
The Domain Name System, which is at the heart of the internet, is a rich source of data that can help organizations defend themselves against cybercrime. DNS pioneer Paul Vixie says monitoring DNS traffic is crucial, and it's advisable to run your own recursive resolver.
The fight against fraud requires more than using the right technologies; it requires understanding threat actors' techniques, says Robert Villanueva of Q6 Cyber.
Malwarebytes reports that a newly discovered phishing campaign is spoofing a U.S. Small Business Administration loan offer in an attempt to steal banking credentials and other personal data.
A recently uncovered BEC scam has targeted the Office 365 accounts of executives at over 1,000 companies worldwide, collecting more than 800 sets of credentials in an attempt to commit payment fraud, according to Trend Micro.
Machine learning can play a significant role in mitigating money laundering risks, says Andy Gandhi, managing director, data risk and compliance at the consultancy Alvarez and Marsal.
High-wattage IoT devices and appliances, such as connected refrigerators, air conditioners and heaters, could be turned into massive botnets by malicious actors and used to influence energy prices, according to an academic study released at Black Hat 2020.
Are you prepared to detect and combat account takeover fraud (ATO) in real time? Adversaries have a variety of weapons at their disposal, which makes effective protection a challenge. To make matters worse, legacy anti-fraud solutions are falling short of accurately evaluating the risk.
With the right...
Cybercriminals have shifted their focus from individuals and smaller businesses to target governments, critical health infrastructure and major corporations to maximize their profits and disruption during the COVID-19 pandemic, a new Interpol report warns.
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