Digital and mobile banking are under attack - and the threats are increasingly faster, more sophisticated, and automated. Fraud managers and analysts face a round-the-clock battle as they try to identify and stop fraud before customers are affected.
To help financial institutions manage the risks without shifting...
The Lazarus Group, the North Korean hacking group behind the WannaCry worm, the theft of $81 million from a Bangladesh bank and the attacks on Sony Pictures, apparently is expanding into ransomware, according to the security firm Kaspersky.
Security experts say that ransomware victims too often treat the malware infection as an isolated event, when they should instead assume that attackers remain in their network until proven otherwise. Here are eight tips for dealing with ransomware and other intrusions and making a full recovery.
Mobile banking startup Dave is just the latest victim of criminal data brokers. Extensive evidence now points to Dave having been hit by a ShinyHunters, which has been tied to the sale of millions of stolen records to fraudsters - either via a phishing attack or hack of a third-party service provider.
Fraudsters are mimicking automated messages from Microsoft SharePoint for a phishing campaign that attempts to steal Office 365 credentials, according to the security firm Abnormal Security.
Social media analytics tools can play a key role in mitigating the risk of brand impersonation fraud, says Barika Pace, senior director analyst at Gartner.
With less than 100 days to go before the U.S. election, intelligence officials are warning of attempted interference by Russia, China and Iran. But Congressional lawmakers are disagreeing about the severity of these threats.
CISA is warning that threat actors are actively exploiting a remote code execution vulnerability in F5's BIG-IP network products that can lead to data exfiltration and other security issues. Earlier, researchers and F5 had urged users to patch the flaw.
Garmin has acknowledged that a hack attack that encrypted several of its systems led to outages that affected several of the company's fitness and aviation products along with knocking its homepage and customer service centers offline. As of Monday, several affected services were again operating.
Money launderers are devising new tactics during the COVID-19 pandemic. For example, some are coming up with ways to use personal protective equipment, or PPE, as a form of currency, says Debra Geister, CEO of Section 2 Financial Intelligence Solutions.
The U.S. State Department is offering rewards of up to $1 million for information that could lead to the arrest and conviction of two Ukrainian nationals who allegedly hacked the Security and Exchange Commission's EDGAR system server in 2016.
A Dutch lawmaker's Twitter account is among 36 that had some personal data compromised earlier this month when hackers targeted 130 verified accounts and launched a cryptocurrency scam. The politician told Reuters his direct messages were accessed.
A fresh round of phishing attacks is relying on using trusted services and a well-designed social engineering scheme to trick users into enabling malware to bypass an end point's security protocols, says Aaron Higbee of the security firm Cofense.
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