Synthetic identity fraud is the fastest-growing financial crime in the country. By combining real and fabricated personal information, a synthetic identity is specifically designed to look and act like a valid identity - until it doesn’t, leaving financial losses and criminal activity in its wake.
The Abnormal Security team just launched a new threat intel site named Abnormal Intelligence. Crane Hassold shares resources available, including an attack library, semi-annual threat intel reports, a glossary and exclusive insights from the Abnormal team.
In this ebook with Information Security Media Group,...
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.
Organizations can improve security with modern authentication protocols, but the big message to the marketplace is that FIDO Passkeys give customers more convenience and deliver a consistent user experience, according to panelists on the final day of FIDO Alliance's Authenticate 2022 Conference.
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.
Multifactor authentication needs to move away from one-time passwords sent via text message and embrace modern standards that prevent man-in-the-middle attacks. Plus, excessive identity challenges online lead to 20% of e-commerce transactions being abandoned, say experts at Authenticate 2022.
Since credential leaks are so common in cybersecurity incidents and breaches, how is it even possible to protect identities? Corey Nachreiner of WatchGuard Technologies shares strategies for how enterprises can upgrade their approach to identity security.
Both internal and external fraud are expected to grow as economic conditions worsen. Fraud education expert Andi McNeal shares insights on what anti-fraud practitioners are expecting over the next year, the types of fraud to watch out for and how to mitigate fraud risks.
Millions are spent on security operations centers — in tools, processes, and people — yet we still have million-dollar problems.
It’s not from a lack of passion or effort from security analysts and responders in the SOC; it’s often due to an efficacy gap and a lack of adversary alignment. The leading...
Passwords are supported everywhere. But, says Andrew Shikiar, executive director of the FIDO Alliance, "they have been proven time and time again to simply be unfit for today's networked economy." In this episode of "Cybersecurity Unplugged," Shikiar discusses how to move beyond passwords.
In PWC’s 25th Annual Global CEO Survey, respondents listed cyber risks as their top threat to growth.
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How to understand what is and isn't covered within a cybersecurity policy;
The techniques you need to have in place to help meet cyber insurance requirements....
Australia's Optus telco is facing a $1 million extortion demand to prevent the release of up to 11.2 million sensitive customer records. The data appears to be legitimate. The attacker tells Information Security Media Group an unauthenticated API led to the breach.
Japanese conglomerate Hitachi has sold its small identity-as-a-service practice to Canadian software specialist Volaris Group to drive better execution around core products. The firm found it was easy to get lost within Hitachi given the conglomerate's size and focus on electronics and engineering.
A U.S. law enforcement investigation involving multiple countries resulted in the shutdown of an online marketplace selling millions of Social Security numbers, payment cards and other credentials. Prosecutors unsealed a complaint against a Moldovan man fingered as the operator.