Federal investigators have seized two domains impersonating the pharmaceutical firms Moderna, which has begun shipping a COVID-19 vaccine, and Regeneron, which developed a treatment for COVID-19, according to the U.S. Justice Department. Fraudsters were using the websites for identity theft.
Fraud explodes in tough times, and do times come any tougher than they have with COVID-19? In this latest Cybersecurity Leadership panel, CEOs and CISOs describe their efforts to spot and stop emerging fraud schemes involving synthetic IDs, social engineering and greater insider risks.
An ongoing spear-phishing campaign is spoofing the official Microsoft.com domain name and targeting users of the company's Office 365 suite, according to security firm Ironscales. Fraudsters are likely using these attacks to harvest credentials.
Knowing your customer has become of more a challenge in a world where in-person interaction has become scarce. Andrew Bud of iProov discusses how identity proofing is evolving to meet the challenge.
Mitigation of identity fraud requires a combination of technologies that complement one another and are easy to manage. Adding a new solution requires looking beyond fraud management to the customer experience, including all stages of the customer lifecycle. It is critical to have safe and secure customer onboarding,...
Canon USA has finally acknowledged that a ransomware attack earlier this year involved the theft of corporate data, including such employee information as Social Security numbers and financial account numbers.
As synthetic ID fraud in the financial services sector continues to rise next year, organizations must use new technologies to mitigate the risks, says Saif Nawaz of Meridian Credit Union in Canada.
Twenty financial institutions are collaborating to identify how machine learning can be used to detect synthetic ID fraud, says Greg Woolf, CEO at the security firm FiVerity.
2020's health crisis has created an unexpected boom in telemedicine initiatives. But with this rapid innovation and adoption comes a corresponding uptick in fraud. Dean Nicolls of Jumio Corporation talks about how improving identity verification can help curb the trend.
In this eBookwith Information Security Media...
Validating identity across every digital channel is essential to track money movement information and help control P2P payment fraud, two fraud-fighting experts say.
Researchers have uncovered a fresh phishing campaign that mimics the automated messages of the popular business communication platform Microsoft Teams in an attempt to harvest users' Office 365 login credentials.
Artificial intelligence and machine learning offer the best hope for addressing the risks posed by synthetic identities, says Justin Davis, fraud manager at Digital Federal Credit Union.
The Bad Bot Report investigates the daily attacks that sneak past sensors and wreak havoc on websites. Such activities include web scraping, competitive data mining, personal and financial data harvesting, brute-force login, digital ad fraud, spam, transaction fraud, and more.
In the 2020 Bad Bot Report you'll...
The latest edition of the ISMG Security Report analyzes why clothing retailer H&M was hit with a hefty fine for violating the EU's General Data Protection Rule. Also featured: The coming of age of digital identities; deputy CSO at Mastercard on top priorities for 2021.
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