Sophisticated phishing campaigns, increasingly targeted because of social media, are fueling business email compromises - a growing wire fraud scheme that is attacking businesses worldwide, says Jim Hansen of PhishMe.
This year's Black Hat Europe information security conference in Amsterdam will tackle cloud security failures, self-encrypted drive shortcomings, cybercrime on the Dark Web and more.
FBI Special Agent Charles Gunther says collaboration with FinCEN, international law enforcement and U.S. banks has helped the FBI recover millions of funds stolen from customers via emerging wire fraud schemes.
A $46.7 million fraud scheme that hit Ubiquiti Networks Inc. shows the new & improved face of wire fraud - and just how easy it is for cybercriminals to fool employees into helping to pilfer their own enterprises.
Shed a tear for enthusiasts of aging Microsoft Windows operating systems. That's because Microsoft has now retired Windows Server 2003 support, as well as anti-virus scanner and signature updates for Windows XP. But breaking up can be hard to do.
The massive number of retail point-of-sale breaches we've seen in the last two years has fueled an uptick in call center fraud that targets payments processors. Find out how the schemes work.
Wire fraud perpetrated via business email compromises has quickly become a top concern for banking institutions. Now one bank fraud executive predicts this type of fraud could exceed $1 billion this year.
Psychologically speaking, nothing beats the power of a well-timed deadline. And love it or hate it, Google's 90-day "Project Zero" deadline for fixing flaws - before they get publicly disclosed - has rewritten bug-patching rules.
The Federal Reserve on Jan. 26 revealed its roadmap for an overhaul of the U.S. payments system, which includes plans for faster settlement and a focus on improving payments security to reduce fraud.
The response by Sony Pictures Entertainment executives to the hack attack against their company provides a number of great examples for how to not to handle a data breach. Here are 7 key mistakes they made.
Recalling an up to 10-day delay in Homeland Security helping other agencies cope with the Heartbleed vulnerability, DHS's Phyllis Schneck champions FISMA reform legislation that would codify the department's role as guardian of civilian agency IT.
After a long legal battle, Choice Escrow and Land Title LLC and Mississippi-based BancorpSouth have finally settled a $440,000 account takeover case. Learn how one final issue was resolved.
A Tennessee utility has sued its bank after a $327,000 account takeover incident. This new case shows why institutions must go above and beyond when it comes to detecting and thwarting fraud losses.
For the first time in its decade-long history, the Federal Reserve's triennial Payments Study includes fraud data. The Fed's Jim McKee says these findings set a baseline about U.S. card fraud trends.
A new impersonation scheme is taking aim at business executives to perpetuate ACH and wire fraud, says Bank of the West's David Pollino, who explains steps institutions should take now to protect their customers.
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