The average amount stolen in a business email compromise scam increased 48% during the second quarter of 2020, but the number of attacks decreased during that period, the Anti-Phishing Working Group reports.
Recent hacking incidents, including one targeting Twitter, are raising awareness of the importance of privileged access management, says David Boda, group head of information security for Camelot Group, operator of the U.K. National Lottery. He describes PAM best practices.
So-called "cybersquatting" attacks are surging, with financial and e-commerce websites - including those of PayPal, Royal Bank of Canada, Bank of America and Amazon - among the most frequent targets, according to Palo Alto Networks' Unit 42.
A recently uncovered malicious email campaign is delivering to businesses multiple types of malware, including a Trojan designed to steal banking credentials and other financial information, according to a research report from Cisco Talos.
A group of Democratic senators, including Minority Leader Charles Schumer of New York, is urging the Trump administration to impose sanctions on Russia and other "governmental actors" that are waging efforts to interfere with the November election interference.
The latest edition of the ISMG Security Report features a discusssion with Equifax CISO, Jamil Farshchi, on the lessons learned from the credit reporting firm's massive data breach three years ago. Also featured: Australians' driver's licenses leaked; privileged access management tips.
The number of cybersecurity incidents reported to the U.K.'s data privacy watchdog has continued to decline, recently plummeting by nearly 40%. But is the quantity of data breaches going down, or might organizations be failing to spot them or potentially even covering them up?
Twitter is investigating the hacking of an account associated with Indian Prime Minister Narendra Modi for an apparent cryptocurrency scam, according to news reports. The incident appears similar to a July Twitter hack that hit well-known targets in the U.S. and Europe.
The former moderator of the now-defunct AlphaBay darknet marketplace has been sentenced to 11 years in prison after pleading guilty to a federal racketeering charge, according to the U.S. Department of Justice.
Evilnum, a hacking group that targets fintech firms mainly in the U.K. and Europe, is deploying a new remote access Trojan, according to Cybereason. The group is targeting "know your customer" procedures to start these attacks.
Some payment card fraud detection systems that rely on artificial intelligence are now less effective because of changes in consumers' habits during the COVID-19 pandemic, says Rene Perez of Jack Henry & Associates, who offers insights on needed adjustments.
The FBI and CISA say that a Russian newspaper report that claims American voting data was stolen and then offered for sale in darknet forums is inaccurate. The agencies say the data offered for sale is already publicly available, and they portray the newspaper report as part of a disinformation campaign.