Where are security practitioners in their zero trust journeys, and what approach to zero trust have they taken? Three experts - Netskope's David Fairman, Exceture's Mario Demarillas, and Petronas' Soumo Mukherjee - share their thoughts in a panel discussion.
New York State Attorney General Leticia James detailed a credential stuffing investigation that showed the compromise of 1.1 million user accounts linked to "well-known" retail operations. The 17 companies involved reportedly agreed to put new measures in place to mitigate cyber risks.
Morgan Stanley agreed to a $60 million settlement to resolve a class action lawsuit claiming the banking giant violated security compliance laws and provided negligent oversight when a third party did not properly decommission legacy IT systems in 2016 and 2019.
Synthetic ID fraud has grown in popularity, with U.S. companies reporting losses of $20 billion in 2021 compared to $6 billion in 2016. Cybersecurity experts discuss with ISMG why this type of fraud has gained traction, how fraudsters use it, mitigation steps, and what we can expect in 2022.
Advanced voice impersonation and deepfake technologies are giving rise to cybercrime groups that offer Vishing-as-a-Service, security researchers say. Vishing is proving to be successful in tricking victims and bypassing voice authorization mechanisms.
Automation, a good criminal network and the ability to use accounts as an alias are some of the factors contributing to synthetic ID fraud, says a panel of three experts.
The findings from a penetration test can help you identify risks and gaps in your security controls. Charles Gillman offers tips to maximize the value of your next pen test and, in the process, deliver better results.
CyberEdBoad excutive member Alan Ng of China Taiping Insurance, Singapore, explains the enterprise risk management strategy for the pandemic era and how the Distributed, Immutable and Ephemeral triad works with the Confidentiality, Integrity and Availability triad to make organizations more secure.
On one hand, 60% of survey respondents rate their institutions as "above average" or "superior" when it comes to mitigating fraud. Yet, 55% say their customers and partners lack sufficient awareness to protect themselves from fraud. Appgate's Bryan Jardine analyzes the Faces of Fraud survey results.
The number of breach reports filed by U.S. organizations looks set to break records, as breaches tied to phishing, ransomware and supply chain attacks keep surging, the Identity Theft Resource Center warns. It says that there's also been a rise in tardy breach notifications containing little detail.
In the latest weekly update, four editors at Information Security Media Group discuss important cybersecurity issues, including why enterprises need a multilayered approach to securing identity, how fraud will evolve in 2022 and the need to secure backdoors to prevent ransomware attacks.
Despite the popular perception of identity theft as a major cause of fraud, it accounts for only 20% of auto loan fraud risk while income and employment misrepresentation account for 60% of loan losses, says Justin Davis, fraud consultant at Point Predictive. He discusses tools that can catch this type of fraud.
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