Europol, along with the other law enforcement agencies in Europe, prevented payment fraud losses of $47.5 million by targeting fraudsters who were selling stolen card data on darknet websites known as card shops.
Interpol, Nigerian law enforcement agencies and security firm Group-IB have collectively uncovered a massive Nigerian business email compromise gang that was active across more than 150 countries. Three suspected members have been arrested in Nigeria.
A Chinese advanced persistent threat group has recently begun ramping up its activities with a new phishing campaign leveraging updated malware that's targeting diplomatic missions around the world to collect data and monitor communications, according to Proofpoint.
Last week, fraudsters targeted two cryptocurrency platforms by accessing domains managed by GoDaddy, according to notices published by the victimized firms. The domain register company previously has had issues with unauthorized access.
Microsoft's Security Intelligence team is warning users of the Office 365 suite about an ongoing phishing campaign that appears to be harvesting victims' credentials. The emails use several techniques to bypass and evade secure email gateways.
Researchers at Area 1 Security say a recently uncovered phishing campaign using a message saying that the recipient has been fired from their job is attempting to plant two malware strains - Bazar and Buer - using the Trickbot botnet.
A recently uncovered phishing campaign is using a spoofed U.S. Internal Revenue Service domain and social engineering techniques in an attempt to trick targeted victims into sending money to fraudsters, according to researchers at Abnormal Security.
There is a reason more than half of today's ransomware victims end up paying the ransom. Cyber-criminals have become thoughtful; taking time to maximize your organization's potential damage and their payoff. After achieving root access, the bad guys explore your network reading email, finding data troves and once...
COVID-19 accelerated everything else digital; why not fraud, too? In this latest CEO/CISO panel, cybersecurity leaders talk frankly about the pace and scale of new fraud schemes from business email compromise to card not present to insider risk.
Victims of crypto-locking malware who pay a ransom to their attackers are paying, on average, more than ever before. But investigators warn that when victims pay for a guarantee that all data stolen during an attack will get deleted, criminals often fail to honor their promises.