Maxim Senakh, who was extradited from Finland to the United States to face charges related to Ebury botnet attacks, has been sentenced to serve nearly four years in federal prison, after which he will be deported to his native Russia.
True cybersecurity is about looking for what the new threats are and staying on top of those. And when it comes to fraud prevention, staying focused on the cybercriminal and the fraudster is what protects your customers and organisation.
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The most prevalent fraud types and...
Banks that cannot evolve their fraud detection capabilities to effectively address two seemingly opposing requirements - building trust through strong cybersecurity programs and delivering a seamless customer experience - will fail to build new market share, and will lose market share to those banks that...
As financial institutions seek to capture new opportunities through online banking, it becomes increasingly critical to both provide a seamless user experience and help protect against online fraud. But fraudsters continue to successfully modify their attack methods to keep pace with this transformation, stealing...
Banks often view innovation as coming at the cost of security. Instead, security can be an enabler to the digital transformation - helping banks welcome customers in and keep fraudulent activity out so they can pursue new growth opportunities, improve the customer experience, and build customer loyalty.
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As the global threat landscape shifts, so does Kaspersky Lab. Moving from its traditional cybersecurity focus, Kaspersky now is honing in on fraud prevention. Emma Mohan-Satta describes this shift and what it means for security and anti-fraud leaders.
In light of the sophisticated phishing campaigns by Pawn Storm and other groups, organizations must devise new ways to fight these threats, says Jon Clay of Trend Micro.
As the global threat landscape shifts, so does Kaspersky Lab. Whereas Kaspersky Lab traditionally has been known for its cutting-edge research on threat trends and malware evolution, now the focus is expanding to encompass the new types and vectors of fraud impacting enterprises, says Emma Mohan-Satta, a Fraud...
If you're thinking, "Mobile threats and malware are still in their infancy and the risk isn't significant enough yet," it's time to think again. The rise of advanced, PC-grade mobile malware, innovative fraud schemes, such as SIM swap fraud, and fraudsters' increasing use of mobile devices in cross-channel attacks...
Former FBI Director James Comey trickled out new details during a Senate Intelligence Committee hearing about what the FBI knew and when regarding Russia's alleged cyber intrusions. We've rounded up the details.
A cyber-espionage campaign apparently linked to Russia has targeted more than 200 people in 39 countries and leaked victims' stolen information - sometimes in altered form - as part of a disinformation campaign, according to privacy researchers at Citizen Lab.
Three Nigerian nationals who were convicted of a range of charges - including identity theft and payment card fraud - have been sentenced in the U.S. to serve up to 115 years in jail. Prosecutors says they were part of a "large-scale international fraud network" and involved in so-called "romance scams."
A new phishing site just popped up targeting your online banking customers. Many of your end users who land on the page won't realize they're about to disclose their login or payment card information to fraudsters.
How can you help your customers before they disclose their credentials?
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In a rare acknowledgment of a data breach by an Indian company, online restaurant guide and food ordering service Zomata says 17 million users' email addresses and hashed passwords were stolen from its database. The company was hacked by a white-hat hacker back in 2015.
Hackers have reportedly exploited the SS7 mobile telecommunications signaling protocol to drain money from online bank accounts used by O2 mobile phone subscribers. Despite rising security worries relating to SS7, many telcos have yet to explore related fixes.
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