How could attackers trick you, an intelligent professional, into handing over company funds?
They impersonate someone you know and trust.
According to the FBI's latest BEC/EAC alert, businesses worldwide experienced a 2,370% increase in actual and attempted dollar losses from BEC/EAC scams between January 2015...
Phishing, spearphishing, CEO Fraud/Business Email Compromise (BEC) and ransomware represent a group of critical security threats that virtually every organization will encounter at some point - and most already have. The logical evolution of phishing are increasing rapidly and costing organizations hundreds of...
Card issuers can view the merchants with whom a cardholder does business, the frequency of a cardholder's purchases, and the devices and IP addresses associated with that specific card. While this allows them to understand and assess certain patterns of behavior for individual cardholders, it restricts analysis to the...
When cardholder transaction and device data are disconnected, the potential for card issuers to more accurately detect and flag instances of fraud remains untapped. And as the connectivity of information in the real world continues to increase, so will related risks from fraudsters if issuers continue to rely solely...
Attackers are increasingly hacking into banks' networks to gain access to the IT infrastructure connected to their ATMs, security experts warn. Attackers push malware onto ATMs that's designed to allow money mules to "jackpot" or "cash out" the machines, then delete itself.
Fast-food chain Sonic Drive-In is investigating a potential breach involving customers' payment card data. Its alert follows a large, potentially related batch of stolen card data appearing for sale on a cybercrime "carder" marketplace called "Joker's Stash."
It's the age of "open banking," and that means changes for banking institutions and their customers - as well as for the fraudsters. Shaked Vax of IBM Security Trusteer talks about new vulnerabilities and anti-fraud strategies.
Researchers investigating the CCleaner malware outbreak have had a lucky break: The attackers' backup server shows that they pushed secondary malware onto systems at Intel, VMware, Fujitsu and Asus, among others, as part of what appears to be a very targeted attack campaign.
Dharshan Shanthamurthy, CEO of SISA Information Security Worldwide, discusses new ways of assessing the risks involved in online and mobile payments to help reduce fraud.
All the key players of a company's management group, including the CISO, need to be involved in the decision about whether to invest in cyber insurance, says Greg Markell of Ridge Canada Cyber Solutions, a cyber insurer.
Summit Credit Union of Wisconsin is seeking class-action status for a lawsuit against credit bureau Equifax. The credit union contends it will have to bear the fraud costs resulting from Equifax exposing a massive amount of U.S. consumer data in one of the worst data breaches ever seen.
Freedom of Information requests sent to 430 U.K. local government councils by Barracuda Networks found that at least 27 percent of councils have suffered ransomware outbreaks. Thankfully, almost none have paid ransoms, and good backup practices appear widespread.
An attack campaign involving a trojanized version of the CCleaner Windows utility, built and distributed by British developer Piriform, was much more extensive than it first appeared and may have installed backdoor software on endpoints at hundreds of large technology firms.
A federal judge Tuesday dismissed three of six counts in a complaint filed by the U.S. Federal Trade Commission against IoT manufacturer D-Link that alleges its sloppy security practices deceived consumers. The FTC has until Oct. 20 to amend the complaint.
Mobile malware threats are surging in India. For example, about 40 percent of all the attacks involving Xafecopy malware were targeted at the nation. The increasing attacks on mobile phones have called attention to the need to boost awareness of mobile security and take critical mitigation steps.
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