Police say they have disrupted Sky ECC - a global encrypted communications network allegedly used by numerous criminals to plan their operations - and made numerous arrests. Authorities say starting in February, they "unlocked" 3 million messages exchanged daily by the service's 170,000 users.
At the heart of every cyberattack is an element of social engineering. From more common attacks, such as phishing, to more sophisticated attacks, such as authorized push payments and voice scams, cybercriminals have impersonation of our most-trusted institutions down to a science. This e-book explores how behavioral...
Digital channel adoption is soaring, yet fraud remains a persistent problem that continues to chip away at the bottom line. Developing an effective payment fraud management strategy remains a challenge as stakeholders across the business often have conflicting priorities of how fraud should be managed at the...
Russian hackers apparently weren't the only ones targeting SolarWinds customers. An attack last year by the Spiral hacking group, believed to be based in China, against one organization used malware that targeted a vulnerability in SolarWinds' Orion software, according to the Secureworks Counter Threat Unit.
A new phishing campaign distributes ZLoader malware using advanced delivery techniques that demonstrate sophisticated understanding of Microsoft Office document formats and techniques, the security firm Forcepoint X-Labs reports.
In financial services, there is a stark difference between defending against authorized versus unauthorized fraud incidents. James Hunt of Bottomline Technologies discusses the schemes and how to respond with a more dynamic prevention strategy.
The mobile channel saw great user adoption in 2020 – and it saw a corresponding increase in fraud incidents. Tim Dalgleish of BioCatch discusses mobile fraud trends and the role of behavioral biometrics in enhancing user authentication.
In this interview with ISMG, Dalgleish discusses:
Mobile adoption and fraud...
Cyberattacks can cause devastating
business disruptions and lead to
financial losses reaching hundreds
of millions of dollars.
The World Economic Forum’s 2020 Global Risk Report ranked
cyberattacks causing disruption to operations and critical infrastructure
among the top five increasing global risks....
Cyber-criminals have become thoughtful about ransomware attacks; taking time to maximize your organization’s potential damage and their payoff. Protecting your network from this growing threat is more important than ever. And nobody knows this more than Roger Grimes, Data-Driven Defense Evangelist at KnowBe4.
Jamil Farshchi has been there. As CISO of Equifax, he knows what it’s like to be a victim of a high-profile cyberattack. And he knows breached companies have a choice: "Are they going to be a force for good by helping the rest of the industry learn from their experience?"
Prolific Ryuk ransomware has a new trick up its sleeve. "A Ryuk sample with worm-like capabilities - allowing it to spread automatically within networks it infects" was recently discovered during an incident response effort, warns CERT-FR, the French government's computer emergency response team.
A cryptomining botnet campaign is using bitcoin blockchain transactions to hide command-and-control server addresses and stay under the radar, defeating takedown attempts, according to security firm Akamai.