Signal says 1,900 of its customers have been affected by the recent phishing attack on its third-party vendor Twilio. Signal says phone numbers and SMS verification codes of 1,900 customers are compromised, potentially transferring access of these accounts to the attackers.
The adoption of digital platforms shows no signs of slowing down as consumers embrace the convenience of mobile channels in Asia-Pacific region. What has also become clearly apparent from analysis of the LexisNexis® Digital Identity Network®, is that fraud is on the rise as consumer confidence returns.
In...
Fraudsters have one key aim: to make the most money with the least effort.
The types of fraud consistently evolve to pick off the easiest targets. As digital identity and transaction monitoring solutions have become more advanced, fraudsters have faced an increasingly robust barrier to brute force account takeover...
By all accounts, Buy Now, Pay Later stands to be one of the
biggest disruptors the credit landscape has seen
in years. With the market expected to surpass $179
billion by the end of 2022, the opportunities for
growth are enormous. This also means fraudsters are taking note as the industry is trending in the...
Sandy Carielli, principal analyst at Forrester, shares research on the latest bot management trends. Forrester found that while bots affect security, e-commerce, marketing, fraud and other teams, security professionals are still the most common bot management users.
It should come as no surprise that email remains the most popular way to communicate in business, and it’s why many cyberattacks target email. Email security needs to be an essential part of an organization’s cybersecurity policy. Not only are email attacks popular, but there are many ways to achieve an email...
The accelerated shift to digital banking has led to a surge in online fraud of all types. Recent studies have shown that 33% of U.S banks’ fraud costs in 2021 came from online banking – a 26% increase from 2020. The increased complexity, volume, and speed of today’s online transactions mean that organizations...
Canada's Desjardins Group has reached an out-of-court settlement to resolve a data breach class action lawsuit. The breach, which the credit union group first disclosed in 2019, traced to a "malicious" insider who for 26 months had been selling personal details for 4.2 million active customers.
in the Frost Radar™ US Healthcare Cybersecurity Market
More than 90% of all healthcare organizations reported at least one security breach over the last 3 years. Robust cybersecurity has become a top priority and an essential requirement for all C-level healthcare executives. The most crucial challenges related to...
If you think the only way your network and devices can be compromised via email is phishing, think again!
A majority of data breaches are caused by attacks on the human layer, but email hacking is much more than phishing and launching malware. From code execution and clickjacking to password theft and rogue forms,...
The FBI is warning the U.S. higher education sector about compromised sensitive credentials and network access information advertised for sale across various public and dark web forums. The agency states that this access to credentials could potentially lead to a cyberattack.
Police in Nigeria this week arrested a 37-year-old man who's been charged with masterminding "a criminal syndicate tied to massive business email compromise and phishing campaigns," Interpol says. But with known BEC losses last year exceeding $2.4 billion, will the arrest have a noticeable impact?
Crowdsourced security has its roots in the bug bounty movement, which emerged years ago. Since then, it's become much more versatile, enhancing numerous security workflows (pen testing, ASM, etc.), and for many adopters, joining the mainstream development lifecycle.
In this webinar, you'll learn:
About integrating...
In the today’s digital world, when so much of our lives are online, identity verification and authentication are critical to addressing fraud-related risk management challenges. To prevent fraud and protect your business and your customers, you must be certain the people you are dealing with are who they represent...
In the today’s digital world, when so much of our lives are online, identity verification and authentication are critical to addressing fraud-related risk management challenges. To prevent fraud and protect your business and your customers, you must be certain the people you are dealing with are who they represent...
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