Criminal hackers are targeting South Koreans with an Android Trojan that dupes victims into handing over payment card data by faking phone conversations with lenders. Developers are using "several unique evasions that we had not previously seen in the wild," Check Point researchers write.
The latest IBM Cost of a Data Breach report highlighted that 19% of total data breaches are due to compromised and stolen credentials, resulting in $4.5 million in losses, and 40% of ransomware attacks start through email. So how do you protect this vital communications channel?
Security leaders have many options...
Banking Trojans, ransomware, fake finance apps programmed to steal data - the cybercriminal cartels have become more punitive in 2023, escalating destructive attacks on financial institutions. This is just one key finding of the annual Cyber Bank Heists report by Contrast Security's Tom Kellermann.
Meta's popular social media platforms are increasingly being targeted by cybercriminals, and account takeover complaints rose over 1,000% last year. This social threat is spilling over into banks and government agencies, and experts criticize Meta for moving too slowly to address security issues.
Expel has released its latest quarterly threat report, which looks at continued identity-based attacks and the impact of MFA fatigue. Jon Hencinski shares insights on attack trends, gaps in compensating controls and what to look for in pre-ransomware activity.
Application fraud has spiked - particularly bogus new accounts - and organizations are scrambling to improve fraud detection mechanisms without negatively affecting the legitimate customer's experience. Robin Love of Early Warning shares insights on how to better predict new account risk.
Banks are getting better at catching a wide range of scams targeted at customer accounts, but they are still struggling with stopping authorized payment fraud through peer-to-peer payment companies such as Zelle, says David Pollino, former divisional CISO with PNC Bank.
Join us for an informative webinar session as we dive into the hard truth of phishing attacks. Phishing has evolved to be more precise and deceptive than ever before, with the influx of mobile devices, screen sizes and many other sophisticated schemes tricking users into divulging information that can compromise...
Join us for an informative webinar session as we dive into the hard truth of phishing attacks. Phishing has evolved to be more precise and deceptive than ever before, with the influx of mobile devices, screen sizes and many other sophisticated schemes tricking users into divulging information that can compromise...
With fraudsters evolving their tactics and tricking a growing number of people with authorized payment scams, it's time for banks and security solution providers to explore new ways to protect consumers who are left holding the bag, says Ian Mitchell, managing partner at Omega FinCrime.
Fraudsters are using tried-and-true tactics such as check washing as well as Zelle scams and a host of insider threats to scam banks and their customers. Frank McKenna, chief fraud strategist at Point Predictive and author, explains why fraud is on the rise and the steps banks can take to stop it.
Cloud collaboration suites like Microsoft 365 are critical to business success, but have become significant entry points for potential exploitation. Just as your team relies on email and collaboration tools to accomplish their goals, so too do sophisticated threat actors. And while the built-in security of Microsoft...
Attackers are attempting to reset the passwords of some DigitalOcean customers, the cloud infrastructure provider says. The email addresses of these customers were likely exposed in a data breach involving Mailchimp, which provided transactional email services for DigitalOcean.
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.
An updated version of the Russian-linked SOVA Android Trojan is back with updated attack techniques targeting more than 200 mobile applications, including banking apps and crypto exchanges/wallets. Researchers at Cleafy uncovered that the Trojan now also features ransomware capabilities.
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