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NEWS & INDUSTRY UPDATES

The popular darknet marketplace AlphaBay was until recently affected by a vulnerability that exposed its users’ private messages [Read More]
Western Union admits failing to maintain anti-money laundering program and facilitating wire fraud, and agrees to pay $586 million to settle charges [Read More]
The number of data breaches disclosed in the United States increased by 40 percent in 2016 compared to the previous year, said ITRC and CyberScout [Read More]
24-year-old man from North Carolina pleads guilty to hacking the online accounts of U.S. government officials [Read More]
The reports that a hacker breached FBI systems using a Plone zero-day exploit are likely false, said the developers of the CMS [Read More]
Security flaws in travel booking systems expose passenger information and open the door for fraud, researchers warn [Read More]
Russian cybercriminals can earn up to $5 million per day using a bot farm that powers a massive ad fraud operation [Read More]
AlphaBay vendor IcyEagle – real name Aaron James Glende – sentenced to 50 months in prison for selling stolen bank account information [Read More]
Scores of customers from UK food delivery service Deliveroo have recently been charged for food they didn't order; food that was actually delivered to complete strangers. [Read More]
Information security giant Symantec said on Monday that it will acquire identity protection firm LifeLock for $2.3 billion. [Read More]

FEATURES, INSIGHTS // Fraud & Identity Theft

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Idan Aharoni's picture
To maximize profits, fraudsters need to do a lot of learning. They can either learn techniques of areas they haven't focused on yet, learn better techniques in the field they already specialize in, or learn new cover stories to improve the techniques they already use.
Idan Aharoni's picture
The worlds of counter terrorism and fraud prevention should increase their ties. Systems that are already implemented in one world may be applied to the other. Solution providers and policy makers from both worlds need to meet up and share ideas, thoughts and experience for the benefit of both.
Idan Aharoni's picture
A bank that will fail to give fraud departments the power to make the necessary changes to its internal processes, may end up in a situation where everyone knows how and why fraudsters are stealing money from their bank – yet nothing can be done to stop it.
Robert Vamosi's picture
Some newer POS systems in the US have built-in authentication systems designed to protect merchants against the addition of fraudulent PIN pads. Should PCI now require retail businesses to upgrade to newer and better technology?
Idan Aharoni's picture
Unlike real-world dumpster diving, "electronic dumpster diving" can enable cybercriminals to access all the documents currently held by the user, not just those that were thrown away.
Noa Bar-Yosef's picture
Second column in a series describing the hottest commodities found in underground markets. We continue to explore the trending “commodities” in these markets and how to protect from your data being exchanged in these markets.
Christopher Justice's picture
To mitigate data security risks at the Point of Sale (POS), retailers are building and implementing technical control systems to monitor data traffic and tokenizing and encrypting data, to increase security. But often times, simple preventative solutions are taken for granted and get lost in all of the rhetoric.
Idan Aharoni's picture
While fraudsters may be equal in terms of rank, when it comes to sophistication – they are not. Much like in the hacking community, the higher the sophistication level of individuals, the lesser they are in numbers.
Mike Lennon's picture
Enjoy this selection of top picks for 2010, listed in no particular order. Happy New Year!
Tom Grubb's picture
The day after Twin Towers fell, all kinds of security measures changed and new ones were implemented overnight. Is there a Web identity 911 equivalent wake-up call coming—a single event that will suddenly jolt us into enforced standards overnight?