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LATEST SECURITY NEWS HEADLINES
NEWS & INDUSTRY UPDATES
NortonLifeLock has released the beta version of BotSight, a free browser extension that allows Twitter users to easily identify bots on the social media platform. [Read More]
Nigerian cybercriminals specialized in BEC attacks were observed leveraging COVID-19 lures in recent attacks on healthcare and government organizations. [Read More]
European authorities say they have dismantled the “InfinityBlack” cybercrime group after arresting several individuals in Poland and Switzerland. [Read More]
Individuals and criminal organizations have taken immediate advantage of the COVID-19 pandemic to find new ways of making money, says Europol, citing a spike in counterfeiting and cybercrime. [Read More]
Google said Thursday its task force devoted to fighting "bad" ads hawking bogus coronavirus cures, illegitimate unemployment benefits and overpriced medical supplies had blocked tens of millions of messages. [Read More]
A piece of Android ransomware uses a scareware tactic to extort money from victims: it asks them to provide their credit card information to pay a fine. [Read More]
Google this week announced a new set of rules for its Chrome Web Store, meant to ensure that developers don’t spam users with extensions that have similar functionality. [Read More]
A collection of approximately 400,000 payment card records, mainly from South Korea and the United States, has emerged on the dark web this month. [Read More]
Cybercriminals are taking advantage of the pandemic, including hackers who target hospitals and medical research institutions that are studying the coronavirus, said the head of the FBI’s cyber division. [Read More]
A Connected TV (CTV) ad fraud operation managed to generate as much as 28% of the CTV traffic observed in January 2020 by White Ops. [Read More]
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FEATURES, INSIGHTS // Fraud & Identity Theft
Although robocalls are a pain for many of us, action is being taken to bring the problem under control.
Organizations may not be able to mitigate BEC scams entirely; however, tightening up processes will ensure data exposure is kept to a minimum.
The abundance of compromised card data and other assets available online continues to hinder the fight against card-not-present (CNP) fraud.
Even organizations with the most robust defense solutions and advanced automated technologies cannot effectively combat threats such as BEC without the adequate support and nuanced expertise of humans.
While a credit freeze can protect against the opening of fraudulent credit accounts, it is not an inoculation against identity theft. What can be done to help protect identities and the attributes associated with them?
The attackers may be looking for the path of least resistance, but there is no shortcut to securing your platform.
In addition to basic credit monitoring, breached companies need to get ahead of the attacks and start providing security solutions that actually protect the victims before they are victimized again.
While effective at curbing “petty crimes” such as credit skimming / cloning, EMV does not address more sophisticated cyber-attacks that target backend systems which contain card holders’ most sensitive information.
Many fraudulent accounts are mere satire or innocuous trolling, but others are created with far more devious intentions.
Social engineering attacks can happen at any time. Here are some strategies you can use to help reduce the chances of a successful social engineering/phishing attack you or your organization.
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- French Virus Tracing App Goes Live Amid Debate Over Privacy
- Several Exim Vulnerabilities Exploited in Russia-Linked Attacks
- Android's June 2020 Patches Fix Critical RCE Vulnerabilities
- VMware Cloud Director Vulnerability Has Major Impact for Cloud Providers
- Microsoft Sponsors 2020 Machine Learning Security Evasion Competition
- IP-in-IP Vulnerability Affects Devices From Cisco and Others
- Apple Patches Recent iPhone Jailbreak Zero-Day
- Hackers Leak Data Stolen From UK Electricity Market Administrator Elexon
- Hackers Disrupt Minneapolis Systems, But No Evidence of Breach
- Zscaler Acquires Microsegmentation Firm Edgewise Networks
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