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NEWS & INDUSTRY UPDATES
In one attack, the cybercriminals found an employee via the company’s chatroom and then convinced them to log into a fake VPN page to reveal their credentials. [Read More]
Going after high profile victims appears to have allowed Ryuk ransomware operators to build a highly lucrative malware enterprise. [Read More]
The carding shop says it plans to close operations on February 15, 2021. [Read More]
The company sued two individuals for using browser extensions to scrape user profiles and other information from its website. [Read More]
Equifax will acquire Kount for $640 Million to expand its worldwide footprint in digital identity and fraud prevention solutions. [Read More]
Trend Micro warns that a previously unknown threat actor is targeting multiple organizations, including government entities, research institutions, and universities in Taiwan. [Read More]
New ransomware using strong encryption scheme to prevent decryption of hijacked data. [Read More]
The combined entity offers more than a half-dozen security solutions for data security risk detection and cyber-attack protection, response, and recovery. [Read More]
The business communications platform acknowledged an “incident” causing major disruptions to cybersecurity teams around the world. [Read More]
U.S. Treasury FinCEN alert warns financial institutions of COVID-19 vaccine-related fraud, ransomware, and other cyberattacks. [Read More]
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FEATURES, INSIGHTS // Fraud & Identity Theft
For any fraud detection solution to be practical, it must be easily integrated into security and fraud operations.
Facts, data, and evidence are extremely important to properly detecting, preventing, and investigating both security incidents and fraud incidents.
Playing whack-a-mole with malicious code infections, phishing sites, and compromised credentials won’t help an enterprise reduce losses due to fraud.
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.
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- Chipmaker Intel Corp. Blames Internal Error on Data Leak
- SonicWall Says Internal Systems Targeted by Hackers Exploiting Zero-Day Flaws
- Microsoft Edge Adds Password Generator, Drops Support for Flash, FTP
- Biden Orders Intelligence Agencies to Assess SolarWinds Hack
- Intel's Early Earnings Release Triggered by Hack
- Sophos: Crypto-Jacking Campaign Linked to Iranian Company
- QNAP Warns NAS Users of 'dovecat' Malware Attacks
- Thousands of Unprotected RDP Servers Can Be Abused for DDoS Attacks
- Enterprise Credentials Publicly Exposed by Cybercriminals
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