Account takeover continues to be a lucrative path for fraudsters across all industry sectors. But Scott Olson of iovation says there are different levels of defense that can be deployed, based on the risk of specific types of transactions.
Researchers at the security firm Doctor Web have uncovered a fake website for a VPN provider that's designed to spread a Trojan that can steal credentials to bank accounts.
This edition of the ISMG Security Report discusses the latest improvements in deception technology and how best to apply it. Also featured: a report on the growth of mobile fraud, plus insights on Merck's experience recovering from a NotPetya attack.
Protecting your enterprise from breaches and account takeovers has never been a bigger challenge. New tools make it possible for even unsophisticated actors to perform advanced, widespread attacks that put your organization at risk. According to the 2019 Verizon Breach Report, stolen credentials are the leading attack...
The scary fact is that human error is a contributing factor in more than 90% of breaches. With so many technical controls in place hackers are still getting through to your end users, making them your last line of defense. How are they so easily manipulated into giving the bad guys what they want? Well, hackers are...
Fraudsters continue to get new tricks up their sleeves. Criminals are increasingly using Apple Pay, setting up mobile call centers to socially engineer victims as well as tricking consumers via fake e-commerce sites that never fulfill orders, fraud-fighting experts warn.
Déjà vu basic cybersecurity challenge all over again: With the U.S. government warning that geopolitical tensions could trigger wiper-attack reprisals, security experts review the basic anti-wiper - and anti-ransomware - defenses organizations should already have in place.
An Account Takeover (ATO) attack is exactly
what it sounds like: a bad actor acquires an
authorized user's login credentials, most
often by leveraging reused or similar passwords from previously breached sites.
With millions of usernames and passwords
stolen each year, ATOs are more common than
ever. Yet a...
Law enforcement agencies in the U.S. and Europe have disrupted a malware attack platform called GozNym. Six suspects have been arrested in four countries and face local prosecution on fraud, money laundering or malware-writing charges. Five Russian suspects remain at large.
Among the top new spear-phishing threats to
enterprises: Extortion.
This whitepaper outlines the top three spear-phishing threats and new strategies to defend against them.
Download this whitepaper to learn more about:
Insights from the latest report on spear-phishing;
Why top threats are so successful;
New...
The advent of faster payments has helped accelerate authorized push payment fraud schemes in which victims are defrauded under false pretenses. Banking regulators are responding to the trend, and Rob Tharle of NICE Actimize offers advice for multilayered defense.
Tharle, a Fraud and Authentication Subject Matter...
Google's latest security feature enables the use of Android phones as a security key, eliminating the need for a separate token or hardware device. The free feature is potentially more appealing that Google's Titan security keys, which cost $50.
Do real-time payments inevitably lead to real-time fraud? Debra Geister of NICE Actimize describes some of the fraud challenges of moving to faster payments.
Some 96 percent of all compromised payment cards have been issued by U.S. banks, reflecting not only the prevalence of credit cards held by Americans, but the relative ease with which they can be used for fraud, says Liv Rowley, a threat intelligence analyst at Blueliv.
As fraud has shifted over the past decade from basic account takeover to synthetic identities and new account fraud, so has the field of identity protection evolved. Tom Thimot and George Tubin of Socure say they are here to disrupt the industry.
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