Check fraud, first-party fraud and AI-related fraud will increase on a massive scale in 2023, thanks in large part to growing insider threats and the global economic slowdown. Frank McKenna, chief fraud strategist at Point Predictive, explains how banks can prepare to tackle these types of scams.
As a security leader, you have a lot on your plate. Even as you increase your budget for sophisticated security software, your exposure to cybercrime keeps going up. IT security seems to be a race between effective technology and ever evolving attack strategies from the threat actors. However, there’s an...
Expect the recently leaked database containing over 200 million Twitter records to be an ongoing resource for hackers, fraudsters and other criminals operating online, experts warn. Though 98% of the email addresses have appeared in prior breaches, bad actors can merge databases and do more damage.
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.
ChatGPT, an AI-based chatbot that specializes in dialogue, is raising concern among security professionals about how criminals could use cheap, accessible natural language AI to write convincing phishing emails and pull off nefarious deepfake scams. Peter Cassidy discusses the implications.
Everyone knows why criminals rob banks. But since most robbers are operating remotely, which tactics are cybercriminals actually employing and how often are they successful? Too often, it seems, thanks to phishing attacks, money laundering, ATM skimmers, malware and more.
The attack earlier this year that compromised systems and data at LastPass is more extensive than the password management software provider previously revealed. LastPass says the attacker downloaded from the cloud backups of multiple users' encrypted password vaults, as well as unencrypted URLs.
Cloud email security: It involves new strategies and tools to defend against a new wave of attacks. Arun Singh of Abnormal Security discusses the latest flavor of email attacks and the new Knowledge Bases created to help enterprises increase their education and defensive capabilities.
During account registration, the authenticator generates a credential and passes the corresponding public key to the website for association with the user account.
But how do we know that it’s really our user that holds the credential and not an imposter? For instance, someone who stole the authenticator device....
The email attack vector. It may not earn much discussion, but the adversaries take full advantage of it with phishing, BEC and now email platform attacks. Mike Britton, CISO of Abnormal Security, talks about the latest threat trends and how to detect and defend against them.
In Q2 2022, Agari and PhishLabs detected and mitigated hundreds of thousands of phishing, social media, email, and dark web threats targeting a broad range of enterprises and brands. The Quarterly Threat Trends & Intelligence Report provides an analysis of the latest findings and insights into key trends shaping the...
What really makes a “strong” password? And why are you and your end-users continually tortured by them? How do hackers crack your passwords with ease? And what can/should you do to improve your organization’s authentication methods?
Password complexity, length, and rotation requirements are the bane of IT...
Security firm Group-IB has identified 34 hacking groups that are now selling a stealer-as-a-service model to spread infostealer malware and steal credentials from online gaming and payment accounts. The company advises organizations to be on the lookout for Raccoon and Redline infostealers.
There are many elements businesses can act on to enhance their cybersecurity strategy. Start by asking yourself these five questions to understand where your business stands and how you can improve.
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.
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