Leading the latest edition of the ISMG Security Report: A preview of next week's Fraud and Breach Summit in Chicago, which will feature keynoter Brett Johnson, a former cybercriminal who now advises organizations on fighting crime.
Just one click: That's all it takes for a victim to inadvertently grant attackers access to their email account via a third-party application. Here's how to spot signs of OAuth-related hacking and how to defend against it.
Over the past year, financial services organizations have seen an 87% increase in credential leakage, 149% increase in stolen credit cards, 151% increase in cyberattack indications and 49% increase in fake social media accounts. In addition, state-sponsored APT groups (with little to no financial motivation) have...
Leading the latest edition of the ISMG Security Report: An analysis of how distraction tactics were used during a $10 million SWIFT-related hack at Banco de Chile. Also, a wrapup of Infosecurity Europe.
Phishing remains the top attack vector, and an organization's people of course remain the top target. But how can these same people be leveraged as a key component in your anti-phishing defense? Kurt Wescoe of Wombat shares insight.
Banco de Chile has become the latest victim of a SWIFT-related malware incident. Attackers first corrupted thousands of PCs' master boot records as a distraction. Then they used fraudulent SWIFT messages to steal $10 million.
South Korean cryptocurrency exchange Coinrail says hackers stole 30 percent of all of the cryptocurrency tokens it was storing, but many have been successfully frozen or recalled. Security experts say cryptocurrency exchanges remain poorly secured, so they're popular targets for hackers.
Although all the major credit card brands have dropped the requirement for obtaining signatures to verify point-of-sale transactions made with EMV payment cards, they're not pushing strongly for using PINs instead, leaving that authentication decision to card issuers, says Linda Kirkpatrick of Mastercard.
Leading the latest edition of the ISMG Security Report: Our exclusive report on an Australian criminal investigation into a company that apparently swiped cryptocurrency using a software backdoor. Also, cutting through the hype on artificial intelligence and machine learning.
Organizations in various industries are under increased pressure to identify subtle patterns that indicate fraud before customers are targeted by threats including account takeover, identity theft, and application fraud.
Companies have turned to Machine Learning (ML) to stay ahead of the next generation of...
Companies offering cybersecurity products are using the terms "artificial intelligence" and "machine learning" in many different ways. But the real meanings of the terms are far more nuanced than marketing hyperbole would lead us to believe, says Grant Wernick of Insight Engines.
New York-based SeatGeek, a ticket search engine that enables customers worldwide to search for, find, and purchase tickets to countless events from multiple sources - all in one spot, was looking for a strategic and effective way to predict fraud trends while identifying legitimate users.
That is when they turned to...
Restaurant reservation service OpenTable aims to create an amazing dining experience for its millions of users.
Sift Science enabled OpenTable to scale a highly successful digital gift cards program without increasing risk.
Read the case study to learn how to:
Limit manual review;
Move from a manual...
A travel company that sells online undoubtedly encountered the flip side of enabling convenient and engaging features like last-minute bookings and streamlined checkout. Fraud and abuse threaten to run rampant.
If you mistakenly allow a bad actor to buy something, create a fake account, or compromise a good user's...
Traveloka is one of the fastest growing tech companies in Southeast Asia that provides travel booking services for domestic and international destinations. Traveloka focuses on helping customers book flights and hotels quickly, easily, and economically.
Traveloka wanted a smart fraud solution that could reduce their...