Indian IT service firm Wipro on Tuesday said that it has detected abnormal activities on some of its employee accounts due to an advanced phishing campaign. An investigation is continuing, the company confirms.
Microsoft says intruders targeting its email services had access to email content for a single-digit percentage of the overall affected accounts, a more serious conclusion than first thought. But the company hasn't released many details, including the total number of accounts affected.
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.
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...
In an all-digital world, ID theft is everywhere and is holding companies back. Companies in every industry are seeing a very real and significant impact on their goals. ID fraud isn't just a nuisance; it's a true threat to the business. Traditional identity verification (IDV) methods are increasingly compromised and...
When it comes to user onboarding, there's a tension between security and convenience. Try to shortcut security, and you'll pay the price. But add too much friction and you'll struggle to scale. So how can you optimize your user experience to introduce just the right amount of 'friendly' friction and unlock...
Identity theft is the fastest growing crime in the US. Globally, 1 in 60 online transactions are fraudulent. And if you don't know who your customers are, you can't onboard them to your platform.
Download this ebook to learn more about the future of digital onboarding.
WikiLeaks founder Julian Assange's hacker roots and nontraditional approach to journalism may prove damaging following his arrest on Thursday. He's been charged with one count of conspiracy, but U.S. prosecutors still have time to file more serous charges pending his extradition from the U.K.
Two Romanian nationals have been convicted by a federal jury for their roles in stealing more than $4 million from victims by creating a botnet of more than 400,000 PCs through custom-designed malware called Bayrob.
The healthcare sector was the No. 1 target for major data breaches last year, according to a new report. And the No. 1 cause of breaches in all sectors was phishing. What can be done to prevent these incidents?
Machine learning is one of the tools that you should be using as part of a multifaceted fraud strategy at financial institutions. To get value out of ML, you need to have multiple inputs. You have to have an intelligence network and the location to gather all that network intelligence.
Download this eBook on the...
Several dark web marketplaces are now advertising tax information. The data includes previous years' W-2 forms, form 1040 information and SSNs, among other information. This evolution in tax fraud and tax identity theft is congruent to various dark web economies, including ransomware.
Download this research report...
Spear phishing is among the most dangerous cyberthreats - and the most difficult to detect. Not long ago, C-level executives were the sole target. Today, any person at any company is at risk of receiving targeted emails attempting to trick them into completing wire transfers, purchasing gift cards or fulfilling other...
FIN6, a cybercrime group that has focused on attacking point-of-sale devices to steal credit card numbers, now also is waging ransomware attacks that target businesses with either LockerGoga or Ryuk, according to a new analysis from security firm FireEye.
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