Fraud is currently at an all-time high, in large part due to the explosive growth of fraud rings. In a 2020 analysis, LexisNexis® Risk Solutions identified over 30,000 potential fraud rings! While the bigger, well-networked fraud rings capture most of the headlines, the majority of fraud rings are relatively small...
Unemployment fraud incidents have spiked in the past year, and high-salaried senior executives are often the fraudsters’ victims. Dr. Christopher Pierson of BlackCloak describes how these scams are pulled off, what impact they have and how the CISO can bolster defenses.
The SolarWinds supply chain attackers manipulated OAuth app certificates to maintain persistence and access privileged resources, including email, according to researchers at Proofpoint.
The Cybersecurity and Infrastructure Security Agency will soon use its new subpoena powers authorized under the 2021 National Defense Authorization Act to help in the battle against ransomware attacks and other cyberthreats, says Brandon Wales, the acting agency director.
As digital payments have skyrocketed as a result of the surge in e-commerce during the pandemic, more organizations have provided feedback on enhancing EMVCo's specifications to help fight fraud, two executives with the global technical body say.
A Russian national who co-founded the Infraud Organization's online cybercrime forum, which trafficked in stolen payment card data and was tied to more than $560 million in fraud losses, has been sentenced to serve 10 years in prison.
Four editors at Information Security Media Group - Tom Field, Anna Delaney, Mathew Schwartz and Tony Morbin - review this week’s most important cybersecurity developments, from nation-state threats and supply chain risk, to combating ransomware and adopting a zero trust strategy.
A Russian national who conspired to extort millions from electric car manufacturer Tesla by trying to plant malware in the company's network has pleaded guilty to a single federal conspiracy charge, according to the U.S. Justice Department. The FBI thwarted the plot before it could be carried out.
Hackers used Trojanized Xcode projects to install backdoors on developers' devices as part of a supply chain attack, according to security firm Sentinel Labs. Xcode is Apple's integrated development environment for macOS.
Citing national security concerns, the Federal Communications Commission is moving forward with legal proceedings to ban three Chinese-owned companies from providing telecommunications services in the U.S.
Internet-enabled crime has surged during the pandemic, with more than $4.2 billion in losses reported by victims to U.S. authorities in 2020. The most lucrative type of crime continues to be business email compromise scams, which last year accounted for at least $1.8 billion in losses, the FBI reports.
University researchers have tested a new browser-based side-channel attack technique that uses only HTML and CSS and works even if JavaScript is disabled. They shared their findings with browser providers and tech firms.
The White House on Wednesday unveiled the formation of a Unified Coordination Group to lead the government's response to attacks exploiting unpatched vulnerabilities in on-premises Microsoft Exchange email servers.
A malvertising campaign that purports to offer Telegram's desktop app for Windows is persisting. A security researcher based in Switzerland, who nearly fell for the ruse, takes a deep dive into the campaign.
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