The U.S. Internal Revenue Service says it will pull back plans to use facial recognition for authentication of new users of its online accounts. The move comes amid concerns from Congress members and privacy advocates about cybersecurity, software bias and third-party transparency issues around the IRS' proposal to...
With the rapid changing threat landscape, protecting your enterprise from breaches and account takeover fraud has never been a bigger challenge.
Retail and merchant fraud teams have the challenges of understanding customer identities and human behaviors regardless of how many devices, accounts, profiles, and...
We thought it was bad enough when traditional ransomware started to steal data in its second generation of evolution, now dubbed "double extortion". The third stage of ransomware is beginning to happen now and will make us wish for the good, old days of Ransomware 2.0.
Attend this presentation to learn how...
New York State Attorney General Leticia James detailed a credential stuffing investigation that showed the compromise of 1.1 million user accounts linked to "well-known" retail operations. The 17 companies involved reportedly agreed to put new measures in place to mitigate cyber risks.
In a series of crypto giveaway scams, cybercriminals targeted the official Twitter accounts of the Indian Medical Association, the Indian Council of World Affairs and Mann Deshi bank. The incidents highlight why social media accounts need better access management strategies.
In the latest weekly update, four editors at Information Security Media Group discuss important cybersecurity issues, including how the ransomware-as-a-service model shifted in 2021, the rise of fraud in faster payments and how to prevent it, and one CISO's take on the state of the industry.
F5 Shape Security provides real-time monitoring & intelligence that protects firms from both human and bot-driven fraud before they can impact their businesses, all without disrupting the customer experience.
Forrester found in their survey that organizations that deployed Shape Security improved bot blocking by up...
F5 Shape Security provides real-time monitoring and intelligence that protects firms from both human and bot-driven fraud before they can impact their businesses, all without disrupting the customer experience.
Forrester found in their survey that organizations that deployed Shape Security improved bot blocking by...
Indian Prime Minister Narendra Modi's official Twitter account was compromised - for the second time - as part of a cryptocurrency scam. The account was "immediately secured" by Twitter, according to a tweet by the PM’s Office. Cyberlaw experts discuss where the onus of protection lies.
Advanced voice impersonation and deepfake technologies are giving rise to cybercrime groups that offer Vishing-as-a-Service, security researchers say. Vishing is proving to be successful in tricking victims and bypassing voice authorization mechanisms.
In the latest weekly update, four editors at Information Security Media Group discuss important cybersecurity issues, including how the FBI has seized bitcoins from an alleged REvil ransomware affiliate, how to mitigate risks from BIN attacks and the latest COVID-19 trends globally.
Ransomware attackers commonly bypass traditional email gateways, targeting people directly to gain access to a company's systems. The answer? Replace these porous controls with a people-centric security strategy, says Matt Cooke of Proofpoint.
A newly identified banking Trojan dubbed SharkBot is now targeting banking and cryptocurrency exchange customers across the U.K., Italy and the U.S. through a sideloading campaign and/or a social engineering campaign.
There’s no question 2020 and 2021 have brought unanticipated changes and challenges for Financial Services and beyond. The notable surge in consumers’ use of websites and mobile apps for their banking transactions and service interactions exposed critical gaps in digital identity and authentication methods. These...
Organized networks continue leveraging specific threat vectors to successfully target key customer interaction points. Balancing convenience and safety across the customer journey begins with dynamic interaction and behavior intelligence. Is your current fraud strategy designed to keep pace?
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