A Russian national charged in connection with co-creating the Infraud Organization's online cybercrime forum that sold stolen payment card data and was tied to $530 million in fraud losses has pleaded guilty.
Eight U.S. cities recently had payment card data stolen via point-of-sale skimming malware on their Click2Gov online payment platforms, according to Trend Micro, which says five of those cities had already been victims of similar Magecart-style attacks in recent years.
Troy Leach of the PCI Security Standards Council discusses how the shift to card-not-present transactions during the COVID-19 pandemic has created new fraud-fighting challenges and offers an update on pending standards revisions.
Without ever confronting an organization's email perimeter, it's easy for cybercriminals to impersonate a brand on the internet. Even unsophisticated attackers can spoof your email domain or host a fake website designed to trick customers, suppliers and employees. Join us to learn about the tactics cybercriminals are...
The FBI is warning that cybercriminals and fraudsters are increasingly targeting mobile banking apps with malware in order to steal credentials and conduct account takeover attacks. The shift to mobile banking has increased since the COVID-19 pandemic.
Addressing digital payment security challenges requires having good identity verification capabilities as well as a strong authentication process that's friction-free for consumers, says Singapore-based Gautam Aggarwal, senior vice president and regional chief technology officer, Asia Pacific, at Mastercard.
The shift to working from home during the COVID-19 pandemic has led to an increase in mobile phishing campaigns, with attackers targeting remote workers whose devices lack adequate security protections, according to the security firm Lookout. Many of these campaigns are designed to steal users' banking credentials.
A New York City man is facing federal charges after FBI agents arrested him at John F. Kennedy Airport with a PC allegedly containing thousands of stolen credit card numbers. Prosecutors also believe the suspect used bitcoin to launder illicit funds.
The FBI has arrested another alleged member of the FIN7 cybercrime gang, which has been stealing millions of payment cards and other financial data since at least September 2015. It's the fourth arrest of those tied to the group.
Anubis, one of the most potent Android botnets, apparently is getting a refresh a year after its source code was leaked, security researchers say. The changes could help fraudsters more closely monitor activity on hacked devices.
The latest edition of the ISMG Security Report analyzes the many challenges involved in developing and implementing contact-tracing apps to help in the battle against COVID-19. Also featured: A discussion of emerging privacy issues and a report on why account takeover fraud losses are growing.