Breach victims who sign up for free fraud-monitoring services from breached businesses that lost control of their data often sign away their right to join class-action lawsuits or pursue other legal actions, and Marriott proved to be no exception, following its mega-breach. But it now appears to be backing off.
Is there anything better than being offered one year of "free" identity theft monitoring? Regularly offered with strings attached by organizations that mishandled your personal details, the efficacy and use of such services looks set for a U.S. Government Accountability Office review.
Hackers have been plugging inexpensive hardware into banks' local area networks to help perpetrate heists that have stolen tens of millions of dollars, warns Kaspersky Lab. It says that since 2017, the "DarkVishnya" attack campaign has hit at least eight Eastern European banks.
Victims of the massive Marriott International data breach, which exposed data for 500 million customers, including some passport numbers, may be able to claim reimbursement for the cost of obtaining a replacement passport, provided they can prove it led to fraud.
Credential abuse attacks and identity theft incidents are rising, with attackers leveraging botnets to launch coordinated campaigns with high success rates, says Aseem Ahmed of Akamai Technologies, who shares best practices for mitigating the threats.
The easy availability of tools for designing face-swapping deep-fake videos drove Symantec security researchers Vijay Thaware and Niranjan Agnihotri to design a tool for spotting deep fakes, which they described in a briefing at the Black Hat Europe 2018 conference in London.
The Monetary Authority of Singapore has announced a grant program to fund up to 50 percent of the cost of certain cybersecurity projects for financial institutions. The goal is to help these institutions establish global or regional cybersecurity centers of excellence.
Thousands of emails from four senior aides within the National Republican Congressional Committee were exposed after their accounts were compromised for several months earlier this year, Politico reports. Few details have been released about the incident, which was investigated by Crowdstrike.
Because phishing attacks are so pervasive, aggressive staff educational efforts are essential, says Richard Conti of The Children's Hospital of Philadelphia, who also discusses other risk mitigation steps.
Organizations in all sectors struggle with mitigating the insider threat, but it's an acute concern in healthcare, where patients' lives are at stake. Pete Nourse of Veriato outlines specific threats to this sector.
Digital automation of all business processes globally is compelling enterprise fraud risk and vigilance teams to leverage cybersecurity tools to predict business fraud. It's critical to know how human behavioral analytics, machine learning and orchestration can play important roles.
The session addresses:
India recently witnessed a broad international attack on the banking system. Cosmos Cooperative Bank in Pune, Union Bank, Punjab National Bank and others were the victims of cyber fraudsters as hackers infiltrated bank system and siphoned money.
Most breaches are caused by the failure of some processes in the...
The U.S. Department of Justice says eight individuals have been indicted - and three of them arrested abroad - as part of a multiyear FBI investigation into gangs that allegedly perpetrated digital advertising fraud via the Methbot and 3ve schemes.
ISMG's Security Summit in Mumbai on Nov. 29 will offer insights from CISOs and other experts on hot topics, including setting the boardroom security agenda, using cyber threat intelligence, preventing fraud through the use of blockchain, securing digital payments and preparing for a breach notification law.
Amazon has blamed a technical error for its inadvertent exposure of some customers' names and email addresses online. The online retailing giant maintains that its systems were not breached. It says it's sent an email notification to all affected customers and that the problem has been fixed.