The rapidly changing threat landscape is making it easier for malicious actors to commit fraud - and COVID-19 has made it even more challenging. Cybercriminals are ramping up sophisticated phishing scams, deploying malware to capitalize on the spike in mobile users, and accelerating mule recruitment.
To combat this...
The COVID-19 pandemic accelerated trends toward remote banking, digitization, and remote work. Around the world, we now rely more than ever on digital solutions for interactions and transactions that have traditionally involved a visit to the branch.
The new normal is here. eSignatures and remote ID verification...
Despite the takedown of the Trickbot botnet by Microsoft and others Monday, the malware is still functioning, and its operators retain the tools needed to rebuild their malicious network, some cybsersecurity experts say. So the impact, while significant, could prove to be temporary.
Microsoft collaborated with cybersecurity companies and government agencies to take down the million-device Trickbot botnet in an effort to help protect the Nov. 3 U.S. election and stop the global spread of ransomware and other malware.
Artificial intelligence and machine learning offer the best hope for addressing the risks posed by synthetic identities, says Justin Davis, fraud manager at Digital Federal Credit Union.
The Bad Bot Report investigates the daily attacks that sneak past sensors and wreak havoc on websites. Such activities include web scraping, competitive data mining, personal and financial data harvesting, brute-force login, digital ad fraud, spam, transaction fraud, and more.
In the 2020 Bad Bot Report you'll...
While most payment card skimming attacks zero in on ecommerce sites for consumers, a newly discovered attack targeted PlayBack Now, an online video conferencing firm, Malwarebytes reports.
A hacking group is taking aim at industrial targets in an ongoing cyberespionage campaign, security firm Kaspersky reports. The group, dubbed "MontysThree," uses a variety of techniques, including steganography, to avoid detection.
A hack-for-hire group dubbed "Bahamut" is renting out its espionage and disinformation services to the highest bidder to target nonprofit organizations and diplomats across the Middle East and southern Asia, according to security researchers at BlackBerry.
What are the top cyberthreats facing the financial services sector? Valerie Abend of Accenture describes the findings of a new report on the subject in an in-depth interview.
Microsoft is warning that hackers with connections to Iran, as well as other threat actors, are attempting to exploit a critical vulnerability in Windows Server dubbed Zerologon, for which it has issued a partial patch.
Using intrusive technologies to check staff behavior in an effort to fight against supply chain fraud is ineffective, says Richard Dailly, managing director in Hong Kong at the security firm Kroll, who explains why.
A Chinese-speaking hacking group used a rare Unified Extensible Firmware Interface bootkit dubbed "MosaicRegressor" to target nongovernment organizations and diplomatic missions with an espionage campaign for two years, the security firm Kaspersky reports.
Among the most malicious and potentially dangerous cyber incidents affecting the healthcare, energy and other sectors are evolving "distruptionware" attacks - including ransomware - that aim to shut down businesses, says retired FBI agent Jason G. Weiss.
Blackbaud, a provider of cloud-based marketing, fundraising and customer relationship management software, now acknowledges that a ransomware attack in May could have exposed much more PII - including banking details - than the company initially believed, according to an SEC filing.
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