Suspected Chinese threat actors are using fake web advertisements for popular instant messaging applications Kik and Viber to install mobile banking malware onto devices of Asian users. Researchers at cybersecurity firm Cyberint said adversaries are distributing the malware on third-party APK sites.
Phishing attacks have come a long way from the spray-and-pray emails of just a few decades ago. Now they’re more targeted, more cunning and more dangerous. And this enormous security gap leaves you open to business email compromise, session hijacking, ransomware and more.
Join Roger Grimes, KnowBe4’s...
In this episode of CyberEd.io's podcast series "Cybersecurity Insights," Weldon Dodd of Kandji discusses the evolution of Apple's security and privacy practices and how mobile device management can help achieve a balance between user privacy and corporate control.
Apple has fixed multiple zero-days that were actively being exploited since 2019 and infect several iOS devices with a spyware implant dubbed TriangleDB via zero-click iMessage exploits. The tech giant said the vulnerabilities actively exploited iOS versions released before iOS 15.7.
It takes organisations 280 days on average to identify and contain a cyberbreach. But IT security leaders who can connect and automate security, risk, IT and asset management workflows on a single platform can improve the mean time to contain breaches by 85%. Read this guide to learn how you can transform your IT...
As countries across the globe adopted real-time payments at breakneck speed over the past year, experts said authorized push payments fraud sharply increased. APP scams nearly doubled year-over-year compared to other types of fraud. ACI Worldwide's Jackie Barwell shared fraud trends in a new report.
U.K. banks will soon have to reimburse customers who fall prey to authorized push payment scams. The U.K.'s Payment Systems Regulator recently released a policy that would split the reimbursement cost between sending and receiving banks and incentivize the industry to invest in fraud prevention.
The U.K. government earlier this month introduced a strategy to reduce fraud and scams called Fraud Strategy: Stopping Scams and Protecting the Public. Ken Palla, retired director of MUFG Bank, said this as an important step to combat authorized scams, which have now eclipsed unauthorized fraud.
Researchers found Android malware masquerading as a legitimate application available and downloaded over 620,000 times from the Google Play store. The apps have been active since 2022, posing as legitimate photo-editing apps, camera editors and smartphone wallpaper packs.
Organizations with a security-by-design approach need to go beyond being reactive to a proactive, offensive strategy to strengthen their security posture, says Mrutyunjay Mahapatra, member board of directors and chairman of the audit committee at Reserve Bank Innovation Hub.
What is the role of payment intermediaries when fraud takes place? How much are they working with banks to reduce risks from payment fraud? Anuj Bhansali, head of trust and safety at PhonePe, discusses the payment fraud landscape in India and steps to reduce authorized push payment fraud.
In the latest weekly update, finance security expert Ari Redbord joins ISMG editors to discuss takeaways from the U.S. Treasury's 2023 DeFi Illicit Finance Risk Assessment, the state of blockchain analytics and where it is headed, and traction for FinCEN's Financial Action Task Force Travel Rule.
The Federal Reserve's FedNow Service will launch in July this year. Many banks, including community banks, will be able to leverage FedNow as an instant payment platform. How can these banks prepare for faster payments, and what security controls should they consider adding?
In this 14th edition, M-Trends provides an inside look at the evolving cyber threat landscape drawn from Mandiant incident response investigations and threat intelligence analysis of high-impact attacks and remediations around the globe across the last year.
This report also includes:
Latest Incident Response...
India is leading the digital payments revolution on the world stage with its widely accepted unified payments interface. N. Rajendran, the chief digital officer of the Multi Commodity Exchange of India, who has worked on UPI since its inception, discusses its successful implementation.
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