High-speed trading firm Virtu Financial says it lost $6.9 million in a business email compromise scam in May. The company is now suing its insurer for failure to cover the loss.
A recently uncovered BEC scam has targeted the Office 365 accounts of executives at over 1,000 companies worldwide, collecting more than 800 sets of credentials in an attempt to commit payment fraud, according to Trend Micro.
Reddit had a very "Make America Great Again" weekend, as more than 70 subreddits were temporarily hijacked and used to post "MAGA" messages in support of U.S. President Donald Trump. Attackers claim they used social engineering and password stuffing to compromise the accounts.
The day after President Trump issued executive orders to ban Chinese-owned social media apps TikTok and WeChat, Sanjay Virmani of the FBI's San Francisco office shared insights on the Chinese cyberthreat, election security and crime trends in the wake of COVID-19.
The latest edition of the ISMG Security Report analyzes the hijacking of a virtual court hearing in the Twitter hacking case. Also featured: Why network segmentation is more important than ever; update on Windows print spooler vulnerability.
Chaos ensued when miscreants interrupted a virtual bail hearing on Wednesday for the suspected Twitter hacker, hijacking the feed with screams, chatter and, for a few brief seconds, pornography. The meeting details were public, and the meeting had not been password protected.
It's a new and permanent extended enterprise, as cybersecurity leaders budget for 2021. What are the top threats and vulnerabilities? How have enterprises hardened their endpoint defenses? Stacia Tympanick of VMWare Carbon Black previews a new virtual roundtable.
Suspects in the epic attack against Twitter were uncovered, in part, by the use of their real photo identification for cryptocurrency accounts they used to broker the sale of stolen usernames. The mistakes proved crucial to their identification, according to court documents.
Hackers with suspected ties to North Korea targeted U.S. aerospace and defense firms with fake job offer emails sent to employees, according to security firm McAfee. The messages contained malware designed to gain a foothold in networks and gather data.
A Florida teenager and a second unidentified individual were arrested and a third man was charged in connection with hacking 130 high-profile Twitter accounts to pull off a cryptocurrency scam,
The hackers who hijacked 130 high-profile Twitter accounts as part of a cryptocurrency scam earlier this month used a telephone-based spear-phishing attack to obtain employee credentials, the social media company says.
Suddenly, onboarding, servicing and securing digital accounts with advanced authentication techniques isn't just a priority for global enterprises; it is the priority. Dean Stevenson of HID Global previews an upcoming virtual roundtable discussion.
Fraudsters are mimicking automated messages from Microsoft SharePoint for a phishing campaign that attempts to steal Office 365 credentials, according to the security firm Abnormal Security.
An hacking group that appears to have ties to the government of China has been targeting victims in India and Hong Kong, according to the security firm Malwarebytes.
A fresh round of phishing attacks is relying on using trusted services and a well-designed social engineering scheme to trick users into enabling malware to bypass an end point's security protocols, says Aaron Higbee of the security firm Cofense.
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