One measure of the damage being done by ransomware groups continues to be how many victims get listed on ransomware operators' dedicated data leak sites, as part of their so-called double extortion tactics. Unfortunately, the number of victims doesn't appear to be declining.
More than two-thirds of survey respondents say they take a balanced approach - business, customers and compliance - investing in fraud prevention technology. So, why do they also report customer friction among their top challenges? BioCatch's Raj Dasgupta analyzes the results of the new Fraud Transformation Survey.
A congressional letter sent to the heads of four federal agencies expressed an urgent need for the Biden administration to continue combating ransomware. This includes a particular focus on the cryptocurrency infrastructure that is enabling these cyberattacks, four Democratic lawmakers say.
Criminal hackers don't break for lunches, weekends or holidays. Of course, that's just one of many challenges facing information security teams, as they attempt to maximize visibility and minimize complexity while protecting their business around the clock, says Peter Van Lierde, the CISO of energy firm Sibelga.
With deep national security implications, the cyber risks associated with the Defense Industrial Base (DIB) are perhaps the most urgent. Threat actors have realized that targeting vulnerable companies across the defense supply chain can be not only a profitable enterprise but also an alternate method to accessing...
Cybersecurity experts have been
and remain concerned about a potential attack on the U.S.
election infrastructure. With Russian interference
in the 2016 elections, the U.S. Department of Homeland Security (DHS)
Cybersecurity and Infrastructure Security Agency
(CISA) undertook the mission to ensure free and...
In 2020, reports indicated that cyberattacks on the healthcare industry more than doubled from 2019, with
ransomware accounting for 28 percent of all attacks. Unlike previous attacks focused
primarily on providers, the COVID-19 pandemic
exposed vulnerabilities in the entire healthcare sector.
In looking ahead to fraud transformation in 2022, it is good to
review where the conversation about 2021 began: with statistics
about perceptions and reality.
More than just survey results, this report offers expert analysis on
how to balance the competing priorities of business, customer and
compliance needs –...
Australia is currently the 10th largest ecommerce market in the world by revenue. The ecommerce market value is at $33.1 billion, with an estimated growth rate of 8.9% in 2021.
As digital transformation accelerates initiatives like revenue collection, customer loyalty, and brand awareness are now primarily online....
Some 14,000 Google users were warned of being suspected targets of Russian government-backed threat actors on Thursday. The next day, the tech giant announced cybersecurity updates - particularly for email accounts of high-profile users, including politicians and journalists.
Microsoft, in its annual threat review report, Digital Defense, says 58% of cyberattacks worldwide over the past year originated in Russia. And 92% of the Russia-based threat activity came from the nation-state threat group Nobelium.
The number of breach reports filed by U.S. organizations looks set to break records, as breaches tied to phishing, ransomware and supply chain attacks keep surging, the Identity Theft Resource Center warns. It says that there's also been a rise in tardy breach notifications containing little detail.
In the latest weekly update, four editors at Information Security Media Group discuss important cybersecurity issues, including the importance of product security, the impact of ransomware on healthcare sector entities during the pandemic and thinking about cybersecurity awareness creatively.
Apache HTTP Server users are being warned to install yet another patch, as a fix released Wednesday was incomplete and introduced a new flaw. The U.S. Cybersecurity and Infrastructure Security Agency has urged all users to update immediately, citing in-the-wild attacks exploiting Apache's software.