Despite these financial headwinds, new ways are emerging for FIs to differentiate on the quality of fraud prevention and outreach they can provide to customers.
Sometimes, that email from your boss isn't really an email from your boss. Business email compromise (BEC) has become the costliest form of cyber crime, tricking victims out of more than $1.8 billion in 2020 alone. These highly targeted cybersecurity threats are easy to fall for and invisible to traditional security...
The U.S. and Singapore have announced three agreements to expand their collaborative efforts - including shoring up information sharing, research and training - to address global cybersecurity issues.
John "Chris" Inglis says one of his first priorities as national cyber director within the White House is focusing on issues of cyber resiliency. Battling ransomware and coordinating government responses with the private sector are also top issues he's tackling.
In the latest weekly update, four editors at Information Security Media Group discuss important cybersecurity issues, including the evolution of fraud trends and the challenges in implementing the "zero trust" framework in the OT environment.
Researchers at the security firm Cisco Talos have spotted an ongoing campaign using an updated variant of the "Neurevt" Trojan to target customers of financial institutions in Mexico.
A Massachusetts man who used SIM swapping and other account takeover techniques to target business executives and steal more than $530,000 worth of cryptocurrency has pleaded guilty to several federal charges.
CyberEdge’s annual Cyberthreat Defense Report (CDR) plays a
unique role in the IT security industry. Other surveys do a great
job of collecting statistics on cyberattacks and data breaches
and exploring the techniques of cybercriminals and other bad
actors. Our mission is to provide deep insight into the minds...
Cybersecurity is a top priority for Enterprise networks, but as cyberattacks and data breaches become more prevalent, traditional cybersecurity approaches fall short.
"Detect and remediate" has long been the cybersecurity standard but as attackers become more sophisticated and attack rates continue to grow,...
Veriff’s industry-leading identity verification, KYC, and AML technology is able to process more than 9,500 government-issued ID documents from over 190 countries and match faces with biometric face recognition technology to verify millions of identities across the world.
Download Veriff’s H1 2021 Identity Fraud...
Initial access brokers continue to sell easy access to networks. Given the uptake of such access by ransomware operations over the past year, one surprise is that relatively few individuals appear to be serving as brokers, which, of course, makes them an obvious target for law enforcement authorities.
While the U.S. government is making strides in improving the nation's cybersecurity, it needs to do more to protect critical infrastructure from attacks and create public-private partnerships to improve national security, the Cyberspace Solarium Commission notes in a report published Thursday.
The notorious AlphaBay darknet marketplace appears to be getting rebooted by "DeSnake," who claims to have been the security administrator for the previous iteration, which law enforcement officials took down in 2017. Whether buyers and sellers will trust it, or the site will survive any takedown efforts, remains to...
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