Losses to fraud reported by Britain's financial services sector exceeded $1.5 billion in 2022, declining by 8% from 2021, says trade association UK Finance. About 40% of losses tied to authorized push payment fraud, in which victims get tricked into transferring funds to attackers.
Business Email Compromise (BEC) is “one of the most financially damaging online crimes” according to the FBI. It is a cunning form of email impersonation that, when combined with human error, can be incredibly disruptive and damaging. Phishing and Account Takeover (ATO) attacks target employees and trick them into...
While security tools have become more adept at detecting payloads in emails, attacks that lack known indicators and rely instead on impersonation/social engineering tactics are successfully bypassing these traditional controls and reaching inboxes. If an organization’s email security controls are not effective...
The holidays may be behind us, but fraudsters and cybercriminals are continuously finding new opportunities to exploit online activity, transactions, and the generosity of individuals.
Stay one step ahead of fraud with our new Insights Article. Gain valuable knowledge about the latest fraud trends, effective...
Threats that traditionally menaced other industries - including synthetic accounts and abuse of IT product platforms - are emerging worries for the healthcare sector, warns an industry report. Other experts also predict a similar evolution among criminal activities affecting the healthcare sector.
Identity verification and e-signature firm OneSpan is working with investment bank Evercore on a sale process that could attract interest from other businesses and private equity firms, Reuters reported. This follows five publicly traded cyber vendors agreeing to go private since the start of 2022.
ISACA's recently published Privacy in Practice 2023 survey report shares new research related to the privacy workforce, privacy skills, privacy by design and the future of privacy. Expert Safia Kazi shares ways organizations can align privacy goals with business objectives.
This report is filled with forward-looking insights and commentary from several industry experts.
With 20 distinct observations, the Forecast covers topics such as:
More individual attacks by actors motivated by bragging rights not profit;
More extortion attacks especially in Europe who is poised to take the title...
Modern organizations often have complex cloud and on-premise environments often managed with siloed security tools. This situation leads to fragmented visibility, an inability to prioritize risks for remediation and a lack of business-level reporting.
In this webinar, security leaders will learn how cloud security...
The latest edition of the ISMG Security Report shares tips for security leaders to navigate the threat landscape next year, discusses cybersecurity and privacy policy shifts to watch, and explains why global political and economic instability should not be cause for cybersecurity budgets to drop.
Cloud email security: It involves new strategies and tools to defend against a new wave of attacks. Arun Singh of Abnormal Security discusses the latest flavor of email attacks and the new Knowledge Bases created to help enterprises increase their education and defensive capabilities.
The email attack vector. It may not earn much discussion, but the adversaries take full advantage of it with phishing, BEC and now email platform attacks. Mike Britton, CISO of Abnormal Security, talks about the latest threat trends and how to detect and defend against them.
A hacker selling a data set purportedly containing emails stripped from the FBI's InfraGard public-private cybersecurity forum obtained access by sending an application, which the bureau approved, reports independent cybersecurity journalist Brian Krebs.
What really makes a “strong” password? And why are you and your end-users continually tortured by them? How do hackers crack your passwords with ease? And what can/should you do to improve your organization’s authentication methods?
Password complexity, length, and rotation requirements are the bane of IT...
The 2019 seizure by U.S. law enforcement of online criminal marketplace xDedic is paying dividends for lawyers unrolling prosecutions of accused fraudsters who allegedly obtained compromised credentials from the site. The FBI and IRS estimate that xDedic facilitated more than $68 million in fraud.
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