Twenty financial institutions are collaborating to identify how machine learning can be used to detect synthetic ID fraud, says Greg Woolf, CEO at the security firm FiVerity.
Darkside is the latest ransomware operation to announce an affiliate program in which a ransomware operator maintains crypto-locking malware and a ransom payment infrastructure while crowdsourced and vetted affiliates find and infect targets. When a victim pays, the operator and affiliate share the loot.
Researchers at Area 1 Security say a recently uncovered phishing campaign using a message saying that the recipient has been fired from their job is attempting to plant two malware strains - Bazar and Buer - using the Trickbot botnet.
A recently uncovered phishing campaign is using a spoofed U.S. Internal Revenue Service domain and social engineering techniques in an attempt to trick targeted victims into sending money to fraudsters, according to researchers at Abnormal Security.
A recently uncovered banking Trojan targeting Android devices can spy on over 150 apps, including those of banks, cryptocurrency exchanges and fintech firms, as a way to gather credentials and other data, according to an analysis by security firm Kaspersky.
Authorized push payment fraud is expected to continue to surge in 2021. PJ Rohall, co-founder of the website About-Fraud, says behavioral analytics can play an important role in mitigating the risk.
Cybersecurity is poised to become a higher White House priority when President-elect Joe Biden takes office. And he's expected to renew key international relationships needed in the fight against cyberattacks.
Louis Marinos of the European Cybersecurity Agency offers an analysis of the agency's new Threat Landscape 2020 report, which shows how cybercriminals have been advancing their capabilities, adapting quickly and targeting victims.
The good news: U.S. election security measures seem to have worked. The bad news: Disinformation and misinformation campaigns continue. Tom Kellermann, who served as a cybersecurity adviser to President Obama, offers advice for President-elect Joe Biden and others on protecting critical infrastructure.
Inadequate database and privileged account monitoring, incomplete multifactor authentication and insufficient use of encryption: Britain's privacy regulator has cited a raft of failures that contributed to the four-year breach of the Starwood guest reservation system discovered by Marriott in 2018.
A former Microsoft software engineer has been sentenced to nine years in prison after being found guilty on 18 criminal charges in connection with the theft of more than $10 million through the company's online retail platform.
Threat actors are increasingly weaponizing advanced analytical tools to attack enterprises, which means organizations must change their security strategies, says Ray Boisvert, associate partner, national public sector, IBM Canada.
Check Point Research has uncovered a large and likely profitable business model that involves hackers attacking and gaining control of certain VoIP services, which enables them to make phone calls through a company's compromised system.
Researchers at Kaspersky have uncovered a Linux version of the RansomEXX ransomware that, until now, had targeted only Windows devices. The ransomware has been tied to several high-profile attacks over the last several months.
Security analysts at Check Point Research are warning about a recently uncovered ransomware strain called Pay2Key that is primarily targeting Israeli firms.
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