The data being used to drive effective anti-fraud efforts can be rich in context and useful for other activities. Jim Apger of Splunk describes emerging fraud schemes and solutions, highlighting the role of machine learning.
The fraudsters have more tools and information than ever at their disposal to pull off socially engineered schemes. But how can the victims turn the tables? Agari's Andrew Coyle discusses new tools and strategies to improve defenses.
The latest edition of the ISMG Security Report features an analysis of the validity of reports that China is behind the massive Marriott data breach. Also: Fascinating details in a Congressional report on the Equifax breach, and a clear explanation of "self-sovereign identity."
Hackers linked with China are suspected to be behind the four-year breach of Marriott's Starwood guest reservation system, according to several news reports. The suggestion is likely to contribute to increased tension between the U.S. and China.
Breach victims who sign up for free fraud-monitoring services from breached businesses that lost control of their data often sign away their right to join class-action lawsuits or pursue other legal actions, and Marriott proved to be no exception, following its mega-breach. But it now appears to be backing off.
Is there anything better than being offered one year of "free" identity theft monitoring? Regularly offered with strings attached by organizations that mishandled your personal details, the efficacy and use of such services looks set for a U.S. Government Accountability Office review.
Hackers have been plugging inexpensive hardware into banks' local area networks to help perpetrate heists that have stolen tens of millions of dollars, warns Kaspersky Lab. It says that since 2017, the "DarkVishnya" attack campaign has hit at least eight Eastern European banks.
Victims of the massive Marriott International data breach, which exposed data for 500 million customers, including some passport numbers, may be able to claim reimbursement for the cost of obtaining a replacement passport, provided they can prove it led to fraud.
Credential abuse attacks and identity theft incidents are rising, with attackers leveraging botnets to launch coordinated campaigns with high success rates, says Aseem Ahmed of Akamai Technologies, who shares best practices for mitigating the threats.
The easy availability of tools for designing face-swapping deep-fake videos drove Symantec security researchers Vijay Thaware and Niranjan Agnihotri to design a tool for spotting deep fakes, which they described in a briefing at the Black Hat Europe 2018 conference in London.
Australia's Parliament has passed new laws enabling it to compel technology companies to break their own encryption. Although the government argued the laws are needed to combat criminal activity and terrorism, opponents argued the powers could creep beyond their scope and weaken the security of all software.
An update on the hacking of email accounts of four senior aides within the National Republican Congressional Committee leads the latest edition of the ISMG Security Report. Also featured: An analysis of when the first major fines for violations of the EU's GDPR could be issued.
A batch of documents meant to be kept under court seal lays bare Facebook's strategic brokering of access to user data to reward partners and punish potential rivals. The material also demonstrates Facebook's views at the time on privacy and the risks of leaking data.
As the year winds down, phishing and ransomware attacks continue to plague the healthcare sector, as illustrated by recent breach reports. A hospital owned by Cancer Treatment Centers of America is among the latest phishing victims.