IT services and consulting giant Cognizant is still assessing the damage from a ransomware attack on Friday. And it's warning that the incident is disrupting services to some of its clients and could affect the company's revenue.
About 267 million Facebook user IDs and other user information is being offered for sale on a dark net site for about $540, according to cybersecurity intelligence firm Cyble, which says the data, which does not include passwords, could be used for phishing and other schemes.
In the age of COVID-19 - when staying as close to home as possible and trying to avoid touching anything in public that might spread coronavirus is the new normal - cash is out, and "contactless" payments are in, if you're lucky enough to be able to use them.
Alongside the sad and vast expense of legitimate claims, it is an unfortunate fact that in times of economic hardship, people have a history of taking any opportunity to exploit financial institutions for ill-gotten gain.
The U.S. Treasury Department is anticipating fraud as the IRS distributes about $300 billion in direct cash payments to Americans to provide economic relief during the COVID-19 pandemic. Russian-speaking fraudsters already appear to be trying to game the IRS's online systems, one security expert notes.
Massachusetts and Indiana have reached separate settlements with Equifax over the 2017 data breach that exposed the personal information of millions of residents of both states. The company will pay a total of almost $38 million to settle with the states.
As e-commerce explodes during the global CIVD-19 pandemic, transaction authentication is more critical for fraud prevention, says Phil Dunkelberger of Nok Nok Labs, who discusses the latest fraud trends.
CISA issued a warning to organizations running Pulse Secure VPN servers that their networks may still be vulnerable to hacking even if they applied patches for a previous flaw. Attackers are now using stolen Active Directory credentials to access networks.
"Fraud guides" designed to assist cybercriminals in carrying out schemes that leverage stolen financial or personal data are the most common offerings on three prominent dark net marketplaces, according to security firm Terbium Labs.
For many cybercrime investigators, it's all about indicators of compromise - evidence that a crime has occurred. But what if you were to shift toward cataloging behaviors that could indicate an attack is ongoing or imminent? Sam Curry of Cybereason explains the IoB concept.
Since the COVID-19 pandemic began earlier the year, the FBI has seen an increase in nation-state hackers targeting U.S. medical research facilities and healthcare organizations conducting research into the virus.
Ads for phishing kits doubled last year on underground forums and dark net markets, with prices skyrocketing over 149 percent - an apparent indicator of strong demand, according to security firm Group-IB.