There have been reports of India losing $18.5 billion due to business done on the digital black markets, which are used by hackers to infiltrate and siphon off information from big companies. Use of the dark web has raised questions on the loopholes in the laws in place to govern cybercrime in India. In the recent...
Email is the workhorse of financial services communications, but developing a sound email strategy that caters to different phases of the customer journey is often overlooked. Financial Services businesses need to be strategic about their communications and goals of those emails in order to engage and retain their...
The goals of cybercriminals using automated bots are always the same - account takeovers, fake account creation, theft of unused gift card balances, and similar types of criminal activity that disrupt normal business operations.
This report presents the results of an in-depth survey on current practices that larger...
Law enforcement agencies in the U.S. and Europe have disrupted a malware attack platform called GozNym. Six suspects have been arrested in four countries and face local prosecution on fraud, money laundering or malware-writing charges. Five Russian suspects remain at large.
Fast Retailing, the parent company of several of Japan's biggest retail clothing chains, is warning customers of an attack that exposed email addresses and partial credit card information of more than 460,000 of the company's customers. The attackers apparently used credential stuffing techniques.
ScarCruft, a Korean-speaking APT group that has been targeting organizations mainly in Southeast Asia over the past three years, is developing new malware that targets Bluetooth-enabled devices, according to Kaspersky Lab.
Estimating potential cyber intruder activities and what attack path they may take to access our critical assets is important in understanding how we prioritize our security measures.
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Cybercrime has targeted bank and payments solutions for a long time, but in the past few years has expanded its target industries to airlines, insurance, travel, retail and others. CISOs and fraud leaders that have been focused on insider threats are finding they need to consider the fraud darknet eco-system and...
A growing area of concern for security researchers is a new crop of business email compromise schemes originating from Nigeria, with scammers upping their game by using new malware. The biggest of the crime gangs is SilverTerrier, according to Palo Alto Network's Unit 42.
Nine men have been charged in connection with an alleged SIM card swapping scheme that led to the theft of $2.4 million in cryptocurrency, the U.S. Justice Department says. The scheme allegedly involved the bribing of employees of Verizon and AT&T.
Security practitioners are warning enterprises using MongoDB to ensure proper authentication mechanisms are in place after a researcher discovered a MongoDB database containing information on 275 million Indians was exposed on the internet for at least two weeks and then it was apparently taken over by hackers.
Good news for customers of accounting software vendor Wolters Kluwer: The IRS has given you a 7-day extension to submit several different types of filings. Bad news: It's because the accounting software giant was hacked, knocking its cloud-based CCH software suite offline.
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The FBI and the Department of Homeland Security have issued a joint warning about new malware called "Electricfish." Investigators suspect it was developed by the advanced persistent threat group Hidden Cobra, which has been linked to North Korea.