Empire is the latest darknet market to "exit scam," meaning administrators ran away with users' cryptocurrency, leaving the market to fail. Given the ongoing risk of exit scams, as well as police often targeting such markets, why do they persist?
Fighting payment fraud requires protecting far more than just payment data, says Sujay Vasudevan, vice president of cyber and intelligence solutions at Mastercard, who describe key steps.
A bipartisan bill looks to take some initial steps toward creating nationwide digital identity standards that can address a range of security issues, including theft and fraud stemming from data breaches. The legislation is backed by the Better Identity Coalition.
A Russian national who is allegedly part of an ongoing disinformation campaign targeting the upcoming U.S. election faces a charge of conspiracy to commit wire fraud, according to the U.S. Justice Department.
Evilnum, a hacking group that targets fintech firms mainly in the U.K. and Europe, is deploying a new remote access Trojan, according to Cybereason. The group is targeting "know your customer" procedures to start these attacks.
Blackbaud is one of a growing number of organizations that say they paid ransomware attackers primarily for their promise to delete exfiltrated data. A class action lawsuit filed against the software vendor in the wake of its breach notification questions whether attackers' promises have any merit.
About 54,000 Australian driver's licenses were exposed in an open Amazon Simple Storage Service bucket, according to a security researcher. It remains unclear what entity or agency exposed the data and whether those affected will be notified.
"Charming Kitten," a hacking group with ties to Iran, is now using LinkedIn and WhatsApp messages to contact potential victims and persuade them to visit a phishing page, according to ClearSky. The threat actors initially posed as journalists looking to contact sources.
The FBI and CISA warn that hackers are increasingly using voice phishing, or vishing, to target employees who are working from home due to the COVID-19 pandemic, steal their credentials and other data and use the information to launch other attacks or to steal financial data.
A recently uncovered cryptomining botnet now also has the capability to steal Amazon Web Services user credentials, according to the security firm Cado.
The growing use of biometric technology is raising concerns about privacy as well as identity theft and fraud, says attorney Paul Hales, who reviews recent legal and legislative developments.
The emerging cloud-delivered service model known as security access service edge, or SASE, is designed to help simplify security for remote access, says Sean Duca of Palo Alto Networks, who explains how the model works.
Digital technologies have revolutionized how operators and users interact with the U.S. payments system as new products emerge, back-end operations change and user experiences are enhanced. However, alongside these innovations come unforeseen payments security threats. As the dark web fills with stolen personal...
Fraudsters leverage networks to amplify attacks - isn't it time we do the same to strengthen our defenses? In our rapidly forming remote world with increased frequency of digital interactions, fraud fighting strategies need a boost. Carey O'Connor Kolaja will walk us through the rise of synthetic fraud, the changes it...
A Dutch lawmaker's Twitter account is among 36 that had some personal data compromised earlier this month when hackers targeted 130 verified accounts and launched a cryptocurrency scam. The politician told Reuters his direct messages were accessed.
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