The way many organizations have handled digital onboarding is fraught with risk - including fraud. But Husayn Kassai, CEO of Onfido, envisions a new future that includes a healthy amount of friction and greater security.
The "Fxmsp" hacker collective has been advertising source code that it claims to have stolen from three top U.S. anti-virus software development firms, as well as remote access to the companies' neworks, warns fraud-prevention firm Advanced Intelligence.
Accounting software giant Wolters Kluwer is continuing to attempt to recover from a malware attack that has disrupted access to its cloud-based tax and accountancy software, which the company says is used by most major U.S. accounting firms and global banks. Some users say they've been left unable to do their jobs.
Typically, organizations see automated or manual attacks - one type or the other. But increasingly cyberattackers are striking with blended attacks, and the growth and impact of these strikes is concerning. Dan Schiappa of Sophos discusses how to improve detection and defense.
Hackers stole 7,000 bitcoins, valued at about $41 million, from Binance, one of the world's largest cryptocurrency exchanges, the company confirmed Wednesday. The incident is the latest in a string of thefts from cryptocurrency exchanges around the world.
The DeepDotWeb portal, which provided a guide to darknet marketplaces, has been shut down and its alleged administrators arrested. Police say the suspected lead administrator, an Israeli based in Brazil who has been arrested at a Paris airport, amassed bitcoins for referral fees worth millions of dollars.
A sophisticated nation-state spy network has quietly exploited a backdoor in Microsoft Exchange servers that gave attackers unprecedented access to the emails of at least three targets over five years, security firm ESET warns.
In the latest incident, an attack targeted about 200 online campus stores in the U.S. and Canada, Trend Micro reports. But this attack apparently was waged by a new group.
A Chinese hacking group was using exploits and tools developed by the NSA months before the tools were released by another group, Symantec says in a new report. The surprising report deepens the mystery around an extraordinary situation in which the U.S.'s most effective cyberweapons were compromised.
With today's challenges from an increasingly hostile threat landscape, combined with a lack of people, expertise, and budget, organizations are driving toward optimizing their SIEM and SOAR solutions in order to get the highest return their investment. Of the greatest areas of unmet need with SIEM and SOAR solutions,...
Despite a doxing of its targets and tools in March, the advanced persistent threat group known as OilRig remains a significant threat to governments and businesses, researchers at Palo Alto Network's Unit 42 report.
A Ukrainian national is facing wire fraud and other charges stemming from his alleged involvement in a years-long malvertising scheme that infected millions of PCs around the world. Authorities allege that he created a botnet that other cybercriminals could rent out.
With cyberattacks, online espionage and data breaches happening at a seemingly nonstop pace, Western intelligence agencies are bringing many of their capabilities out of the shadows to help businesses and individuals better safeguard themselves and respond. We need all the help we can get.