The Identity Theft Resource Center's new report shows a 1,044% increase in social media account hijacking. Banking fraud is also rising, with scammers focusing on using stolen personal data to open new banking and credit card accounts in victims' names, says COO James Lee.
Four ISMG editors discuss how security leaders determine the right level of security for the business, the growing risk of business ID theft to enterprises, and the arrest of a developer suspected of working for cryptocurrency mixing service Tornado Cash, for "facilitating money laundering."
Cloud collaboration suites like Microsoft 365 are critical to business success, but have become significant entry points for potential exploitation. Just as your team relies on email and collaboration tools to accomplish their goals, so too do sophisticated threat actors. And while the built-in security of Microsoft...
Thoma Bravo is eyeing its third take-private security deal of 2022, initiating talks with Darktrace months after agreeing to buy SailPoint and Ping Identity. The cybersecurity AI firm says it's in early discussions with private equity giant Thoma Bravo on a possible cash offer for the business.
ENISA’s new "Threat Landscape for Ransomware Attacks" report analyzes 623 ransomware incidents in the EU, U.K. and U.S. from 2021 to 2022. ENISA cybersecurity officer Ifigeneia Lella shares how attacks have evolved and how 95% of reported incidents lack key data about how the breaches occurred.
The average person believes using Multi-Factor Authentication (MFA) makes them significantly less likely to be hacked. That is simply not true! Hackers can bypass 90-95% of MFA solutions much easier than you would think. Using a regular looking phishing email, they can bypass MFA just as easily as if it were a simple...
An updated version of the Russian-linked SOVA Android Trojan is back with updated attack techniques targeting more than 200 mobile applications, including banking apps and crypto exchanges/wallets. Researchers at Cleafy uncovered that the Trojan now also features ransomware capabilities.
It feels like we hear about a new devastating cyberattack in the news every day, and attack methods seem to be proliferating at an exponential rate. So, which tactics should you be aware of beyond standard “click and infect” attack vectors?
Join Roger A. Grimes, KnowBe4's Data-Driven Defense Evangelist and...
The LexisNexis® Risk Solutions True Cost of Fraud™ Study helps companies grow their business safely by navigating the growing risk of fraud. The research provides a snapshot of current fraud trends in the APAC retail, ecommerce, financial services and lending markets.
The study covers insights for Singapore,...
What makes authorized payment scams hard to detect? The speed and volume of transactions hinders banks in monitoring for fraud, but David Lott, payments risk expert with the Federal Reserve Bank of Atlanta, says educating customers and leveraging the right technology can help reduce scams.
Ransomware shows no signs of abating. Digital transformation, expanding cloud deployments, and increased remote work are all bolstering the Ransomware Attack Chain, creating new planes of privileges for ransomware to exploit.
Breaking the chain is more vital than ever. Despite this, organizations...
Some experts predict cyber insurance rates will increase 40-75% in the near future, and MSPs need to take action now to protect their profits and businesses in 2022 and beyond. The panelists will explore why ransomware attacks are at the heart of these increases. This webinar features expert insights from:
Richard...
As the number one threat vector for most organizations, email continues to be widely used by cyber criminals to penetrate organizations in support of a wide variety of cyberattacks. Unlike other attack vectors, email enables cybercriminals to directly leverage humans in an effort to bypass security controls and...
The latest edition of the ISMG Security Report discusses how financial service organizations should respond to the new "fraud universe." It also shares how CISOs can incorporate social media into their threat intelligence programs and describes the skills required by today's security leaders.
The ultimate role of cyber security is to reduce the risk to an organisation. But with such a broad range of opinions, tools, compliance standards, and products, knowing where to start and what will give the greatest return on investment is crucial.
In this you will learn:
How to understand the greatest risks...
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