Since Zelle fraud has increased 109% in the United States, the banking industry is struggling to reduce authorized push payment scams. Ken Palla, former director at Union Bank, shares tips for combating fraudsters, including delays on large transactions, education and behavioral analytics.
The problem of zero-day exploits used by advanced spyware makers such as NSO Group is an urgent problem requiring government intervention, a Google cybersecurity executive told the European Parliament committee investigating member nations' use of the Pegasus spy app.
The federal tally of health data breaches reached a new milestone this week: Since its inception in September 2009, more than 5,000 major incidents have been posted to the Department of Health and Human Services' HIPAA breach "wall of shame."
Ransomware-wielding gang Vice Society, living up to its name, continues to test new strategies to take down more victims. If those bona fides aren't bad enough, the group has a predilection for hitting schools and threatening to dump stolen student data on its dedicated data leak site.
A Ukrainian man is fighting extradition to the United States, where he faces a four-count criminal indictment for his role in operating the Raccoon malware-as-a-service infostealer malware. Dutch authorities arrested Mark Sokolovsky, 26, in March, shows an unsealed indictment.
Payment card data theft remains alive and well in the cybercrime underground, especially via the use of JavaScript skimmers. But security researchers find that some attackers have stayed old-school, continuing to use malware on point-of-sale terminals to steal "dumps" of card data.
Apple has issued a slew of security updates amid reports that its iOS devices are being actively exploited via a zero-day vulnerability in the kernel. While Apple hasn't attributed the exploits to any specific group, experts say surveillance malware developers are a likely culprit.
The U.K. Information Commissioner levied a nearly $5 million fine against Interserve Group Limited for its lack of security protections in the run-up to a 2020 ransomware attack. The firm kept employee data on servers running obsolete versions of Windows and used outdated antivirus software.
Beware ransomware and data extortion shakedowns that trace to a cybercrime gang called Daixin Team, which is especially targeting the healthcare sector, as well as wielding phishing emails and a proficiency with VMware server environments, warns a new U.S. government cybersecurity advisory.
Fake gains in fake cryptocurrency investment accounts are meant to keep victims participating in a scam known as "pig butchering," which is a mounting threat in English-speaking countries. The scam begins with cultivation of an intimate online relationship.
Is Australia's data breach wave a coincidence, bad luck or intentional targeting? Maybe all three. But the security weaknesses that have led to the incidents are not exotic. And the people behind these attacks are most likely workaday cybercriminals, not top-level nation-state attackers.
Cybereason has abandoned its IPO plans altogether and hired JPMorgan Chase to find a buyer, The Information reported Friday. Why is Cybereason no longer poised to make it to the IPO Promised Land? An unfavorable competitive environment and a muddled go-to-market strategy provide some clues.
Emennet Pasargad, the Iranian cyber threat actors behind an attempt to disrupt the U.S. presidential election in 2020, remains active, warns the FBI. The group conducts hack-and-leak operations and targeted a U.S. organization with a destructive attack within the last year.
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