Researchers at Area 1 Security say a recently uncovered phishing campaign using a message saying that the recipient has been fired from their job is attempting to plant two malware strains - Bazar and Buer - using the Trickbot botnet.
A recently uncovered banking Trojan targeting Android devices can spy on over 150 apps, including those of banks, cryptocurrency exchanges and fintech firms, as a way to gather credentials and other data, according to an analysis by security firm Kaspersky.
Authorized push payment fraud is expected to continue to surge in 2021. PJ Rohall, co-founder of the website About-Fraud, says behavioral analytics can play an important role in mitigating the risk.
Threat actors are increasingly weaponizing advanced analytical tools to attack enterprises, which means organizations must change their security strategies, says Ray Boisvert, associate partner, national public sector, IBM Canada.
Check Point Research has uncovered a large and likely profitable business model that involves hackers attacking and gaining control of certain VoIP services, which enables them to make phone calls through a company's compromised system.
Researchers at Kaspersky have uncovered a Linux version of the RansomEXX ransomware that, until now, had targeted only Windows devices. The ransomware has been tied to several high-profile attacks over the last several months.
COVID-19 accelerated everything else digital; why not fraud, too? In this latest CEO/CISO panel, cybersecurity leaders talk frankly about the pace and scale of new fraud schemes from business email compromise to card not present to insider risk.
Today's threats are more sophisticated than ever and despite significant investment in prevention technologies many organizations continue to suffer damaging attacks. Join Dave Martin, Open Systems' Senior Director of Product Management- Threat Response as he share best practices model to minimize risk that combines...
Attackers have been actively exploiting a flaw in Rackspace's hosted email service to send phishing emails, bearing legitimate and validated domain names, as part of business email compromise scams, warns IT security testing consultancy 7 Elements. Rackspace tells customers it plans to fix the problem soon.
A new report describes the attack methods of an Eastern European gang known as UNC1878 or Wizard Spider that's been waging ransomware attacks against U.S. hospitals in recent days.
The latest edition of the ISMG Security Report features a discussion with FBI Agent Elvis Chan on the cyber disruptions to expect immediately after the Nov. 3 U.S. election. Also featured: smart lock security flaws; cryptocurrency-funded crimes in 2021.
From credit cards and mule accounts to a wide range of lending products, cybercriminals are sparing no effort to turn a profit by exploiting weaknesses in the account opening process. This fraud is especially challenging to detect when the user has no digital footprint with the institution. So how can you trust a...
The Republican Party of Wisconsin says fraudsters used phishing emails and doctored invoices to steal $2.3 million earmarked for President Donald Trump's reelection campaign. The FBI is investigating.
The operators behind the Ryuk strain of malware are increasingly relying on a malware-as-a-service tool - the Buer loader - to deliver the malware, rather than botnets such as Trickbot and Emotet, the security firm Sophos reports.
Implementation of 3D Secure 2.0, a protocol designed to be an additional security layer for online credit and debit card transactions, by banks and merchants alike can play a critical role in reducing "authorized payment fraud," two security experts say.
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