On cybercrime forums and darknet marketplaces, there's an abundant supply of cybercrime products and services and lots of demand, plus prices remain low, says Flashpoint's Liv Rowley. All that's needed to leverage the products and services to make a profit, she says, is a bit of knowledge.
Coincheck, a Tokyo-based exchange, says it suffered a hack attack that led to the theft of $530 million worth of XEM cryptocurrency from its hot wallet. But the developers of XEM say they are tagging all accounts that receive the stolen funds to stop it from being converted to cash.
U.S. Secret Service alert: For the first time, malware-using fraudsters have been draining U.S. ATMs of their cash via what's known as a jackpotting or cash-out attack. Two older models of ATMs made by Diebold Nixdorf appear to have been targeted.
How much does it cost to buy cybercrime-enabling products or services? Just $5 and up, security researchers say. Law enforcement agencies warn that small-time players as well as "serious and organized" crime rings are using cybercrime as a service to make illicit profits.
True "next-generation" multi-factor authentication (MFA) platforms should be well equipped to manage the customer experience while providing the right level of security assurance at the right time, anytime.
Download this e-book and learn ten criteria to look for in a robust MFA platform, including:
In this in-depth interview, Daniel Cohen of RSA discusses how open banking, also known as banking as a service, will affect the fight against fraud and offers insights on the security steps banks should be taking.
The operators of the Necurs botnet continue to target victims with phishing campaigns designed to infect them with banking malware, ransomware and cryptocurrency fever, as well as to generate profits via dating website referrals.
Data broker Equifax has released a revised count of U.K. victims of its massive 2017 data breach, now saying 860,000 residents had their personal details exposed. The data broker is offering its own fraud-monitoring services to breach victims, provided they share their personal details.
As long as we've had currency, we've had money laundering. Lately, we've been fighting a more effective battle against it. But what used to be a stable, predictable evolution of regulation, compliance, and on the criminals' side, evasion, has collapsed in a year of revelations.
This report is divided into two...
Virtual currency that's been surging in value, stored in internet-connected banks and virtual "hot wallets": What could go wrong? The answer includes well over $175 million worth of stolen cryptocurrency and attacks that have been tied to North Korea's Lazarus Group.
This edition of the ISMG Security Report takes a look at how ready healthcare organizations are for GDPR compliance. Also featured: comments from Alberto Yepez of Trident Capital on the 2018 outlook for information security companies and a summary of the latest financial fraud trends.
An analysis of FBI Director Christopher Wray's comments about how encryption poses complications for law enforcement officials leads the latest edition of the ISMG Security Report. Also featured: The former CISO of the state of Michigan sizes up cybersecurity forecasts.
In this ever-changing environment, IT staff often find themselves drowning in mobile minutiae, overwhelmed by mountains of endpoint data but unable to extract meaning from it or make business decisions based on it.
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Every organization wants to avoid the loss of millions of dollars that can result from a major security breach not to mention the potential loss in reputation and market share. However, many companies still place their primary security focus on analyzing an incident after it has been detected and after it has caused...
This eBook provides an overview of UEM, why it's necessary, how it addresses complex problems encountered in the modern enterprise, and where IT can turn for help. It gives you the information you need to move forward with a management solution that gives the business owner, IT manager, CIO, CISO, or other responsible...