Cryptocurrency money laundering is increasing dramatically, being already three times greater than in 2017. And we're only half way through the year, observes Dave Jevans, Founder and CEO of CipherTrace, and chairman of the Anti-Phishing Working Group.
What are hot cybersecurity topics in Scotland? The "International Conference on Big Data in Cyber Security" in Edinburgh focused on everything from securing the internet of things the rise of CEO fraud to the origins of "cyber" and how to conduct digital forensic investigations on cloud servers.
An Equifax software engineer has settled an insider trading charge with the U.S. Securities and Exchange Commission after he allegedly earned $77,000 after he made a securities transaction based on his suspicion that the credit bureau had suffered a data breach.
Cyber security threats continue to proliferate and become more costly to businesses that suffer a data breach. When it comes to combating these growing risks, most organizations continue to place more trust in technology-based solutions than on training their employees to be more aware of the threat landscape and able...
Many phishing campaigns are very targeted against specific types of users inside an organization, says Ironscale's Brendon Rod, who notes that "70 percent of attacks are targeting just 10 mailboxes or less and around 30 percent are just targeting one mailbox."
In the wake of Equifax and other major breaches, and armed with all of the personally identifiable information that they will ever need and a keen sense of the security controls that modern organizations use, sophisticated fraudsters are finding success as never before. At the center of it all is a new fraud trend:...
Leading the latest edition of the ISMG Security Report: A preview of next week's Fraud and Breach Summit in Chicago, which will feature keynoter Brett Johnson, a former cybercriminal who now advises organizations on fighting crime.
Just one click: That's all it takes for a victim to inadvertently grant attackers access to their email account via a third-party application. Here's how to spot signs of OAuth-related hacking and how to defend against it.
Over the past year, financial services organizations have seen an 87% increase in credential leakage, 149% increase in stolen credit cards, 151% increase in cyberattack indications and 49% increase in fake social media accounts. In addition, state-sponsored APT groups (with little to no financial motivation) have...
Leading the latest edition of the ISMG Security Report: An analysis of how distraction tactics were used during a $10 million SWIFT-related hack at Banco de Chile. Also, a wrapup of Infosecurity Europe.
Banco de Chile has become the latest victim of a SWIFT-related malware incident. Attackers first corrupted thousands of PCs' master boot records as a distraction. Then they used fraudulent SWIFT messages to steal $10 million.
South Korean cryptocurrency exchange Coinrail says hackers stole 30 percent of all of the cryptocurrency tokens it was storing, but many have been successfully frozen or recalled. Security experts say cryptocurrency exchanges remain poorly secured, so they're popular targets for hackers.
Leading the latest edition of the ISMG Security Report: Our exclusive report on an Australian criminal investigation into a company that apparently swiped cryptocurrency using a software backdoor. Also, cutting through the hype on artificial intelligence and machine learning.
Organizations in various industries are under increased pressure to identify subtle patterns that indicate fraud before customers are targeted by threats including account takeover, identity theft, and application fraud.
Companies have turned to Machine Learning (ML) to stay ahead of the next generation of...