The fight against fraud requires more than using the right technologies; it requires understanding threat actors' techniques, says Robert Villanueva of Q6 Cyber.
A recently uncovered BEC scam has targeted the Office 365 accounts of executives at over 1,000 companies worldwide, collecting more than 800 sets of credentials in an attempt to commit payment fraud, according to Trend Micro.
The U.K.'s privacy watchdog is probing banking giant Barclays over its use of employee monitoring tools after the bank in February reportedly shifted from anonymized tracking to giving managers the ability to view data for individual employees.
Reddit had a very "Make America Great Again" weekend, as more than 70 subreddits were temporarily hijacked and used to post "MAGA" messages in support of U.S. President Donald Trump. Attackers claim they used social engineering and password stuffing to compromise the accounts.
Russia, China and Iran are all seeking to influence the 2020 U.S. Presidential election in November, according to a new report from the Office of the Director of National Intelligence that offers details about each country's plans and goals.
The day after President Trump issued executive orders to ban Chinese-owned social media apps TikTok and WeChat, Sanjay Virmani of the FBI's San Francisco office shared insights on the Chinese cyberthreat, election security and crime trends in the wake of COVID-19.
President Donald Trump's executive order banning the Chinese-owned TikTok and WeChat apps could prove to be unenforceable, some privacy and security specialists say. But some Republican lawmakers hailed the move, citing the national security risks posed by the apps.
A federal banking regulator has fined Capital One $80 million, citing numerous security shortfalls before the 2019 data breach that exposed the financial and personal information of over 100 million individuals in the U.S. and Canada.
President Donald Trump, citing national security concerns, has signed two executive orders that will ban the Chinese-owned social media platforms TikTok and WeChat from the U.S. within 45 days. The orders appear designed to accelerate the sale of the two platforms to American firms.
Machine learning can play a significant role in mitigating money laundering risks, says Andy Gandhi, managing director, data risk and compliance at the consultancy Alvarez and Marsal.
High-wattage IoT devices and appliances, such as connected refrigerators, air conditioners and heaters, could be turned into massive botnets by malicious actors and used to influence energy prices, according to an academic study released at Black Hat 2020.
Cybercriminals have shifted their focus from individuals and smaller businesses to target governments, critical health infrastructure and major corporations to maximize their profits and disruption during the COVID-19 pandemic, a new Interpol report warns.
Twitter rushed out a fix for a flaw in the Android version of its social media platform that could have allowed hackers to access user data, including within the direct message feature. The news comes as more details have emerged about a recent Twitter hacking incident.
Chaos ensued when miscreants interrupted a virtual bail hearing on Wednesday for the suspected Twitter hacker, hijacking the feed with screams, chatter and, for a few brief seconds, pornography. The meeting details were public, and the meeting had not been password protected.
As organizations collect more consumer data during the COVID-19 pandemic, how can they protect it? Peter Yapp, former deputy director at the UK's National Cyber Security Center, provides insights on building a stronger security infrastructure.
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