In 2021 alone, fraudulent accounts increased by 70% and synthetic identity fraud losses grew to $20B.
From onboarding and answering product questions to providing ongoing support, customers expect and deserve safe and secure communications. Every communication carries the potential for building trust and...
A recent study shows that 85% of customers would avoid using a brand after losing trust. There is also an emotional impact to identify theft. As a security leader, you do not want that pain associated with your brand.
From login to purchase, it’s critical to know who the person is behind the OTP and know if they...
Even powerful brands are not immune from fake users; in fact, they are often the most prominent targets. In Q4 of 2021 alone, Facebook removed 1.3 billion fake accounts.
Today, most ecosystems are littered with fake accounts set up to steal confidential information, post fake product reviews, spam legitimate...
The Computer Emergency Response Team of Ukraine and the National Bank of Ukraine are warning of massive DDoS attacks against pro-Ukrainian targets. The intelligence service in Romania, SRI, also warns of a similar type of attack targeting sites belonging to its national authorities.
New cyber incident reporting rules are set to come into effect in the U.S. on May 1. Banks in the country will be required to notify regulators within 36 hours after an organization suffers a qualifying "computer-security incident." What does this mean for banks, and what are the likely challenges?
Recent incidents affecting the sensitive information of tens of thousands of individuals underscore the ongoing threats and risks facing organizations that handle health and other delicate personal information, including a community health center and a social services agency.
In this edition, four ISMG editors discuss important cybersecurity issues, including how virtual currency Monero is becoming the main alternative to Bitcoin as the crypto choice for criminals, the challenges involved in an identity-centric Zero Trust approach and how to influence change in culture.
Don't stockpile cryptocurrency in case your organization falls victim to ransomware-wielding attackers and opts to pay a ransom. This might seem obvious to anyone aware of the volatility in Bitcoin's value, but some organizations reportedly used to employ this incident response strategy.
Ransomware attacks have come storming back after experiencing their typical end-of-the year decline. Security researchers report that the greatest number of known victms has been amassed by Lockbit, followed by Conti, Hive and Alphv/BlackCat.
There were no CISOs when Marene Allison started her career. There was not even a cybersecurity discipline. But starting with a distinguished stint in the military, she has progressed through the public and private sectors - including time with the FBI - to become CISO for Johnson & Johnson.
Insights to help you quantify security risk.
The Cost of a Data Breach Report offers insights that help you understand risk in a changing world. Understand broad trends, and dive deeper into factors that can amplify costs or help mitigate financial losses. Register for the report to discover:
Cost mitigation...
As one of the architects of Israel's offensive Red Team intelligence unit and Incident Response Team, Reuven (Rubi) Aronashvili, CEO of Israeli cybersecurity company CYE, provides a highly informed view of current cyberwarfare in the Russia-Ukraine war, including how it differs from kinetic warfare.
The American Dental Association allegedly was hit with an attack by new ransomware group "Black Basta." ADA is the latest medical professional organization to have a cyber incident disrupt services and potentially affect members' information. Tenet Health also experienced a cyberattack last week.
Ransomware group Stormous, in a Telegram post on Monday, said that it has breached and exfiltrated 161GB worth of critical data from beverage manufacturing giant Coca-Cola. The soft drink company has told Information Security Media Group that it is investigating the claim.
The U.S. government on Tuesday announced a reward of up to $10 million for information pertaining to six alleged Russian military hackers tied to the 2017 NotPetya destructive malware campaign. The malware spread globally, causing commercial damage of up to $10 billion.
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