While tech-support scams have proliferated for years, the FBI says losses tied to such fraud are now higher than ever. Google has pledged to crack down on fake tech-support listings. But fraudsters regularly employ a variety of channels, including cold calls, pop-up windows and phishing emails.
Business email compromise attacks continue to be lucrative for the criminally inclined. With the FBI reporting that reports of such attacks have recently doubled, researchers find that tricking victims into making fraudulent wire transfers remains attackers' top goal.
Public health alert: Russian trolls have been spreading "polarized and anti-vaccine" misinformation via social media in a manner that appears designed to undercut trust in vaccines, researchers warn. Lower vaccination rates have already contributed to a rise in mass outbreaks of measles among children.
Although fraud schemes continue to evolve, social engineering remains a critical element, says Brett Johnson, a former fraudster who now advises organizations on how to fight cybercrime. He explains how new attacks are often tweaks of much older schemes.
Google has suspended multiple YouTube channels and videos, as well as blogs, after tying them to phishing attacks and influence operations linked to Iran's state media. The technology giant's moves coincided with similar efforts by Facebook and Twitter.
Leading the latest edition of the ISMG Security Report: An analysis of why it may be too late to secure the 2018 U.S. midterm elections. Also: A close look at the Anthem breach lawsuit settlement and a report on ransomware recovery lessons learned.
Facebook, Twitter and Google have suspended or removed hundreds of pages and accounts tied to two separate alleged influence operations being run by Iran and Russia. Cybersecurity firm FireEye says the campaigns target the U.S., U.K., Latin America and Middle East.
A cryptocurrency investor is suing AT&T for $240 million, alleging he lost $24 million in virtual currency after the carrier failed to stop two separate attacks where his phone number was commandeered by attackers. The incident highlights the dangers of using a phone number as an authentication channel.
Cyber criminals are reaping the benefits of business email compromise and CEO fraud scams, which is a $12 billion industry, according to the FBI by impersonating an executive in your organization, asking for financial reports or by asking payroll staff to make changes to bank accounts.
Invoice and payroll fraud,...
Check Point says it has found three ways to falsify messages in WhatsApp, which it claims could be employed by scammers and used to spread fake news. WhatsApp acknowledges the findings, but it will not engineer patches.
Two cybersecurity veterans detail the specific steps the Trump administration must take now if it has any hope of safeguarding the U.S. midterm elections in November against Russian interference, whether via hack attacks or social media and propaganda campaigns.
The solution providers in the fraud solution industry offer logic
designed to track users and prevent malicious activity by
capturing and analyzing behavioral characteristics across
the entire session, from login to check out and everything in
between. These solutions compare known customer behavior
in the case...
As phishing, ransomware, and social engineering attacks continue to get more sophisticated, we also see they no longer discriminate. Regardless of size, every organization is now vulnerable to cyber threats, making organization-wide security awareness training your key to resiliency.
Proactive security and IT...
Known losses due to business email compromise have exceeded $12.5 billion worldwide, the FBI's Internet Complaint Center reports, adding that fraudsters are increasingly targeting the U.S. real estate sector with such scams.
It's a fair question: Can you trust the fraud advice you're given from a former fraudster? Especially one who's betrayed law enforcement before? Brett Johnson says he's abandoned crime for good, and he shares insight on the types of fraud schemes he once practiced.