The gang operating Trickbot is continuing its activities despite recent takedown efforts, rolling out two updates that make the malware more difficult to kill, according to the security firm Bitdefender.
Companies should establish clear policies for how employees can report signs of accounts payable fraud, says Peter Goldmann, president of FraudAware, which provides antifraud training.
This report helps to quantify the economic cost of cyberattacks by analyzing trends in malicious activities over time. By better understanding the impact associated with cybercrime, organizations can determine the right amount of investment in cybersecurity. Looking back at the costs of cybercrime to date is...
The first six months of 2020 saw an increase in threats to OT and IoT networks, especially IoT botnet, ransomware and COVID-19-themed attacks. These attack types align with global computing and socio-economic trends. The rapid rise in IoT devices and connections, the worldwide COVID-19 pandemic, and the increasing...
President-elect Joe Biden on Monday announced that two former Obama-era officials are his nominees to head the U.S. Department of Homeland Security and the Office of Director of National Intelligence.
Sen. Ron Wyden, D-Ore., and Rep. Lauren Underwood, D-Ill., have introduced a bill designed to patch loopholes in the Federal Cybersecurity Enhancement Act of 2015 that they say allow federal agencies to easily avoid implementing required cybersecurity procedures.
Ransomware continues to pummel many types of organizations, recently including South Korea's E-Land retail group, French newspaper Paris-Normandie and a Georgia county school system. A ransomware hit against hosting giant Managed.com has resulted in ongoing site outages for numerous others.
Last week, fraudsters targeted two cryptocurrency platforms by accessing domains managed by GoDaddy, according to notices published by the victimized firms. The domain register company previously has had issues with unauthorized access.
The operators behind the Qbot banking Trojan are now deploying a recently uncovered ransomware variant called Egregor to target organizations across the world, according to researchers at Group-IB.
In the wake of the pandemic and the accelerated opening of digital accounts, fraudsters have changed their game to take advantage of financial institutions. But Kimberly White of LexisNexis Risk Solutions has new strategies and tools to help give institutions a fraud-fighting edge.
A Florida man has been sentenced to 37 months in prison after pleading guilty to a federal laundering money charge stemming from a $9 million business account takeover scheme, according to the Justice Department.
Researchers have identified a fresh variant of the Grelos skimmer that has co-opted the infrastructure that MageCart uses for its own skimming attacks against e-commerce sites, according to RiskIQ. The malware has been found on several small and mid-size e-commerce sites worldwide.
A U.S. unit of Italian-based eyewear maker and eye care center conglomerate Luxottica has reported a breach affecting over 829,000 individuals - the fourth largest health data breach added to the U.S. federal tally so far this year. It's unclear if a recent ransomware attack is related.
Watch this video featuring Analyst Amy DeMartine, VP Research Director at Forrester, along with Ido Safruti, CTO at PerimeterX, as they share their perspectives on the critical capabilities needed in a bot management solution to combat ATO.
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