Automation, a good criminal network and the ability to use accounts as an alias are some of the factors contributing to synthetic ID fraud, says a panel of three experts.
A federal judge has imposed the maximum sentences - a total of seven years in prison - on a hacker who earlier pleaded guilty in a conspiracy case involving the hacking of University of Pittsburgh Medical Center human resources databases and the theft of personal information of 65,000 employees - some which was sold...
On one hand, 60% of survey respondents rate their institutions as "above average" or "superior" when it comes to mitigating fraud. Yet, 55% say their customers and partners lack sufficient awareness to protect themselves from fraud. Appgate's Bryan Jardine analyzes the Faces of Fraud survey results.
Australia is currently the 10th largest ecommerce market in the world by revenue. The ecommerce market value is at $33.1 billion, with an estimated growth rate of 8.9% in 2021.
As digital transformation accelerates initiatives like revenue collection, customer loyalty, and brand awareness are now primarily online....
The number of breach reports filed by U.S. organizations looks set to break records, as breaches tied to phishing, ransomware and supply chain attacks keep surging, the Identity Theft Resource Center warns. It says that there's also been a rise in tardy breach notifications containing little detail.
In the latest weekly update, four editors at Information Security Media Group discuss important cybersecurity issues, including why enterprises need a multilayered approach to securing identity, how fraud will evolve in 2022 and the need to secure backdoors to prevent ransomware attacks.
The White House is preparing executive branch agencies to adopt "zero trust" network architectures by 2024, with CISA and the OMB overseeing the creation of technology road maps that departments must follow. This is a major component of President Biden's cybersecurity executive order.
More than ever before, there’s a much larger reliance on conducting our business and personal lives digitally. Consumers and businesses embracing digital-only services, product delivery and work has resulted in increased fraud and identity theft.
As bad actors continue to expose weaknesses in new digital...
Investment banking giant Morgan Stanley is the latest company to report a data breach tied to zero-day attacks on Accellion's legacy File Transfer Appliance - yet another indicator of the sustained impact of supply chain attacks.
Telehealth has been essential to keeping people healthy and safe during the pandemic, and it has great potential to increase healthcare access for older adults in the future. However, it can also be stressful for those with an aversion to the idea of using technology to speak with their doctor.
Read this e-book...
This year, attackers are permeating the everyday lives of consumers, citizens, and lawmakers everywhere. The response to recent ransomware attacks on companies is serving as a reminder that cybersecurity, at its core, is a matter of building and maintaining trust.
Meanwhile, organizations and security professionals...
The Identity Theft Resource Center, a nationally recognized nonprofit organization established to support victims of identity crime, has published new research that shows nearly 30% of people who contact the ITRC are victims of more than one identity crime.
It is particularly challenging for financial institutions to catch authorized push payment fraud. But behavioral metrics can play a big role in detecting these incidents, says Steve Ledford of The Clearing House.
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