Thales Cloud Protection & Licensing

NOVEMBER 20, 2023

The Verizon 2023 Data Breach Investigations Report reveals that system intrusion, phishing, and web app attacks are the predominant patterns that enable criminals to steal personal and financial information, including credit card data. In case of a lost phone, promptly informing these services can prevent unauthorized access.

Retail 83

Retail Cybersecurity Financial Services Mobile 83

Adam Levin

NOVEMBER 17, 2020

Credit cards offer markedly better fraud protections than debit cards , which connect directly to your bank account. Virtual credit cards similarly allow online shoppers to mask their financial accounts. Many financial institutions offer free transaction alerts that notify you when charges hit your account.

Scams 243

Scams Retail Banking Passwords 243

Thales Cloud Protection & Licensing

JANUARY 10, 2022

The financial services ecosystem has evolved tremendously over the past few years driven by a surge in the adoption of digital payments. Security is paramount; digital payments are not only authorized but they must be authenticated as well. How Can We Secure The Future of Digital Payments? Tue, 01/11/2022 - 06:35.

Retail 126

Retail Financial Services Banking Authentication 126

SecureList

FEBRUARY 23, 2022

The research in this report is a continuation of our previous annual financial threat reports ( 2018 , 2019 and 2020 ), providing an overview of the latest trends and key events across the threat landscape. The term is also used to describe malware seeking access to financial organizations’ IT infrastructures. Financial Phishing.

Banking 95

Banking Phishing Cryptocurrency Malware 95

SecureList

MARCH 29, 2023

However, traditional financial threats – such as banking malware and financial phishing, continue to take up a significant share of such financially-motivated cyberattacks. Methodology For this report, we conducted a comprehensive analysis of financial cyber threats in 2022.

Banking 72

Banking Phishing Cryptocurrency Mobile 72

IT Security Guru

NOVEMBER 4, 2022

Looking at particular attack methods, Obrela found that those most utilised were typically malware infection, reconnaissance, data exfiltration and phishing attacks, along with the exploitation of malicious insiders. . To decrease risk and make sure their security posture is up to scratch, organisations must remember to do the ‘basics’.

Banking 102

Banking Phishing Financial Services Government 102

Security Affairs

MARCH 19, 2022

. “AvosLocker is a Ransomware as a Service (RaaS) affiliate-based group that has targeted victims across multiple critical infrastructure sectors in the United States including, but not limited to, the Financial Services, Critical Manufacturing, and Government Facilities sectors. ransomware and phishing scams).

Ransomware 98

Ransomware DDOS Passwords Backups 98

Malwarebytes

DECEMBER 1, 2022

Like other ransomware groups, its threat actors use double extortion tactics, predominantly targeting organizations in the US in five critical infrastructure sectors: critical manufacturing, financial services, government facilities, healthcare and public health, and information technology.

Ransomware 87

Ransomware Financial Services Accountability Malware 87

Security Affairs

MARCH 24, 2021

Forex trading may be dominated by banks and global financial services but, thanks to the Internet, the average person can today dabble directly in forex, securities and commodities trading. A German User’s Account. An Australian User’s Account. Financial details such as. Scams, Phishing and Malware.

Passwords 123

Passwords Accountability Media Identity Theft 123

Dark Reading

DECEMBER 18, 2012

The recent article, “$850 Million Scheme Exploited Facebook: Authentication, Secure Browsing Would Have Reduced Losses,” illustrates just how important customer authentication is. Within the next two to five years, we will see stronger authentication everywhere, because the banks are going to get sick of the losses.”.

Banking 40

Banking Authentication Risk Identity Theft 40

SecureWorld News

APRIL 4, 2022

The most frequent targets of leakware are hospitals, law firms, and financial services organizations. Government Accountability Office (GAO) data, 13 of the 16 agencies involved in the study reported a total cost savings of $291 million from using cloud services. According to the U.S.

Digital transformation 82

Digital transformation Ransomware Phishing Small Business 82

SecureList

MARCH 31, 2021

Even though, in 2020, we have seen ever more sophisticated cyberattacks, the overall statistics look encouraging: the number of users hit by computer and mobile malware declines, so does financial phishing. In this research, by financial malware we mean several types of malevolent software. Financial phishing.

Banking 119

Banking Phishing Malware Mobile 119

Security Boulevard

JUNE 26, 2023

Unfortunately, the increasing reliance on digital systems and capabilities has also attracted an ever-growing number of malicious actors seeking to defraud businesses through phishing , social engineering , or ransomware attacks. A lack of security features to upgrade or downgrade a user may result in mismanagement of user accounts.

Data breaches 52

Data breaches Healthcare Telecommunications Financial Services 52

eSecurity Planet

OCTOBER 5, 2021

Passwords are the most common authentication tool used by enterprises, yet they are notoriously insecure and easily hackable. At this point, multi-factor authentication (MFA) has permeated most applications, becoming a minimum safeguard against attacks. Jump to: What is multi-factor authentication? MFA can be hacked.

Authentication 99

Authentication Passwords Mobile Accountability 99

eSecurity Planet

JUNE 16, 2022

However, basic cybersecurity tools and practices, like patching , strong passwords , and multi-factor authentication (MFA), “can prevent 80 to 90% of cyberattacks,” said Anne Neuberger, deputy national security advisor for cyber and emerging technologies, during a White House press conference in Sept. Ransomware. Crimeware and spyware.

Backups 141

Backups Ransomware Firewall Malware 141

CyberSecurity Insiders

MARCH 13, 2021

For these consumers, smartphones have become the default way to carry out important everyday tasks; from ordering food and buying clothes , to accessing online accounts and paying for goods in-store. . In fact, in 202 1 , there are now an estimated 3.8 billion smartphone users – which equals 48.5%

Banking 52

Banking Mobile Financial Services Authentication 52

Security Affairs

JANUARY 27, 2022

Onfido, a London-based company, offers photo-based IDV services for businesses. Financial service providers, car rentals, and many other suppliers that need to confirm customer identities employ similar third-party services. Threat actors can abuse PII to conduct phishing and social engineering attacks.

Identity Theft 87

Identity Theft Accountability Data breaches Social Engineering 87

LRQA Nettitude Labs

JULY 5, 2023

Future Regulations Amongst the numerous challenges facing regulators, LRQA Nettitude anticipate that the initial focus will revolve around: Accountability : Determine who is accountable for compliance with existing regulation and the principles.

Artificial Intelligence 52

Artificial Intelligence Data privacy Social Engineering Risk 52

SecureWorld News

SEPTEMBER 10, 2020

The company says that ransomware accounted for 41% of cyber claims. And the most popular attack vector was phishing. These industries include consumer businesses, healthcare, and financial services. The number one type of cyber incident so far this year is ransomware. 54% of cyber attacks started with email.

Cyber Insurance 55

Cyber Insurance Insurance Ransomware Cyber Attacks 55

Krebs on Security

NOVEMBER 19, 2021

One of the more common ways cybercriminals cash out access to bank accounts involves draining the victim’s funds via Zelle , a “peer-to-peer” (P2P) payment service used by many financial institutions that allows customers to quickly send cash to friends and family. What’s your username?”

Scams 355

Scams Banking Passwords Authentication 355

Security Affairs

APRIL 30, 2020

Group-IB uncovered a new sophisticated phishing campaign, tracked as PerSwaysion, against high-level executives of more than 150 companies worldwide. . ybercriminals behind the PerSwaysion campaign gained access to many confidential corporate MS Office365 emails of mainly financial service companies, law firms, and real estate groups.

Phishing 94

Phishing Accountability Financial Services Cloud Migration 94

The Last Watchdog

JUNE 28, 2021

And yet, for all of its sophistication, Nobelium also engages in routine phishing campaigns to get a foothold in targeted organizations. They revert back to the tried-and-true technique of compromising victims’ passwords to gain access to their accounts. This of course is how they get a toehold to go deeper.

Hacking 214

Hacking Phishing Passwords Accountability 214

Duo's Security Blog

NOVEMBER 20, 2023

One piece of evidence to support this hypothesis is the low adoption of a basic security control that protects against identity-based attacks - multi-factor authentication (MFA). Add to this, the risks of weak authentication factors such as SMS one-time passcodes and dormant or inactive accounts.

Threat Detection 123

Threat Detection Authentication Accountability Data breaches 123

Centraleyes

DECEMBER 17, 2023

Established by the main major credit card financial companies back in 2004 (American Express, Discover Financial Services, JCB International, Mastercard and Visa), the standard has evolved over the years and is currently at version 4.0. Important Note: PCI DSS current version, Version 3.2.1, in March of 2024. .”

Passwords 52

Passwords Computers and Electronics Software Risk 52

The Last Watchdog

JULY 7, 2021

Credential stuffing is a type of advanced brute force hacking that leverages software automation to insert stolen usernames and passwords into web page forms, at scale, until the attacker gains access to a targeted account. Some deep, structural flaws persist in the way we use our web browsers and mobile apps to access online accounts.

Accountability 257

Accountability Mobile Passwords Authentication 257

The Last Watchdog

MAY 24, 2021

billion hitting financial services organizations — an increase of more than 45 percent year-over-year in that sector. billion web app attacks last year, with more than 736 million targeting financial services. billion web attacks globally; 736 million in the financial services sector. A: Everything.

Financial Services 178

Financial Services Passwords Media Data breaches 178

CyberSecurity Insiders

MAY 24, 2023

Website impersonation (also known as “brandjacking”) draws users to fraudulent copies of a brand’s website to trick them into revealing personal and financial account information used to steal their identities and funds. Memcyco is trusted by leaders in financial services, eCommerce and other industries.

eCommerce 94

eCommerce Artificial Intelligence Scams Financial Services 94

ForAllSecure

JANUARY 19, 2022

To use a service, we enter our user name and a password. But this method of authentication is flawed; either hashed or hashed and salted, usernames and passwords can still be stolen and reused. In part it’s because it’s part of the larger identity problem -- how do we know who’s on the other side of a connection?

Passwords 52

Passwords Authentication Mobile Password Management 52

NetSpi Executives

APRIL 27, 2024

Logins without multi-factor authentication. terminal services, virtual private networks (VPNs), and remote desktops—often use weak passwords and do not require MFA. terminal services, virtual private networks (VPNs), and remote desktops—often use weak passwords and do not require MFA. Enable multi-factor authentication.

Ransomware 52

Ransomware Cyber Insurance Backups Insurance 52

SecureWorld News

OCTOBER 15, 2020

A group of teenagers used social engineering to breach Twitter's network and take over the accounts of a whole bunch of A-listers. The teens also took over Twitter accounts of several cryptocurrency companies regulated by the New York State Department of Financial Services (NYDFS).

Social Engineering 98

Social Engineering Media Scams Financial Services 98

eSecurity Planet

JUNE 1, 2021

Cybersecurity experts at both Microsoft and SecureWorks said that the hacker group – called Nobelium by Microsoft but which also is known as APT29 – accessed the Constant Contact email marketing account used by the U.S. Agency for International Development (USAID) to launch phishing campaigns against a broad array of targets.

Phishing 70

Phishing Mobile Government Cybersecurity 70

Adam Levin

AUGUST 21, 2019

Bob from accounting goes on vacation with his laptop, and the next thing you know, millions of customers get hacked. Tortoises have no finances and, taken as a genus, they rarely have names and social media accounts. When they do have names and Instagram accounts, there’s a hackable human somewhere nearby.

Phishing 138

Phishing Accountability Cybersecurity Hacking 138