SecureWorld News

MAY 22, 2023

More than 450 workers at the United States Postal Service (USPS) lost more than $1 million in a direct deposit scam that left postal workers without pay, angry at the USPS for not heeding warnings of the scheme, and the agency scrambling to figure out exactly what happened. And this is, sadly, an example of why both of those are so critical."

Scams 85

Scams Password Management Passwords Authentication 85

Identity IQ

NOVEMBER 1, 2022

Elderly Americans are facing a drastic increase in cybercrime, identity theft and financial abuse. billion in cybercrime losses to the FBI’s Internet Crime Complaint Center (IC3) – a 74% increase from the previous year. Many seniors are less technologically savvy than younger generations, making them more vulnerable to cybercrime.

Identity Theft 95

Identity Theft Scams Cybercrime Accountability 95

Security Affairs

MARCH 17, 2024

France Travail data breach impacted 43 Million people Scranton School District in Pennsylvania suffered a ransomware attack Lazarus APT group returned to Tornado Cash to launder stolen funds Moldovan citizen sentenced in connection with the E-Root cybercrime marketplace case UK Defence Secretary jet hit by an electronic warfare attack in Poland Cisco (..)

Data breaches 105

Data breaches Computers and Electronics Cybercrime Ransomware 105

SecureWorld News

AUGUST 26, 2021

million being transferred to foreign internet scam artists. Adding a wrench into the unfolding events, officials are still waiting to see if the town's insurance will cover the losses. As it turns out, the scammers used fake email to pose as ConVal, where the actors then routed the payment into their bank account.

Scams 90

Scams Cybercrime Government Banking 90

Malwarebytes

FEBRUARY 3, 2023

As the reports covering all of 2022 start trickling in, we can see that cybercrime and other types of fraud had a major impact last year. million (roughly $750 million) through authorized and unauthorized fraud and scams in the UK alone. The threat which was mentioned the most in responses to the survey was phishing.

Scams 80

Scams Banking Cyber Insurance Phishing 80

Security Affairs

APRIL 30, 2023

Nominate here: [link] Follow me on Twitter: @securityaffairs and Facebook and Mastodon Pierluigi Paganini ( SecurityAffairs – hacking, newsletter ) The post Security Affairs newsletter Round 417 by Pierluigi Paganini – International edition appeared first on Security Affairs.

Cybercrime 88

Cybercrime Malware Hacking Accountability 88

BH Consulting

JANUARY 4, 2023

When economies take a turn for the worse, cybercrime tends to surge. Some experts believe the recession will trigger an increase in cybercrime. We only need to think back to the early days of COVID-19 and how criminals exploited the widespread uncertainty to spread scams, ransomware infections and other threats. Warning signs.

Scams 52

Scams Banking Cybercrime Insurance 52

Security Through Education

APRIL 7, 2021

” “Cybercrime apparently cost the world over $1 trillion in 2020.” The pandemic is providing the perfect cover for cybercrime, as can be seen in the alarming statistic from First Orion that criminals were able to get 270% more personal information in 2020 than in 2019 via vishing or phone scams. COVID-19 Scams.

Scams 92

Scams Computers and Electronics Insurance Social Engineering 92

Security Boulevard

APRIL 23, 2021

Phishing attacks account for more than 80% of reported security incidents. These attacks are also mounted against highly privileged accounts like administrators and security personnel. Business email compromise is a sticky, multifaceted cybercrime that almost inevitably starts with a phishing attack. Business Email Compromise.

Phishing 101

Phishing Scams Media Backups 101

BH Consulting

NOVEMBER 14, 2023

Scamalot: police point to ongoing online fraud… It may be the low-hanging fruit of the security profession, but every now and again it’s worth re-familiarising ourselves with how scams work. Tom Whipple, a journalist with The Times , has an excellent thread showing just how close he came to being scammed.

Scams 59

Scams Insurance Banking Data breaches 59

SecureWorld News

NOVEMBER 22, 2021

The Business Email Compromise (BEC) scam is one of the simplest and most damaging attacks businesses can face with losses ranging from hundreds to millions of dollars. According to the Federal Bureau of Investigation (FBI), losses due to BEC scams since 2013 total around $28 billion dollars and it is the most profitable cybercrime there is.

Scams 81

Scams Cybercrime Accountability Banking 81

eSecurity Planet

SEPTEMBER 14, 2022

Cybercrime is a growth industry like no other. To this end, some impressive technology has been created to combat the technological side of the issue, to keep hackers and similar bad actors from accessing data and account privileges they shouldn’t. Finance and insurance finished a close second at 22.4%.

Social Engineering 118

Social Engineering Energy and Utilities Phishing Scams 118

Identity IQ

DECEMBER 20, 2023

Businesses faced constant threats with phishing scams , malware , and other tactics. This signals a new era of cybercrime where private data becomes prized currency, putting every email address and credit card number at risk. But the numbers alone tell only part of the story.

Data breaches 72

Data breaches Identity Theft Cybercrime Social Engineering 72

BH Consulting

OCTOBER 6, 2022

Banks and insurance companies are telling customers to be wary of scam messages. Phishing and scam emails are – by some distance – the leading cause of ransomware infections, according to Statista. So with European Cybersecurity Month here, now’s a good time to familiarise ourselves again with a popular cybercrime tactic.

Security Awareness 52

Security Awareness Phishing Scams Social Engineering 52

Identity IQ

DECEMBER 22, 2021

The risk of identity theft is a concept that most of us are probably familiar with given the rise of cybercrime and data breaches. Personal information, like banking account numbers, also can be exposed. Log into the breached account and change your password. What Do You Need to Do When Your Employer Gets Hacked? IdentityIQ.

Identity Theft 98

Identity Theft Data breaches Hacking Passwords 98

BH Consulting

JUNE 13, 2023

Verizon points out that cybercrime risk crosses all sectors regardless of industry vertical, but it provides 10 sectoral snapshots to help readers understand the threats in more depth. Finance fraud and phishing scams increase in Ireland, too Financial fraud and scams in Ireland have risen by 560 per cent in three years.

Social Engineering 52

Social Engineering Data breaches Scams DDOS 52

SecureWorld News

SEPTEMBER 14, 2021

This is also true for victims of cybercrimes, too. Other children had been successfully signed up for an electric company account. The school district’s cyber insurance provided free credit monitoring, but many parents were still puzzled by how to report the problem and what steps they should take next to protect their children.

Cyber Insurance 90

Cyber Insurance Ransomware Insurance Backups 90

Security Affairs

APRIL 30, 2019

Attackers were able to trick the personnel into believing that the contractor had changed their bank, and asked them to transfer the funds to a new bank account under their control. Ambrose employees’ email accounts. The parish submitted an insurance claim in the attempt of recovering the stolen money. ” Stec added.

Insurance 78

Insurance Banking Advertising Accountability 78

SC Magazine

MAY 27, 2021

By the Fed’s definition, synthetic identity fraud is the use of artificially constructed identities, fake or mismatching personally identifiable information to scam organizations. While the Fed is primarily concerned with the financial sector, the approach can be used against a variety of industries, from insurance to health care.

Banking 90

Banking CISO Digital transformation Accountability 90

Herjavec Group

NOVEMBER 23, 2021

My gift to you this holiday season is a list of tips that will help you as a customer avoid adding cybercrime to that long list of stressors. Your credit card or PayPal account offers more protection if you are the victim of a cyber-attack because they are not directly linked to your bank account and provide insurance for theft.

Cybercrime 52

Cybercrime InfoSec Encryption Risk 52

Security Affairs

FEBRUARY 15, 2019

They profited from a scam, popular some time before, which sold “magic pills” — counterfeit drugs and dietary supplements purported to cure even serious chronic diseases. This scam’s elderly victims spent hundreds and thousands of dollars on the products, borrowing from friends and taking loans. Pierluigi Paganini.

Banking 82

Banking Scams Social Engineering Advertising 82

Security Boulevard

MARCH 31, 2021

Britain's biggest banks, including Barclays, HSBC, and NatWest, and insurance companies, including Aviva and Direct Line, will face new tougher testing of their cyber defences by the Bank of England's Financial Policy Committee (FPC). Cybercrime to cost over $10 Trillion by 2025. Stolen in Pandemic Scams. Stay safe and secure.

Energy and Utilities 122

Energy and Utilities Ransomware Banking Hacking 122

CyberSecurity Insiders

NOVEMBER 29, 2021

According to a recent analysis conducted by Freshbooks on the rise of Covid scams, email remains one of the most vulnerable outlets for cybercriminals. Still, because of the overwhelming pressure the healthcare sector suffered due to the Covid-19 pandemic, they were left more vulnerable to cybercrime. The data of over 1.2

Phishing 124

Phishing Healthcare Data breaches Cyber Attacks 124

Krebs on Security

MAY 24, 2019

The Web site for Fortune 500 real estate title insurance giant First American Financial Corp. based First American is a leading provider of title insurance and settlement services to the real estate and mortgage industries. According to the FBI, BEC scams are the most costly form of cybercrime today. Image: Linkedin.

Insurance 275

Insurance Banking Identity Theft Scams 275

SecureList

JUNE 26, 2023

Below is a brief description of the most popular types of threats that SMB employees encountered in January–May 2023: Exploits The biggest threat to SMBs in the first five months of 2023 were exploits , which accounted for 483,980 detections. If an employee enters their credentials, the scammers get access to their account.

Cybercrime 83

Cybercrime Phishing Banking Malware 83

Krebs on Security

MARCH 5, 2024

“But after receiving the payment ALPHV team decide to suspend our account and keep lying and delaying when we contacted ALPHV admin,” the affiliate “Notchy” wrote. “They are exit scamming their affiliates. “Sadly for Change Healthcare, their data [is] still with us.”

Healthcare 336

Healthcare Ransomware Scams Insurance 336

Krebs on Security

DECEMBER 29, 2022

Here’s a look at some of the more notable cybercrime stories from the past year, as covered by KrebsOnSecurity and elsewhere. Internal Revenue Service website for months: Anyone seeking to create an account to view their tax records online would soon be required to provide biometric data to a private company in Virginia — ID.me.

Cryptocurrency 233

Cryptocurrency Cybercrime Computers and Electronics Scams 233

Krebs on Security

SEPTEMBER 2, 2021

Some of the most successful and lucrative online scams employ a “low-and-slow” approach — avoiding detection or interference from researchers and law enforcement agencies by stealing small bits of cash from many people over an extended period. Why go after hotel or airline rewards?

Accountability 292

Accountability Authentication Passwords Hacking 292

SC Magazine

MAY 5, 2021

The FBI Internet Crime Complaint Center (IC3) in March released its 2020 Internet Crime Report with updated statistics on Business Email Compromise (BEC), Email Account Compromise (EAC), and COVID-19 scams. Organizations must navigate cybercrime at all times. The ever-present phishing challenge. Security pros know better.

Internet 53

Internet Internet Scams Cybercrime 53

Krebs on Security

DECEMBER 13, 2021

That compliance centered on the Health Insurance Portability and Accountability Act (HIPPA), which prioritizes protecting the integrity and privacy of patient data. By hacked I mean someone within the organization falls for a phishing scam, or clicks a malicious link and downloads malware. Now this is in itself isn’t bad.

Healthcare 267

Healthcare Ransomware Antivirus Software 267

Adam Levin

DECEMBER 7, 2020

The massive shift to work from home in response to the Covid-19 pandemic has meant a rush to secure a wider range of home devices and networks, and an instant spike in demand for training and services that protect employees in identifying attempted cyberattacks and scams. Economic stimulus checks were targeted.

IoT 130

IoT Artificial Intelligence Technology Scams 130

Krebs on Security

FEBRUARY 25, 2021

Labor Department’s inspector general said this week that roughly $100 million in fraudulent unemployment insurance claims were paid in 2020 to criminals who are already in jail. Many states also lacked the ability to tell when multiple payments were going to the same bank accounts. 77,000 NEW (AB)USERS EACH DAY.

Scams 313

Scams Insurance DDOS Authentication 313

Malwarebytes

MAY 21, 2023

ChatGPT can step in to offer insights on identifying the latest scams, avoiding social engineering pitfalls, and setting stronger passwords in concise, conversational text that may be more effective than a lecture or slide presentation.

Cybersecurity 75

Cybersecurity Artificial Intelligence Social Engineering Engineering 75