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The Rise of AI Social Engineering Scams

Identity IQ

The Rise of AI Social Engineering Scams IdentityIQ In today’s digital age, social engineering scams have become an increasingly prevalent threat. In fact, last year, scams accounted for 80% of reported identity compromises to the Identity Theft Resource Center (ITRC). Phishing attacks.

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The Risk of Weak Online Banking Passwords

Krebs on Security

If you bank online and choose weak or re-used passwords, there’s a decent chance your account could be pilfered by cyberthieves — even if your bank offers multi-factor authentication as part of its login process. Crooks are constantly probing bank Web sites for customer accounts protected by weak or recycled passwords.

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Report: Big U.S. Banks Are Stiffing Account Takeover Victims

Krebs on Security

consumers have their online bank accounts hijacked and plundered by hackers, U.S. But new data released this week suggests that for some of the nation’s largest banks, reimbursing account takeover victims has become more the exception than the rule. In the case of Zelle scams, the answer is yes. ” Sen.

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Microsoft: Slow MFA adoption presents “dangerous mismatch” in security

Malwarebytes

That leaves 78 percent that only require usernames and passwords to authenticate account users. billion account hijacking attempts using brute-forced stolen passwords. ” This claim was backed up by Grzegorz Milka, a Google software engineer who presented at the Usenix’s Enigma 2018 security conference.

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Top 5 features of a secure password reset solution

IT Security Guru

Passwords are the first line of defense when it comes to digital security. For most businesses, each employee is going to have at least one username and password that they need to remember. Depending on the size of your organization, this can mean spending a massive amount of your IT budget on simple account management.

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P@ssW0rdsR@N0T_FUN!

Duo's Security Blog

No matter how many letters, numbers, or special characters you give them and no matter how many times you change them, passwords are still @N0T_FUN! Using strong passwords and a password manager 2. Past When the use of passwords began, they were a “good enough” method to control user access to digital systems.

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The Problem With One-Time Passcodes

Duo's Security Blog

The benefit of these codes is that they are random numbers, so they can be difficult to guess, and they cannot be reused across a user’s different accounts (like passwords typically are). Phishing: An attacker sends a user a link to a fake website to capture the user’s username and password.