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The Future of Payments Security

Thales Cloud Protection & Licensing

The increasing trend of using mobile payments for in-store purchases (especially during the pandemic) is leading criminals to increasingly focus their efforts on defrauding people through online fraud and scams. Fraud and scams move to the web. In fact, recent reports highlight that “half of all mobile banking apps are vulnerable.”

Retail 143
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Financial cyberthreats in 2022

SecureList

However, traditional financial threats – such as banking malware and financial phishing, continue to take up a significant share of such financially-motivated cyberattacks. The good news is that regardless of these continuous advancements, we’ve witnessed a steady decrease in the number of attacks by banking Trojans.

Banking 81
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Security Roundup September 2023

BH Consulting

Business Email Compromise: a scam on the rise Business email compromise (BEC) scams are raking in more cash for fraudsters, who are evolving their tactics to avoid detection. Among the most popular lures and themes for the scams were payroll diversion, where the scammer asks to change their bank account or direct debit information.

Scams 59
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Security Affairs newsletter Round 460 by Pierluigi Paganini – INTERNATIONAL EDITION

Security Affairs

Apple created post-quantum cryptographic protocol PQ3 for iMessage Russian hacker is set to face trial for the hack of a local power grid Microsoft released red teaming tool PyRIT for Generative AI CISA orders federal agencies to fix ConnectWise ScreenConnect bug in a week FTC charged Avast with selling users’ browsing data to advertising companies (..)

Spyware 107
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Financial cyberthreats in 2021

SecureList

Driven by poverty and unemployment, cybercriminals intensified their malicious activity against bank customers and bank infrastructure. Well-known financial threats remain prominent. This report aims to offer thorough insights into the financial cyberthreat landscape in 2021. share for banking. Methodology.

Banking 110
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Financial Cyberthreats in 2020

SecureList

We have dubbed the first four families to have done this ( Guildma, Javali, Melcoz, Grandoreiro ) “the Tétrade” Later on the authors of Guildma also created the new banking malware Ghimob targeting users located in Brazil, Paraguay, Peru, Portugal, Germany, Angola, and Mozambique. As can be seen from the graph above, 37.2%

Banking 125
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Hacker Personas Explained: Know Your Enemy and Protect Your Business

Webroot

An impersonation attack recently made headlines with the 2020 Twitter/Bitcoin scam , in which 130 high-profile Twitter accounts were compromised by outside parties to steal bitcoin. This is a scam that’s been around for years and since no one can reverse a cryptocurrency transaction, it’s very likely here to stay.

Scams 107