Security Boulevard

AUGUST 26, 2021

The four most common ways hackers deploy botnets is for credit card fraud, account takeover (ATO) attacks, distributed […]. The post The 4 most common bad bot attack methods targeting financial services appeared first on Blog.

Financial Services 57

Financial Services Accountability 57

Security Affairs

APRIL 5, 2023

The discovery of STYX coincides with Resecurity financial crime risk analysts observing a significant increase in threat actors offering money-laundering services that exploit digital banking and cryptocurrency accounts. Resecurity’s investigation of STYX also yielded the discovery of 100 mules accounts.

Banking 85

Banking Cybercrime Accountability Risk 85

eSecurity Planet

SEPTEMBER 30, 2021

Underground services are cropping up that are designed to enable bad actors to intercept one-time passwords (OTPs), which are widely used in two-factor authentication programs whose purpose is to better protect customers’ online accounts. By using the services, cybercriminals can gain access to victims’ accounts to steal money.

Authentication 101

Authentication Social Engineering Phishing Banking 101

Security Affairs

MAY 10, 2022

“Frappo” was initially designed to be an anonymous cryptocurrency wallet based on a fork of Metamask and is completely anonymous, it doesn’t require a threat actor to register an account. Cybercriminals are forever leveraging advanced tools and tactics to attack consumers globally. To nominate, please visit:? Pierluigi Paganini.

Phishing 78

Phishing Banking Retail Financial Services 78

Thales Cloud Protection & Licensing

OCTOBER 24, 2019

One of the most common ways by which malicious actors perpetrate account takeover (ATO) fraud is via password brute forcing attacks. Once they’re in, malicious actors can leverage a compromised business account to steal sensitive information and/or stage secondary attacks. Employ Device Encryption.

Security Awareness 83

Security Awareness InfoSec Passwords Accountability 83

Identity IQ

JUNE 20, 2023

Last year, a staggering 61% of identity misuse cases reported to the Identity Theft Resource Center (ITRC) were the result of a prevalent social engineering scam known as an existing account takeover (ATO). In this scheme, scammers gain unauthorized access to a victim’s account and exploit it for malicious purposes.

Social Engineering 75

Social Engineering Scams Engineering Identity Theft 75

Security Boulevard

OCTOBER 16, 2023

See findings from Sift’s Q3 2023 Digital Trust & Safety Index on account takeover data, consumer insights, and emerging trends. The post Account takeover data, consumer insights, and emerging trends in 2023 appeared first on Sift Blog.

Accountability 57

Accountability 57

Security Boulevard

FEBRUARY 22, 2022

The post Why ATO Attacks Are Attacks on Your Customers appeared first on Blog. The post Why ATO Attacks Are Attacks on Your Customers appeared first on Security Boulevard. The rise in online sales and new technologies means businesses are being more […].

eCommerce 98

eCommerce Retail Technology Accountability 98

Digital Shadows

NOVEMBER 10, 2022

One of the most common tactics used by threat actors when impersonating executives is business email compromise (BEC), a method where an email or social media message coming from a fake VIP profile deceives employees to commit a certain action (usually transferring money to an attacker-controlled bank account).

Cyber threats 52

Cyber threats Media Social Engineering Mobile 52

Duo's Security Blog

DECEMBER 12, 2022

The top five primary cyber threats the report predicted for this holiday season include: Phishing and credential harvesting Account takeovers (ATO) Bots (scalpers and resellers) Gift and loyalty fraud Return fraud The good news is that there is a simple, elegant and modern solution to the top threats this season.

Retail 77

Retail Cyber threats Social Engineering Data breaches 77

CyberSecurity Insiders

DECEMBER 2, 2021

This blog was written by an independent guest blogger. However, some schemes layer on additional factors of authentication such as a fingerprint, a One-Time Temporary Password (OTTP) generated by an authentication app, or a physical security key to secure access to an account in the event of a password compromise.

Authentication 98

Authentication Accountability Passwords Mobile 98

Thales Cloud Protection & Licensing

OCTOBER 17, 2019

Phishing attacks, account takeover (ATO) fraud and data breaches can be mitigated by multi-factor authentication, strong access controls for regular as well as privileged users, and by encrypting all sensitive data for instance. That way, MFA protects an employee’s accounts even if a password is compromised.

Encryption 74

Encryption Authentication Passwords Data privacy 74