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

CyberSecurity Insiders

JANUARY 6, 2023

2022 clearly demonstrated that attacks on data represent the greatest cyber-threat organizations face. Notable data breaches took place at Microsoft, News Corp., Hence the coming year will inevitably see more data attacks with greater sophistication resulting in ever higher monetary and business losses.

Backups 136

Backups Ransomware Insurance Cyber Insurance 136

BH Consulting

JUNE 13, 2023

Target the human, swipe the cash: Verizon DBIR 2023 highlights crime trends Manage the human risk and mind your money: those are two key takeaways from Verizon’s 2023 Data Breach Investigations Report. The report contains analysis from 16,312 security incidents, of which 5,199 were confirmed breaches.

Social Engineering 52

Social Engineering Data breaches Scams DDOS 52

Security Affairs

FEBRUARY 25, 2024

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 95

Spyware Cyber Insurance Hacking Advertising 95

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. Works has revealed that most employees do little to protect themselves when they learn their personal information has been exposed in an employer’s data breach.

Identity Theft 98

Identity Theft Data breaches Hacking Passwords 98

SecureWorld News

NOVEMBER 12, 2020

Data Breach. This is partly driven by cyber insurance and a growing number of organizations seeing this insurance as a business necessity: "Although cyber insurance policies existed since early 2000, ransomware attacks are one of the main reasons for the increased interest in this type of insurance during the last 5 years.

Cyber threats 107

Cyber threats Insurance Cyber Insurance Ransomware 107

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 82

Scams Cybercrime Accountability Banking 82

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. The Verizon Data Breach Investigations Report tells us that 82 per cent of security incidents have a human component. .

Security Awareness 52

Security Awareness Phishing Scams Social Engineering 52

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

SecureWorld News

JANUARY 5, 2023

These identity protection services include one year of credit and CyberScan monitoring, a $1,000,000 insurance reimbursement policy, and fully managed identity theft recovery services. The most immediate use of this data is to realize there are a handful of people on the lower end of the economic scale who are looking for jobs.

Identity Theft 81

Identity Theft Insurance Scams Cybersecurity 81

SecureWorld News

OCTOBER 30, 2023

It serves as a vessel for various strains of malware, including ransomware, and underlies data-stealing campaigns that target large organizations and individuals alike. According to Verizon's 2023 Data Breach Investigations Report (DBIR), a whopping 74% of breaches involve a human element, which is exactly what phishing aims to exploit.

Phishing 99

Phishing Scams Passwords Wireless 99

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

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

Krebs on Security

MARCH 5, 2024

Assuming Change Healthcare did pay to keep their data from being published, that strategy seems to have gone awry: Notchy said the list of affected Change Healthcare partners they’d stolen sensitive data from included Medicare and a host of other major insurance and pharmacy networks.

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. 24, Russia invades Ukraine, and fault lines quickly begin to appear in the cybercrime underground. com, which was fed by pig butchering scams. Uber blames LAPSUS$ for the intrusion.

Cryptocurrency 233

Cryptocurrency Cybercrime Computers and Electronics Scams 233

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. “Another elderly victim started weeping when they realized they weren’t getting a job and were the victim of a job scam. .”

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 73

Cybersecurity Artificial Intelligence Social Engineering Engineering 73