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. “They are exit scamming their affiliates.

Healthcare 338

Healthcare Ransomware Scams Insurance 338

Krebs on Security

JUNE 30, 2021

A counterfeit check image [redacted] that was intended for a person helping this fraud gang print and mail phony checks tied to a raft of email-based scams. the “car wrap” scam ). ” A typical confirmation letter that accompanies a counterfeit check for a car wrap scam.

Scams 253

Scams Banking Accountability Cybercrime 253

SecureList

JUNE 26, 2023

Examples of scam threats and phishing Phishing and scam can pose a significant threat to SMBs, as scammers try to mimic payment, loan and other services, as well as cloud service providers like Microsoft, in order to obtain confidential information or company funds. Finally, the Trojan can install other malware, such as ransomware.

Cybercrime 90

Cybercrime Phishing Banking Malware 90

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 82

Scams Password Management Passwords Authentication 82

Krebs on Security

MAY 23, 2020

When a reliable method of scamming money out of people, companies or governments becomes widely known, underground forums and chat networks tend to light up with activity as more fraudsters pile on to claim their share. And that’s exactly what appears to be going on right now as multiple U.S. Meanwhile, a number of U.S.

Insurance 338

Insurance Accountability Banking Government 338

Security Affairs

JANUARY 7, 2024

Experts spotted a new macOS Backdoor named SpectralBlur linked to North Korea Merck settles with insurers regarding a $1.4 Enjoy a new round of the weekly SecurityAffairs newsletter, including the international press.

Artificial Intelligence 85

Artificial Intelligence Data breaches Scams Insurance 85

Krebs on Security

JUNE 18, 2021

The SEC says First American derives nearly 92 percent of its revenue from its title insurance segment, earning $7.1 Title insurance protects homebuyers from the prospect of someone contesting their legitimacy as the new homeowner. Title insurance is not mandated by law, but most lenders require it as part of any mortgage transaction.

Insurance 289

Insurance Risk Financial Services CISO 289

Identity IQ

OCTOBER 31, 2023

Scheumack is an expert in cybersecurity and has given numerous interviews on trending identity theft scams, including the rise of AI voice cloning scams. “We are honored to have IDIQ join our elite roster of CCOE Board Members with a focus on identity theft education.

Identity Theft 124

Identity Theft Education Scams Marketing 124

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 98

Data breaches Computers and Electronics Cybercrime Ransomware 98

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 86

Identity Theft Scams Cybercrime Accountability 86

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. Blocking scam text messages. Unauthorized payment card fraud. How can we help?

Scams 85

Scams Banking Cyber Insurance Cybercrime 85

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

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. Related to the topic of BEC, listen to our podcast episode, "The Enterprise Business Model of Cybercrime.". Since the town's budget is about $15.8

Scams 87

Scams Cybercrime Government Banking 87

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

CyberSecurity Insiders

JANUARY 6, 2023

By the time they adjust their processes, beef up their defenses, and add new layers of security, they find themselves battling more virulent ransomware strains and cyber-scams. Insurance Refusals and Rate Hikes. But not insurance companies. Slow Gains on Storage and Backup Security.

Backups 136

Backups Ransomware Insurance Cyber Insurance 136

Krebs on Security

AUGUST 17, 2023

The international police organization INTERPOL said last week it had shuttered the notorious 16Shop, a popular phishing-as-a-service platform launched in 2017 that made it simple for even complete novices to conduct complex and convincing phishing scams.

Phishing 200

Phishing Passwords Internet Internet 200

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 88

Spyware Cyber Insurance Hacking Advertising 88

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.

Cryptocurrency 239

Cryptocurrency Cybercrime Computers and Electronics Scams 239

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

Security Affairs

APRIL 30, 2023

ViperSoftX uses more sophisticated encryption and anti-analysis techniques Atomic macOS Stealer is advertised on Telegram for $1,000 per month CISA warns of a critical flaw affecting Illumina medical devices OpenAI reinstates ChatGPT service in Italy after meeting Garante Privacy’s demands Cisco discloses a bug in the Prime Collaboration Deployment (..)

Cybercrime 84

Cybercrime Malware Hacking Accountability 84

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 315

Scams Insurance DDOS Authentication 315

SecureWorld News

NOVEMBER 22, 2021

Treasury's Office of the Comptroller of Currency (OCC), the Board of Governors of the Federal Reserve (Board), and the Federal Deposit Insurance Corporation (FDIC), has been approved in an effort to enforce reporting standards related to banks. Liebes said: "So, what is the impact of cybercrime? A new rule, backed by the U.S.

Banking 73

Banking Cybercrime Insurance Ransomware 73

Security Boulevard

APRIL 23, 2021

In the same survey, 44% of respondents said they had seen an increase in scam text messages during the first two weeks of the nationwide quarantine period. Business email compromise is a sticky, multifaceted cybercrime that almost inevitably starts with a phishing attack. Business Email Compromise. Angler Phishing.

Phishing 101

Phishing Scams Media Backups 101

eSecurity Planet

SEPTEMBER 14, 2022

Cybercrime is a growth industry like no other. There are dozens if not hundreds of types of scams out there, but we’re going to focus on the scams most likely to affect a business, such as phishing or business email compromise (BEC). Finance and insurance finished a close second at 22.4%. billion in reported losses.

Social Engineering 117

Social Engineering Energy and Utilities Phishing Scams 117

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. The ever-present phishing challenge.

Internet 53

Internet Internet Scams Cybercrime 53

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 66

Data breaches Identity Theft Cybercrime Social Engineering 66

SecureWorld News

NOVEMBER 12, 2020

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 106

Cyber threats Insurance Cyber Insurance Ransomware 106

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 78

Scams Cybercrime Accountability Banking 78

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

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

SecureWorld News

OCTOBER 4, 2021

Peterborough has insurance through NH Primex. However, as of publication, it is still unclear how much the insurer will pay off for the damages or if any money will be repaid at all. This type of cybercrime continues to fleece organizations even though it lacks the sexy headlines of a ransomware attack.

Insurance 74

Insurance Ransomware Social Engineering Cybercrime 74

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. I imagine there will be scams and mule recruitment lures sent to those people in the near future. It's just human nature to think that way.

Identity Theft 77

Identity Theft Insurance Scams Cybersecurity 77

Malwarebytes

MARCH 10, 2021

This quickly became a mess of arguments over paying the ransom , and the world of cyber insurance and whether it would actually insure against these types of attacks. This seems a reasonable assumption; lots of consumer and business victims of cybercrime do not want to publicize it.

Ransomware 118

Ransomware Insurance Cyber Insurance Social Engineering 118

SecureWorld News

MAY 20, 2020

Now another significant cybercrime target is emerging: state unemployment benefit systems. Hackers scam Washington State's unemployment insurance. Most mules seem to have [been involved in] romance scams.". This is a gut punch.".

Cybersecurity 98

Cybersecurity Scams Cyber Attacks Government 98

SecureWorld News

OCTOBER 18, 2022

A real insider threat is employees, disgruntled or not, who accept offers of payment to purposely be complicit in a scam of their company. The insurance company got involved and said they will negotiate. The number one cybercrime is Business Email Compromise (BEC), Payton said. That's my goal," she said. It has hit all 50 U.S.

Ransomware 86

Ransomware Insurance CISO Social Engineering 86

SecureWorld News

SEPTEMBER 14, 2021

This is also true for victims of cybercrimes, too. 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. Other cyber scams where children's data can be vulnerable.

Cyber Insurance 86

Cyber Insurance Ransomware Insurance Backups 86

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