Remove Digital transformation Remove Scams Remove Social Engineering
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Cyber Criminals and Groceries?

SecureWorld News

In early May 2025, two of the United Kingdom's best-known grocers, Marks & Spencer (M&S) and the Co-op, as well as luxury retailer Harrods, were struck by sophisticated social-engineering attacks that tricked IT teams into resetting critical passwords and deploying ransomware across their networks.

Retail 105
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Pig Butchering at Heart of Bank Failure — CEO Gets 24 Years in Jail

Security Boulevard

Oink, oink, FAIL—you’re in jail: Kansas bank chief exec Shan Hanes stole money from investors, a church and others to buy cryptocurrency to feed a scam. The post Pig Butchering at Heart of Bank Failure — CEO Gets 24 Years in Jail appeared first on Security Boulevard.

Banking 133
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Protecting Retailers Against Cyber Risks on Black Friday and Cyber Monday

Thales Cloud Protection & Licensing

Phishing and Fraud Bad actors can defraud customers out of their money, financial details, and other sensitive data by using deception and social engineering. By using AI to compose phishing messages, bad actors can avoid many of the telltale signs that indicate a scam, such as spelling and grammar errors and awkward phrasing.

Retail 71
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Identity at a Crossroads: Why Existential Identity Matters

Thales Cloud Protection & Licensing

AI-powered social engineering makes scams more convincing, while stolen passwords enable criminals to log into corporate networks and move laterally unnoticed. Deepfakes create hyper-realistic fake videos or voices that fool people, and identity theft helps attackers pretend to be someone else to steal data.

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Is the Future of Digital Identity Safe?

Thales Cloud Protection & Licensing

Is the Future of Digital Identity Safe? The pandemic has not only significantly accelerated digital transformation in all industries. It has further established digital services as one of the foundational pillars of the transformation of economies worldwide. Tue, 03/29/2022 - 11:28.

Scams 77
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2022: The threat landscape is paved with faster and more complex attacks with no signs of stopping

Webroot

The increased reliance on decentralized connection and the continued rapid expansion of digital transformation by enterprises, small to medium-sized businesses (SMBs) and individuals, provided cybercriminals with many opportunities to exploit and capitalize on unsuspecting businesses and individuals. “In Ransomware. Cryptocurrency.

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Cybersecurity Awareness Month 2024: The Top Four Ways to Secure Our World

Security Boulevard

It is essential to note that while phishing-resistant MFA is most effective against AI-enabled social engineering attacks, any form of MFA is much better than no MFA at all. The Thales 2024 Digital Trust Index indicates that 81% of customers expect brands to offer MFA, which serves as a means to greater loyalty and trust.