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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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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. Criminals use a wide range of methods to commit fraud. Online skimming. Encryption.

Retail 143
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Financial cyberthreats in 2022

SecureList

Additionally, in many markets mobile banking has been pushing out online banking, with more and more convenient and secure banking apps emerging. This report shines a spotlight on the financial cyberthreat landscape in 2022. Common types include Ponzi schemes, ICO scams, phishing scams, and fake wallet scams.

Banking 81
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Cybercrime Statistics in 2019

Security Affairs

According to the IC3 Annual Report released in April 2019 financial losses reached $2.7 Most financially devastating threats involved investment scams, business email compromises (BEC) , and romance fraud. Financial losses reached $2.7 billion in 2018. billion in 2018. 7 million in 2017 to a new high of US$13.

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Financial cyberthreats in 2021

SecureList

While 2021 did see an increase in threats to financial institutions on a global scale, it also saw PC and mobile malware continue on the downward trend previously seen in 2020. This report aims to offer thorough insights into the financial cyberthreat landscape in 2021. Mobile banking malware.

Banking 110
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What is a Cyberattack? Types and Defenses

eSecurity Planet

The 2022 SonicWall Cyber Threat Report found that all types of cyberattacks increased in 2021. Encrypted threats spiked 167%, ransomware increased 105%, and 5.4 billion malware attacks were identified by the report. Mobile attacks. Also read: Mobile Malware: Threats and Solutions. Ransomware.

Backups 145
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Financial Cyberthreats in 2020

SecureList

Even though, in 2020, we have seen ever more sophisticated cyberattacks, the overall statistics look encouraging: the number of users hit by computer and mobile malware declines, so does financial phishing. This report aims to shed a light on more details of financial cyberthreats in 2020. Its share grew by 12 p.p. to 17.5%.

Banking 125