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Phishing
PayPal becomes phisher’s favorite brand, Office 365 phishing techniques evolve

PayPal has overtaken Microsoft to claim the number one ranking for phisher’s favorites for the first time. Netflix was not far behind as the streaming giant moved up to …

face
Cybercriminals are testing exposed credentials for future account takeover attacks

Fraud increased 30% overall in Q3 2019 and bot-driven account registration fraud is up 70% as cybercriminals test stolen credentials in advance of the holiday retail season, …

BEC scams
Nikkei hit by BEC scammers, loses $29 million

Japanese media company Nikkei Inc. is the latest organization to be fleeced by BEC scammers, to the tune of $29 million. What happened? The company confirmed last week that, …

email
Researchers develop machine learning-based detector that stops lateral phishing attacks

Lateral phishing attacks – scams targeting users from compromised email accounts within an organization – are becoming an increasing concern in the U.S. Whereas in …

mobile work
Risky transactions on mobile devices increase 138% since 2017

Risky transactions on mobile devices are showing an increase of 138% since 2017, iovation survey of 802 consumers from the United Kingdom and 802 consumers from the United …

bomb
Companies unprepared to deal with mobile attacks, synthetic identity fraud, CCPA compliance

There is a growing impact of large-scale data breaches and fraud on consumer trust and the critical need for businesses to balance the digital consumer experience with strong …

crowd
Perceptions on the impact of data breaches and identity protection

4iQ recently completed research focusing on Americans’ attitudes about cybersecurity breaches and the efforts that organizations make to mitigate breaches’ effects on identity …

thief
Fake mobile app fraud tripled in first half of 2019

In Q2 2019, RSA Security identified 57,406 total fraud attacks worldwide. Of these, phishing attacks were the most prevalent (37%), followed by fake mobile apps (usually apps …

thief
As consumers engage with insurance companies online, new types of digital fraud emerge

As more U.S. consumers use digital platforms when engaging with insurance companies, new fraud challenges are likely to arise for insurance carriers, according to TransUnion …

online shopping
Only one quarter of retail banks have adopted an integrated approach to financial crime systems

Most banks plan to integrate their fraud and financial crime compliance systems and activities in response to new criminal threats and punishing fines, with the U.K. leading …

cybercrime
Fraudsters no longer operate in silos, they are attacking across industries and organizations

From January 2019 through June 2019, LexisNexis Risk Solutions recorded 16.4 billion transactions, of which 277 million were human-initiated attacks, a 13% increase over the …

click
More than 99% of cyberattacks rely on human interaction

Cybercriminals target people, rather than systems and infrastructure, to install malware, initiate fraudulent transactions, steal data, and more, according to Proofpoint. …

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