Latest News

04/09/2020

Police warn of resurgence of WhatsApp scams involving takeover of accounts

Today Online

SINGAPORE — Scams involving the takeover of WhatsApp accounts have made a comeback as criminals take advantage of the increase in online activities here, the police warned in a news release on Wednesday (April 8).

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04/09/2020

Email.it data breach exposes 600,000 users

Digital Journal

It has been announced that the Italian email provider Email.it has seen a data breach leading to personal information relating to more than 600,000 users is being sold on the dark web.

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04/09/2020

Coronavirus checks: flattening the scam curve

Federal Trade Commission

There’s a lot to worry about when it comes to the Coronavirus crisis, including the new ways scammers are using the economic impact payments (so-called “stimulus checks”) to trick people. To keep ahead of scammers who are trying to cash in on those payments, read on.

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04/08/2020

Avoid scams while finding help during quarantine

Federal Trade Commission

Older adults may be hard hit by the coronavirus – and scammers prey on that. If you or someone you know must stay at home and needs help with errands, you’ll want to know about this latest scam.

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04/08/2020

Avoiding SSA scams during COVID-19

Federal Trade Commission

While some of you are home, practicing social distancing and frequent hand washing to avoid the Coronavirus, remember that scammers are still busy trying to take advantage of people.

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04/08/2020

Fake Malwarebytes Site Used by Malvertising Attack to Spread Raccoon

The State of Security

A malvertising campaign used a copycat website for anti-malware software provider Malwarebytes to distribute the Raccoon infostealer.

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04/08/2020

Officials sound alarm over virus relief check scams

The Hill

An IRS watchdog on Tuesday urged people to watch out for possible scams related to the federal government’s coronavirus assistance to taxpayers as lawmakers and government officials are seeking to prevent people from falling victim to schemes about the forthcoming recovery checks.

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04/07/2020

Cell phone withdrawals were computer fraud

Virginia Lawyers Weekly

Where appellant used his cell phone to make unauthorized withdrawals from his grandmother’s bank account, his computer fraud conviction is affirmed. His cell phone was a device that fell within the statutory definition of a computer.

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04/07/2020

Learn How to Get the Most out of Fraud Prevention

PaymentsJournal

Fraud prevention and management is a key area of focus in the constantly evolving payments industry, as consumers demand personalized, tech-enabled payments experiences and fraudsters become increasingly sophisticated.

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04/07/2020

Beyond Zoom: How Safe Are Slack and Other Collaboration Apps?

threatpost

COVID-19’s effect on work footprints has created an unprecedented challenge for IT and security staff. Many departments are scrambling to enable collaboration apps for all — but without proper security they can be a big risk.

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04/07/2020

L4NC34 Ransomware’s Encryption Routine Reversed by Researchers

The State of Security

Security researchers reversed the encryption routine employed by L4NC34 ransomware by decrypting a file without paying the ransom.

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04/03/2020

The Surging ACH

Digital Transactions

No, that’s not an oxymoron. The big, 46-year-old network, with links to virtually every bank in the country, is on a growth tear. Here’s why.

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04/03/2020

Coronavirus fraud is so bad the FTC made a scam bingo card

Yahoo Finance

With much of the country in quarantine advised to practice social distancing measures, the risk of scams has spiked. Already, coronavirus-related robocalls have gotten worse as scammers have pivoted to use fear and isolation to their advantage.

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04/03/2020

We’re All Remote Here: Videoconferencing Securely

The State of Security

The current pandemic has certainly shown the utility of electronic collaboration tools such as videoconferencing platforms

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04/03/2020

Protecting Office 365 from external and insider data breaches

Enterprise Times

Today, one out of every five corporate employees use Office 365 as more enterprises adopt the cloud-based suite of applications to reduce costs and increase productivity.

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04/03/2020

3 Remote Learning Cybersecurity Risks

Security Boulevard

The coronavirus is a crisis for schools, businesses, and individuals all over the country. Within a matter of weeks, our world is changing and everyone is pulling together to try to solve a variety of problems.

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04/03/2020

Zoom promises to improve its security and privacy as usage (and concern) soars

The State of Security

What’s happened? Well, Coronavirus 2019 (COVID-19) happened.

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04/03/2020

Nearly Half of Employees Don’t Know What to Do When Ransomware Hits

The State of Security

A survey revealed that approximately half of employees didn’t know how to respond in the event their organization suffered a ransomware infection.

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04/03/2020

FBI Warns Of Costco Coronavirus ‘Stimulus Check’ Scam

CBS San Diego

SAN DIEGO (CBS Local) — Text messages claiming to offer “goodies” from big box chain Costco as part of a “COVID-19 stimulus package” for the store’s “loyal customers” are not only fraudulent, but they also include links that may contain malware or ransomware, the FBI says.

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04/03/2020

Small businesses: Where to go for financial relief information

FTC

If you own a small business or work for one, you’ve seen the headlines about financial relief that may be available to some companies through the Small Business Administration (SBA).

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04/03/2020

Grandparent scams in the age of Coronavirus

FTC

“Grandma: I’m in the hospital, sick, please wire money right away.” “Grandpa: I’m stuck overseas, please send money.” Grandparent scams can take a new twist – and a new sense of urgency – in these days of Coronavirus. Here’s what to keep in mind.

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04/02/2020

While you’re at home, spot the scams

FTC

Many of us are at home, trying to protect our communities from the Coronavirus.

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04/02/2020

Zoom Lets Attackers Steal Windows Credentials, Run Programs via UNC Links

Bleeping Computer

The Zoom Windows client is vulnerable to UNC path injection in the client's chat feature that could allow attackers to steal the Windows credentials of users who click on the link.

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04/01/2020

KARE 11 Investigates: SBA loan scam targets MN business owners

KARE 11

Real-looking emails about emergency loan applications claim to be from the Small Business Administration. They’re really a COVID-19 ‘phishing’ scam.

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04/01/2020

FBI urges vigilance against scams targeting coronavirus stimulus checks

RTV6

INDIANAPOLIS — The Federal Bureau of Investigation is warning people to beware of scams related to the coronavirus pandemic.

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04/01/2020

60 and over in the time of COVID-19? Read on.

FTC

I know, 60-year-olds. You’re not old. In fact, we’ve found that, when people think “old,” they think of someone about 10 years older than they are right now.

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04/01/2020

Marriott International confirms data breach of up to 5.2 million guests

Naked Security

Marriott International has today announced that it has suffered a data breach affecting up to 5.2 million people.

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04/01/2020

Are You Ready for the Remote Work’s Toll on Corporate Security?

The State of Security

Given the situation that many companies, organizations and government agencies have been forced into working remotely due to COVID-19, it is imperative to give some thought about corporate security.

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04/01/2020

Phish of GoDaddy Employee Jeopardized Escrow.com, Among Others

Krebs on Security

A spear-phishing attack this week hooked a customer service employee at GoDaddy.com, the world’s largest domain name registrar, KrebsOnSecurity has learned.

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03/30/2020

Socially distancing from COVID-19 robocall scams

FTC

Scammers – and scammy companies – are using illegal robocalls to profit from Coronavirus-related fears.

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03/30/2020

Got student loan debt? Read this.

FTC

You’ve probably seen ads for companies that can help you lower – or even totally get rid of – your student loan debt. Some of those companies just take your money and do nothing for you.

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03/30/2020

Social Distancing Has Caused More Online Shopping. And Fraud.

PaymentsJournal

Large swaths of the global economy have ground to a halt as governments scramble to stop the spread of COVID-19.

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03/30/2020

Third-party data breach exposes GE employees’ personal information

The State of Security

Past and present employees of General Electric (GE) are learning that their sensitive information has been exposed by a data breach at a third-party service provider.

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03/30/2020

Tupperware Website Compromised with Credit Card Skimmer

The State of Security

Digital attackers compromised the website of kitchen and household products manufacturer Tupperware with a credit card skimmer.

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03/30/2020

Deep Dive: Why New Hacking Technology Has Made Application Fraud More Difficult To Fight

PYMNTS.com

The financial industry is particularly vulnerable to digital fraud.

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03/30/2020

Equifax breach: Check for exposed data, get $125

13WOWK

TOPEKA, KS (KSNT) – Following a data breach exposing the social security numbers of millions, the credit bureau at fault will also spend millions to pay back those affected.

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03/30/2020

Beware Of Stimulus Check Scams And Related Hoaxes

Forbes

Ugh. The ink is barely dry on the "Coronavirus Aid, Relief, and Economic Security Act" or the "CARES Act" - and scammers are already coming up with schemes to defraud taxpayers.

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03/30/2020

FBI Warns Health Care Professionals of Increased Potential for Fraudulent Sales of COVID-19-Related Medical Equipment

Imperial Valley news

Washington, DC - Scammers continue to take advantage of the COVID-19 pandemic to steal money through a variety of means.

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03/30/2020

COVID-19 Scam Roundup – March 30, 2020

The State of Security

Many in the digital security community are coming together to combat malicious actors during the coronavirus disease 2019 (COVID-19) global outbreak.

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03/26/2020

Russians Shut Down Huge Card Fraud Ring

Krebs on Security

Federal investigators in Russia have charged at least 25 people accused of operating a sprawling international credit card theft ring.

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03/26/2020

Banking Bots: The Good, The Bad And The Ugly

PYMNTS.com

Digital fraud continues to flourish, with recent surveys finding that security breaches have increased 67 percent since 2014 and 11 percent since 2018.

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03/25/2020

Watch out for stimulus check fraud

KNSS.Radio.com

The United States Treasury Department could soon start issuing relief checks to American families and businesses. Right now - the proposal includes sending two large checks to many Americans and devoting $300 billion toward helping small businesses avoid mass layoffs.

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03/25/2020

Surviving Isolation: A Lesson From 5 Astronauts

Futurism

Self quarantine can get pretty lonely — especially if you’re used to spending a lot of time around other people on a daily basis.

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03/25/2020

Fraud In A Post COVID-19 World

Forbes

While scammers are out there marking up hand sanitizer and surgical masks, there is a much larger risk of fraud looming in the future.

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03/25/2020

Taxes and Finance: The IRS Data Theft Problem

The Willits News

Here’s how to minimize your risk: What better place for online thieves to target than a database that contains 300 million+ Social Security numbers and a treasure trove of financial information?

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03/25/2020

Dispelling 5 Myths and Misconceptions Surrounding File Integrity Monitoring (FIM)

The State of Security

File integrity monitoring (FIM) started back in 1997 when Gene Kim launched Tripwire and its “Change Audit” solution.

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03/25/2020

US Government Sites Give Bad Security Advice

Krebs on Security

Many U.S. government Web sites now carry a message prominently at the top of their home pages meant to help visitors better distinguish between official U.S. government properties and phishing pages.

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03/24/2020

Watch out for stimulus check fraud

KNSS.Radio.com

The United States Treasury Department could soon start issuing relief checks to American families and businesses. Right now - the proposal includes sending two large checks to many Americans and devoting $300 billion toward helping small businesses avoid mass layoffs.

Details >
03/24/2020

Now more than ever, spot the scams with #FTCScamBingo

FTC

During the Coronavirus outbreak, many people are working from home — and maybe even, for the first time in a long time, answering calls from unfamiliar phone numbers.

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03/24/2020

Who’s Behind the ‘Web Listings’ Mail Scam?

Krebs on Security

In December 2018, KrebsOnSecurity looked at how dozens of U.S. political campaigns, cities and towns had paid a shady company called Web Listings Inc. after receiving what looked like a bill for search engine optimization (SEO) services rendered on behalf of their domain names.

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03/24/2020

Police respond to robbery attempt at bank drive-thru

The Lawton Constitution

Between 10:30 and 11 a.m. on Monday, the Lawton Police Department received a call from an employee at Southwest Oklahoma Federal Credit Union, 6714 W. Gore, LPD Public Relations Officer Timothy Jenkins said.

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03/23/2020

Security Breach Disrupts Fintech Firm Finastra

Krebs on Security

Finastra, a company that provides a range of technology solutions to banks worldwide, said today it was shutting down key systems in response to a security breach discovered this morning.

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03/23/2020

European Online Fraud: Three Big Areas of Concerns

MSSP Alert

Online and offline scammers have hit millions of European consumers with sophisticated fraud tricker — particularly monetary fraud, identity theft and buying scams.

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03/23/2020

Alert! Your Siri and Google assistant can be hacked with Ultrasonic Waves

Tech Explorist

Recent advances in artificial intelligence (AI) and machine learning have enabled new game-changing technologies for humans to interact with machines using voices.

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03/23/2020

Justice takes first federal court action against coronavirus fraud

The Hill

The Justice Department announced Sunday that it was taking action to shutter a website falsely claiming to have access to "vaccine kits" supposedly manufactured by the World Health Organization (WHO) to prevent coronavirus.

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03/23/2020

FBI SEES RISE IN FRAUD SCHEMES RELATED TO THE CORONAVIRUS (COVID-19) PANDEMIC

FBI

Scammers are leveraging the COVID-19 pandemic to steal your money, your personal information, or both. Don’t let them.

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03/20/2020

BBB warning consumers of new COVID-19 text messaging scams

WFXR Fox

ROANOKE, Va. (WFXR) – The Better Business Bureau Serving Western Virginia is informing consumers of new phishing scams coming by way of a text message.

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03/20/2020

Five billion records exposed in open ‘data breach database’

SC Magazine

More than five billion records were exposed after a Keepnet Labs Elasticsearch “data breach database” housing a trove of security incidents from the last seven years was left unprotected.

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03/20/2020

How Hackers Target Food Deliveries During the Coronavirus Pandemic

Austin INNO

Earlier this week, Austin-based cybersecurity startup SpyCloud posted a tweet that showed a behind the scenes look at a cybercriminal forum.

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03/20/2020

Got a call about claiming your COVID-19 stimulus check? It's a scam

ABC7 NY

RALEIGH -- Scammers are already trying to take advantage of the COVID-19 fears and claim to be calling about President Trump's stimulus package.

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03/20/2020

Zxyel Flaw Powers New Mirai IoT Botnet Strain

Krebs on Security

In February, hardware maker Zyxel fixed a zero-day vulnerability in its routers and VPN firewall products after KrebsOnSecurity told the company the flaw was being abused by attackers to break into devices.

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03/19/2020

Nefilim Ransomware Threatens to Release Victims’ Data within a Week

The State of Security

A newly discovered ransomware family called “Nefilim” told its victims that it would publish their stolen data within a week unless they paid their ransom.

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03/19/2020

Food Delivery Website in Germany Targeted by DDoS Attackers

The State of Security

Malicious individuals targeted a food delivery website located in Germany with a distributed denial-of-service (DDoS) attack.

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03/19/2020

FDIC Approves Square For Banking License

PYMNTS.com

The Federal Deposit Insurance Corporation (FDIC) gave the green light to an application from the FinTech firm Square to create a de novo industrial bank in Utah, the agency said on Wednesday (March 18).

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03/19/2020

FDIC warns of scams being carried out in its name

American Banker

The Federal Deposit Insurance Corp. has warned that fraudsters are taking advantage of the atmosphere of fear and confusion surrounding the coronavirus pandemic to perpetrate scams in the agency's name.

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03/19/2020

Could The Coronavirus Crisis Solve Digital IDs’ ‘Chicken and Egg’ Problem?

PYMNTS.com

When all is said and done, when the pandemic is over, when we emerge on the other side of this, it’s safe to say that who we are – no matter where we live – will have changed a bit.

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03/19/2020

The State of the Cybersecurity Market: Where We’ve Come, Where We’re Going

The State of Security

There’s an interesting trend that I have personally noticed over the past few years: organizations are starting to take cybersecurity more seriously.

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03/19/2020

What Is Multi-Factor Authentication, and What Does It Have to Do with You?

The State of Security

Security isn’t a simple matter of caring or spending time reading manuals or being told what you can or can’t do.

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03/19/2020

FTC: Coronavirus scams, Part 2

FTC

Last month, we alerted you to Coronavirus scams we were seeing at the time

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03/19/2020

Services Will Fail You as the World Stays Home

Review Geek

As COVID-19 spreads and wreaks havoc on our way of life, more and more people are staying home.

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03/18/2020

Services Will Fail You as the World Stays Home

Review Geek

As COVID-19 spreads and wreaks havoc on our way of life, more and more people are staying home.

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03/18/2020

Online security tips for working from home

FTC

Teleworking during the Coronavirus outbreak? While working from home can help slow the spread of the virus, it brings new challenges: juggling work while kids are home from school; learning new software and conferencing programs; and managing paper files at home.

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03/18/2020

Coronavirus Widens the Money Mule Pool

Krebs on Security

With many people being laid off or working from home thanks to the Coronavirus pandemic, cybercrooks are almost certain to have more than their usual share of recruitable “money mules” — people who get roped into money laundering schemes under the pretense of a work-at-home job offer.

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03/18/2020

OCC did its part to secure customer data. Now it’s CFPB’s turn.

BankThink

The Office of the Comptroller of the Currency recently made clear that banks aren’t necessarily entering third-party relationships when they allow customers to use fintech apps powered by aggregators.

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03/18/2020

Checks from the government

FTC

As the Coronavirus takes a growing toll on people’s pocketbooks, there are reports that the government will soon be sending money by check or direct deposit to each of us.

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03/16/2020

$153 million in Western Union refunds

FTC

Refund checks worth about $153 million are going out to over 109,000 people who sent money to scammers through Western Union wire transfers.

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03/16/2020

The Web’s Bot Containment Unit Needs Your Help

Krebs on Security

Anyone who’s seen the 1984 hit movie Ghostbusters likely recalls the pivotal scene where a government bureaucrat orders the shutdown of the ghost containment unit, effectively unleashing a pent-up phantom menace on New York City.

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03/15/2020

One man lost his life savings in a SIM hack. Here's how you can try to protect yourself

CNN Business

San Francisco (CNN Business)Robert Ross was sitting in his San Francisco home office in October 2018 when he noticed the bars on his phone had disappeared and he had no cell coverage. A few hours later, he had lost $1 million.

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03/12/2020

Crafty Web Skimming Domain Spoofs “https”

Krebs on Security

Earlier today, KrebsOnSecurity alerted the 10th largest food distributor in the United States that one of its Web sites had been hacked and retrofitted with code that steals credit card and login data.

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03/12/2020

Live Coronavirus Map Used to Spread Malware

Krebs on Security

Cybercriminals constantly latch on to news items that captivate the public’s attention, but usually they do so by sensationalizing the topic or spreading misinformation about it.

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03/12/2020

International Sweep Against Elder Fraud

National Law Review

The US Department of Justice (DOJ) swept up more than 400 defendants for committing fraud against elder citizens this month.

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03/12/2020

Brave browser to block web fingerprinting with randomisation

Naked Security

As privacy experts constantly remind everyone, when it comes to tracking using web fingerprinting, users can run, but they simply can’t hide.

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03/12/2020

New financial fraud attacks detected 'every two minutes'

Techradar.pro

Cyberattacks involving financial fraud saw a huge increase in 2019, a new report from Palo Alto Networks has revealed.

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03/09/2020

Fraud Is Rapidly Evolving in 2020

PaymentsJournal

Now that it’s well into 2020, we’re in the midst of a rapidly evolving fraud landscape

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03/09/2020

7 Things to Do Right Away If You're a Victim of a Data Breach

Kiplinger

In today's digital age, data breaches have become all too common and leave unsuspecting consumers vulnerable to a host of identity theft issues

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03/09/2020

Social Security Issues Warning On New Texting Scam

Forbes

Scammers aren't just relying on robocalls and voice mails to reach potential victims: they're now texting.

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03/09/2020

Be on High Alert for New Wave of Wire Fraud Scams

The National Law Review

Scammers always go back to the good old scams, even when they are making bundles on new scams.

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03/09/2020

U.S. Govt. Makes it Harder to Get .Gov Domains

Krebs on Security

The federal agency in charge of issuing .gov domain names is enacting new requirements for validating the identity of people requesting them.

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03/09/2020

Elder Fraud: Feds announce largest enforcement effort

The Chief

The largest coordinated sweep of elder fraud cases in history has been announced by federal officials in Portland, including U.S. Attorney Billy J. Williams, Attorney General William P. Barr, FBI Director Christopher A. Wray, and Chief Postal Inspector Gary R. Barksdale.

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03/09/2020

Alarming PayPal Security Alert: This Stupidly Simple New Hack Puts You At Risk—Here’s How It Works

Forbes

Here we go again—another PayPal report from security researchers, warning of a risk to users from thieves.

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03/09/2020

Hackers target potential victims with fake coronavirus websites and phishing scams

Silicon Angle

As the spread of novel coronavirus continues to make headlines globally and events such as South by Southwest are canceled, scammers are taking advantage of the news through targeted phishing emails and scam websites.

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03/05/2020

The War of Passwords: Compliance vs NIST

The State of Security

The most recent National Institute of Standards and Technology (NIST) guidelines have been updated for passwords in section 800-63B.

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03/05/2020

T-Mobile Says Security Incident Might Have Exposed Customers’ Data

The State of Security

Mobile telecommunications company T-Mobile disclosed a data security incident that might have exposed the account information of some of its customers.

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03/04/2020

Welcome to NCPW 2020

FTC

Welcome to National Consumer Protection Week (NCPW) 2020. Today kicks off the 23rd year of one of the FTC’s biggest annual events.

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03/03/2020

The (Growing) Problem of Password Reuse

Bank Info Security

SpyCloud is out with its annual credential exposure report, and the bad news is: Password reuse continues to leave enterprises open to breach and account takeover.

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03/03/2020

What Is PIPEDA? And How Does It Protect You and Your Privacy?

The State of Security

You have likely heard of the General Data Protection Regulation (GDPR), and you probably refer to this standard whenever the topic of privacy and data processing arises. But what about outside of the EU? The Office of the Privacy Commissioner of Canada (Commissariat à la protection de la vie privée du Canada) has a twitter account that shares information regarding privacy and an individual’s rights in Canada.

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03/03/2020

PwndLocker Ransomware Targeting Municipalities, Enterprise Networks

The State of Security

Security researchers discovered a new ransomware family called “PwndLocker” targeting municipalities and enterprise networks.

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03/02/2020

FCC Proposes to Fine Wireless Carriers $200M for Selling Customer Location Data

Krebs on Security

The U.S. Federal Communications Commission (FCC) today proposed fines of more than $200 million against the nation’s four largest wireless carriers for selling access to their customers’ location information without taking adequate precautions to prevent unauthorized access to that data

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03/02/2020

Shark Tank Star Out $400K In Invoice Fraud Scam

PYMNTS.com

Invoice fraud scams continue to target businesses of all sizes and industries, with experts warning of a major spike in various iterations of business email compromise scams.

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03/02/2020

Coronavirus Fraud: A GC’s Guide to Potential Schemes

Law.com

As COVID-19 has spread beyond China, capturing news headlines and shaking financial markets, companies have put together action plans to address the impact of the epidemic on their business—focusing on areas ranging from supply chain management to employee safety.

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03/02/2020

A fraud case in South Dakota throws harsh spotlight on organic grain

Star Tribune, Minneapolis, MN

The case is the second large-scale organic fraud case in the Midwest to attract federal prosecution in less than a year.

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03/02/2020

GPS Tracker Leads Des Moines Police to Bank Robbery Suspect

WHOTV Des Moines, Iowa

.DES MOINES, Iowa -- A GPS tracker led Des Moines police to a man they say robbed a bank at gunpoint on Friday.

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03/02/2020

Walgreens Disclosed Data Security Incident Involving Its Mobile App

The State of Security

Pharmacy store chain operator Walgreens notified some of its customers of a data security incident involving its mobile app.

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03/02/2020

BBB Scam Alert: Tips to avoid falling victim to political robocall scams

WFMY News 2

The 2020 presidential election is attracting scammers hoping to get away with money and personal information that could possibly lead to identity theft.

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03/01/2020

Hawaii ILWU Official Sentenced for Tax Evasion, Identity Theft

National Legal and Policy Center

If government benefits were available, Nathan Lum made sure that he was going to receive some of them, legally or not.

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02/26/2020

Time to Tighten Up Cybersecurity to Fight Tax Fraud

Security Boulevard

We’ve described cyber criminals as opportunists many times

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02/26/2020

Google Pay users could be left out of pocket by PayPal fraud bug

techradar.com

Hackers purchased thousands of euros worth of goods using linked PayPal accounts

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02/26/2020

Google Pay users could be left out of pocket by PayPal fraud bug

techradar.com

Hackers purchased thousands of euros worth of goods using linked PayPal accounts

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02/26/2020

Valley man warning others through video following cyber attack

Comox Valley Record

A Comox Valley man is warning others about the dangers of being hacked online and recently created a video to prevent it from happening to others.

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02/26/2020

Van Loaded With 300 Gallons Stolen Fuel Stopped By Police

Patch Wisconsin

Authorities in Wisconsin say a van carrying 300 gallons of stolen gas in leaky barrels was heading back to Illinois when it was stopped.

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02/26/2020

Coronavirus Disease 2019 (COVID-19) -- Pandemic Planning and Business Continuity Resources for Banks

American Bankers Association

This page contains a range of resources to assist banks as they prudently plan and prepare for the 2019 novel coronavirus.

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02/25/2020

PayPal accounts abused en-masse for unauthorized payments

ZDNet

On February 25, 07:30am ET, PayPal told ZDNet that they have addressed the issue being exploited over the weekend. Original article below.

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02/24/2020

Zyxel Fixes 0day in Network Storage Devices

Krebs on Security

Networking hardware vendor Zyxel today released an update to fix a critical flaw in many of its network attached storage (NAS) devices that can be used to remotely commandeer them.

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02/23/2020

Fraud Alert: Phishing attacks now based on coronavirus

KOMO News

Cyber thieves are trying to cash in on the coronavirus (now officially known as COVID-19).

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02/23/2020

Agari Uncovers National BEC Check Fraud Ring

Streetinsider.com

FOSTER CITY, Calif., Feb. 20, 2020 /PRNewswire/ -- Agari, the market share leader in phishing defense solutions for the enterprise, announced today the results of an ongoing investigation by its Agari Cyber Intelligence Division (ACID) into a threat actor group which built an intricate network of check mules that has bilked thousands of companies.

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02/23/2020

MGM Resorts hacked: 10.6 million guests have their personal data exposed on hacking forum

The State of Security

Over 10 million people who have stayed at MGM Resorts hotels – including Twitter boss Jack Dorsey and pop idol Justin Bieber – have had their personal details posted online by hackers.

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02/20/2020

FTC refunds $34 million to Office Depot customers

Federal Trade Commission

The FTC is sending refund checks to more than 541,000 people who paid for repairs and technical services when they took their computers to Office Depot or Office Max stores for a free “PC Health Check.”

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02/19/2020

How FIs Can Win The Battle Against ‘Smarter’ Payments Fraud

PYMNTS.com

Not so long ago, payments cyber fraud was done primarily by brute force, through guessing passwords and usernames — a scattershot approach akin to trial and error, conducted by lone individuals or small groups. However, that’s changing.

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02/19/2020

Encoding Stolen Credit Card Data on Barcodes

Krebs on Security

Crooks are constantly dreaming up new ways to use and conceal stolen credit card data. According to the U.S. Secret Service, the latest scheme involves stolen card information embedded in barcodes affixed to phony money network rewards cards

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02/19/2020

Fighting Fraudsters At The FI/Customer Journey Starting Line

PYMNTS.com

In the battle against fraudsters, financial institutions (FIs) must start at the beginning – literally.

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02/19/2020

Cyberthreats to Watch out for in 2020

ChannelFutures

Familiar and emerging cyberthreats will pose continuing challenges in the year ahead.

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02/19/2020

CISA Disclosed Ransomware Attack at Natural Gas Compression Facility

The State of Security

The Cybersecurity and Infrastructure Security Agency (CISA) revealed that a natural gas compression facility suffered a ransomware attack.

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02/19/2020

Tax scams are in full swing. Here’s how to protect yourself

CNBC

Tax season is in full swing — and that means it’s hunting time for scam artists hoping to rip off taxpayers.

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02/19/2020

Hackers Were Inside Citrix for Five Months

Krebs on Security

Networking software giant Citrix Systems says malicious hackers were inside its networks for five months between 2018 and 2019, making off with personal and financial data on company employees, contractors, interns, job candidates and their dependents.

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02/17/2020

Fraud alerts & credit freezes: What’s the difference?

Federal Trade Commission

Looking for ways to protect your identity? Two to options to consider are fraud alerts and credit freezes. But what’s the difference?

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02/17/2020

Texas man pleads guilty to using stolen credit card numbers to buy goods

Sioux City Journal

SIOUX CITY -- A Texas man pleaded guilty Thursday to using stolen credit card numbers to buy goods from an Iowa store.

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02/17/2020

Fourth arrest made in diesel fuel theft cases

Fox 13

TAMPA, Fla. - Another arrest has been made in a possible ring of thieves pumping diesel into concealed bladder tanks inside their vehicles, then paying the expensive bill with bogus credit cards.

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02/17/2020

Two arrested in Boise gift card thefts

KIVI Boise

BOISE, Idaho — Boise Police have arrested two Pennsylvania women on multiple felony counts relating to the theft of high-value retail gift cards.

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02/17/2020

Is No-Factor Authentication Digital Security’s Future?

PYMNTS.com

For a great example of an attempt at security that does much more to annoy legitimate consumers than to actually fend off fraudsters, look no further than CAPTCHA.

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02/17/2020

Charges: Bank Robber Said Heist Was ‘Easy As He Thought It Was Going To Be’

WCCO CBS Minnesota

MINNEAPOLIS (WCCO) – Two Twin Cities men are facing charges for an armed bank robbery in the north metro Tuesday morning in which they made off with more than $77,000.

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02/17/2020

Alcester man charged with wire fraud and mail fraud

KELO News

SIOUX FALLS, S.D. (KELO.com) -- 31 year old Christopher Day of Alcester has been indicted on 12 Counts of Wire Fraud and 8 Counts of Mail Fraud.

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02/17/2020

Payment Card Data Security Incident Disclosed by Rutter’s

The State of Security

Convenience store and gas station chain Rutter’s disclosed a security incident that might have affected customers’ payment card data.

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02/17/2020

Payment Card Data Security Incident Disclosed by Rutter’s

The State of Security

Convenience store and gas station chain Rutter’s disclosed a security incident that might have affected customers’ payment card data.

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02/17/2020

Pay Up, Or We’ll Make Google Ban Your Ads

Krebs on Security

.A new email-based extortion scheme apparently is making the rounds, targeting Web site owners serving banner ads through Google’s AdSense program.

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02/13/2020

In-store Payments via Mobile Apps Can Lead to Increase in Card Not Present (CNP) Fraud

Security Boulevard

Consumers love the convenience of paying for goods and services in store by using their NFC enabled smartphones and stored credit cards.

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02/12/2020

Iowa telemarketing firm scammed consumers across the country, must close and pay $2.6 million, judge says

Des Moines Register

An Iowa telemarketing company sued by the state Attorney General's Office has been ordered to shut down and pay nearly $2.6 million in reimbursement and penalties after a Polk County judge found that it had defrauded small businesses across the country.

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02/12/2020

That Enormous Equifax Hack Looks a Lot More Bizarre Now

Slate.com

On Monday, the Department of Justice released an indictment that alleges the Chinese government was behind the 2017 breach of Equifax that led to 147 million people’s information being stolen.

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02/12/2020

Bogus advertisement offers target small businesses

Federal Trade Commission

Lots of small businesses need to advertise locally.

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02/12/2020

It’s not true love if they ask for money

Federal Trade Commission

It’s almost Valentine’s Day. Lots of us have profiles on online dating sites, apps or social media to find “the one.”

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02/12/2020

Inspector General Announces National "Slam the Scam" Day

Office of the Inspector General

The Inspector General for the Social Security Administration, Gail S. Ennis, is designating Thursday, March 5, 2020 as National “Slam the Scam” Day, to raise public awareness of government imposter telephone scams across the United States.

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02/12/2020

U.S. Charges 4 Chinese Military Officers in 2017 Equifax Hack

Krebs on Security

The U.S. Justice Department today unsealed indictments against four Chinese officers of the People’s Liberation Army (PLA) accused of perpetrating the 2017 hack against consumer credit bureau Equifax that led to the theft of personal data on nearly 150 million Americans.

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02/12/2020

Cyber Resilience – Everything You (Really) Need to Know

The State of Security

What is cyber resilience? If you search the definition within the Oxford Dictionary, resilience alone is defined as “the capacity to recover quickly from difficulties; toughness.”

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02/12/2020

New PayPal Phishing Email Scam Wants Your Social Security Number

The State of Security

Security researchers have spotted a new PayPal phishing email scam that tries to steal a victim’s Social Security Number (SSN), among other sensitive data.

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02/12/2020

2 Men Arrested After Armed Bank Robbery in Lino Lakes

WCCO

Two men were taken into custody Tuesday morning after an armed robbery at a U.S. Bank in Lino Lakes.

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02/12/2020

IRS Launches Identity Theft Central Webpage

Security Magazine

The Internal Revenue Service (IRS) launched Identity Theft Central, designed to improve online access to information on identity theft and data security protection for taxpayers, tax professionals and businesses.

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02/12/2020

Microsoft Patch Tuesday, February 2020 Edition

Krebs on Security

Microsoft today released updates to plug nearly 100 security holes in various versions of its Windows operating system and related software, including a zero-day vulnerability in Internet Explorer (IE) that is actively being exploited.

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02/12/2020

Why The Cyberfraud Fight Needs A Trusted Identity Reset

PYMNTS.com

The future of eCommerce, and fraud prevention, is flipping the script from just stopping bad transactions to enabling personalized customer experiences.

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02/12/2020

SoundCloud Fixed API Flaws That Could Lead to Account Takeover

Bleeping Computer

Social audio platform SoundCloud fixed multiple security vulnerabilities affecting its application programming interface (API) that could allow potential attackers to take over accounts, launch denial of service attacks, and exploit the service according to the Checkmarx Security Research team.

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02/12/2020

VERT Threat Alert: February 2020 Patch Tuesday Analysis

Tripwire

Today’s VERT Alert addresses Microsoft’s February 2020 Security Updates. VERT is actively working on coverage for these vulnerabilities and expects to ship ASPL-870 on Wednesday, February 12th.

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02/12/2020

Internet fraud costing Americans $3.5 billion a year, FBI says

wkrg.com

Seniors become favorite target of e-scammers; California residents also hit hard by phishing and other fraud

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02/10/2020

Three Georgians Arrested in West Texas for Forging Checks

sanangelolive.com

ABILENE, TX – The Abilene Police Department stopped three Suspects from Georgia from cashing fake checks Monday.

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02/10/2020

FTC: The bottom-line on fake checks scams

FTC

If someone you don’t know sends you a check and asks for money back, that’s a scam.

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02/10/2020

Coronavirus: Scammers follow the headlines

FTC

Scammers are taking advantage of fears surrounding the Coronavirus.

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02/10/2020

Lindsey Sheridan Charged With Stealing Thousands Of Dollars From Hastings Bank Where She Worked

WCCO CBS Minnesota

MINNEAPOLIS (WCCO) – A 34-year-old Hastings woman has been charged with two felony counts of theft for allegedly stealing around $10,000 from a bank where she worked.

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02/10/2020

When Your Used Car is a Little Too ‘Mobile’

Krebs on Security

Many modern vehicles let owners use the Internet or a mobile device to control the car’s locks, track location and performance data, and start the engine.

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02/10/2020

Data Shows 41 Pct Hike In Ransomware Attacks In 2019

PYMNTS.com

Ransomware hackers are striking more frequently, taking down computer networks across businesses, hospital and governments, the New York Times reported on Sunday (Feb. 9).

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02/10/2020

3 Malware Trends to Watch Out for in 2020

The State of Security

Malware closed out 2019 on a strong note. According to AV-TEST, malware authors’ efforts throughout the year helped push the total number of known malware above one billion samples.

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02/10/2020

US says Chinese military stole masses of Americans' data

ABC News

The Justice Department says it has tracked a massive theft of Americans' personal information to the Chinese military

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02/10/2020

Don't bank on a "cleared" check

FTC

Fake check scams take advantage of what we don’t know about how banks handle check deposits

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02/10/2020

IRS Introduces New Tool In The Fight Against Identity Theft

Forbes

Despite a steep drop in tax-related identity theft in recent years, the scam remains serious enough to earn a spot on the agency’s 2019 “Dirty Dozen” list of tax scams.

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02/10/2020

Three indicted in scheme that used fraudulent cell phone numbers to impersonate IRS agents

Pittsburgh Post-Gazette

Three men are under indictment in Pittsburgh on wire fraud charges in connection with activating and programming cellphones for use by criminals impersonating IRS employees to harass unsuspecting citizens into paying purported tax debts nationwide.

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02/10/2020

How to Hack-Proof your Smart Home Security System

PC Tablet

There were about 130 million smart households in the United States.

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02/10/2020

How Cybercriminals Take Over Your Email Account

Express Computer

Researchers from Barracuda and UC Berkeley, conducting a large-scale analysis of email account takeover and the timeline of attacks, recently highlighted the behaviors hackers are using to try to avoid detection, ways to identify suspicious activity that could indicate an email account has been compromised, and precautions you can take to protect your business.

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02/10/2020

Whitefish broker found guilty in multi-million dollar fraud scheme

3 KRTV - Great Falls, MT

A federal jury found a Montana man guilty earlier this week for his role as a broker for a Swiss company involved in a multi-million-dollar international fraud scheme.

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02/10/2020

Fraud Fighters: Romance Scams

News 5 WKRG

MOBILE, Ala. (WKRG) — Love is in the air and there are people looking to make an illegal buck off of it. Jamie Harding with AARP Alabama joins us. Here’s a look at our conversation:

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02/10/2020

Protecting Organizations from Customized Phishing Attacks

The State of Security

A few years ago, I myself was vished, or ‘phished,’ over the phone. The caller was someone, likely offshore in a call center, who had done a little bit of research online to find my name, my phone number, my wireless phone carrier and a few other details that they used to build rapport with me on the phone.

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02/10/2020

No Relief for Cybersecurity Teams in Sight, Reveals Tripwire’s Latest Skills Gap Report

The State of Security

You’ve seen the high-level stats on the cybersecurity skills gap, but I’ll remind you of some of the main ones from the (ISC)2 Cybersecurity Workforce Study:

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02/05/2020

How the Onset of 5G Could Become a Winning Bet for Mobile Wagering And Payments

Digital Transactions

One often overlooked market for mobile payments is sports betting, and now some payments providers are wagering that the segment is about to get hot with the ongoing rollout of 5G mobile-network connectivity.

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02/05/2020

Will Faster Payments Lead To Faster Fraud?

Forbes

As payments move faster or in real-time, preventing fraud has to change its approach. With faster and real-time the game changes quite a lot, said Sarah Grotta, director, debit and alternative products at Mercator Advisory Group.

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02/05/2020

Booter Boss Busted By Bacon Pizza Buy

Krebs on Security

A Pennsylvania man who operated one of the Internet’s longest-running online attack-for-hire or “booter” services was sentenced to five years probation today.

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02/04/2020

FBI Agent Offers Tips To Keep You Safe Online

thepressgroup.net

How do you protect yourself and your privacy online in an era when cybercrimes are commonplace and becoming more dangerous and sophisticated?

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02/04/2020

Fargo's Fraud Squad: Tax & Romance Scams

KFGO - Fargo ND

February brings tax scams.. and, with Valentine's Day around the corner, romance scams. Here's what to look out for...

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02/03/2020

Trooper breaks up alleged forgery, identity-theft ring

The Perry News

Two Chicagoans and one Iowan were arrested on U.S. Interstate 80 Saturday evening after they were allegedly found in possession of stolen credit cards and gear for forging checks.

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02/03/2020

Tax Identity Theft Awareness Week starts today

Federal Trade Commission

Ready for tax season? If you’re not ready for tax identity thieves and IRS imposters, you might not be. But breathe easy.

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02/03/2020

KC Woman Pleads Guilty to Social Security, Bankruptcy Fraud Schemes

The United States Attorneys Office

KANSAS CITY, Mo. – A Kansas City, Missouri woman pleaded guilty in federal court today to a Social Security and bankruptcy fraud scheme.

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01/30/2020

FTC Warns 19 VoIP Service Providers That ‘Assisting and Facilitating’ Illegal Telemarketing or Robocalling is Against the Law

Federal Trade Commission

Federal Trade Commission staff sent letters to 19 Voice over Internet Protocol (VoIP) service providers warning them that “assisting and facilitating” illegal telemarketing or robocalling is against the law.

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01/30/2020

Payment Cards Exposed in Wawa Breach Offered for Sale on Dark Web

The State of Security

Digital criminals posted customers’ payment card details exposed in the 2019 Wawa data breach for sale on a dark web marketplace.

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01/30/2020

Payment Cards Exposed in Wawa Breach Offered for Sale on Dark Web

The State of Security

Digital criminals posted customers’ payment card details exposed in the 2019 Wawa data breach for sale on a dark web marketplace.

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01/30/2020

Sprint Exposed Customer Support Site to Web

Krebs on Security

Fresh on the heels of a disclosure that Microsoft Corp. leaked internal customer support data to the Internet, mobile provider Sprint has addressed a mix-up in which posts to a private customer support community were exposed to the Web.

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01/30/2020

Can SIM Swapping be Monitored to Stop Cybercriminals from monetizing their Activities?

Enterprise Security Magazine

A type of account takeover fraud that depends on phone-based authentication like two-factor authentication and two-step verification, SIM swapping is taking centre stage.

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01/30/2020

The top frauds of 2019

Federal Trade Commission

Each year, the FTC takes a hard look at the number of reports people make to our Consumer Sentinel Network.

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01/30/2020

The Department of Justice Files Actions to Stop Telecom Carriers Who Facilitated Hundreds of Millions of Fraudulent Robocalls to American Consumers

The United States Department of Justice

The Department of Justice filed civil actions for temporary restraining orders today in two landmark cases against five companies and three individuals allegedly responsible for carrying hundreds of millions of fraudulent robocalls to American consumers, the Department of Justice announced.

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01/28/2020

Wawa breach: A hacker is selling 30 million stolen credit cards on the dark web, cyber experts say

Fortune.com

In late December, the popular Northeast convenience store chain Wawa disclosed hackers had obtained payment data for some of its customers.

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01/28/2020

Help To Avoid Scams in 2020

Webster County citizen

Better Business Bureau (BBB) has developed 10 ways that can help you fight scammers, prevent identity theft, and find trustworthy businesses and charities in the coming year.

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01/28/2020

As Ransomware Spreads, Ransoms Balloon And Attacks Grow More Sophisticated

Digital Transactions

The criminals behind ransomware attacks are becoming dramatically bolder.

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01/26/2020

Does Your Domain Have a Registry Lock?

Krebs on Security

If you’re running a business online, few things can be as disruptive or destructive to your brand as someone stealing your company’s domain name and doing whatever they wish with it.

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01/26/2020

30,000 MARIJUANA BUYERS’ PERSONAL INFO EXPOSED IN DATA BREACH

Futurism

A team of data privacy researchers discovered a major breach in a platform used by multiple marijuana dispensaries in the United States to manage sales.

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01/26/2020

New Scam Alert!

KFGO

A new click scam is making its way into the area and it involves receiving a text about a package that is headed to your doorstep.

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01/26/2020

Why You Should Take Social Media Account Takeover as Seriously as a BEC Attack

Security Boulevard

Social media account compromise is nothing new. If you haven’t had an account hacked in the past, most of us know someone who has

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01/26/2020

Police stop in Madison leads to multi-state credit card fraud ring arrests

clarionledger.com

A Madison Police Department stop of a vehicle on Interstate 55 led to the arrest of five people in an alleged multi-state rental car theft ring where vehicles were rented using fraudulent credit cards and later reported stolen.

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01/26/2020

DHS data breach exposes Dallas County residents to identity theft

theperrynews.com

DES MOINES, Iowa — The personal information of nearly 5,000 Dallas County residents was compromised two months ago when Iowa Department of Human Services (DHS) case files were improperly disposed of, according to a DHS statement released Friday.

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01/26/2020

United States: Identity Theft And Imposter Scams Were The Most Common Complaints That The FTC Received In 2019

mondaq.com

The Federal Trade Commission just announced the most common types of consumer complaints that it received in 2019. Of the 3.2 million complaints that the FTC received, identity theft and imposter scams were by far the most common.

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01/26/2020

New Data Shows that the FTC Received Nearly 1.7 Million Fraud Reports in 2019

mycheseo.com

WASHINGTON, D.C. — New data released by the Federal Trade Commission shows that FTC actions led to more than $232 million in refunds to consumers across the country in 2019.

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01/26/2020

This sophisticated banking scam looks too real to be the work of hackers

KimKomando

If you get an email from a company that you normally do business with, you probably think nothing of it. We’re always seeing special offers and payment reminders through email; it’s just the way of the world nowadays.

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01/23/2020

The Vendor Security Assessment (VSA): What You Need to Know

The State of Security

Requesting that a SaaS company answer a Vendor Security request has become a regular thing for companies who work in the cloud. But have you thought about how the reverse works, that is, when your customer has a VSA process focusing on you?

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01/23/2020

Apple Addresses iPhone 11 Location Privacy Concern

Krebs on Security

Apple is rolling out a new update to its iOS operating system that addresses the location privacy issue on iPhone 11 devices that was first detailed here last month.

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01/23/2020

Cyber Weapon Market is expected to reach US$521.87 bn by the end of 2021

Seeresearch Report

Several companies operate in the global cyber weapon market, among which The Boeing Company, Lockheed Martin Corporation, General Dynamics Corporation, Raytheon Company, BAE Systems plc, and Northrop Grumman Corporation are identified as the key players in a report by Transparency Market Research (TMR).

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01/23/2020

Advisors Beware: Email Fraudsters Getting Better at Victim Profiling

Financial Advisor IQ

Email fraudsters are increasingly targeting the financial services industry, and they are getting better at identifying the right potential victims, according to cybersecurity regulators and experts.

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01/23/2020

Health Quest Begins Notifying Patients Affected by Phishing Incident

The State of Security

Health Quest announced that it’s begun notifying patients whose information might have been exposed in a phishing incident.

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01/23/2020

Check Fraud on the Rise Despite Anti-Scam Efforts, ABA Says

Banking Exchange

US banks prevented 90% of attempted fraud against deposit accounts in 2018, according to a new report from the American Bankers Association (ABA).

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01/23/2020

Consumers Are Satisfied Making Contactless Payments, But Security Concerns Linger

Digital Transactions

Even though contactless credit and debit card transactions made by tapping a card against a point-of-sale device rely on the same standard as EMV dipped transactions, consumers have different impressions of the security benefits, a newly released study says.

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01/23/2020

Many ATM Operators Will Blow Tomorrow’s Upgrade Deadline, But Will That Matter Much?

Digital Transactions

ATM operators on Monday are literally on the eve of a critical upgrade deadline that many have not met, but some industry sources at least say the situation is far from disastrous.

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01/20/2020

Domain Name of WeLeakInfo.com Seized by FBI and DOJ

The State of Security

The Federal Bureau of Investigations (FBI) and the Department of Justice (DOJ) announced that they have seized the domain name for weleakinfo.com.

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01/20/2020

GDPR Regulators Have Imposed $126M in Fines Thus Far, Finds Survey

The State of Security

A new survey found that regulators have thus far imposed $126 million worth of fines for data breaches and other GDPR infringements.

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01/20/2020

DDoS Mitigation Firm Founder Admits to DDoS

Krebs on Security

A Georgia man who co-founded a service designed to protect companies from crippling distributed denial-of-service (DDoS) attacks has pleaded to paying a DDoS-for-hire service to launch attacks against others.

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01/19/2020

Crypto mining malware dominates cyber criminal activity

Cryptopolitan

According to a recent report by Check Point Research, crypto mining malware contribute to most of the criminal activity in the industry.

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01/19/2020

Don’t fall for this scam site that promises to pay you back for data breaches

Kim Komando

So many data breaches have happened in the past 12 months that it’s hard to keep track of them all. Each one had unique effects on their respective industries, and naturally, consumers are the ones paying the price for negligence and poor cybersecurity.

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01/17/2020

How safe is your phone number? Study highlights mobile carriers’ failure to prevent SIM-swap attacks

The Daily Swig

Some of the biggest US mobile carriers are still failing to protect their customers from so-called ‘SIM-swap attacks’, as new research exploring the phenomenon outlines just how easy it is for criminals to take control of a victim’s phone number.

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01/17/2020

Evasive Domain-Impersonation Phishing Attacks Increase by 400%

Health IT Security

Barracuda says that while the number of domain-impersonation attempts are far fewer than other phishing attacks, the targeted, sophisticated nature makes them costly and tough to detect.

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01/17/2020

Orleans County woman conned out of $1,900 in gift card scam

WHEC

ORLEANS COUNTY, N.Y. (WHEC) — An Orleans County woman urged others to learn from her embarrassing experience at being ripped off in a “mystery shopper” scam.

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01/16/2020

Android Banking Trojans: History, Types, Modus Operandi

The State of Security

One sunny morning, my breakfast was interrupted by a phone call from a friend who is an entrepreneur engaged in the transportation of various goods. He said that $11,000 disappeared from his bank account during the night.

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01/16/2020

The Architecture of an Attack: NuData Breaks Down Account Takeover Attacks

Payments Journal

Looking back at the holiday season, merchants faced a timeless struggle: stopping fraudsters. While dealing with fraud is a challenge year-round, the holiday season makes it even more difficult.

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01/16/2020

PayThink Attacks are getting smaller. In some ways that’s worse.

PaymentsSource

Attackers are adapting and evolving to give themselves the best chances for success when they commit account takeover or other fraudulent attacks, often attempting to work around bot-detection tools to enable greater efficiency with automated attacks.

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01/16/2020

Ako Ransomware Using Spam Attachments to Target Networks

The State of Security

Security researchers observed that Ako ransomware is using malicious spam attachments to go after organizations’ networks.

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01/16/2020

PlanetDrugsDirect reveals security breach, warns customers their data may have been exposed

The State of Security

Canadian online pharmacy PlanetDrugsDirect.com has contacted customers warning them that their data might have been exposed in what they euphemistically describe as a “data security incident”.

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01/16/2020

6 security measures that protect your business

AZ Big Media

Most companies have experienced at least one instance of check theft, in which a bad actor washed a legitimate check and cashed it.

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01/16/2020

ABA Report: Banks Prevented More Than $22B in Fraud Attempts in 2018

ABA Banking Journal

The nation’s banks stopped $22.3 billion in fraudulent transactions in 2018—almost $9 out of every $10 of attempted fraud—according to the American Bankers Association’s 2019 Deposit Account Fraud Survey Report released today. Attempted fraud against bank deposit accounts totaled $25.1 billion in 2018.

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01/15/2020

What’s the Difference Between 5G and 5GHz Wi-Fi?

How-to-Geek

5G and 5 GHz Wi-Fi are both used for wireless connectivity, but they don’t have anything else in common. Anyone referring to “5G Wi-Fi” actually means 5 GHz Wi-Fi, which is different from the 5G cellular standard.

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01/15/2020

CISA on Iran’s Cyber Threat: It’s Time to Review Your Cyber Security Posture!

The State of Security

Following the recent U.S. operation in Iraq which resulted in the killing of Iranian General Qassem Soleimani, Iran warned that it will retaliate.

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01/15/2020

Texas School District Lost $2.3M to Phishing Email Scam

The State of Security

A school district in Texas announced that it lost approximately $2.3 million after falling victim to a phishing email scam.

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01/15/2020

Phishing for Apples, Bobbing for Links

Krebs on Security

Anyone searching for a primer on how to spot clever phishing links need look no further than those targeting customers of Apple, whose brand by many measures remains among the most-targeted.

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01/15/2020

Patch Tuesday, January 2020 Edition

Krebs on Security

Microsoft today released updates to plug 50 security holes in various flavors of Windows and related software.

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01/15/2020

Many ATM Operators Will Blow Tomorrow’s Upgrade Deadline, But Will That Matter Much?

Digital Transactions

ATM operators on Monday are literally on the eve of a critical upgrade deadline that many have not met, but some industry sources at least say the situation is far from disastrous.

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01/15/2020

Free cruise? Try illegal robocall with an upsell.

FTC

The recorded message made it sound easy — take a phone survey and get two free tickets to go on a cruise.

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01/15/2020

Protecting small business from imposters

FTC

Opening a business requires planning, elbow grease, and probably some paperwork to register your new company with your state or local government.

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01/12/2020

ID theft victims recover as Wisconsin DOT upgrades driver license safeguards

WKOW.com

DANE COUNTY (WKOW) - Several dozen Dane County victims of identity theft involving their driver's licenses continue to recover from the privacy invasion, as state officials boost safeguards with on-line orders for license duplicates.

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01/12/2020

SCAM ALERT: Police warn residents about recent Amazon scam going around

KEPR, Washington

TRI-CITIES, Wash. — West Richland police are warning folks about a recent Amazon scam that is going around the Tri-Cities and surrounding areas.

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01/12/2020

Alleged Member of Neo-Nazi Swatting Group Charged

Krebs on Security

Federal investigators on Friday arrested a Virginia man accused of being part of a neo-Nazi group that targeted hundreds of people in “swatting” attacks, wherein fake bomb threats, hostage situations and other violent scenarios were phoned in to police as part of a scheme to trick them into visiting potentially deadly force on a target’s address.

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01/12/2020

Better Business Bureau says more millennials getting scammed than elderly

The Center Square

A millennial answering an internet question recently described the Better Business Bureau as “like Yelp for old people,” but Steve Bernas, president and CEO of the BBB of Chicago and Northern Illinois, said that’s not the case.

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01/12/2020

Fraud Is Eroding The Customer Experience

Forbes

Are you worried about fraud? Concerned about giving out your credit card number or Social Security number over the phone—or to an AI (Artificial Intelligence)-fueled bot?

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01/10/2020

Thefts of ATMs from stores are plaguing rural Alberta business owners

CBS Canada

The security camera captures a man in a grey hoodie jumping through the shattered front door, tow strap in hand. A second person outside feeds more strapping into the store.

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01/10/2020

Visa and Mastercard Say No to Delaying Deadline for Gas Pump Chip Card Upgrades

Fortune

Gas stations around the U.S. are rushing to upgrade fuel pumps to accept credit and debit cards with chips after Visa and Mastercard rejected a request to delay a looming deadline to complete the work.

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01/09/2020

Catoosa police continue to make a rash of identity theft arrests

Tulsa, OK

CATOOSA, Okla. (KTUL) — A massive identity theft scheme was busted by the Catoosa Police Department. It's so big that investigators don't know how many people may be responsible.

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01/09/2020

Amid concerns about identity theft, ND pulls detailed court records from web

Inforum

BISMARCK — After just one week of being available online to the general public, the North Dakota Supreme Court has moved to pull its expanded state court records from the internet.

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01/09/2020

YouTubers targeted by account takeover software disguised as streaming software

Reclaim the net

Just when you thought things couldn't get much worse for YouTubers, thanks to YouTube's own missteps – it seems like the New Year is bringing with it even more challenges, this time from the outside, that creators must look out for.

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01/09/2020

TikTok Bugs Could Have Allowed Account Takeovers

Wired

As the social media app continues to gain popularity, security researchers are taking a closer look under the hood.

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01/09/2020

Alomere Health Notifies Patients of Employee Email Compromise

The State of Security

Alomere Health said that it’s begun notifying patients of a security incident that involved the compromise of two employees’ email accounts.

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01/09/2020

Lawmakers Prod FCC to Act on SIM Swapping

Krebs on Security

Crooks have stolen tens of millions of dollars and other valuable commodities from thousands of consumers via “SIM swapping,” a particularly invasive form of fraud that involves tricking a target’s mobile carrier into transferring someone’s wireless service to a device they control.

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01/08/2020

'Imposter' scams up in New York for 2019

CNY Central

Whether it's through an email, text message or a seemingly-harmless phone call, scammers are out there.

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01/08/2020

Tricky Phish Angles for Persistence, Not Passwords

Krebs on Security

Late last year saw the re-emergence of a nasty phishing tactic that allows the attacker to gain full access to a user’s data stored in the cloud without actually stealing the account password.

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01/08/2020

Tips to Protect Your Small Business From Cyberattacks in 2020

Security Boulevard

There’s a dangerous misconception that cyberattacks only affect large organizations.

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01/08/2020

Should banks expect cyberattacks from Iran?

American Banker

Some security experts have warned that Iranian hackers may go after U.S. targets, including financial services companies, in retaliation for the U.S. government's assassination of the Iranian military leader Qassem Soleimani.

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01/08/2020

VERT Threat Alert: Citrix NetScaler/ADC Critical Flaw (CVE-2019-19781)

The State of Security

Citrix has indicated that an unauthenticated attacker can exploit this flaw to perform arbitrary code execution.

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01/08/2020

SNAKE Ransomware Targeting Entire Corporate Networks

The State of Security

Security researchers have observed samples of the new SNAKE ransomware family targeting organizations’ entire corporate networks.

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01/08/2020

NRF On PIN-less EMV Cards And POS Fraud

PYMNTS.com

The development of digital identity solutions shows no signs of slowing in the new decade, with the mobile biometrics market expected to add $28.45 billion per year in incremental growth between 2018 and 2023.

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01/07/2020

Fiserv and ExxonMobil will Enable Consumers to Fill Up by Asking Alexa to Pay at the Pump

Business Wire

BROOKFIELD, Wis. & LAS VEGAS--(BUSINESS WIRE)--Ahead of CES 2020, ExxonMobil and Fiserv announced that they are transforming the way people pay for gasoline using Amazon Alexa.

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01/07/2020

Social Security OIG Launches Online Scam Reporting Form

Office of the Inspector General

The Inspector General for the Social Security Administration, Gail S. Ennis, and Commissioner of Social Security Andrew Saul announce the launch of a dedicated online form at https://oig.ssa.gov to receive reports from the public of Social Security-related scams.

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01/06/2020

Landry's warns of restaurant data breach

The Daily News - Galveston County

Landry's Inc. announced Thursday that people who ordered food or drinks at some of its restaurants, including in Galveston and Kemah, might have be affected by an attempted data breach.

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01/06/2020

Identity Theft Drops for Third Year in a Row: IRS

ThinkAdvisor

It credits an "aggressive" push involving interagency cooperation for the drop.

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01/06/2020

Most Significant Hacks of 2019 - New Record of Twelve in One Year

Cointelegraph.com

Twelve major cryptocurrency exchange hacks occurred in 2019.

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01/06/2020

Stop abbreviating 2020: Police say it leaves you open to fraud and could cost you big

The Times

The new year is giving scammers an easy way to forge documents, but you can protect yourself with an easy New Year’s resolution: Don’t abbreviate the year.

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01/06/2020

The Hidden Cost of Ransomware: Wholesale Password Theft

Krebs on Security

Organizations in the throes of cleaning up after a ransomware outbreak typically will change passwords for all user accounts that have access to any email systems, servers and desktop workstations within their network.

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01/06/2020

The Weird Commerce Of The Dark Web

PYMNTS.com

In the day-to-day life of the regular law-abiding internet user, the dark web is mostly a scary unknown. Insofar as the average consumer knows, that side of the web – which is accessible only via a TOR server – is the place where their personal information is sold whenever there is a data breach.

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01/06/2020

New Fed Data Underscores How Far Electronic Payments Have Eaten Into Checks

Digital Transactions

It’s no secret that electronic payment methods have systematically eaten away at check volume in the United States, but now new data from the Federal Reserve shows just how far that trend has gone.

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01/06/2020

Texas man pleads guilty to using stolen credit card numbers to buy goods

Sioux City Journal

SIOUX CITY -- A Texas man pleaded guilty Thursday to using stolen credit card numbers to buy goods from an Iowa store.

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01/03/2020

Postal Workers Worried About Safety As Mail Thefts Are On The Rise

CBS Chicago

Thieves in Chicago after private mail. There are pictures of two of them at work. CBS 2 learned how they’re getting through locked doors.

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01/02/2020

Postal Workers Worried About Safety As Mail Thefts Are On The Rise

CBS Chicago

Thieves in Chicago after private mail. There are pictures of two of them at work. CBS 2 learned how they’re getting through locked doors.

Details >
01/02/2020

Landry’s Notifies Customers of Payment Card Incident

The State of Security

Dining, hospitality and entertainment corporation Landry’s notified customers of a security incident that might have affected their payment card data.

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12/31/2019

Fraud in the New Decade

Dark Reading

Like any enterprise that wants to survive, fraudsters and hackers will continue to build on past successes to fuel future growth

Details >
12/31/2019

The Top 10 State of Security Blog Posts from 2019

The State of Security

It’s been another fantastic year on The State of Security blog.

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12/31/2019

Erie officials: Town fell victim to financial fraud

Daily Camera

Erie officials announced the town was recently a victim of financial fraud after sending just over $1.01 million to an unknown person claiming to be a construction company the town had hired to build Erie Parkway bridge.

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12/30/2019

Weeks After Fiserv’s Bid for First Data, FIS Puts up $43 Billion to Snap up Worldpay

Digital Transactions

Fidelity National Information Services Inc.’s $43-billion cash-and-stock deal to acquire Worldpay Inc., announced early Monday, will create a processing behemoth that will compete globally across a sweeping range of payments businesses, including merchant acquiring, e-commerce, faster payments, and core processing.

Details >
12/30/2019

Wawa reveals massive credit, debit card data breach at ‘potentially all’ locations

https://kywnewsradio.radio.com

PHILADELPHIA (KYW Newsradio) — Wawa experienced a massive data breach that may have affected customers at any of its stores, the convenience store announced Thursday.

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12/30/2019

Honda Opens Breach Lane; Facebook Reveals More Names

Credit Union Times

A misconfigured database results in Honda's exposure of 26,000 customer records containing personally identifiable information.

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12/30/2019

AWS vs. Azure vs. Google – What’s the Difference from a Cloud Security Standpoint?

The State of Security

When mainstream cloud computing first began to appear on the horizon, (Amazon launched its Elastic Compute Cloud product in 2006.) many organizations were initially hesitant to entrust their most valuable data and processes to a technological innovation named after something that appears so delicate.

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12/30/2019

Honeypots: A Guide To Increasing Security

The State of Security

Honeypots are not a new idea. They have been part of the cybersecurity world for decades and have frequently gone in and out of “fashion” over that period. Recently, though, they have become an increasingly important part of vulnerability management.

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12/27/2019

Deep Dive: The Importance Of Taking Fraud Decisioning Strategies Omnichannel

PYMNTS.com

Online firms and their banking partners have both the means and motives to stop fraudsters from accessing personal information, but today’s connected economy encompasses markets and customer service channels around the world.

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12/26/2019

Three people sentenced for running $100 million malware crime network

Engadget.com

They allegedly used GozNym to steal money from thousands of accounts.

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12/26/2019

Digital Banks Targeted in Account Takeover Scams

Security Boulevard

Financial services companies have always been primary targets for scammers, with account takeover the ultimate prize. If successful, phishing scams on digital banks reward attackers with sensitive data they can use for financial gain, identity theft or brand damage.

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12/26/2019

What Does Integrity Monitoring Have To Do With Security Anyway?

The State of Security

After spending several decades in this industry, I have seen growth in many different security products and in many different areas.

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12/26/2019

How Deep Fakes Can Hurt Your Business And What To Do About It

Frobes

Fake video and audio streams that appear to be real can ruin the reputations of your executives and your company.

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12/26/2019

Synthetic Fraud’s Slow Roll Across FIs

PYMNTS.com

Impersonation fraud — where a cybercriminal pretends to be someone they aren’t in an attempt to make off with funds — gets a lot of attention, and for good reason.

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12/23/2019

As Hackers Target Mobile Payment Apps, Here's How to Keep Them at Bay

Dark Reading

A little vigilance helps retailers reduce and prevent three of the most common kinds of mobile app fraud

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12/23/2019

Payments Fraud: Hitting a Moving Target to Stop Bad Actors

M&T Bank

As fraudsters continue to innovate and develop new techniques targeting businesses, organizations must remain vigilant to deter threats.

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12/23/2019

Data security breach impacts City of Sioux City customers

Sioux City Journal

SIOUX CITY -- A data security breach has potentially impacted more than 3,500 City of Sioux City customer utility and parking accounts.

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12/23/2019

What to Know About the Wawa Data Breach

Consumer Reports

Malware might have exposed payment information at potentially all Wawa locations as early as March of this year

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12/23/2019

Hackers Behind GozNym Malware Sentenced for Stealing $100 Million

The Hacker News

Three members of an international organized cybercrime group that was behind a multi-million dollar theft primarily against U.S. businesses and financial institutions have been sentenced to prison, the U.S. Justice Department announced.

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12/23/2019

PayPal Phishing Scam Tries to Steal Much More than Login Credentials

The State of Security

A newly discovered PayPal phishing scam attempts to steal much more than just a user’s login credentials for the online payments service.

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12/20/2019

The Three Cyber Attacks Ruining Your Holiday Spirit

Info Security

The retail industry isn’t the only one that needs to worry about cyber attacks. In fact, all organizations are warned against increased threats due to careless employee behaviors during the holiday season.

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12/20/2019

Top 10 Cybercrime and Online Fraud predictions for 2020

Finextra

As a decade of online fraud fighting is drawing to a close, it’s time to think about the next decade!

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12/19/2019

Police: Alaska man shopped, donated change after robbery

wiproud.com

ANCHORAGE, Alaska (AP) — An Alaska man robbed a credit union and then went shopping and dropped spare change in a donation bucket, authorities said.

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12/19/2019

Eye on Gas Stations: Networks Reject Delay in EMV Liability Shift; Visa Warns of Malware Attacks

Digital Transactions

Gas stations and convenience stores won’t be getting an extension of the upcoming October 2020 fuel-pump EMV liability shifts, according to a merchant trade group.

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12/19/2019

Credit Card Fraud Has Tripled. Don't Let It Happen to You

The Motley Fool

Try these smart moves to keep identity thieves away.

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12/19/2019

Identity Theft and Taxpayer First Act Resources

The CPA Journal

The IRS appears to be making inroads in addressing tax-related identity theft, although the crime continues to feature prominently on its annual Dirty Dozen list of tax scams (IR-2019-49, http://bit.ly/32UqCrH), along with phishing and phone scams.

Details >
12/19/2019

New Zelle fraud scheme ropes in Indeed job seeker as unwitting money mule

bobsullivan.net

Combine old-fashioned money-mule-job-listing fraud with Zelle fraud and there’s a big new headache that job seekers and bank consumers have to worry about.

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12/19/2019

Global online fraud: Balancing compliance, security and convenience

Digital Commerce 360

Antifraud systems keep getting more sophisticated and regulations are evolving with the growth of online payments. But criminals are keeping pace. They are perfecting social engineering schemes that trick consumers into giving up personal data that can then be used to commit fraud.

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12/19/2019

Worst Passwords List Reveals “123456” to Still Be Top Offender

The State of Security

A list of some of the worst passwords for 2019 revealed that users continue to turn to “123456” above all of the other ill-advised combinations

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12/19/2019

$43M fraud by Foxconn managers selling iPhones made from rejected parts

9to5mac.com

Apple is reportedly investigating a massive fraud by Foxconn managers who sold iPhones made from rejected parts.

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12/19/2019

Crapo delivers crushing blow to pot banking

American Banker

WASHINGTON — Senate Banking Committee Chairman Mike Crapo delivered a significant blow Wednesday to legislation enabling banks and credit unions to serve the cannabis industry, announcing his opposition to a bill designed to help marijuana businesses in the more than 30 states that have legalized the substance.

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12/17/2019

Ransomware Gangs Now Outing Victim Businesses That Don’t Pay Up

Krebs on Security

As if the scourge of ransomware wasn’t bad enough already: Several prominent purveyors of ransomware have signaled they plan to start publishing data stolen from victims who refuse to pay up.

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12/17/2019

Software Availability Proves To Be a Drag on Fuel-Pump EMV Upgrades

Digital Transactions

Upgrading gas pumps to accept EMV chip cards is a complex affair for convenience stores and gas stations that involves installing new card-reading hardware and software, testing, and certifications.

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12/17/2019

Visa warns that hackers are scraping card details from gas pumps

Yahoo Finance

Cybercrime groups are actively exploiting a weakness in gas station point-of-sale (POS) networks to steal credit card data, Visa has revealed.

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12/16/2019

Getting bombarded by scam calls? You’re not alone.

Federal Trade Commission

The Social Security Administration (SSA) scam is the number one scam reported to the FTC right now.

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12/16/2019

Getting bombarded by scam calls? You’re not alone.

Federal Trade Commission

The Social Security Administration (SSA) scam is the number one scam reported to the FTC right now.

Details >
12/16/2019

Watch Out For This Growing Kind Of Identity Theft

Forbes.com

Having been the victim of identity theft multiple times, I can tell you the thieves are getting more nimble. They are stealing more information multiple ways.

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12/16/2019

RTP: Achieving Ubiquity Without A Mandate

PYMNTS.com

Though the U.S. continues to take significant steps toward a faster payments ecosystem, the market undoubtedly lags behind others across the world in the path toward real-time payments ubiquity.

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12/16/2019

Visa: US Contactless Payments Primed For A Big 2020

PYMNTS.com

When Visa, Chase, New York’s Metropolitan Transportation Authority (MTA), and other industry leaders co-launched a contactless payments pilot seven months ago, they started small, and with modest goals.

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12/16/2019

A thief stole unencrypted hard drives filled with 29,000 Facebook employees’ information

theverge.com

Banking data for 29,000 Facebook employees, which was stored on unencrypted hard drives, was stolen by a thief from a payroll worker’s car, according to a Bloomberg report.

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12/16/2019

Watch out for tax scams on email, Facebook and your phone

Stock Daily Dish

Spot crooked Facebook posts, emails and texts this tax season. Jennifer Jolly reports. Jennifer Jolly for USA TODAY

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12/16/2019

Virginia man convicted in romance fraud scheme

KNSS.Radio.com

A federal grand jury has convicted a Virginia man of helping to swindle women across the country out of nearly $3 million in a fraud scheme.

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12/16/2019

Popular Secret Santa Scam back on social media

The Sentinel-Record

LITTLE ROCK -- The Secret Santa/Secret Sister scams are making the rounds again on social media, according to the Arkansas attorney general's office.

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12/16/2019

Medical Care at NJ Hospital Disrupted by Ransomware Attack

The State of Security

A New Jersey hospital said that it was forced to cancel some surgeries and other medical procedures after falling victim to a ransomware attack.

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12/13/2019

PayThink Real-time payments breaks security 'rules'

PaymentsSource

Globally, both consumers and businesses now have the expectation of real time payments and transactions.

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12/13/2019

Why Securing Digital Transactions Is On Every Merchant’s Wish List

PYMNTS.com

While dealing with fraud has always been a cost of doing business for merchants, the digital age has changed the game in terms of fighting off fraudsters.

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12/13/2019

BBB Alert: Beware of Puppy Scams This Holiday

Yankton Daily Press & Dakotan

If you are shopping online for a pet this holiday season, watch out for scams. Complaints continue to pour into Better Business Bureau’s (BBB) Scam Tracker as fake pet and puppy scams are on the increase.

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12/13/2019

How Do Password Managers Work?

Security Baron

One of the most annoying things about technology is having to remember so many different passwords for different accounts.

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12/13/2019

Car wrap scam targets college students

Federal Trade Commission

If you have a car, you know how expensive the upkeep can be. Gas, maintenance, parking – the whole lot.

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12/11/2019

Patch Tuesday, December 2019 Edition

Krebs on Security

Microsoft today released updates to plug three dozen security holes in its Windows operating system and other software.

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12/11/2019

VERT Threat Alert: December 2019 Patch Tuesday Analysis

Tripwire

Today’s VERT Alert addresses Microsoft’s December 2019 Security Updates. VERT is actively working on coverage for these vulnerabilities and expects to ship ASPL-863 on Wednesday, December 11th.

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12/10/2019

Major data center provider hit by ransomware attack, claims report

The State of Security

CyrusOne, a major provider of enterprise data center services, is reported to have suffered a ransomware attack.

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12/10/2019

How 5G Will Power The Industrial Commerce Revolution

Pymnts.com

Robots and artificial intelligence haven’t taken over — yet. But machines still have human-like needs, needs that, when fulfilled, can improve payments and commerce and, according to some, usher in what’s sometimes being called in smart circles a new industrial revolution.

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12/10/2019

Inside The Launch Of Colorado’s New State-Run Digital Driver’s License

Pymnts.com

Digital identities are growing more important and omnipresent in everyday life, and the need to keep them secure grows more pressing by the day.

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12/10/2019

Justice Department Announces Landmark Money Mule Initiative

The United States Department of Justice

Attorney General William P. Barr and law enforcement partners today announced a concentrated effort across the country and around the world to halt money mule activity.

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12/10/2019

Spotify Phishing Campaign Tells Users that Their Subscriptions Are Frozen

The State of Security

A new Spotify-themed phishing campaign informed recipients that the music streaming service had frozen their subscriptions.

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12/10/2019

Updated Ryuk Ransomware Decryptor Could Damage Larger Files

The State of Security

Attackers provided victims who paid with an updated Ryuk ransomware decryptor that could potentially damage their larger files.

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12/10/2019

How To Fight Fraud Without Cheapening Consumer Experiences

PYMNTS.com

Everything has a price. And the price for a richer consumer experience online and via mobile — one of the defining trends of payments and commerce in 2019, and probably well into the 2020s — is that the code that creates those experiences often leave opening for fraudsters to exploit.

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12/09/2019

How To Fight Fraud Without Cheapening Consumer Experiences

PYMNTS.com

Everything has a price. And the price for a richer consumer experience online and via mobile — one of the defining trends of payments and commerce in 2019, and probably well into the 2020s — is that the code that creates those experiences often leave opening for fraudsters to exploit.

Details >
12/09/2019

Debit Cards Overtake Cash as the Most Popular Payment Type, According to Fed Diarists

Digital Transactions

The growing popularity of debit cards and the displacement of cash by card and electronic payment alternatives is nothing new, but a Federal Reserve banks’ report released Thursday shows debit cards for the first time have surpassed cash as the most-used payment type.

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12/05/2019

Staying Safe when Shopping this Holiday Season: Bricks and Clicks Edition

The State of Security

The shopping season is upon us, and like it or not there are lots of individuals who would love to replace your happiness with their sadness.

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12/05/2019

Tens of Millions Exposed by SMS Data Leak

Info Security

Tens of millions of Americans may have been caught in another data leak after business SMS provider TrueDialog left a massive database exposed online, according to researchers.

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12/05/2019

Hackers Target Major Brands: Disney and Macy’s Breached

Business2community.com

Fraudsters are warming up for the holidays, targeting household names through e-commerce site hacking and credential stuffing attacks.

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12/05/2019

Prevent credential stuffing and account takeover attacks with these expert tips

helpnetsecurity.com

Account takeover and credential stuffing attacks are two security threats that often go hand in hand. Both have become alarmingly prominent: a recent report found that one-fifth of account openings so far in 2019 have been fraudulent.

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12/05/2019

Supply Chain Account Takeover: How Criminals Exploit Third-Party Access

Threatpost

It’s important for businesses of all sizes to not only view their suppliers’ attack surface as their own but also extend some of their security protections.

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12/05/2019

38% of Americans Have Been a Victim of ID Theft or Data Breaches in the Past Year: YouGov/ScoreSense® Survey

PR Newswire

DALLAS, Dec. 4, 2019 /PRNewswire/ -- 38% of Americans have been victims of identity theft or data breaches in the past year, according to a survey conducted by YouGov plc on behalf of ScoreSense®.

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12/04/2019

Verizon’s 2019 Payment Security Report – Not Just for PCI

The State of Security

If you are responsible for cybersecurity or data protection in your organization, stop what you are doing and read this report.

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12/03/2019

Scammers pretend to be the FTC

Federal Trade Commission

Did you recently get an official FTC letter from “me”? That’s in quotes because it wasn’t actually from me.

Details >
12/03/2019

Inside The Launch Of Colorado’s New State-Run Digital Driver’s License

PYMNTS.com

Digital identities are growing more important and omnipresent in everyday life, and the need to keep them secure grows more pressing by the day.

Details >
12/03/2019

The FBI Even Announced: Beware of Smart Televisions

Somagnews.com

The FBI Even Announced: Beware of Smart Televisions. Smart televisions have been in our lives for a while.

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12/01/2019

What businesses can learn from the NBA’s $13M fraud case

grbj.com

We’re only one month into the 2019-2020 NBA season and the Sacramento Kings recently have been in the news for the wrong reasons

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12/01/2019

As Synthetic Identity Fraud Rises, so does KYC/CDD Compliance Cost

ABA Banking Journal

Synthetic identities combine real and fake identity (ID) information to create a “new” identity. This identity is then used to open new accounts, by which to commit various types of financial fraud and money laundering.

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12/01/2019

A Milwaukee man masterminded a plan to defraud Milwaukee County banks of nearly $500,000, complaint says

Milwaukee Journal Sentinel

A Milwaukee man is facing 22 felony charges — and at least 11 other people are facing multiple felonies — after he allegedly masterminded and executed a fraud scheme that ripped off several Milwaukee County banks of nearly $500,000.

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11/29/2019

Hidden Cam Above Bluetooth Pump Skimmer

Krebs on Security

Tiny hidden spy cameras are a common sight at ATMs that have been tampered with by crooks who specialize in retrofitting the machines with card skimmers.

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11/29/2019

Facebook and Twitter warn some users’ private data was accessed via third-party app SDK

The State of Security

Facebook and Twitter have announced that personal data related to hundreds of users may have been improperly accessed after users logged into third-party Android apps with their social media accounts.

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11/29/2019

It’s Way Too Easy to Get a .gov Domain Name

Krebs on Security

Many readers probably believe they can trust links and emails coming from U.S. federal government domain names, or else assume there are at least more stringent verification requirements involved in obtaining a .gov domain versus a commercial one ending in .com or .org.

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11/29/2019

DeathRansom Ransomware Fixes Issues, Now Encrypting Victims’ Data

The State of Security

After its developers fixed several issues, DeathRansom ransomware is now actively infecting users and encrypting victims’ data.

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11/29/2019

5 ways to defend your phone against SIM swap attacks

USA Today

Here’s a new term to fear: SIM-swapping. In short, a cybercriminal steals a certain amount of your personal data, including your phone number.

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11/29/2019

MoneyGram Expands Blockchain Services as Ripple Invests Another $20 Million

Digital Transactions

Following up on a $30-million investment in June, blockchain-services provider Ripple Labs Inc. has made another $20-million equity investment in wire-transfer provider MoneyGram International Inc., making Ripple the owner of nearly 10% of MoneyGram’s common stock.

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11/25/2019

Are banks too confident in their cybersecurity protections?

RSM

Confidence is rising as the number of attacks continues to grow

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11/25/2019

Nigerian criminal made $1 million from prison in international scam

NY Post

A Nigerian inmate masterminded an international scam behind the bars of a maximum-security prison — raking in $1 million while in custody, according to a new report.

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11/25/2019

FBI Denver warns of scammers spoofing FBI phone numbers?

Star Herald Denver, CO

DENVER—The Scotts Bluff County Sheriff’s Office has shared a scam alert from the FBI Denver Division.

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11/25/2019

Cyber Security Trends 2020 – How Unprepared Are We?

Business2community.com

Spending on cybersecurity is on an explosive rise. When new ransomware attacks occur every 14 seconds followed by infiltration attempts on large volumes of data putting millions of people at risk, cybersecurity ought to be discussed.

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11/25/2019

OnePlus security breach exposes order info — payments and passwords reportedly safe

Android Police

OnePlus's security team has just announced that some of its customer information had been accessed by an unauthorized party.

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11/25/2019

110 Nursing Homes Cut Off from Health Records in Ransomware Attack

Krebs on Security

A ransomware outbreak has besieged a Wisconsin based IT company that provides cloud data hosting, security and access management to more than 100 nursing homes across the United States.

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11/25/2019

T-Mobile Says Security Incident Might Have Affected Some Customer Data

The State of Security

Wireless network operator T-Mobile revealed that a security incident might have exposed the personal information of some of its customers.

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11/25/2019

Moving Issuers — And Auth Rates — Past Fraud Prevention To Revenue Protection

PYMNTS.com

Fraud is hardly a new phenomenon in retail — in fact, it is probably safe to assume that fraud in some form or other has been there since the beginning.

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11/20/2019

South Dakota man linked to Butina pleads in fraud case

StarTribune.com

SIOUX FALLS, S.D. — A South Dakota man who was linked to an admitted Russian covert agent agreed to plead guilty in a fraud scheme that authorities said bilked at least $2.3 million from 78 people, according to a court filing Monday.

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11/20/2019

Macys.com checkout page hacked; customers advised to be vigilant of fraud

Security Boulevard

American department store chain Macy’s has suffered an embarrassing data breach where hackers gained access to customers’ personal and financial information, including credit card numbers and even card security codes.

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11/19/2019

Shred-it Study Reveals Americans Believe Their Information Security Habits Make Them Vulnerable to Fraud

newsbug.info

Nearly half of Americans believe they are vulnerable to fraud or identity theft based on their physical and digital security habits, yet nearly half store their credit card information online

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11/19/2019

6 essentials for fighting fraud with machine learning

MIT Technology Review

Going far beyond traditional attack detection, sophisticated machine learning systems help organizations stay one step ahead of fraudsters.

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11/19/2019

6 essentials for fighting fraud with machine learning

MIT Technology Review

Going far beyond traditional attack detection, sophisticated machine learning systems help organizations stay one step ahead of fraudsters.

Details >
11/19/2019

FBI Warning Of Scam That Says Receiver Has Won $75,000 For Shopping At Certain Stores

CBS 2 Pittsburgh

The FBI is warning about a new scam that says the receiver has won $75,000 for shopping at certain stores.

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11/19/2019

AT&T Cybersecurity Insights™ Report: Security at the Speed of 5G

AT&T

Security leaders understand 5G technology is on the horizon—but how much do they truly understand about the technology? And are they prepared for the cybersecurity implications, including the new technologies and explosion of IoT devices?

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11/19/2019

Ransomware Bites 400 Veterinary Hospitals

Krebs on Security

National Veterinary Associates (NVA), a California company that owns more than 700 animal care facilities around the globe, is still working to recover from a ransomware attack late last month that affected more than half of those properties, separating many veterinary practices from their patient records, payment systems and practice management software.

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11/18/2019

Zillow: Tackling Real Estate’s $1.6T Money Laundering Epidemic

PYMNTS.com

Governments are tightening know your customer (KYC) and anti-money laundering (AML) requirements on various industries out of increasing concern over fraud threats.

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11/18/2019

TCH Gives Banks An Open Banking Template

PYMNTS.com

Against the backdrop of Open Banking, and in an effort to compete, financial institutions (FIs) must give consumers the ability to share their data with third parties, including FinTech firms. FIs, in turn, must also protect the security and integrity of that data, while giving consumers a sense of control over how and where it’s being used.

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11/18/2019

NEW REPORT: With 5G Anticipation Building, Security Threats Loom

PYMNTS.com

The 5G network is rapidly being deployed in markets around the world, and the advance of the network could mean profound changes for the Intelligence of Things (IoT) ecosystem. Two-thirds of businesses have plans to develop new tools and technologies that will leverage 5G by 2020.

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11/18/2019

Phishers Targeting Microsoft Office 365 Admin Credentials

State of Security

Digital fraudsters are stealing Microsoft Office 365 administrator credentials as part of a broader phishing campaign targeting organizations.

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11/15/2019

Solara Medical Supplies Notifying Individuals Affected by Data Breach

State of Security

Solara Medical Supplies, LLC (“Solara”) revealed that it’s in the process of notifying individuals potentially affected by a data breach.

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11/15/2019

Only after running out of hard disk space did firm realise hacker had stolen one million users’ details

State of Security

Yet another company has been found lacking when it comes to securing its consumers’ data.

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11/15/2019

PCI Compliance Drops for the Second Year in a Row, Verizon Reports

Digital Transactions

Compliance with the Payment Card Industry data-security standard remains an elusive goal for many merchants and other organizations that handle general-purpose payment card data. In fact, compliance fell in 2018 for the second year in a row, according to Verizon Communications Inc.

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11/15/2019

Big Retailers Anticipate FedNow Will Bring Competition to Payments

Digital Transactions

A retail trade association as well as Target Corp. have endorsed the Federal Reserve’s planned FedNow real-time gross settlement service.

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11/15/2019

FBI busts $6 million iPhone and iPad counterfeit ring

Q13 Fox

The FBI busted a counterfeit ring centered on iPhones and iPads that reportedly cost Apple over $6.1 million.

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11/13/2019

Patch Tuesday, November 2019 Edition

Krebs on Security

Microsoft today released updates to plug security holes in its software, including patches to fix at least 74 weaknesses in various flavors of Windows and programs that run on top of it.

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11/13/2019

Orcus RAT Author Charged in Malware Scheme

Krebs on Security

In July 2016, KrebsOnSecurity published a story identifying a Toronto man as the author of the Orcus RAT, a software product that’s been marketed on underground forums and used in countless malware attacks since its creation in 2015.

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11/10/2019

Study: Ransomware, Data Breaches at Hospitals tied to Uptick in Fatal Heart Attacks

Krebs on Security

Hospitals that have been hit by a data breach or ransomware attack can expect to see an increase in the death rate among heart patients in the following months or years because of cybersecurity remediation efforts, a new study posits.

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11/10/2019

Identity Theft and Credit Card Fraud Statistics for 2019

The Ascent

Considering the kind of damage that identity theft and credit card fraud can do to your life, many consumers want to know just how prevalent these crimes are. Is identity theft becoming more common as criminals get more sophisticated, or are better security measures making it more difficult?

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11/10/2019

Detecting Account Takeover Botnets

Security Boulevard

A botnet is a network of compromised computers – known as bots – usually controlled by a command and control computer, that work together in coordination for a malicious purpose.

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11/10/2019

Phishing Attacks Are Booming Even as They Are Getting Harder to Detect

Digital Transactions

Fueled by such scams as business email compromise, phishing frauds are staging a dramatic comeback. The total number of attacks reached 266,387 in the third quarter, according to the latest report from the Anti-Phishing Working Group, a security-industry organization that tracks the crime.

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11/05/2019

GIACT On Payments’ $29M Wire Fraud Wake-Up Call

PYMNTS.com

Last week, the U.S. subsidiary of Japan’s largest financial media organization, Nikkei, made headlines for the reason that no firm ever wants: The company was the victim of financial fraud to the tune of $29 million via a wire transfer gone bad.

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11/05/2019

https://cointelegraph.com/news/court-orders-4m-in-penalties-for-investment-fraud-involving-atm-coin

Cointelegraph.com

A New York court has ordered defendants to pay $4.25 million in penalties for investment fraud involving the cryptocurrency ATM Coin.

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11/04/2019

The Internet Doesn't Talk About The True Cost of Fraud: Here's How To Fix It (And Save >$1M)

Hackernoon

In today’s competitive landscape, businesses have the capacity to save over 1 million USD for every 100,000 users being verified - with processes that mitigate fraud and reduce friction. Here’s how.

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11/04/2019

FTC survey: 40 million Americans are victims of fraud

Times Record News

A Federal Trade Commission survey found that in 2017, about 40 million Americans were victims of fraud – about 16 percent of the population.

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11/04/2019

NCR Barred Mint, QuickBooks from Banking Platform During Account Takeover Storm

Krebs on Security

Banking industry giant NCR Corp. [NYSE: NCR] late last month took the unusual step of temporarily blocking third-party financial data aggregators Mint and QuickBooks Online from accessing Digital Insight, an online banking platform used by hundreds of financial institutions.

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11/01/2019

DNS Rebinding: A Frightening Attack Vector with Spooky Security Impacts

The State of Security

One of the greatest misconceptions about online safety is that home networks are somehow private.

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11/01/2019

How Cash-Out Attacks Are Becoming the Next Big Worry for ATM Operators

Digital Transactions

Payments executives are starting to go public with concerns about a growing type of ATM fraud called the cash-out attack.

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11/01/2019

Payments fraud is on the rise so how do you protect your company?

Albuquerque Business First

Payments fraud reached a new high in 2018, according to the recent 2019 AFP Payments Fraud Survey, with 82% of companies reporting they were targets.

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10/30/2019

Breaches at NetworkSolutions, Register.com, and Web.com

Krebs on Security

Top domain name registrars NetworkSolutions.com, Register.com and Web.com are asking customers to reset their passwords after discovering an intrusion in August 2019 in which customer account information was accessed.

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10/30/2019

Are your trusted holiday season customers who they say they are?

Digital Commerce 360

Criminals increasingly take over the retail accounts of legitimate consumers or use stolen identity data to create phony accounts that they use to commit fraud against online retailers. This criminal activity spikes during the holidays, when retailers’ fraud-prevention teams are stretched thin. Here are some ways to protect yourself.

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10/29/2019

Takeaways from the $566M BriansClub Breach

Krebs on Security

Reporting on the exposure of some 26 million stolen credit cards leaked from a top underground cybercrime store highlighted some persistent and hard truths

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10/29/2019

Adobe leaves Creative Cloud database open, 7.5 million users exposed

SC Magazine

An unsecured Elasticsearch database left exposed the account information of about 7.5 million Adobe Creative Cloud users.

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10/28/2019

Quickly-growing phone scam targets bank customers via text message

CBS This Morning

A quickly-growing phone scam targets banking customers via text message, pretending to be with a bank's fraud department and asking about fake "suspicious withdrawals."

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10/25/2019

FTC Issues Guidance On Protecting Against SIM Swap Attacks

Bleeping Computer

The U.S. Federal Trade Commission (FTC) issued guidance on how to protect yourself from SIM swapping attacks used by scammers to take control of your phone number, to bypass SMS-based multi-factor authentication (MFA) on your account, and steal your credentials.

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10/25/2019

Cachet Financial Reeling from MyPayrollHR Fraud

Krebs on Security

When New York-based cloud payroll provider MyPayrollHR unexpectedly shuttered its doors last month and disappeared with $26 million worth of customer payroll deposits, its payment processor Cachet Financial Services ended up funding the bank accounts of MyPayrollHR client company employees anyway, graciously eating a $26 million loss which it is now suing to recover.

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10/25/2019

Scammer Stole $500K from Ocala, FL in Spear Phishing Attack

The State of Security

A scammer stole a little more than $500,000 from the City of Ocala, Florida as the result of a successful spear phishing attack.

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10/25/2019

Scams and older consumers: Looking at the data

FTC

The FTC just sent a report to Congress called Protecting Older Consumers 2018-2019. The report suggests steps to take to help protect older consumers from fraud.

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10/25/2019

The Fed on Fraud: New Synthetic Identity Fraud White Paper

The Federal Reserve Bank

How can the payments industry detect synthetic identity fraud, the fastest-growing type of financial crime in the U.S. according to industry experts?

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10/25/2019

SIM Swap Scams: How to Protect Yourself

FTC

If your cell phone is your go-to device for checking your email, paying your bills, or posting to social media, you’re not alone.

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10/22/2019

Ransomware Hits B2B Payments Firm Billtrust

Krebs on Security

Business-to-business payments provider Billtrust is still recovering from a ransomware attack that began last week. The company said it is in the final stages of bringing all of its systems back online from backups.

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10/22/2019

How cybersecurity leaders can best navigate the C-suite

Security Boulevard

Recent data breaches at companies like British Airways and Capital One have made it more evident than ever before that cybersecurity leaders must prepare for a staggering amount of potential threats. Credential stuffing, account takeovers, and insider threats are all vectors of attack that could potentially devastate a business. But without the C-suite’s support, it’s impossible for cybersecurity leaders to effectively plan for and defend against these threats.

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10/21/2019

How scammers use Zelle to drain your bank account

WPTV

A frightening bank scam now lets thieves get right into your checking account, and even savvy college educated people are falling for it.

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10/21/2019

‘Absolute scam’: Complaints about credit monitoring plans flood CFPB

American Banker

WASHINGTON — Before Alex Biviano was hired as a server by a popular restaurant chain, his prospective employer sought details about his credit. To provide the information, Biviano paid what he thought would be just a $1 fee to TransUnion to see his credit report. But the process ended up costing him a lot more, he says.

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10/17/2019

For payment crooks, bots are the master key

PaymentsSource

Imagine a big key ring, full of keys. Maybe it is the kind a janitor or building manager carries — one with dozens or hundreds of keys on it.

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10/15/2019

“BriansClub” Hack Rescues 26M Stolen Cards

Krebs on Security

“BriansClub,” one of the largest underground stores for buying stolen credit card data, has itself been hacked.

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10/14/2019

FBI Cyber Task Force Advises Businesses to Incorporate Biometric Factors to Mitigate Multi-Factor Authentication Risk

Yahoo Finance

WALL, N.J., Oct. 10, 2019 (GLOBE NEWSWIRE) -- BIO-key International, Inc. (NASDAQ: BKYI), an innovative provider of biometric authentication and security solutions, today said several media reports announced that the FBI Cyber Task Force recently issued a four-page Private Industry Notice that recommends the addition of biometric factors and behavioral information checks to multi-factor authentication (MFA) approaches, citing known and exploited vulnerabilities of token and phone-based multi-factor authentication methods.

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10/14/2019

Hacking Is Not a Crime! Additional Thoughts from DEFCON 2019

The State of Security

In my previous post, I spoke about all of the different DEFCON villages where attendees can learn about and purchase all sorts of fun hacking/counter hacking tools.

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10/14/2019

Can Digital Privacy Go Too Far?

PYMNTS.com

Digital identity verification can come with privacy concerns. Using facial recognition technology and other biometric data is still controversial, but privacy concerns can also swing in the other direction.

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10/14/2019

Consumer Alert: Scam warning as big settlements start to pay out

Action News 2

GREEN BAY, Wis. (WBAY) - Tens of millions of dollars are being re-paid to victims of fraud. The Federal Trade Commission says checks are in the mail--but they also warn that scammers may be taking this opportunity to try to steal your money.

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10/14/2019

The FBI Sends A Warning About Multi-Factor Authentication…And Other Small Business Tech News This Week

Forbes

Here are five things in technology that happened this past week and how they affect your business. Did you miss them?

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10/10/2019

Poor password hygiene makes breaches inevitable

PayThink

With 2019 on track to be the worst year ever for data breaches, this is not only bad news for individual consumers and the breached businesses but all businesses that operate online — big and small.

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10/10/2019

Phishing Attack Possibly Affected 68K Patients of The Methodist Hospitals

The State of Security

The Methodist Hospitals, Inc. revealed that a phishing attack potentially affected the information of approximately 68,000 patients.

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10/08/2019

Synthetic Identity Fraud Is The Fastest Growing Financial Crime -- What Can Banks Do To Fight It?

Forbes

Synthetic identity fraud is a relatively recent phenomenon that is on the rise. McKinsey claims synthetic ID fraud is the fastest-growing type of financial crime in the U.S. LexisNexis Risk Solutions (via Yahoo Finance) found that "61% of fraud losses for [large] banks stem from identity fraud [and] 20% of the identity fraud incurred by these larger banks is synthetic identity fraud."

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10/08/2019

Payment Card Security Incidents Disclosed by Three U.S. Restaurant Chains

The State of Security

Three restaurant chains based in the United States have revealed they suffered security incidents that affected customers’ payment card information.

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10/08/2019

6 Common Phishing Attacks and How to Protect Against Them

The State of Security

Phishing attacks don’t show any sign of slowing down

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10/08/2019

Decryption Keys Released by Developer of HildaCrypt Ransomware

The State of Security

The developer of HildaCrypt has released the master decryption keys that would allow potential victims of the ransomware to recover their data for free.

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10/08/2019

BI warns about attacks that bypass multi-factor authentication (MFA)

ZDNet

The US Federal Bureau of Investigation (FBI) has sent last month a security advisory to private industry partners about the rising threat of attacks against organizations and their employees that can bypass multi-factor authentication (MFA) solutions.

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10/08/2019

Two arrested on mail theft, forgery in Red Wing

Rivertowns.net

A man and woman face felony check forgery and mail theft charges stemming from two separate Red Wing incidents connected by the same white car.

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10/08/2019

Woman wrongfully arrested for car theft after identity stolen

WTHR

NDIANAPOLIS (WTHR) — The family of a woman whose purse and ID were stolen hope police can find the woman using her identification. So far police suspect the thief has stolen three vehicles using the victims driver’s license.

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10/06/2019

Chase Taps Machine Learning For Proactive Approach To Fraud

PYMNTS.com

Banks have a Goldilocks problem: Authentication processes can’t be too rigorous for legitimate consumers, but also can’t be too lax so that fraudsters can easily exploit them. In the new Digital Fraud Tracker, Andrew Sloper, Chase’s head of digital authentication, tells PYMNTS how machine learning tools provide a layered, preventative approach without sacrificing a seamless user experience.

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10/06/2019

BBB tips to secure your ID during Cybersecurity Awareness Month

The Hutchinson News

October is Cybersecurity Awareness Month, and the Better Business Bureau (BBB) is reminding you that cyber-thieves are constantly combing the Internet in search of unprotected data that they use to steal others’ identities.

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10/04/2019

FBI: Don’t pay ransomware demands, stop encouraging cybercriminals to target others

The State of Security

As ransomware attacks continue to cripple networks, most recently forcing medical centres to shut down their systems and turn away patients, the FBI has issued some unambiguous advice for organisations on how they should handle ransom demands:

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10/04/2019

Faster payments, faster payments fraud: How to battle the bad guys

BAI Banking Strategies

When the Kansas City blues shouter Big Joe Turner first performed the immortal “Shake Rattle and Roll” in 1954, there was no way he could know the future hit might as well fit the mood of banks fighting payments perfidy.

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10/04/2019

Mastercard: Fraud-Fighting’s New Mantra — Test, Protect, Prevent

PYMNTS.com

The competition between cybercriminals and the fraud and security teams at banks, tasked with stopping their attacks, is incredibly lopsided.

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10/01/2019

Online Account Origination Fraud: When New Users Are Bad News

NuData Security

Your online company is getting lots of new online customers, but you don’t understand why revenue numbers don’t add up. OAO is probably the at the source of your problems.

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09/30/2019

WHY IT’S SO HARD FOR CHALLENGER BANKS TO FIGHT FINANCIAL CRIME

Feedzai

Challenger banks put themselves under intense pressure to create a superior customer experience, and with good reason.

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09/30/2019

Self-defense against scams

FTC

To everyone who hangs up on unwanted calls, learns about the latest scams, and checks with friends about suspicious offers: good news!

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09/29/2019

Eye on Data Security: High Risk for Insurers; Another Round of Attacks on Click2Gov

Digital Transactions

A new analysis says insurance companies are particularly vulnerable to e-commerce fraud, and a recent report says a second round of data breaches has occurred at cities that use the Click2Gov application for payment of utility bills, parking tickets, and related municipal payments.

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09/29/2019

WordPress sites hacked through defunct Rich Reviews plugin

The State of Security

An estimated 16,000 websites are believed to be running a vulnerable and no-longer-maintained WordPress plugin that can be exploited to display pop-up ads and redirect visitors to webpages containing porn, scams, and–worst of all–malware designed to infect users’ computers.

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09/29/2019

MyPayrollHR CEO Arrested, Admits to $70M Fraud

Krebs on Security

Earlier this month, employees at more than 1,000 companies saw one or two paycheck’s worth of funds deducted from their bank accounts after the CEO of their cloud payroll provider absconded with $35 million in payroll and tax deposits from customers.

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09/29/2019

DoorDash data breach exposes 4.9 million users' details

Digital Transactions

DoorDash has confirmed a data breach impacting 4.9 million users including customers, delivery workers and merchants. The food delivery company said that the breach happened on May 4 and that customers who joined after April 5, 2019 are not affected.

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09/24/2019

3 Types of Network Attacks to Watch Out For

The State of Security

Cybersecurity is becoming more of a common tongue term in today’s industry.

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09/24/2019

Cybercriminals are Targeting Healthcare Industry For Lucrative Information to Steal

Chemis Journal

Hackers are generally assumed to be going after bank account numbers or financial institutions.

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09/23/2019

Victims lose $900,000 in national fraud case; two women arrested by Fontana Police

Fontana Herald News

Two women were arrested by Fontana Police Department detectives in connection with a national fraud case in which victims lost about $900,000, police said in a news release on Sept. 20.

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09/22/2019

Before He Spammed You, this Sly Prince Stalked Your Mailbox

Krebs on Security

A reader forwarded what he briefly imagined might be a bold, if potentially costly, innovation on the old Nigerian prince scam that asks for help squirreling away millions in unclaimed fortune: It was sent via the U.S. Postal Service, with a postmarked stamp and everything.

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09/22/2019

The (Mostly) Bad News About Prepaid Cards

The Ascent

Make sure you fully understand the fees before you get a prepaid card, as it might not be your best option.

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09/22/2019

IRS Testing Behavioral Analytics to Verify Online Users

Nextgov

The agency is piloting a proof-of-concept that will track how individual taxpayers interact with its online systems.

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09/20/2019

A Guide on 5 Common LinkedIn Scams

The State of Security

The fact that scammers haunt Facebook and Twitter is not surprising. Even so, digital criminals don’t stop with just those two platforms. They’re also known to stalk users on LinkedIn where connections carry greater professional gravity.

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09/20/2019

Over 12,000 WannaCry Variants Detected in the Wild

The State of Security

Security researchers have determined that over 12,000 variants of the WannaCry ransomware family are preying upon users in the wild.

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09/20/2019

New Account Fraud Creates Friction for Banks

ABA Banking Journal

Banks are getting better at making digital account opening faster, easier and more efficient. But improvements to reduce the friction for customers can also open the door to new ways of gumming up the works with fraud.

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09/20/2019

How to avoid contactless card fraud

Good Houskeeping

You may have noticed recently that you’re having to tap in your pin more often when using your contactless bank card.

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09/20/2019

Helping Hispanics avoid fraud

FTC

Hispanic Heritage Month (Sept 15 - Oct 15) is a time to celebrate the rich culture, heritage, and contributions of Hispanics. It is also a time to reflect on the FTC’s commitment to help Hispanic communities fight fraud.

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09/20/2019

Social Security is not trying to take your benefits

FTC

We’ve seen a new twist on the Social Security Administration (SSA) scam recently. Check out this SSA imposter robocall, which says your benefits will end. (That’s not true, by the way.)

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09/20/2019

Four charged in "massive" credit card cloning scheme

Action News 2

The four suspects are accused of stealing Meijer credit card numbers and encoding them onto gift cards--also known as card cloning. The suspects used the cloned cards to purchase more gift cards or merchandise, according to the investigation. Suspects use a computer or device to code the magnetic strips of the cards.

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09/18/2019

Fed’s proposal for faster payments raises question of fraud

Roll Call

The Federal Reserve’s announcement last month that it would compete with private industry to launch a 24-hour-a-day real-time payment service has fintech experts raising an alarm: How will it handle fraud, which they say is inevitable with any financial system.

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09/16/2019

US Treasury sanctions three North Korean hacking groups

ZDNet

US wants to seize financial assets associated with the Lazarus Group, Bluenoroff, and Andarial.

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09/12/2019

Uber Confirms Account Takeover Vulnerability Found By Forbes 30 Under 30 Honoree

Forbes

A security vulnerability has been discovered that could allow attackers to compromise and control any Uber account.

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09/11/2019

BEC Scams Cost Victims $26B over a Three-Year Period, Finds FBI

The State of Security

The Federal Bureau of Investigation (FBI) found that business email compromise (BEC) scams cost victims a combined total of $26 billion in losses over a three-year period.

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09/11/2019

NY Payroll Company Vanishes With $35 Million

Krebs on Security

MyPayrollHR, a now defunct cloud-based payroll processing firm based in upstate New York, abruptly ceased operations this past week after stiffing employees at thousands of companies.

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09/10/2019

Patch Tuesday, September 2019 Edition

Krebs on Security

Microsoft today issued security updates to plug some 80 security holes in various flavors of its Windows operating systems and related software.

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09/09/2019

Secret Service Investigates Breach at U.S. Govt IT Contractor

Krebs on Security

The U.S. Secret Service is investigating a breach at a Virginia-based government technology contractor that saw access to several of its systems put up for sale in the cybercrime underground, KrebsOnSecurity has learned.

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09/09/2019

Monster.com job applicants info exposed on unprotected server

SC Magazine

Personal details from resumes and CVs from job seekers were exposed after a server belonging to a recruitment company that was a customer of Monster.com and others was left unprotected.

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09/09/2019

Financial fraud targeting college students: How to stop the scam

Alabana Newscenter

“Hey, I can help you earn some quick cash.” To some, those words are an immediate red flag. Surely, this must be a scam. Just say, “No, thanks,” and move on.

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09/09/2019

Fake PayPal Website Distributes New Variant of Nemty Ransomware

The State of Security

Digital attackers created a fake PayPal website to distribute samples of a new variant of the Nemty crypto-ransomware family.

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09/06/2019

Biometrics And Beyond For Call Centers

PYMNTS.com

The latest Call Center Commerce Tracker looks at how call centers are using artificial intelligence (AI) and biometrics to keep customers satisfied and safe, as well as new voice and visual trends.

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09/05/2019

Southwest Airlines Will Add Apple Pay As a Payment Option

Digital Transactions

Southwest Airlines will join the roster of merchants that accept Apple Pay, according to an announcement Wednesday from CellPoint Digital and UATP.

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09/05/2019

Ransomware Attackers Demanded $5.3M from City of New Bedford

The State of Security

Digital criminals demanded $5.3 million in ransom from the City of New Bedford, Massachusetts following a ransomware attack.

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09/05/2019

Hundreds of millions of Facebook users’ phone numbers found lying around on the internet

The State of Security

TechCrunch reports that a security researcher stumbled across an exposed server on the internet containing databases with a total of more than 419 million records related to Facebook users.

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09/03/2019

Ransomware Bites Dental Data Backup Firm

Krebs on Security

PerCSoft, a Wisconsin-based company that manages a remote data backup service relied upon by hundreds of dental offices across the country, is struggling to restore access to client systems after falling victim to a ransomware attack.

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09/03/2019

Why Vietnam Is The Next Payments And Commerce Frontier

PYMNTS.com

Here’s a thought as the unofficial end of summer draws near and a new decade looms: Pay more attention to Vietnam.

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09/03/2019

Criminals Use Voice AI To Steal Money

PYMNTS.com

Cybercriminals impersonated the voice of an energy company’s chief executive and demanded an urgent transfer of $243,000 – and it worked, according to a report by The Wall Street Journal.

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08/29/2019

Feds ordered Google location dragnet to solve Wisconsin bank robbery

The Verge

On October 13th, 2018, two men walked into a Great Midwest Bank in a suburban strip mall outside Milwaukee. They were the first two customers when the bank opened, barely recognizable behind sunglasses and heavy beards — but it soon became clear what they were after.

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08/27/2019

Cybersecurity Firm Imperva Discloses Breach

Krebs on Security

Imperva, a leading provider of Internet firewall services that help Web sites block malicious cyberattacks, alerted customers on Tuesday that a recent data breach exposed email addresses, scrambled passwords, API keys and SSL certificates for a subset of its firewall users.

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08/26/2019

Adyen Says It’s Ready to Take on the Majority of eBay’s Volume Next Year

Digital Transactions

PayPal Holdings Inc.’s shares dipped slightly late Thursday after a key Adyen N.V. executive told stock analysts that the Amsterdam-based company is “ready” to process “the majority” of eBay Inc.’s volume when eBay shifts to Adyen next year.

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08/26/2019

Visa: New Cyber Threats Require New Fraud Tools

PYMNTS.com

The phenomenon of payments fraud is not a modern one — far from it.

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08/26/2019

How to Stop Spammers From Attacking Your Google Calendar

How-To Geek

Spammers have found a way to add unwanted phishing and scam events to people’s Google Calendars without their permission. Here’s how to stop spammers from adding things to your calendar without your permission.

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08/26/2019

Eye on Cryptocurrency: Libra Backers Getting Cold Feet? Settlement in Alleged Crypto Pyramid Scheme

Digital Transactions

Several backers of Facebook Inc.’s proposed Libra cryptocurrency are having second thoughts because of regulatory pushback, according to a British newspaper report.

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08/26/2019

FBI takes down Nigerian fraudsters in $46M case

ABC News

The relationship between a Japanese woman and a U.S. Army captain stationed in Syria started online, through an international social network for digital pen pals. It grew into an internet romance over 10 months of daily emails.

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08/26/2019

Can Email Change The Payments Game For SMBs?

PYMNTS.com

Poor cash flow is a business killer. Almost half of all businesses fail within the first four years because of poor cash flow management.

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08/26/2019

Trending: FIs Use AI To Challenge Challenger Banks

PYMNTS.com

Legacy banks have their work cut out for them if they want to survive another century as key players in the digital banking world.

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08/26/2019

Hy-Vee customers credit and debit card information sold online

KRCG TV

DES MOINES, IOWA (AP) — An Iowa-based grocery chain says it's aware of reports that hacked customer account information is being sold online.

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08/26/2019

IBM Study Shows Data Breach Costs on the Rise.

The State of Security

For the 14th consecutive year, IBM Security released its annual Data Breach Report that examines the financial impact of data breaches on organizations.

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08/26/2019

Scam Alert: College Scholarship Seekers Beware

Public News Service

RICHMOND, Va. — It's back-to-school season, and parents and grandparents of college students need to take precautions against scholarship scams.

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08/23/2019

Is the American Community Survey legit?

Federal Trade Commission

Here at the FTC, we always tell people to use caution when someone they don’t know asks them for personal information.

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08/23/2019

Survey: 84% of Security Pros Said Their Organizations Struggled to Maintain Security Configurations in the Cloud

The State of Security

Headlines continue to suggest that organizations’ cloud environments make for tantalizing targets for digital attackers.

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08/23/2019

Visa Adds New Security Capabilities to Detect Fraud and Disrupt Threats

The State of Security

Visa unveiled a suite of new security capabilities designed to help detect fraud and disrupt threats targeting financial institutions and merchants.

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08/23/2019

Block newly-registered domains to reduce security threats in your organisation

The State of Security

It’s no secret that there are a lot of websites on the internet hosting malicious content whether they be phishing pages, scams or malware itself.

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08/23/2019

Breach at Hy-Vee Supermarket Chain Tied to Sale of 5M+ Stolen Credit, Debit Cards

Krebs on Security

On Tuesday of this week, one of the more popular underground stores peddling credit and debit card data stolen from hacked merchants announced a blockbuster new sale: More than 5.3 million new accounts belonging to cardholders from 35 U.S. states.

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08/23/2019

IRS Security Checklist #5: Create a Data Theft Recovery Plan

CPA Practice Advisor

Tax professionals are being advised by the IRS that they should report data theft immediately and follow an established process for helping the IRS protect their clients.

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08/23/2019

Robocall Scams Get More Sophisticated and Costly

Yahoo Finance

FCC allows carriers to block suspected robocalls

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08/23/2019

Two-factor authentication for your financial accounts — here’s how secure it really is

Bankrate

Have you ever logged into an online account and then received a text message to confirm it was you actually logging in?

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08/23/2019

Payments and Fraud Control: Good News, Bad News

PaymentsJournal

Earlier this year, AFP (Association of Finance Professionals) published its annual “Payments Fraud and Control Survey,” which looks at trends in business payments fraud and what companies are doing to combat them.

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08/21/2019

Outflanking fraud and fakers: How biometrics can safeguard online account opening

BAI Banking Stratetgies

Thinking of opening a new bank account? If so, chances are the process will be online. The days of going in person to the branch with a handful of paper documents may be all but over. Yet the online experience may not be as fast as you expect—and unlikely to match the ease of interacting with online retailers and other service providers.

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08/21/2019

Lateral Phishing Attacks Rapidly Increasing Via Email Compromise

Health IT Security

Barracuda finds hackers are steadily launching lateral phishing attacks through employee email account compromise to proliferate across the victim’s network and launch further cyberattacks.

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08/21/2019

Concerns Mount Over Banks’ Move To The Cloud

PYMNTS.com

No rest for banks amid the hackers. And certainly not with an outsourced tech model.

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08/21/2019

Forced Password Reset? Check Your Assumptions

Krebs on Security

Almost weekly now I hear from an indignant reader who suspects a data breach at a Web site they frequent that has just asked the reader to reset their password.

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08/19/2019

Psychological Tricks of the Malware Trade

The State of Security

As a Professional Services Consultant, I have the pleasure of traveling all around the globe meeting clients and talking to a wide variety of IT security professionals who form the front line of defence against malware.

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08/19/2019

The Rise of “Bulletproof” Residential Networks

Krebs on Security

Cybercrooks increasingly are anonymizing their malicious traffic by routing it through residential broadband and wireless data connections.

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08/18/2019

Police Recovered $300K Stolen in Spotslyvania Schools Phishing Attack

The State of Security

Police recovered over $300,000 stolen by phishers from Spotslyvania County Public Schools in Spotslyvania County, Virginia.

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08/15/2019

Meet Bluetana, the Scourge of Pump Skimmers

Krebs on Security

“Bluetana,” a new mobile app that looks for Bluetooth-based payment card skimmers hidden inside gas pumps, is helping police and state employees more rapidly and accurately locate compromised fuel stations across the nation, a study released this week suggests.

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08/15/2019

EMVCo Proposes Spec Changes To Accommodate Longer Issuer IDs

Digital Transactions

Payment card standards body EMVCo on Thursday disclosed proposed specifications changes to accommodate the coming of longer numbers on credit and debit cards for identifying the card issuer, changes that could affect merchants using card numbers to identity their loyalty program members in addition to processing protocols.

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08/15/2019

Hy-Vee says it found unauthorized activity on some of its payment systems

Sioux City Journal

WEST DES MOINES, Iowa -- Iowa-based grocery store chain Hy-Vee is warning customers about what it says is a security incident involving payment card systems.

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08/15/2019

Voices Why auditors need to be sent to ‘Fraud School’

Accounting Today

It is a question that always arises in the wake of any high-profile fraud: How could this have happened?

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08/15/2019

More than a million people have their biometric data exposed in massive security breach

The State of Security

A biometrics system used to secure more than 1.5 million locations around the world – including banks, police forces, and defence companies in the United States, UK, India, Japan, and the UAE – has suffered a major data breach, exposing a huge number of records.

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08/13/2019

SEC Investigating Data Leak at First American Financial Corp.

Krebs on Security

The U.S. Securities and Exchange Commission (SEC) is investigating a security failure on the Web site of real estate title insurance giant First American Financial Corp. that exposed more than 885 million personal and financial records tied to mortgage deals going back to 2003, KrebsOnSecurity has learned.

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08/13/2019

I Lost My Identity to a Fraudster, and It Took Six Years to Clean Up the Mess

Bloomberg.com

A Bloomberg reporter’s first-person account of trying to get back his name and credit rating.

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08/13/2019

Venmo launches instant transfers to bank accounts

Techcrunch.com

PayPal -owned payments app Venmo today announced support for instant transfers to U.S. bank accounts.

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08/12/2019

iNSYNQ Ransom Attack Began With Phishing Email

Krebs on Security

A ransomware outbreak that hit QuickBooks cloud hosting firm iNSYNQ in mid-July appears to have started with an email phishing attack that snared an employee working in sales for the company, KrebsOnSecurity has learned.

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08/12/2019

OFAC Continues to Demonstrate Greater Interest in Cryptocurrency Regulation and Enforcement

JDSupra.com

With the widespread arrival of Initial Coin Offerings (“ICOs”) over the last several years,1 U.S. authorities have made deliberate progress toward keeping pace with the fast-growing crypto industry.2

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08/12/2019

Lost amid the Equifax and Capital One hacks: Identity thieves targeting kids with ‘blank slate’ credit histories

MarketWatch

A child victim of identity theft typically won’t find out their identity has been targeted until the first time they apply for a first credit card, job or apartment

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08/12/2019

Business Email Compromise (BEC) Investigation – DIGITPOL

Digital Journal

Business Email Compromise (BEC) is soaring and global companies are been affected, typically attackers request funds to be transferred to an offshore location, typically to Hong Kong. Digitpol, a global cyber crime investigation agency is providing assistance to affected firms via its Hong Kong offices by provide rapid assistance with freezing funds wired to fraudsters accounts and liaison with local authorities to trace and recover the stolen funds.

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08/09/2019

How to Recognize the Signs of Tax ID Theft

CPA Practice Advisor

The Internal Revenue Service and its Security Summit partners are urging tax professionals to learn the tell-tale signs that their office may have experienced a data theft that resulted in fraudulent tax returns being filed in their clients’ names.

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08/08/2019

Visa to Test Advanced AI to Prevent Fraud

The Wall Street Journal

Visa Inc. is rolling out a platform to help its engineers quickly test advanced artificial-intelligence algorithms aimed at detecting and preventing credit-card fraud.

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08/08/2019

Stephanie Garland: Be on guard against college ID theft

The Joplin Globe

Thieves see younger people as desirable victims

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08/08/2019

State Farm Says Security Incident Might Have Exposed Customers’ Data

The State of Security

Insurance company State Farm revealed that a digital security incident might have exposed their customers’ personal information.

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08/07/2019

HACKERS ARE CRACKING ONLINE BANKING SITES TO STEAL YOUR CASH

Futurism

With a couple of relatively unsophisticated tricks, savvy hackers can breach online banking sites and drain wealthy people’s accounts.

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08/07/2019

Ex-Wells Fargo manager pleads guilty to aiding $14 million identity theft scheme

Los Angeles Daily News

The former manager of a Wells Fargo branch in Glendale accused of unfreezing suspicious accounts tied to a $14 million scheme to defraud the Internal Revenue Service pleaded guilty on Monday, August 5.

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08/06/2019

Bad Actors Using Dating Scams to Recruit Money Mules, Warns FBI

The State of Security

The Federal Bureau of Investigation (FBI) warned that bad actors are using dating scams in an attempt to recruit money mules.

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08/05/2019

Why You Should Use a Password Manager, and How to Get Started

How To Geek

The majority of people use very weak passwords and reuse them on different websites. How are you supposed to use strong, unique passwords on all the websites you use? The solution is a password manager.

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08/05/2019

Understanding and Stopping Synthetic Identity Fraud

PaymentsJournal

When it comes to fraud in the payments industry, there has been both good news and bad news.

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08/05/2019

What We Can Learn from the Capital One Hack

Krebs on Security

On Monday, a former Amazon employee was arrested and charged with stealing more than 100 million consumer applications for credit from Capital One.

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08/05/2019

What Check Fraud Can Teach Banks About Preparing For The Instant Payments Future

PYMNTS.com

If there was a handbook for how to become a successful fraudster, the first sentence of the first chapter would go something like this: “Go where the money is.”

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08/05/2019

The Risk of Weak Online Banking Passwords

Krebs on Security

If you bank online and choose weak or re-used passwords, there’s a decent chance your account could be pilfered by cyberthieves — even if your bank offers multi-factor authentication as part of its login process

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08/01/2019

How cyber criminals make LIMITLESS purchases from your card by cracking the £30 contactless limit

Nosy Media

How cyber criminals can make LIMITLESS purchases from your card by cracking the £30 contactless restrict – and how to quit it

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08/01/2019

Manhattan U.S. Attorney Announces Additional Distribution Of More Than $469 Million To Victims Of Madoff Ponzi Scheme

Department of Justice

Payments Are the Fourth Distribution in a Series of Payments That Together Will Constitute the Largest Payment of Forfeited Funds in the History of the Department of Justice’s Victim Compensation Program.

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08/01/2019

Two Leading Cybersecurity Organizations Issue Joint Bulletin on Threat of Online Skimming to Payment Security

PCI Security Standards

PCI Security Standards Council (PCI SSC) and the Retail and Hospitality ISAC Join Forces to Highlight Growing Threat

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08/01/2019

Cardless Transactions Are Driving Debit Growth, A Trend Fraudsters Have Noted

Digital Transactions

Consumers are making more debit card transactions without the physical card, and fraudsters are taking notice, according to a major study released Thursday.

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07/31/2019

Crooks Sell Credentials Using Combolists-as-a-Service Model

BleepingComputer

Cybercriminals are now using a combolists-as-a-service model to sell credential collections to other crooks, which will later use them as part of large scale malicious account takeover attacks targetting both individuals and organizations.

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07/30/2019

Equifax Data Breach: Beware of Fake Settlement Websites

FTC

Just last week, we told you to go to ftc.gov/Equifax to find out if your information – like your Social Security number – was exposed in the September 2017 Equifax data breach.

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07/30/2019

The rise of biometrics and passwordless security

helpnetsecurity.com

Whether you realize it or not, our current era of mobile and cloud computing can be defined, both positively and negatively, by shared secrets.

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07/30/2019

Capital One Data Theft Impacts 106M People

Krebs on Security

Federal prosecutors this week charged a Seattle woman with stealing data from more than 100 million credit applications made with Capital One Financial Corp.

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07/29/2019

Connelly: Beware the blitz of Social Security scam phonecalls

Seattle PI

Eight times in a single day last week, on both my cell phone and land line, an authoritative recorded voice told me he was calling from Social Security and that my number had been suspended because of criminal activity.

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07/26/2019

KARE 11 Investigates: ‘Money Mule’ convicted in email scam

Kare 11

After losing much of their life savings, a Minnesota couple has a warning for everyone using email and online banking.

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07/26/2019

What the FTC Facebook settlement means for consumers

FTC

The next time users visit Facebook, things might not look different, but big changes are brewing behind the scenes.

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07/22/2019

QuickBooks Cloud Hosting Firm iNSYNQ Hit in Ransomware Attack

Krebs on Security

Cloud hosting provider iNSYNQ says it is trying to recover from a ransomware attack that shut down its network and has left customers unable to access their accounting data for the past three days.

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07/22/2019

Bitcoin Daily: Anchorage Crypto Startup Sets Up Shop In Sioux Falls; Crypto Scam Steals $900K From Pension Fund

PYMNTS.com

Senator Mike Rounds made an announcement at a Senate Banking Committee hearing regarding Facebook’s planned cryptocurrency on Tuesday (July 16), but it wasn’t related to Libra.

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07/22/2019

Equifax’s Tab for Its Big 2017 Data Breach Will Total at Least $671 Million

Digital Transactions

Equifax Inc., which in 2017 sustained a data breach that potentially exposed sensitive information related to 148 million files, on Monday announced what that massive intrusion will cost the company.

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07/19/2019

Equifax Data Breach Settlement: What You Should Know

FTC

In September of 2017, Equifax announced a data breach that exposed the personal information of 147 million people.

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07/19/2019

Fargo woman who believes she fell victim to scam, not going down without a fight

Valley News

A Fargo woman who believes she fell victim to a scam, is not going down without a fight.

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07/18/2019

Medicare does not give out DNA kits

FTC

Here’s one that goes to show just how creative scammers can be.

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07/15/2019

Facial Recognition Authentication: Is It Good Enough to Fight Financial Fraud?

Fintech News SG

More than 2800 branches were closed in the UK between 2015 and the end of 2018, and a similar trajectory can be seen across the globe.

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07/15/2019

Mayors Say They’ll No Longer Pay Ransoms Connected to Security Events

The State of Security

Mayors in the United States have collectively declared that they’ll no longer meet attackers’ ransom demands in connection to a digital security event.

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07/15/2019

AI That ‘Thinks’ Like A Fraud Analyst

PYMNTS.com

Fraud, chargebacks and false positives can impact revenue, and even cause firms to lose customers. The data is out there to aid in intelligent risk decisioning, but not all data is created equal, and analysis must happen within milliseconds.

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07/15/2019

Fed warns on impact of 'Synthetic identity' theft

Plant Biometrics

The US Federal Reserve says a new crime trend has seen fraudsters combine a fake name and other fictional personal data such as a date of birth with a true Social Security number.

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07/15/2019

Why Small Businesses are Huge Targets for ID Theft

AccountingWEB

The Internal Revenue Service reported in 2017 that business identity theft increased 250 percent. Simply put, your client’s identity gets stolen, they are out of business. So what can you do?

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07/15/2019

In the Post-EMV World, Online Fraud May Decline, but Watch Out for Email Compromises

Digital Transactions

Fraud-control executives and researchers predicted card-not-present fraud would boom when the U.S. converted to EMV chip cards a few years ago, and, sure enough, it did.

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07/15/2019

How Ready Are Deployers for the Next Big Operating-System Conversion for ATMs?

Digital Transactions

Microsoft Corp. will stop supporting its Windows 7 operating system next January, and that’s set off the latest dash by ATM deployers to convert to the next OS while there’s still time. For most deployers, that’s Windows 10, but some might be in a better position to meet the deadline than others.

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07/15/2019

Is ‘REvil’ the New GandCrab Ransomware?

Krebs on Security

The cybercriminals behind the GandCrab ransomware-as-a-service (RaaS) offering recently announced they were closing up shop and retiring after having allegedly earned more than $2 billion in extortion payments from victims.

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07/09/2019

Who’s pretending to be the government now?

Federal Trade Commission

You’ve gotten the calls: from Social Security. Or the IRS. Or Medicare. Or any number of other agencies. Except: as soon as the caller threatens you or demands that you pay them with a gift card or by wiring money, you know. It’s a scam. Even if caller ID tells you otherwise – that’s not the government calling.

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07/09/2019

What is Deepfake, and should I be Concerned?

How-To Geek

We tend to trust the content of video and audio recordings.

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07/09/2019

Attack the hack: How banks can beat modern malware

BAI Bank Strategies

The complex stage where banks operate today resembles a theater where a trio of players vie for the spotlight.

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07/09/2019

Better Business Bureau: Imposter Fraud

ABC 7

CHICAGO (WLS) -- The Better Business Bureau is warning consumers to be aware of people who pretend to be government officials to try and steal money.

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07/08/2019

Why AI Is Social Media Fraud’s New Best Friend

PYMNTS.com

It can be difficult these days to remember the almost idyllic promise of social media when it first entered the general consumer consciousness.

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07/08/2019

British Airways faces record £183 million GDPR fine after data breach

The State of Security

What’s happened? British Airways is facing a record fine of £183 million, after its systems were breached by hackers last year and the personal and payment card information of around 500,000 customers were stolen.

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07/08/2019

National Trade Association Discloses Data Breach Tied to Alleged Phishing Attack

The State of Security

A national trade association has disclosed a data breach that allegedly took place following a successful phishing attack.

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07/01/2019

P2P Payments Find Fans In The Black Market

PYMNTS.com

Peer-to-peer (P2P) payments continue to gain popularity among consumers, with two of the biggest providers, Zelle and Venmo, reporting ongoing and significant gains

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07/01/2019

Visa Buys Rambus Payments To Tokenize Any Transaction On Any Network

PYMNTS.com

In digital commerce, promise and peril co-exist. Payments fraud is continuously moving from offline settings into the online realm.

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07/01/2019

10 MOST DANGEROUS TYPES OF FRAUD IN THE UNITED STATES AND HOW TO PROTECT YOURSELF

The Gal Post

In 2018 most of the frauds were recorded in employment, according to the Bureau for improving business practice. Based on information provided by the press-Secretary of the Bureau Katherine Hutt, edition of Fox News has compiled a list of 10 of the most dangerous types of fraud occurring in the United States, and also gave tips on how to protect yourself from them.

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06/26/2019

ACI Worldwide Rolls Out Disbursement Services

PYMNTS.com

To allow businesses to send money to consumers’ bank accounts in real time using their debit cards, real-time electronic payment and banking solutions provider ACI Worldwide announced the rollout of ACI Disbursement Services.

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06/25/2019

Tracing the Supply Chain Attack on Android

Krebs on Security

Earlier this month, Google disclosed that a supply chain attack by one of its vendors resulted in malicious software being pre-installed on millions of new budget Android devices.

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06/25/2019

Price vs. Cost: What the Stock Market Teaches Us about Data Breaches

The State of Security

Normally, when you hear about stocks dropping, it’s due to some scandal or crisis.

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06/25/2019

A new form of fraud: Synthetic identity theft

NBC News 10

It's a new type of identity theft that's tough to catch because it might not show up on your credit report.

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06/25/2019

The Data Breach Case Against Facebook Is Moving Forward

PYMNTS.com

Facebook is still legally on the hook for a September data breach that affected 30 million of their customers.

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06/23/2019

As Facebook’s Libra Provokes A Slew of Questions, An Expert Struggles With the Coin’s ‘Justification’

Digital Transactions

Facebook Inc. is expected to release details this week, perhaps as early as Tuesday, on its Libra cryptocurrency initiative, but for now what’s known about the project has at least some experts shaking their heads.

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06/23/2019

Chip Cards Make Gains, but the U.S. Still Lags Most of the World in EMV Adoption

Digital Transactions

EMV chip card payments made substantial gains in the U.S. last year, but the nation still lags most other regions in EMV penetration, according to new figures from payment card standards body EMVCo.

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06/23/2019

Two women arrested for Felony Lane Gang identity thefts, bank fraud

WKOW.com

BROWN COUNTY (WBAY) — The Brown County Sheriff’s Office have two women in custody suspected of stealing more than $50,000 through identity theft and bank fraud.

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06/21/2019

Collections Firm Behind LabCorp, Quest Breaches Files for Bankruptcy

Krebs on Security

A medical billing firm responsible for a recent eight-month data breach that exposed the personal information on nearly 20 million Americans has filed for bankruptcy, citing “enormous expenses” from notifying affected consumers and the loss of its four largest customers.

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06/21/2019

Facebook to man barricades against Libra hackers

Financial Review

Facebook's proposed cryptocurrency Libra will present a juicy target for organised criminals, according to global cyber security experts, forcing the social network and its new partners to invest billions in defences to protect users' money and convince regulators the network can be trusted.

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06/21/2019

The Costs and Risks of Account Takeover

Security Boulevard

Account takeover (ATO) attacks result in billions of dollars of fraud and damage to brand reputation each year. These are the costs and risks associated with ATO.

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06/18/2019

Call 4 Action case prompts federal investigation into check fraud

TMJ4.com

The United States Postal Service is investigating a check fraud case after TODAY’S TMJ4 contacted the companies whose names were used in connection with the fraud.

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06/17/2019

Couple hauled off plane in Milwaukee face numerous charges involving identity theft

WISN 12 News

MILWAUKEE — As Transportation Security Administration officials prepare for what they predict will be the busiest summer travel season on record, a real-life crime spree quickly came to an end at Milwaukee’s General Mitchell International Airport.

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06/17/2019

Local bank warning of secret shopper scam sending people fake cashier's checks

Fox 4 New Kansas City MO

HOLDEN, Mo. -- A secret shopper scam is targeting thousands of customers across the country.

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06/17/2019

Hackers and Cyber-criminals Have Discovered a Goldmine in the Form of Gaming Industry

Digital Information World

There is no second opinion about the fact that the gaming industry is one of the most profitable industry so far.

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06/17/2019

7M Venmo Transactions Scraped To Warn Users

PYMNTS.com

A computer science student scraped seven million Venmo transactions to warn users that their public activity can still be stolen.

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06/12/2019

Instant fraud: Consumers see funds disappear in Zelle account scam

NBC News

Chrysanthi Rausch was taking a nap on her couch two months ago when she got a call from a number she didn't recognize.

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06/12/2019

U.S. Customs and Border Protection says photos of travelers were taken in a data breach

The Washington Post

U.S. Customs and Border Protection officials said Monday that photos of travelers had been compromised as part of a “malicious cyberattack,” raising concerns over how federal officials’ expanding surveillance efforts could imperil Americans’ privacy.

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06/12/2019

Lake City Reveals It Suffered a ‘Triple Threat’ Ransomware Attack

The State of Security

The City of Lake City has confirmed that a “Triple Threat” ransomware attack affected the functionality of several of its computer systems.

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06/12/2019

Use payment apps like Venmo, Zelle and CashApp? Here's how to protect yourself from scammers

NBC News

Peer-to-Peer (P2P) payment platforms — such as Zelle, Venmo, Apple Pay, Google Pay, Facebook Payments and Cash App — make it convenient to send someone money from your checking account. Unfortunately, scammers have now discovered them.

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06/09/2019

Cryptocurrency wallet GateHub hacked, nearly $10 million worth of Ripple (XRP) stolen

The State of Security

In a “preliminary statement” published on its blog on Thursday, cryptocurrency wallet service GateHub has warned that over 100 customers have had their ledger wallets hacked and funds stolen.

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06/06/2019

Automatic robocall blocking: Here's how cell phone carriers are responding to the FCC's ruling

FastCompany

The Federal Communications Commission ruled Thursday that phone companies can block robocalls to customers automatically, making such services opt out rather than opt in.

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06/06/2019

New Bank/Credit Card Scam

Fox Business News

New phone call scam, video from Fox Business News

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06/04/2019

Why AI is MIA in most FI Fraud Departments

PYMNTS.com

In the old days, forged checks were the biggest problems that bank fraud departments had to manage.

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06/04/2019

Quest Diagnostics says data on nearly 12M patients exposed by breach

C.net

Quest Diagnostics said 11.9 million of its patients may have been exposed in a data breach of computer systems at the American Medical Collection Agency, a billings collection firm the medical lab works with.

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06/04/2019

Quest Diagnostics says data on nearly 12M patients exposed by breach

C.net

Quest Diagnostics said 11.9 million of its patients may have been exposed in a data breach of computer systems at the American Medical Collection Agency, a billings collection firm the medical lab works with.

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06/04/2019

Australia National University Reveals Data Breach Involving 19 Years of Info

The State of Security

Australia National University (ANU) has disclosed a data breach that affected some information of its community members dating back 19 years.

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06/03/2019

8 residents of Los Angeles' San Fernando valley arrested in check-kiting scheme that allegedly defrauded banks out of nearly $1.5 million

U.S. Immigration and Customs Enforcement

LOS ANGELES – Federal authorities this morning arrested eight people named in a federal grand jury indictment that alleges check-kiting schemes that used hundreds of altered Armenian passports to fraudulently open bank accounts and steal nearly $1.5 million from Bank of America and Wells Fargo.

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06/03/2019

Sale Barn Owners in Kansas Indicted in Multi-Million Dollar Fraud

Drovers

The owners of a sale barn in Kansas have been charged with carrying out a check kiting scheme by federal authorities after the fraud resulted in banks losing millions of dollars.

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06/03/2019

It’s Time to Take Loyalty Fraud Seriously

The Wise Marketer

We report frequently on the subject of loyalty fraud for two main reasons. 1) Because maintaining the integrity of a loyalty program for the sake of your member’s confidence and security is just as important as doing so for bottom line integrity. 2) Because loyalty fraud keeps happening. A lot.

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05/31/2019

NY Investigates Exposure of 885 Million Mortgage Documents

Krebs on Security

New York regulators are investigating a weakness that exposed 885 million mortgage records at First American Financial Corp.

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05/30/2019

Canada Uses Civil Anti-Spam Law in Bid to Fine Malware Purveyors

Krebs on Security

Canadian government regulators are using the country’s powerful new anti-spam law to pursue hefty fines of up to a million dollars against Canadian citizens suspected of helping to spread malicious software.

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05/30/2019

Should Failing Phish Tests Be a Fireable Offense?

Krebs on Security

Would your average Internet user be any more vigilant against phishing scams if he or she faced the real possibility of losing their job after falling for one too many of these emails?

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05/30/2019

Checkers Says Data Breach Affected 100+ Locations

The State of Security

Checkers Drive-In Restaurants, Inc. revealed that a data breach possibly affected customers at more than 100 of its Checkers and Rally’s locations.

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05/28/2019

Fake Romeo arrested for allegedly scamming thousands from dozens of women in 8 states

ABC News

Los Angeles police are looking for more victims of a Lothario who will do more than just steal your heart.

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05/28/2019

First American Financial Admits To Consumer Data Breach

PYMNTS.com

First American Financial, the real estate title insurance company, may have provided unauthorized access to the financial information of its customers.

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05/23/2019

Legal Threats Make Powerful Phishing Lures

Krebs on Security

Some of the most convincing email phishing and malware attacks come disguised as nastygrams from a law firm.

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05/19/2019

More Than 1.5 Million Malicious And Spam Emails Were Sent From Thousands Of Compromised Office 365 Accounts: Barracuda Networks

Express Computer

Barracuda researchers have revealed a startling rise in account takeover, one of the fastest growing email security threats

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05/19/2019

Paper checks aren’t as safe as you think; electronic payments urged by FTC

Cleveland Paper

CLEVELAND, Ohio -- Most people know that allowing a thief to get credit card or debit card numbers could lead to fraud.

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05/17/2019

Do DDoS attacks originate from Cloud Service Providers?

Security Boulevard

In a word, yes.

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05/17/2019

Forbes subscribers warned of Magecart threat skimming credit card details

The State of Security

The notorious Magecart malware, that blights online stores by stealing payment card details from unsuspecting shoppers at checkout, has claimed another high profile victim.

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05/14/2019

Imposter scams top the list of 2018 consumer fraud complaints

Property Casualty 360

For the first time, the Federal Trade Commission’s (FTC’s) Consumer Sentinel Network Data Book, 2018 has identified imposter scams as the top consumer fraud complaint received in 2018.

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05/14/2019

Nine Charged in Alleged SIM Swapping Ring

Krebs on Security

Eight Americans and an Irishman have been charged with wire fraud this week for allegedly hijacking mobile phones through SIM-swapping, a form of fraud in which scammers bribe or trick employees at mobile phone stores into seizing control of the target’s phone number and diverting all texts and phone calls to the attacker’s mobile device.

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05/14/2019

Bad Actors Using MitM Attacks against ASUS to Distribute Plead Backdoor

The State of Security

Researchers believe bad actors are using man-in-the-middle (MitM) attacks against ASUS software to distribute the Plead backdoor.

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05/13/2019

Amazon Merchants Affected By Cyberattack

PYMNTS.com

Amazon was the target of an “extensive” cyberattack in which hackers stole money from merchant accounts and funneled them into their own, according to a report by Bloomberg.

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05/13/2019

A Changing Threat Landscape: Inside Verizon’s 2019 DBIR

The State of Security

Verizon Enterprise has once again released its annual Data Breach Investigations Report (DBIR).

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05/13/2019

RobbinHood ransomware attack brings down parts of City of Baltimore’s computer network

The State of Security

For the second time in a year, Baltimore city government computers have been infected by ransomware. Malicious hackers are demanding that a ransom is paid for the safe recovery of encrypted files on affected computers and servers.

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05/13/2019

L&M Supply acknowledges online data breach

The Timberjay

REGIONAL—The growing issue of online security hit the North Country (MN) this week as Grand Rapids-based L&M Supply acknowledged an unauthorized breach of credit and debit card information from the company’s online store.

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05/13/2019

New record high: 82% of companies recently hit by payment fraud

CFO Daily News

Today, your finance team must do more than ever before to ensure that company money stays where it belongs.

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05/13/2019

7 of the worst scams people fall for when renting an apartment

Stamford Advocate

Scams are a huge problem for apartment hunters, and online listings have only made the problem worse

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05/08/2019

Catch Me If You Can: Fighting Fraud With Blockchain

Cointelegraph.com

Fraud impacts organizations of all types and sizes across a wide range of industries and geographies.

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05/08/2019

Five fraudulent schemes used against small businesses... and how to detect them

Kens5 - BBB

The Better Business Bureau will be offering resources to the business community throughout National Small Business Week, an event that recognizes the important contributions made by American entrepreneurs and their small businesses.

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05/06/2019

Avoid Crowdfunding scams

FTC

Crowdfunding is one way to support a project you believe in and get rewards for that support.

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05/06/2019

Experts Warn of Office 365 Account Takeover Surge

Info Securityy

Over 1.5 million malicious and spam emails were sent from thousands of compromised Office 365 accounts in just one month thanks to a surge in account takeovers (ATOs), according to Barracuda Networks.

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05/06/2019

Fraudsters Targeting Consumers with One-Ring Phone Scams

The State of Security

Fraudsters are targeting consumers with one-ring phone scams that exploit people’s curiosity so as to trick them into paying exorbitant fees.

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05/06/2019

Consumer Sentinel Network Data Book 2018

FTC

The FTC takes in reports from consumers about problems they experience in the marketplace.

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05/03/2019

Inside the Government Cybersecurity Landscape: Federal vs. State Level Challenges

The State of Security

Few would dispute the idea that an effective cybersecurity profile requires candid assessments of potential vulnerabilities. Here’s a closer look at the challenges facing the federal cybersecurity mission and the efforts of state-level agencies.

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05/03/2019

Mitigating Risks in Cloud Migration

The State of Security

Companies are moving to incorporate the cloud into their computing infrastructure at a phenomenal rate. This is, without question, a very positive move.

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05/03/2019

Data: E-Retail Hacks More Lucrative Than Ever

Krebs on Security

For many years and until quite recently, credit card data stolen from online merchants has been worth far less in the cybercrime underground than cards pilfered from hacked brick-and-mortar stores.

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05/03/2019

Worried About Payroll Fraud? Nine Ways Small Businesses Can Mitigate The Risk

Forbes

Payroll fraud is a common issue with severe consequences. Whether an employee asks for a pay advance that is never repaid, punches in for a fellow worker who takes the day off or diverts the paychecks of an absent or former employee, there are plenty of ways dishonest staff can conspire to get extra money out of your business.

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05/01/2019

How Email Bombing Uses Spam to Hide an Attack

How-To Geek

If you suddenly start receiving an endless stream of junk email, perhaps asking for confirmation of a subscription, you’re the victim of email bombing. The perpetrator is probably trying to hide their real goal, so here’s what to do.

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05/01/2019

Unprotected Database Exposed Details of Over 80 Million U.S. Households

The State of Security

Security researchers found an unprotected database stored on the cloud that contained detailed information of over 80 million U.S. households.

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05/01/2019

Disruptions from cyber attacks increasing, taking longer to fix

information Management

Cyber attack disruptions are increasing, and it’s taking organizations longer to fix the underlying issues, according to a new report from global consulting firm Protiviti and the Shared Assessments Program, a member-driven organization of risk assurance providers. Among the areas they need to focus on: vendor risk management (VRM) practices and programs.

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05/01/2019

$9.8M Settlement to Eddie Bauer Data Breach Filed in Federal Court

The State of Security

A Washington federal court has received a $9.8 million settlement that would resolve a data breach class-action lawsuit filed against Eddie Bauer.

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04/29/2019

COMMENTARY: How Mobile-App Testing Can Stop Three Common Types of E-Commerce Fraud

Digital Transactions

In the race to attract and retain today’s always-on, mobile-savvy consumer, most companies are developing their own e-commerce apps at a fast and furious pace.

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04/26/2019

Will Consumers Bank With Their Telcos?

PYMNTS.com

Last week, wireless carrier T-Mobile announced it would throw its hat into the mobile banking arena with the national rollout of T-Mobile MONEY.

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04/26/2019

The Chipotle Hack And The Troubling Trend Of Credential Stuffing

PYMNTS.com

The news out of Chipotle feels a bit like déjà vu, as it’s a story we’ve all heard before.

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04/26/2019

A Beginner’s Guide to PCI Compliance

The State of Security

PCI DSS, or the Payment Card Industry Data Security Standard, is the set of requirements for organizations who process card payments. Sounds simple enough, right?

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04/26/2019

What AI Can (and Can’t) Do Right Now to Fight CNP Fraud

CPO Magazine

AI is a powerful tool in the fight against online payment fraud. However, AI alone can’t provide all the functions merchants need to prevent fraud and avoid expensive, reputation-damaging false positives.

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04/25/2019

Planet Hollywood group POS breach sees 2m records on darkweb

The Cyber-Security Source

A point-of-sale data breach allegedly discovered a month ago and just now admitted, exposed two million credit cards belonging to diners of Earl Enterprises restaurants.

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04/25/2019

Scammers and your Notre Dame donations

FTC

Following last week’s devastating fire that destroyed much of the famous and historically important Cathedral of Notre Dame in Paris, fundraising efforts have begun.

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04/25/2019

COPPA: A few tips to keep your child safe online

FTC

Online games and websites for kids are everywhere these days – to the point where it’s commonplace to see toddlers playing with them, too.

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04/22/2019

‘123456’ Remains the World’s Most Breached Password

The State of Security

“123456” remains the most common password which digital criminals abuse to steal unsuspecting users’ sensitive information.

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04/22/2019

British cyber expert pleads guilty to creating malware

The Star Online

MILWAUKEE: A British cybersecurity researcher credited with stopping a worldwide computer virus has pleaded guilty to developing malware to steal banking information.

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04/22/2019

Who’s Behind the RevCode WebMonitor RAT?

Krebs on Security

The owner of a Swedish company behind a popular remote administration tool (RAT) implicated in thousands of malware attacks shares the same name as a Swedish man who pleaded guilty in 2015 to co-creating the Blackshades RAT, a similar product that was used to infect more than half a million computers with malware, KrebsOnSecurity has learned.

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04/19/2019

Wipro Intruders Targeted Other Major IT Firms

Krebs on Security

The crooks responsible for launching phishing campaigns that netted dozens of employees and more than 100 computer systems last month at Wipro, India’s third-largest IT outsourcing firm, also appear to have targeted a number of other competing providers, including Infosys and Cognizant, new evidence suggests. The clues so far suggest the work of a fairly experienced crime group that is focused on perpetrating gift card fraud.

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04/19/2019

Dark Web Fraudsters Defraud Each Other with Fraud Guides

Info Security

Cyber-criminals are doing a roaring trade in “how-to” fraud guides for their fellow scammers, although many are out-of-date and incomplete, according to new dark web research from Terbium Labs.

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04/19/2019

The Robots Aren’t Coming: They’re Already Here (and Ripping Off Banks)

Banking Exchange

Committing financial fraud used to be a precision exercise: find a target, take aim and fire a single shot.

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04/17/2019

SSA imposters top IRS in consumer loss reports

FTC

Have you gotten calls about supposed problems with your Social Security number from callers pretending they’re with the Social Security Administration (SSA)?

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04/17/2019

The lead-generation bait-and-switch

FTC

You’ve probably shared your contact information online to, say, get details about a job opening.

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04/17/2019

RobbinHood Ransomware Demands Grow $10K Per Day after Fourth Day

The State of Security

The ransom demands imposed by the new “RobbinHood” ransomware family increase $10,000 each day beginning on the fourth day following encryption.

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04/17/2019

Experts: Breach at IT Outsourcing Giant Wipro

Krebs on Security

Indian information technology (IT) outsourcing and consulting giant Wipro Ltd. [NYSE:WIT] is investigating reports that its own IT systems have been hacked and are being used to launch attacks against some of the company’s customers, multiple sources tell KrebsOnSecurity. Wipro has refused to respond to questions about the alleged incident.

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04/17/2019

Strong security defense starts with prioritizing, limiting data collection

information Management

Dow Jones, parent of The Wall Street Journal, is among the latest companies to expose highly sensitive data, including the identities of global government officials, politicians and political influencers, on the public cloud.

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04/17/2019

Navicent Health Discloses Data Breach as the Result of a Digital Attack

The State of Security

Navicent Health, a part of Central Georgia Health System, has disclosed that it suffered a data breach as the result of a digital attack.

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04/17/2019

Navicent Health Discloses Data Breach as the Result of a Digital Attack

The State of Security

Navicent Health, a part of Central Georgia Health System, has disclosed that it suffered a data breach as the result of a digital attack.

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04/17/2019

What to Do if Your Business Identity is Stolen

NAV

We hear a lot about data breaches and just about everyone has a story of having a credit card number stolen.

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04/14/2019

New Wire Fraud Scam Reroutes Direct Deposit Paychecks

PYMNTS.com

A new type of phishing scam targets the HR departments of companies and asks for reroutes on direct deposit accounts, CNBC reported. Once the changes are made, a paycheck will go directly into a criminal’s account.

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04/14/2019

Corporate Payments Fraud Jumps Despite Stronger Internal Controls

PYMNTS.com

While corporates are adopting stronger internal controls to combat the threat of payments fraud, new data from the Association for Financial Professionals (AFP) reveals the number of incidents has continued to climb to new heights

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04/14/2019

Visa To Lower Its Chargeback and Fraud Ratios for Merchants in October

Digital Transactions

Visa Inc. will lower its merchant dispute and fraud ratios in October. Merchants that exceed the revised ratios could be placed in monitoring programs meant to control risk.

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04/14/2019

The scams the IRS says you should be watching out for this tax season

WJLA

ARLINGTON, Va. (ABC7) — The IRS compiles a yearly "Dirty Dozen" list of tax scams that have been particularly popular that year. Here are 2019's:

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04/14/2019

THE NEW WAVE OF AUTOMATED CYBER ATTACKS

BBN Times

From big players to small and midsize businesses, every organization has faced the impact of cyber threats at some point. But, the new generation of automated cyber attacks will affect multiple businesses to an unimaginable extent.

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04/11/2019

Scammers Target ACH Transactions

CFO

"Fraudsters are now trying to use ACH transactions as vehicles for their scams as they move away from checks and wires," said the AFP.

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