Two percent of transactions in online banking and online retail were carried out by fraudsters, and 16 percent of transactions were suspicious and required further investigation according to new analysis by Kaspersky.
Based on anonymized statistics of events detected by Kaspersky's anti-fraud solution from January to December 2019, the most common case of fraud (63 percent) was attempts to access personal accounts using malware or legitimate remote control software.
Cybercrime can hit any business and the costs of an attack can prove crippling. In order to protect themselves companies need to adopt best practices, but where to start?
Cloud-based customer identity access management (CIAM) platform LoginRadius has created an infographic looking at the risk and what organizations can do to protect themselves.
Cybersecurity Essentials provides a comprehensive introduction to the field, with expert coverage of essential topics required for entry-level cybersecurity certifications. An effective defense consists of four distinct challenges: securing the infrastructure, securing devices, securing local networks, and securing the perimeter. Overcoming these challenges requires a detailed understanding of the concepts and practices within each realm.
This book covers each challenge individually for greater depth of information, with real-world scenarios that show what vulnerabilities look like in everyday computing scenarios. Each part concludes with a summary of key concepts, review questions, and hands-on exercises, allowing you to test your understanding while exercising your new critical skills.
The latest Global Security Report from Trustwave, based on analysis of more than a trillion logged events in 2019, reveals that corporate systems continue to be most targeted by cybercriminals, at 54 percent.
This is followed by e-commerce at 22 percent down five percent when compared to 2018. Cloud services have seen the biggest increase and are now the third most targeted environment accounting for 20 percent of investigated incidents up significantly from seven percent the previous year.
Researchers at security vendor Check Point have revealed the identity and activities of a hacker whose seven-year career in cybercrime has earned him at least $100,000, and probably much more.
He's single, 25-years-old and living in Benin City, Southern Nigeria. His cybercrime activities have earned him, on average, at least 14 times the national minimum wage in Nigeria and three times the average professional salary in Nigeria every year since 2013.
Whenever there's any kind of major news story that sparks public interest it's usually good for cyber criminals as they seek to exploit people's fears for their own gains.
The latest coronavirus (COVID-19) pandemic is no exception. The UK's National Cyber Security Centre has identified a number of attacks on a COVID-19 theme, these include bogus emails with links claiming to have important updates, which once clicked on lead to devices being infected.
Just in case you weren't worried enough by the coronavirus, a new survey of almost 500 security professionals released today by Venafi reveals that 88 percent of them believe the world is in a permanent state of cyber war.
In addition 90 percent are concerned that the most significant damage will be inflicted on digital infrastructure with the most vulnerable industries being those that are undergoing rapid digital transformation and are essential to daily life.
For all of today's sophisticated technology, sometimes there's no substitute for the human touch when it comes to getting the job done and it seems this applies to fraud as much as legitimate business.
Online fraud prevention specialist Arkose Labs has released its latest Fraud and Abuse Report, which shows that human-driven attacks are up 90 percent in the last quarter of 2019 compared to the previous six months.
Researchers at managed security services provider Nuspire have released their latest quarterly threat report which looks at the top botnet, malware and exploit activity throughout 2019, focusing in on the fourth quarter.
Among the findings are that malicious cyber-activity declined towards the end of the year, partly as a result of hectic holiday schedules and vacations with fewer employees around to interact with malicious activity.
Software-defined perimeters (SDP) use a combination of strong authentication, granular authorization and network segmentation to enable access from anywhere, creating a new kind of defense against a variety of cyberattacks. SDP is more secure than a firewall or a VPN and is more granular than a NAC. Compared to these alternative approaches, SDP offers improved security and operational simplicity for users and IT admins alike.
SDP employs multiple techniques in order to provide secure access. First, it leverages identity and access management (IAM) to authenticate every user that attempts to access a resource or application on the network. It then employs granular authorization to restrict the services that each user can access once logged in. Perhaps the most powerful aspect of the approach is its ability to provide "resource cloaking", ensuring that no DNS information or "visible" IP ports of protected resources are exposed to the Internet, which significantly reduces a network’s attack surface. This has the effect of creating a resilient defense against common attacks that hackers employ, such as the following:
The compromised information from credit card breaches often ends up on dark web marketplaces, leaving victims at risk for having their precious information sold in a transaction that's entirely out of their control.
But, people often are clueless about whether their breached data ended up on the dark web. Many assume it did and, hopefully, go through the recommended steps to stay safe from cyber identity theft.
Check Point Research has released its 2020 Cyber Security Report, looking at the key malware and cyber-attack trends during 2019.
Even though cryptomining declined during 2019, linked to cryptocurrencies' fall in value and the closure of the Coinhive operation in March, 38 percent of companies globally were impacted by crypto-miners in 2019, up from 37 percent the previous year. Crypto-miners remain a low-risk, high-reward activity for criminals.
Mass cyber attacks are now being outnumbered by targeted attacks, with 65 percent of the total in the third quarter of 2019 being targeted, compared to 59 percent in the previous quarter.
The latest threatscape report from Positive Technologies also shows data theft grew to 61 percent of all attacks on organizations and 64 percent of all attacks on individuals (compared to 58 and 55 percent respectively in the second quarter). The share of attacks with direct financial motivation was 31 percent.
A new report from attack surface management company RiskIQ shows attackers will leverage popular brands and unsafe consumer shopping habits in the run up to the peak holiday shopping period.
Of all apps that can be found by searching for terms related to holiday shopping, 951, or two percent, are blacklisted as malicious -- a 20 percent increase.
Organizations are being targeted by a mixture of simple, low effort and low-cost attacks along with more sophisticated, targeted campaigns, according to the latest quarterly Threat Intelligence Report from security and compliance specialist Mimecast.
Based on analysis of over 200 billion emails, the report looks at the four main categories of attack types discovered in the quarter: spam, impersonation, opportunistic, and targeted. This quarter's report finds that impersonation attacks are on this rise, accounting for 26 percent of total detections -- and now include voice phishing or 'vishing.'