Meta's popular social media platforms are increasingly being targeted by cybercriminals, and account takeover complaints rose over 1,000% last year. This social threat is spilling over into banks and government agencies, and experts criticize Meta for moving too slowly to address security issues.
Expel has released its latest quarterly threat report, which looks at continued identity-based attacks and the impact of MFA fatigue. Jon Hencinski shares insights on attack trends, gaps in compensating controls and what to look for in pre-ransomware activity.
Cloud email security: It involves new strategies and tools to defend against a new wave of attacks. Arun Singh of Abnormal Security discusses the latest flavor of email attacks and the new Knowledge Bases created to help enterprises increase their education and defensive capabilities.
The losses from phishing and other forms of sophisticated email fraud in 2021 alone totaled over $44 million, and the volume of phishing and email spoofing attacks doubled in 2021. Many malicious data breaches are caused by stolen credentials rather than the installation of malware. In fact, IBM found that in 2021,...
Social engineering scams are on the rise globally. Last year, these scams increased 57% with an average lost of $1,029 USD per victim. Aside from the inability of legacy fraud controls to detect real-time social engineering, the circumstances of a scam can influence liability if the parties involved are unable to...
The email attack vector. It may not earn much discussion, but the adversaries take full advantage of it with phishing, BEC and now email platform attacks. Mike Britton, CISO of Abnormal Security, talks about the latest threat trends and how to detect and defend against them.
What really makes a “strong” password? And why are you and your end-users continually tortured by them? How do hackers crack your passwords with ease? And what can/should you do to improve your organization’s authentication methods?
Password complexity, length, and rotation requirements are the bane of IT...
Banks are getting better at catching a wide range of scams targeted at customer accounts, but they are still struggling with stopping authorized payment fraud through peer-to-peer payment companies such as Zelle, says David Pollino, former divisional CISO with PNC Bank.
The arrest of a Ukrainian national long wanted on cybercrime charges in the U.S. shows that with much patience, law enforcement can nab suspects. A key member of the JabberZeus gang, which stole tens of millions of dollars, was arrested in Geneva.
Join us for an informative webinar session as we dive into the hard truth of phishing attacks. Phishing has evolved to be more precise and deceptive than ever before, with the influx of mobile devices, screen sizes and many other sophisticated schemes tricking users into divulging information that can compromise...
Join us for an informative webinar session as we dive into the hard truth of phishing attacks. Phishing has evolved to be more precise and deceptive than ever before, with the influx of mobile devices, screen sizes and many other sophisticated schemes tricking users into divulging information that can compromise...
With fraudsters evolving their tactics and tricking a growing number of people with authorized payment scams, it's time for banks and security solution providers to explore new ways to protect consumers who are left holding the bag, says Ian Mitchell, managing partner at Omega FinCrime.
Compromised accounts may be the most dangerous email threat that organizations face. Once an account has been compromised, it can be used to execute additional attacks—providing threat actors a variety of opportunities to steal funds and sensitive information.
And because the messages are being sent from the...
The Abnormal Security team just launched a new threat intel site named Abnormal Intelligence. Crane Hassold shares resources available, including an attack library, semi-annual threat intel reports, a glossary and exclusive insights from the Abnormal team.
In this ebook with Information Security Media Group,...
Fraudsters are using tried-and-true tactics such as check washing as well as Zelle scams and a host of insider threats to scam banks and their customers. Frank McKenna, chief fraud strategist at Point Predictive and author, explains why fraud is on the rise and the steps banks can take to stop it.
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