VISTA InfoSec

OCTOBER 21, 2024

2) Hierarchical Deterministic (HD) Wallets HD wallets protect your coins by generating a new public address for each transaction. The added anonymity provided by such wallets can help prevent phishing and other humancentric attacks that could compromise your funds or personal data.

Cryptocurrency 130

Cryptocurrency Multifactor Authentication MFA Compromise 130

PYMNTS

SEPTEMBER 30, 2019

companies via the Business Email Compromise scam, reports in The East African said last week. Through Operation reWired, we are sending a clear message to the criminals who orchestrate these Business Email Compromise schemes that ‘I will keep coming after you, no matter where you are.’”.

Email Compromise 56

Email Compromise FBI Compromise Business Email Compromise 56

PYMNTS

JULY 30, 2018

A phishing scam making the rounds and targeting businesses is using the Square name to fool its targets. Last year, small business accounting company MYOB had its name used by phishing scammers who targeted small businesses. While there are several versions of the email, they all include the Square logo, according to reports.

Phishing 51

Phishing Scams Business Email Compromise Email Compromise 51

Fi911

JULY 8, 2024

This type of fraud can take various forms, including identity theft, chargeback fraud, and phishing attacks. Account Takeover Fraud Account takeover fraud involves cybercriminals gaining unauthorized access to a victim’s online account, often through the use of stolen login credentials or phishing schemes.

Account Takeovers 94

Account Takeovers Fraud Detection Phishing Fraud Prevention 94

VISTA InfoSec

JANUARY 29, 2024

The prevention, detection, and addressing of malicious software (malware) is ensured. 5.3 Users are protected against phishing attacks through anti-phishing mechanisms. Its intent is to compromise the confidentiality, integrity, or availability of the owner’s data, applications, or the operating system itself.

PCI DSS 130

PCI DSS Phishing Best Practices Procedures 130

FICO

FEBRUARY 16, 2023

For 2022, we saw a significant increase in compromised cards resulting from skimming activity. Total compromise cards were up 368% from 2021, with more than 161,000 impacted cards identified — nearly a 5x increase over 2021. Now that we have data from the entire year to review, we are seeing the alarming trend continue.

Compromise 98

Compromise Scams Debit Card Smishing 98

PYMNTS

JULY 24, 2020

In a post on its website, Instacart said its investigation concluded the San Francisco-based company was not compromised. It appears that third-party bad actors were able to use usernames and passwords that were compromised in previous data breaches of other websites and apps to login to some Instacart accounts,” Instacart wrote. “In

Accounts 75

Accounts Compromise Data Breach Phishing 75

Fintech News

MAY 27, 2024

In addition to data breaches, generative AI tools pose a distinct challenge to APAC fintechs, empowering fraudsters to craft sophisticated phishing lures and synthetic identities. This technology enables fraudsters to exploit vulnerabilities in fintech platforms, necessitating advanced fraud prevention strategies.

APACS 107

APACS Data Breach FinTech Fraud Prevention 107

PYMNTS

FEBRUARY 12, 2020

Phishing/vishing/smishing/pharming, non-payment/non-delivery, extortion and personal data breaches were among the favored attack patterns last year. As for the areas where scammers managed the biggest hits, business email compromise (BEC), confidence/romance fraud and spoofing were the top three types of crime in terms of monetary losses.

Business Email Compromise 101

Business Email Compromise FBI Email Compromise Scams 101

PYMNTS

JANUARY 3, 2021

The intruder or intruders did not, T-Mobile stated, have access to “names on the account, physical or email addresses, financial data, credit card information, social security numbers, tax ID, passwords, or PINs.”. “We T-Mobile previously suffered a data breach in March.

Law Enforcement 85

Law Enforcement Compromise Data Breach Phishing 85

VISTA InfoSec

FEBRUARY 13, 2024

These threats are widespread and can also lead to severe consequences, including financial loss, and the compromise of personal and sensitive data. Developers typically release updates to address any new threats they identify, which makes it crucial for organizations to apply these updates promptly.

Cybersecurity 130

Cybersecurity Audit Best Practices Mitigation 130

PYMNTS

APRIL 14, 2019

According to reports citing Microsoft, the company confirmed that a “limited” number of webmail users — including @msn.com and @hotmail.com — saw their accounts compromised by hackers. Hackers were able to gain entry by compromising a customer support agent’s credentials, Microsoft said in the letter.

Breach 68

Breach Accounts Credential Compromise 68

PYMNTS

JANUARY 20, 2017

In this week’s Hacker Tracker , Radware shares its global cybersecurity research on what’s really motivating cybercriminals, a Gmail phishing attack targets savvy users and the U.S.’s In many cases, experienced or tech savvy users can spot a phishing email scam from a mile away. Money On The (Cybercriminal) Brain.

Phishing 45

Phishing Ransomware EMV CHIPS 45

FICO

JUNE 21, 2021

Norway Sees Massive Rise from Phishing Attacks. The Norway attacks centre around large-scale phishing and smishing efforts , designed to introduce a scam which ultimately ends in fraudulent Card Not Present (CNP) transactions. Central to the solution is the collaboration it enables between the banks to address the challenge.

Smishing 52

Smishing Phishing Monetary Loss Compromise 52

Fintech Finance

NOVEMBER 6, 2024

Tighter Security: By offering biometric authentication, payment passkeys eliminate the risk of passwords being stolen or compromised, protecting shoppers from fraud and scams. More Sales: Merchants reduce cases of cart abandonment as they make customer transactions faster, easier and more reliable.

Visa 93

Visa APACS Transactions Authentication 93

CoinRemitter

MAY 20, 2024

billion worth of crypto was sent to illicit crypto wallet addresses. Common cryptocurrency wallet attacks Phishing: Phishing is a common way scammers trick people in both cryptocurrency and traditional systems. It’s safer to use separate burner addresses just for airdrops. Instead, consider cold storage.

Scams 40

Scams Cryptocurrency Security Phishing 40

PYMNTS

JULY 15, 2020

On Musk’s account, a tweet appeared asking for bitcoin, promising to double all payments sent to an address. A tweet from Apple (its first-ever tweet) and another from Bezos were similar to Musk’s, promising to double payments in bitcoin for anyone visiting an address posted.

Accounts 56

Accounts Scams Phishing Bitcoin 56

EBizCharge

OCTOBER 25, 2023

An incident is only considered a data breach if the confidentiality of data is compromised. Phishing attacks trick individuals into disclosing their login credentials or other sensitive information through deceptive emails or websites. Using this knowledge to create and update your procedures to address new threats is essential.

Best Practices 52

Best Practices Data Breach Breach Phishing 52

PYMNTS

JUNE 6, 2019

Security experts are warning about a phishing scam that can help hackers bypass two-factor authentication (2FA). If that’s not an option, Sethi recommended some guidelines that users can put into effect to protect themselves against 2FA phishing attacks.

Scams 58

Scams Credential Security Phishing 58

Seon

SEPTEMBER 28, 2023

Verizon Business estimates that 74% of data breaches are down to individuals being absent-minded or tricked by social engineering attacks such as phishing emails. SEON’s widget, shown here, allows you to enter an email address or phone number to reveal a person’s digital footprint. The answer is security awareness training.

Security 52

Security Phishing Best Practices Data Breach 52

PYMNTS

JANUARY 24, 2020

A successful phishing attack is among many businesses’ worst fears. Phishing attacks often take one of two forms, Heath explained. The other major type of phishing email tricks users into downloading an attachment that installs malware on their computers. Knowing Is Half The Battle.

Phishing 52

Phishing Credential Best Practices Data Breach 52

VISTA InfoSec

JUNE 21, 2023

Data breaches are affecting millions of people across the globe, with over 340 million records already compromised in 2023 headline cases and new incidents surfacing every week. You need to know if any data has been compromised and, if so, where it may have been shared. 5 - (2 votes)

Data Breach 130

Data Breach Breach Law Enforcement Cybersecurity 130

PYMNTS

MAY 19, 2020

The compromised server contained website and mobile site API logs, thereby exposing all production server information. The leaked information includes name, mother’s maiden name, date of birth, nationality, gender, username and nicknames, recent purchases, phone number, and email and home addresses.

Identity Theft 93

Identity Theft Payment APIs and Integration Payment-Related Information Phishing 93

Fintech News

JANUARY 17, 2024

Meanwhile, in a separate incident in Singapore, the cybersecurity landscape saw a significant surge in phishing attempts targeting local entities in 2022. Over 80 percent of these phishing campaigns mimicked banks or financial services, including institutions based in China, as well as local services like Singpass and SingPost.

Deepfake 115

Deepfake APACS Scams Authentication 115

The Fintech Times

MAY 15, 2024

In the last year alone, 50 per cent of businesses and 32 per cent of charities have reported cyber breaches or attacks, with phishing remaining the most common type of attack. This lack of transparency means it can be hard to identify and address potential biases or security risks.

Cybersecurity 71

Cybersecurity AI Government Governance 71

PYMNTS

SEPTEMBER 21, 2019

In this context, the House Financial Services Committee’s Task Force on Artificial Intelligence met earlier this month to discuss the rising threat of small business cyberattacks, the role of technology in combatting it, and the potential for regulation to address security risks.

Data Breach 80

Data Breach Breach Small Business Business Email Compromise 80

The Fintech Times

JUNE 20, 2024

From ransomware attacks and phishing schemes, to account takeovers and distributed denial of service (DDoS) attacks, all these threats can result in serious operational disruptions and loss of customer trust, incurring costly remediation. However, data breaches constitute only one facet of the risks confronting firms.

Risk 58

Risk Cybersecurity Data Breach Ransomware 58

PYMNTS

SEPTEMBER 8, 2020

Ma Labs reportedly fell victim to a targeted attack by the operators of REvil ransomware, and the attackers now reportedly have data linked to Ma Labs' developers, employees and clients, including bank information and email addresses. million per targeted attack.

Business Email Compromise 69

Business Email Compromise Ransomware Payee Overlay Service 69

Stax

MARCH 4, 2024

Identifying and Mitigating Payment Security Threats Phishing scams, social engineering, bot attacks—these are just a few of the most pressing cybersecurity threats that can be so devastating they have real-time effects. It’s important to look under the hood regularly to ensure vulnerabilities can be discovered and addressed.

PCI DSS 88

PCI DSS Payment Security Security MFA 88

The Payments Association

OCTOBER 28, 2024

Whether through fake profiles, phishing emails, or fraudulent advertisements, criminals are finding new ways to manipulate people into sharing their financial details or authorising payments. While it offers immediate relief to victims, it doesn’t address the root cause : stopping fraud at the source.

Scams 88

Scams Push-to-Card Fraud Detection Online and Mobile Banking 88

PYMNTS

DECEMBER 7, 2020

Business email compromise (BEC) scams continue to ravage company coffers. According to CNBC reports , the email phishing scheme involves attackers impersonating one business executive at a China-based business that offers temperature-controlled supply chain solutions.

Business Email Compromise 91

Business Email Compromise Scams Crime Email Compromise 91

Seon

JUNE 27, 2024

As AI-driven progress continues to surge, questions arise about maintaining its progress over the long term without compromising security. AI’s capabilities, like machine learning algorithms, are being trained to identify and exploit vulnerabilities, automate phishing attacks and bypass traditional security measures.

Cybersecurity 52

Cybersecurity Fraud Detection Identity Theft Money Laundering 52

FICO

MAY 27, 2021

The attack is simple – an SMS or email comes out of the blue from an unknown number or address, notifying the target that they have missed a delivery and that it will need to be re-arranged. This includes phishing of personal and account-level information as well as compromising the PAN / CVV for use in a fast-following fraud attack.

Scams 98

Scams Law Enforcement Compromise Fraud Prevention 98

PYMNTS

DECEMBER 19, 2019

Robust processes and dual controls within the FI, along with consumer education – especially as phishing attacks become more sophisticated and can spoof CU sites with uncanny accuracy – can keep fraudsters out of the ecosystem. We are able to put strategies in place right now, before the attack becomes a broad compromise,” Lynch said.

Credit Union 53

Credit Union Compromise Credential Bots 53

PYMNTS

NOVEMBER 21, 2018

. “We’re contacting you to let you know that our website inadvertently disclosed your email address due to a technical error,” Amazon wrote in its email to affected customers. “The issue has been fixed. An Amazon spokesperson declined to answer questions about how many users may have been affected.

Phishing 55

Phishing CHIPS NOV Compromise 55

PYMNTS

FEBRUARY 19, 2019

Banks, financial institutions (FIs) and other members of the financial world are, thus, dealing with a rising flood of identity theft and application fraud, as bad actors look to capitalize on the email addresses, Social Security numbers, credit details and other information they have on hand. Around the Digital Fraud World.

Identity Theft 63

Identity Theft Data Breach Breach Verification 63

PYMNTS

SEPTEMBER 17, 2018

Per Nathan Shields, special agent with the FBI , the details of the conspiracy and the hack(s) come from multiple sources, spanning activities such as analyzing compromised victim systems and executing approximately 100 search warrants across 1,000 email and social media accounts. The Methods. The Bangladesh Bank Hack.

SWIFT 75

SWIFT Phishing Ransomware Central Bank 75