VISTA InfoSec

OCTOBER 21, 2024

Common threats for SMEs include phishing, malware, insider threats, and social engineering. SMEs can protect themselves by enforcing strong password policies, using two-factor authentication, training employees, updating software regularly, and backing up data.

Security 130

Security Phishing Ransomware Risk Assessment 130

VISTA InfoSec

OCTOBER 21, 2024

Whichever cryptocurrencies you’re trading in, make sure to look for these security features in your next crypto wallet: 1) Multifactor Authentication (MFA) Multifactor authentication adds extra layers of security in addition to the typical username password. This can make it more difficult for hackers to trace transactions back to you.

Cryptocurrency 162

Cryptocurrency Multifactor Authentication MFA Compromise 162

VISTA InfoSec

OCTOBER 21, 2024

The most common threat that you might already be aware of is phishing scams. Through malicious software, usually gained by downloading something or opening a compromised link, you’ll be faced with data loss and/or further unauthorized access to your details. From there, they’ll require you to input confidential details.

Cybersecurity 221

Cybersecurity Encryption Scams Cryptocurrency 221

Nanonets

NOVEMBER 14, 2023

Business Email Compromise (BEC) is a cyber threat that exploits the vulnerabilities of email communication. Perpetrators impersonate trusted entities, such as executives or vendors, employing social engineering techniques to coerce employees into compromising actions. What is Business Email Compromise (BEC)?

Email Compromise 52

Email Compromise Business Email Compromise Compromise Phishing 52

VISTA InfoSec

JULY 29, 2024

Whichever cryptocurrenciesyouretrading in, make sure to look for these security features in yournextcrypto wallet: 1) Multifactor Authentication (MFA) Multifactor authentication adds extra layers of security in addition to the typical username password. Fortunately, most wallet developers take malicious actors seriously.

Cryptocurrency 130

Cryptocurrency Multifactor Authentication MFA Compromise 130

PYMNTS

OCTOBER 9, 2020

We have seen phishing attacks surge since the pandemic started,” Reichel said. Phishing scams continue to proliferate in the number of attacks and dollar value of losses.”. The quality of the branded phishing emails are what sets the latest coronavirus email attacks apart,” Reichel said. Spear Phishing.

B2B 116

B2B Phishing Scams Ransomware 116

VISTA InfoSec

AUGUST 8, 2023

Phishing Attacks Phishing attacks are usually deployed via emails and malicious websites. Make Strong Password Usage and Multi-Factor Authentication Necessary There has been a huge report of employee passwords being compromised or stolen due to missing devices and other factors.

Small Business 130

Small Business Encryption Ransomware Cybersecurity 130

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. CNP fraud occurs when criminals use stolen card details to make purchases online, by phone, or via mail order.

Scams 88

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

PYMNTS

JUNE 8, 2020

FIs may need to provide data to FinTech startups without dedicated cybersecurity teams, for example, which could then be more easily compromised by hackers who will steal sensitive bank customer data. Tightening Authentication. percent “less likely to be compromised.”. Fighting Phishing.

Authentication 60

Authentication MFA Phishing Scams 60

Innovative Payments Association

JANUARY 13, 2025

Common Payment Scams Targeting Seniors Phishing Emails and Texts: Scammers impersonate legitimate organizations, such as banks or payment apps, asking seniors to provide personal information or payment details. Use Strong Passwords: Secure online accounts with unique, complex passwords and enable multi-factor authentication whenever possible.

Scams 52

Scams Law Enforcement Payments FBI 52

Fintech News

JUNE 10, 2024

Akira affiliates gain initial access by exploiting vulnerabilities, brute-forcing services like Remote Desktop Protocol (RDP), social engineering, and using compromised credentials. Organisations are advised to enforce strong password policies and implement multi-factor authentication to prevent unauthorised access.

Ransomware 105

Ransomware Authorization Phishing Cybersecurity 105

VISTA InfoSec

DECEMBER 19, 2024

Know and Limit Access Prevent compromise of credentials Manage identities and segregate privileges 3.Detect Use multi-factor authentication (MFA) for SWIFT interfaces and applications. Focus on phishing awareness, secure usage of SWIFT systems, and compliance with CSP requirements.

SWIFT 173

SWIFT Cybersecurity PCI DSS Compliance 173

Fintech News

JANUARY 17, 2024

These measures encompass additional customer authentication, cross-border transfer limit reviews, session management controls, and establishing a bank-to-bank information-sharing platform to safeguard the financial sector from evolving threats. Developing advanced deepfake detection techniques is crucial to restoring online content trust.

Deepfake 122

Deepfake APACS Scams Authentication 122

Seon

JUNE 15, 2023

Business email compromise (BEC) attacks can be a major risk to businesses’ finances and reputations. Let’s look at what business email compromise attacks are and explore some of the many ways you can combat them. What Is a Business Email Compromise Attack? Reported losses in 2020 exceeded $4.2

Email Compromise 52

Email Compromise Compromise Business Email Compromise Risk 52

Fintech Finance

NOVEMBER 6, 2024

As payments become more intricate, Mastercard today announced the latest enhancement to its new Mastercard Payment Passkey Service which enables secure, on-device biometric authentication through facial scans or fingerprints, the same way consumers unlock their phones every day.

Visa 98

Visa APACS Transactions Authentication 98

Fintech Finance

OCTOBER 24, 2024

The rise of authentication bypass scams: Looking for a way to get around two-factor authentication, fraudsters are doubling down on one-time-password phishing scams, which allow criminals access to full account funds and information via increasingly convincing texts, emails or phone calls.

Scams 98

Scams Ransomware Governance Government 98

VISTA InfoSec

APRIL 3, 2024

Whether it’s falling prey to sophisticated phishing schemes or mishandling sensitive information, the actions of untrained or uninformed staff can compromise an entire organization’s security. Employees, often regarded as the weakest link in the security chain, can inadvertently become conduits for cyber attacks.

Cybersecurity 130

Cybersecurity Encryption Breach Phishing 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 Debit Card Scams Smishing 98

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

PYMNTS

JULY 22, 2019

Apps with a possible security flaw, a malware phishing scheme and possibly, payments fraud, all done in the blink of an eye? The phishing campaign targets consumers and also commercial users. The apps have, cumulatively over 1.5 billion users. As the site noted, no card issuer would send an email with such prompts.

Phishing 72

Phishing Credential Scams Payments 72

PYMNTS

MARCH 6, 2020

Oversight And Authentication. Social media networks’ APIs could collect users’ contact information for scammers’ targeted phishing campaigns, for example. Hackers may try to use brute force to beat authentication measures, automatically plugging different credentials into logins until they are granted access.

API 52

API Authentication Security Payment APIs and Integration 52

PYMNTS

JUNE 6, 2019

Security experts are warning about a phishing scam that can help hackers bypass two-factor authentication (2FA). Once Muraena authenticates the session’s cookie, it is passed to NecroBrowser, which can create windows to keep track of the private accounts of tens of thousands of victims.

Scams 58

Scams Credential Security Phishing 58

PYMNTS

SEPTEMBER 28, 2020

The Financial Crimes Enforcement Network (FinCEN) recently issued a warning that fraudsters are leveraging various illicit methods, including malware, phishing schemes, extortion and business email compromise (BEC) scams, all with a COVID-19 twist. Strong consumer authentication comes in several forms, and it’s time to pick one.

Financial Crimes 81

Financial Crimes Crime Due Diligence Federal Trade Commission 81

PYMNTS

JUNE 12, 2019

Compromised credentials are one of the most common causes of security breaches. The technology is FIDO2 compliant, which means that it’s a secure and accommodating standard that lets different devices using different operating systems talk to each other for authentication. “On

Authentication 49

Authentication Bots Phishing Credential 49

VISTA InfoSec

DECEMBER 19, 2024

Know and Limit Access Prevent compromise of credentials Manage identities and segregate privileges 3.Detect Use multi-factor authentication (MFA) for SWIFT interfaces and applications. Focus on phishing awareness, secure usage of SWIFT systems, and compliance with CSP requirements.

SWIFT 130

SWIFT Cybersecurity PCI DSS Compliance 130

VISTA InfoSec

SEPTEMBER 25, 2024

The most common threat that you might already be aware of is phishing scams. Through malicious software, usually gained by downloading something or opening a compromised link, youll be faced with data loss and/or further unauthorized access to your details. From there, theyll require you to input confidential details.

Cybersecurity 130

Cybersecurity Encryption Scams Cryptocurrency 130

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

PYMNTS

JULY 24, 2018

Google has claimed a success in its fight against employee phishing scams , telling reporters that none of its more than 85,000 employees have fallen victim to such a scam since the company deployed its Security Keys program. “Users might be asked to authenticate using their Security Key for many different apps/reasons. .

Phishing 40

Phishing Security Scams Email Compromise 40

The Fintech Times

DECEMBER 11, 2023

Leveraging AI Seth Blank, CTO, Valimail Seth Blank, chief technology officer at Valimail , a platform that uses automation to help companies establish the authenticity of emails, warns of rising cyber threat sophistication driven by AI, making it harder to distinguish genuine from fraudulent communications.

Cybersecurity 107

Cybersecurity Ransomware Authentication AI 107

PYMNTS

FEBRUARY 8, 2019

In another, phishing scams will fraudulently request an employee login to Uber or LinkedIn to steal those credentials. ” A hacker may target an executive in the finance department with a phishing scam, someone who they know is a controller, with a higher level of access to company bank accounts or other financial data.

Phishing 66

Phishing Payment APIs and Integration Credential MFA 66

Stax

MARCH 4, 2024

How do two-factor authentication and “3-D secure” protect payment information? Multi-factor authentication (MFA) adds additional layers of security by requiring additional verification during the transaction process. What is SSL/TLS? SSL/TLS is the acronym for Secure Sockets Layer and Transport Layer Security.

PCI DSS 88

PCI DSS Payment Security Security MFA 88

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.

Data Breach 130

Data Breach Breach Law Enforcement Cybersecurity 130

PYMNTS

JUNE 29, 2020

The most popular technique, credential abuse, involves fraudsters using compromised passwords and other login information to gain access to sensitive systems. Any data breach that exposes one of their accounts potentially compromises every account that shares the same password. There were 85.42

MFA 96

MFA Risk Security API 96

PYMNTS

MAY 24, 2017

According to recent research , 71 percent of breaches occur using passwords that were either weak enough to be cracked by bad actors or stolen from an usually unwitting human via a phishing scam. They will come in, do a fake phishing scam, a fake malware download, a fake password request and see how many people follow through with it.

Authentication 40

Authentication Credential Ransomware Phishing 40

PYMNTS

AUGUST 7, 2020

The research also noted a 40 percent increase compared to February in the number of blocked attempts to guide users to phishing websites for one of the most-visited gaming platforms. . Other bad actors rely on phishing, in which potential victims receive links that direct them to fake login pages and ask them to input their account details.

Phishing 89

Phishing Data Breach Account Takeovers Verification 89

FICO

MAY 27, 2021

This includes phishing of personal and account-level information as well as compromising the PAN / CVV for use in a fast-following fraud attack. Fake webpage for Royal Mail. Like many modern card and e-commerce frauds, the scam itself contains a range of attack vectors in a single place.

Scams 98

Scams Law Enforcement Compromise Fraud Prevention 98

PYMNTS

JANUARY 25, 2021

But internal threats, such as those that occur when employees’ credentials are compromised in phishing attacks, are just as imperiling and can bypass banks’ external defenses. Data breaches, botnet attacks and other forms of external threats are well-known to digital-first banks.

Credential 94

Credential Data Breach Phishing Cybersecurity 94