VISTA InfoSec

JUNE 19, 2024

Despite these benefits, video communication has security risks, including the following: Phishing Attacks These attacks often manifest as seemingly legitimate emails, messages, or links, leading unsuspecting users to fraudulent websites. Once you follow the link, you enter a fake login page that captures your information.

Risk 277

Risk Ransomware Phishing MFA 277

PYMNTS

JANUARY 27, 2020

Growing attack-related expenses force businesses to remain vigilant against emerging threats, including phishing and other types of fraud that their own employees may willingly or unwillingly perpetuate. The scheme originated from a number of phishing emails that targeted a handful of employees. Fighting the Phishers.

Phishing 99

Phishing Data Breach Breach Fraud Prevention 99

PYMNTS

JANUARY 23, 2020

Many of these data breaches are the result of phishing, which dupes victims into giving up login credentials or other sensitive information that is either used for account takeovers or sold on dark-web marketplaces. How DocuSign Ices Out Phishing Attacks. Deep Dive: Businesses Struggle With Employee Phishing.

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Phishing Data Breach Breach Scams 64

VISTA InfoSec

MAY 12, 2024

Many cyberattacks specifically target people through phishing and other kinds of social engineering. Implementing 2FA adds an extra layer of security to a POS system by requiring users to prove their credentials through other means such as one-time passwords on other devices or through biometrics.

PCI DSS 277

PCI DSS Security Compromise Best Practices 277

Fintech News

JUNE 10, 2024

The authorities urge organisations to adopt robust cybersecurity measures to protect against these attacks. Akira affiliates gain initial access by exploiting vulnerabilities, brute-forcing services like Remote Desktop Protocol (RDP), social engineering, and using compromised credentials.

Ransomware 82

Ransomware Authorization Phishing Cybersecurity 82

PYMNTS

AUGUST 28, 2018

Phishing scams remain one of the most popular ways a cyberattacker can target a small business. But the phishing scam is also evolving to target the C-suite itself. Employees should be trained to identify phishing scams, but the whaling tactic highlights the need for businesses to train their leadership teams, too.

Phishing 40

Phishing Scams Small Business Cybersecurity 40

VISTA InfoSec

NOVEMBER 7, 2023

What is Cybersecurity? Put simply, cybersecurity is any security system that protects our digital assets. Man-in-the-Middle attacks : Attackers secretly intercept and relay communication between two parties, potentially capturing login credentials. System verification : The system checks the entered credentials.

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Authentication MFA Cybersecurity Credential 130

PYMNTS

APRIL 24, 2020

The phishing expedition, as explained by AbnormalSecurity.com , requests the recipient’s signature for PPP documents. Clicking on the link directs users to a page that looks like the authentic Microsoft Office 365 login web page and tries to pilfer the recipient’s corporate credentials.

Phishing 63

Phishing Scams IRS Law Enforcement 63

PYMNTS

DECEMBER 22, 2016

Corporates large and small are “naïve” about their cybersecurity risks, according to a new report. That’s despite 80 percent of CEOs expressing confidence in existing cybersecurity strategies. companies’ cybersecurity measures.

Cybersecurity 68

Cybersecurity Research Phishing Breach 68

PYMNTS

MARCH 3, 2017

Especially when it comes to phishing schemes, which typically don’t take as much effort but can result in huge payouts. PYMNTS: How have phishing schemes evolved in recent years? PYMNTS: Can you discuss the biggest trends observed in financial phishing, banking malware and Android banking malware?

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Phishing Online and Mobile Banking Credential Security 66

PYMNTS

SEPTEMBER 30, 2019

Visner of the National Cybersecurity Federally Funded Research and Development Center (FFRDC) — managed by nonprofit MITRE , in support of the NIST National Cybersecurity Center of Excellence — told Karen Webster that cybersecurity threats to institutions and enterprises exist at several levels. Unseen and possibly unknown.

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Cybersecurity Credential Encryption Phishing 65

PYMNTS

JULY 24, 2020

Outside of the Instacart platform, attackers may target individuals using phishing or credential stuffing techniques. ” But on the contrary, Nick Espinosa , head of cybersecurity firm Security Fanatics , said the data looked “recent and totally legit,” Buzzfeed News reported.

Data Breach 86

Data Breach Breach Phishing Duplicate 86

EBizCharge

OCTOBER 25, 2023

Phishing attacks trick individuals into disclosing their login credentials or other sensitive information through deceptive emails or websites. Social engineering Social engineering can occur when attackers gain access to a system or network by convincing users to provide credentials.

Best Practices 52

Best Practices Data Breach Breach Phishing 52

Seon

JANUARY 29, 2024

In layman’s terms, users may refer to account takeover fraud as account hacking – when they realize someone stole their online credentials. This could be accidental, or more sophisticated, for example following a mass phishing email campaign. What Is Account Takeover Fraud? There are many paths to successful ATO fraud.

Account Takeovers 52

Account Takeovers Accounts Fraud Prevention Fraud Detection 52

Fintech News

MARCH 25, 2024

It typically operates by infecting a user’s device through various means, such as phishing emails, fake apps, or compromised websites. However, behind the scenes, the malware captures the user’s login credentials, account information, and other sensitive data entered into the fake UI.

Mobile Banking 103

Mobile Banking Online and Mobile Banking Identity Theft Credential 103

PYMNTS

JULY 27, 2020

This week’s Data Digest looks at the latest in B2B payments fraud and the invoice’s role in supplier payment redirect scams, credential theft and more. 43 percent of employees admit to mistakes that have caused cybersecurity repercussions, a new study has found, according to OnRec reported. In a survey of 1,000 U.K.

Law Enforcement 101

Law Enforcement Scams Phishing B2B 101

Nanonets

NOVEMBER 14, 2023

The cybercriminal proceeds to infiltrate the company's email system through methods like phishing emails or email account spoofing, particularly targeting key employees. According to Gartner’s 2022 Gone Phishing Tournament Report , a concerning 44% of employees click on email phishing links.

Email Compromise 52

Email Compromise Business Email Compromise Compromise Phishing 52

PYMNTS

APRIL 4, 2019

The latest research in small business cybersecurity has revealed the relentless nature of the threat, with new strategies emerging and new strains of ransomware rearing their ugly heads. More recently, analysts at Vade Secure issued a warning over an emerging phishing strategy looking to steal corporate funds.

Ransomware 63

Ransomware Phishing Direct Deposit Business Email Compromise 63

Fintech News

JANUARY 17, 2024

Companies in the region report a 28 percent rise in cyber threats, highlighting the urgent need for robust cybersecurity measures. Meanwhile, in a separate incident in Singapore, the cybersecurity landscape saw a significant surge in phishing attempts targeting local entities in 2022.

Deepfake 112

Deepfake APACS Scams Authentication 112

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

MAY 17, 2017

If you’re one of the many, many companies recently targeted by WannaCry , you’ve just been handed a harsh reality check in the importance of enterprise cybersecurity. Maybe you had ignored previous warnings or felt cybersecurity technology was unnecessary. Or maybe you actually had cybersecurity measures in place that failed.

Cybersecurity 49

Cybersecurity AI Ransomware Phishing 49

The Fintech Times

SEPTEMBER 21, 2024

This process aims to make it more difficult for scammers to take over a customer’s DT by setting it up on his own device using phished credentials such as an SMS, one-time passwords (OTPs) and/or bank card information.

Verification 70

Verification Scams Financial Crimes Crime 70

The Fintech Times

AUGUST 13, 2024

Latin America also saw a staggering 617 per cent increase in phishing attacks in 2023, with cyber criminals using AI to craft more realistic and targeted phishing emails. Brazil and Mexico were the most affected, recording millions of phishing attempts aimed at stealing financial data and credentials.

AI 57

AI Fraud Detection Fraud Prevention Deepfake 57

PYMNTS

JULY 21, 2020

Compromised credit card fraud increased 212 percent year over year in 2019, while customer credential leaks increased 129 percent during the same period. Fraudsters are teaming up to rip off FIs, forming elaborate rings that work cooperatively on account takeovers and phishing attempts. billion in 2019, a 15 percent increase over 2018.

Crime 66

Crime Financial Crimes FBI Cybersecurity 66

PYMNTS

DECEMBER 3, 2020

An IBM cybersecurity team blew the whistle on Thursday (Dec. 3) on what it called in a blog post a sophisticated “global phishing campaign” that targeted organizations involved in a key part of the supply chain for the various COVID-19 vaccines under development. Apparently, there is no limit to how low some cyberspies will go.

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Phishing Credential Cybersecurity Posting 81

PYMNTS

JANUARY 25, 2021

They often hack into these consumers’ accounts using passwords stolen from other sites that use the same login credentials, for example. Banks were expected to boost their cybersecurity budgets by 15 percent in 2020 compared to previous years, spending an average of $3,000 per employee on such upgrades.

Credential 94

Credential Data Breach Phishing Cybersecurity 94

PYMNTS

NOVEMBER 22, 2019

The practice may have been halted there, at least, but it shines a bit of light on how black markets for (stolen) assets and credentials continue to proliferate around the world and target virtual verticals. Just relying on a username and password is no longer enough, Cavicchia said. The tools are there, but mindset matters.

Credential 70

Credential Cybersecurity Push-to-Card Financial Crimes 70

PYMNTS

NOVEMBER 14, 2019

Visa’s cybersecurity team, as Chief Information Security Officer Sunil Seshadri told Karen Webster, also logs as many as 8 billion security events every day — that’s billion with a “b.” The fraudsters gain access, because at some level, humans are vulnerable to phishing campaigns and other attacks. People make mistakes.

AI 84

AI Transactions Phishing Cybersecurity 84

PYMNTS

JANUARY 3, 2020

Cybersecurity and Infrastructure Security Agency (CISA), recently tweeted that people should be wary of these attacks and pay attention to how they work, especially when it comes to infrastructure. These efforts are often enabled through common tactics like spear-phishing, password spraying and credential stuffing.

Cybersecurity 53

Cybersecurity Phishing Credential Compromise 53

PYMNTS

MARCH 18, 2020

High-tech schemes like credential stuffing and account takeover (ATOs) have become commonplace, but many fraudsters still rely on a technique that requires comparatively little technical know-how. Other fraudsters may go directly after restaurant employees with phishing schemes, a popular method for gaining access to data.

Phishing 70

Phishing Smishing Fraud Prevention Point-of-Sale (POS) 70

PYMNTS

AUGUST 8, 2018

Warnings from the Federal Bureau of Investigation have enterprises worried about cybersecurity — specifically, concerns about ransomware attacks. Phishing emails — 93 percent of which include ransomware, according to ITProPortal — should by no means be ignored. Compare that to ransomware, which made up just 11 percent.

Ransomware 44

Ransomware Phishing Email Compromise Online and Mobile Banking 44

PYMNTS

JUNE 13, 2019

But recent cybersecurity and fraud incidents connected to Amazon could serve as warnings to the B2B commerce ecosystem: If Amazon can fall victim to a hack, anyone can. It’s only the latest cybersecurity headache for Amazon. Reports in Bloomberg , citing a U.K. Reports in Bloomberg , citing a U.K.

B2B 55

B2B Phishing Cybersecurity Data Breach 55

PYMNTS

AUGUST 23, 2018

Customers of National Australia Bank (NAB) and American Express became the targets of a recent phishing scam spree in Australia, according to MailGuard reports this week. The business cybersecurity company issued a notice on its blog on Tuesday (Aug. 21) that clients of NAB and American Express are the targets of a phishing scam.

Phishing 40

Phishing Scams Non-Bank Cybersecurity 40

PYMNTS

JULY 24, 2020

Instead, Instacart said hackers used credential stuffing, a practice in which usernames and passwords stolen from other sites are used to hack into other accounts. “It Outside of the Instacart platform, attackers may target individuals using phishing or credential stuffing techniques. Instacart , the U.S.

Accounts 75

Accounts Compromise Data Breach Phishing 75

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. MFA requires customers to prove their identities by providing at least two types of credentials. Fighting Phishing.

Authentication 60

Authentication MFA Phishing Scams 60

PYMNTS

JULY 19, 2020

Javvad Malik , security awareness advocate at KnowBe4, said the attack highlights the need for “a layered defensive strategy, in particular against credential stuffing, exploitation of unpatched systems, and phishing emails which are the main source of ransomware,” teiss reported.

Ransomware 60

Ransomware Phishing Encryption Data Breach 60

PYMNTS

MARCH 2, 2020

When hackers hit Pennsylvania-based fuel and convenience retailer Wawa, they made off with the credentials of potentially thousands of credit union members. The government is holding feet to the fire over cybersecurity, and credit unions are expected to have the same protections as any bank. CU in Court.

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Credit Union Credit Union Service Organization NCUA CCPA 52