VISTA InfoSec

FEBRUARY 25, 2024

They take advantage of vulnerable software, stolen credentials, tricked employees, business partner access, unencrypted transfers, and even insider threats to penetrate networks. Skilled hackers use sophisticated tools to exploit the slightest weakness in defenses.

Data Breach 266

Data Breach Breach Multifactor Authentication Cybersecurity 266

PYMNTS

AUGUST 2, 2019

To combat fraud — especially phishing — united we stand? As noted in the latest Digital Fraud Tracker , phishing attacks are up 76 percent this year compared to last year. Verizon has estimated that 30 percent of phishing messages are opened by their intended targets.

Phishing 79

Phishing Scams IRS Request for Information 79

Fintech News

JULY 9, 2024

Announced by the Monetary Authority of Singapore (MAS) and the Association of Banks in Singapore (ABS), this move aims to better protect customers from phishing scams. Phishing scams were among the top five scam types last year, with at least S$14.2

Phishing 108

Phishing Scams Online and Mobile Banking Credential 108

Fintech News

OCTOBER 27, 2024

The Monetary Authority of Singapore (MAS) and the Infocomm Media Development Authority (IMDA) will implement the Shared Responsibility Framework (SRF) for phishing scams on 16 December 2024. Duties of FIs and PSPs FIs and PSPs must implement several anti-scam measures to prevent unauthorized access and detect phishing threats.

Phishing 126

Phishing Scams Blocks Authorization 126

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?

Phishing 66

Phishing Online and Mobile Banking Credential Security 66

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.

Phishing 64

Phishing Data Breach Breach Scams 64

The Fintech Times

FEBRUARY 9, 2024

In fact, it found that AI-enhanced phishing affected 91.1 of Organisations Impacted by AI-Enhanced Phishing Attacks, Acronis Reports appeared first on The Fintech Times. per cent of organisations across 15 key countries, and contributed to a 222 per cent surge in email attacks in 2023 as compared to the second half of 2022.

Phishing 72

Phishing AI MSPS Ransomware 72

The Fintech Times

JULY 10, 2024

This decision aims to fortify the defence against phishing scams, a persistent threat in the digital banking landscape. Despite their benefits in reducing unauthorised access, OTPs have become increasingly vulnerable to sophisticated phishing techniques, where scammers create fake websites to trick users into revealing their OTPs.

Phishing 59

Phishing Scams Authentication Financial Crimes 59

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

Fintech News

SEPTEMBER 22, 2024

Payment fraud, in which stolen payment credentials are used to make illegal transactions, rose by 9% YoY, signaling heightened financial risks for banks. This typically happens through phishing, credential stuffing, social engineering, or exploiting vulnerabilities in the platform’s security.

Accounts 142

Accounts Scams Bots Account Takeovers 142

The Fintech Times

DECEMBER 18, 2023

“A similarly damaging trend is account takeovers (ATOs) where a bad actor gains access and takes over an online account using stolen or hacked credentials. Take company-wide training to identify phishing attacks for example. This, and other methods, will no longer be an acceptable cornerstone of a modern cybersecurity strategy.

Cybersecurity 139

Cybersecurity Ransomware RDC Credential 139

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 scam also warns users that if they do not verify their credentials immediately they risk temporary suspension of their accounts.

Phishing 72

Phishing Credential Scams Payments 72

Fintech News

SEPTEMBER 17, 2024

Major retail banks in Singapore will progressively implement Singpass Face Verification (SFV) over the next three months in a concerted effort to bolster security against phishing scams. Customers without a Singpass account are advised to register and download the Singpass app beforehand.

Verification 107

Verification Scams Financial Crimes Phishing 107

Fintech News

AUGUST 19, 2024

The false screen pop up was a ruse to phish for the victim’s internet banking credentials and the abuse of the remote access software allowed scammers to remotely control the victim’s computer to make unauthorized banking transactions. The criminal proceeds generated by this tech-support scam were laundered through Hong Kong.

Scams 109

Scams Money Laundering Cross-Border Phishing 109

PYMNTS

MAY 2, 2016

According to security researchers from PhishLabs , Google Play has a bit of a phishing problem. “These attacks combine traditional, browser-based phishing attacks with the mobile platform in order to create convincing mobile applications,” according to security analyst Joshua Shilko, who works at PhishLabs.

Phishing 41

Phishing Credential Research End User 41

CoinRemitter

SEPTEMBER 22, 2023

What is a phishing attack? The cyber phishing attack is intended to trick individuals into submitting/giving up sensitive information (such as private keys, passwords, etc.). On the other hand, vishing (voice+phishing) consists of attacking individuals through voice calls.

Phishing 40

Phishing Smishing Credential Scams 40

PYMNTS

JULY 24, 2020

Outside of the Instacart platform, attackers may target individuals using phishing or credential stuffing techniques. “We take data protection and privacy very seriously.

Data Breach 86

Data Breach Breach Phishing Duplicate 86

The Paypers

JANUARY 15, 2019

(The Paypers) MalwareHunterTeam have discovered a new ransomware that not only encrypts users’ files, but also tries to steal their PayPal credentials with an included phishing page.

Ransomware 28

Ransomware Credential Phishing PayPal 28

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. Forty-seven percent of respondents said the reason they fell for a phishing scam was simply because they were distracted. In a survey of 1,000 U.K.

Law Enforcement 101

Law Enforcement Scams Phishing B2B 101

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

PYMNTS

JUNE 6, 2019

Security experts are warning about a phishing scam that can help hackers bypass two-factor authentication (2FA). It showed how the scam uses two new tools, Muraena and NecroBrowser, to potentially trick users into sharing their private credentials.

Scams 58

Scams Credential Security Phishing 58

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. Regular training sessions should be conducted to make employees aware of phishing and other social engineering tactics used by cybercriminals.

Ransomware 94

Ransomware Authorization Phishing Cybersecurity 94

PYMNTS

APRIL 14, 2019

In a statement to reporters, Microsoft said: “We addressed this scheme, which affected a limited subset of consumer accounts, by disabling the compromised credentials and blocking the perpetrators’ access.”. It also appears the bad guys didn’t access login credentials including passwords.

Breach 68

Breach Accounts Credential Compromise 68

Fintech Finance

NOVEMBER 6, 2024

Despite the popularity of passwords and OTPs, these traditional verification methods are increasingly vulnerable to online scams like phishing or being intercepted by fraudsters via screen mirroring.

Visa 98

Visa APACS Transactions Authentication 98

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

VISTA InfoSec

NOVEMBER 7, 2023

This reduction of the “single-factor” risk is critical in an era when cyber threats are growing daily, including: Phishing attacks : Cybercriminals trick users into revealing sensitive information, often by posing as trustworthy entities. System verification : The system checks the entered credentials.

Authentication 130

Authentication MFA Cybersecurity Credential 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

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

MAY 22, 2020

People are one click away from a malware download or credential phishing [website]. Almost 65 percent of incidents involve bad actors stealing login credentials to gain account access, and phishing schemes often trick credential owners into unwittingly surrendering their details.

Fraud Prevention 74

Fraud Prevention Financial Crimes Federal Trade Commission Crime 74

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 115

Mobile Banking Online and Mobile Banking Identity Theft Credential 115

PYMNTS

APRIL 4, 2019

More recently, analysts at Vade Secure issued a warning over an emerging phishing strategy looking to steal corporate funds. The new strategy is a good example of how cybercriminals are evolving, Vade noted: Previous iterations of the payroll scam required fraudsters to harvest login credential.

Ransomware 63

Ransomware Phishing Direct Deposit Business Email Compromise 63

PYMNTS

JANUARY 24, 2020

A successful phishing attack is among many businesses’ worst fears. Phishers targeting DocuSign are typically after users’ credentials, such as usernames, passwords and other identifying information, according to Heath. Phishing attacks often take one of two forms, Heath explained. Tracking Phishers’ Angles.

Phishing 52

Phishing Credential Best Practices Data Breach 52

PYMNTS

FEBRUARY 8, 2019

Plus, professionals will often use paper or spreadsheets to keep track of those login credentials. The reliance on passwords means those credentials become more of a security liability than protector, as cyberattackers attempt to infiltrate enterprise systems. most common) passwords and check them against millions of accounts.

Phishing 66

Phishing Payment APIs and Integration Credential MFA 66

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 123

Deepfake APACS Scams Authentication 123

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

JANUARY 25, 2021

They often hack into these consumers’ accounts using passwords stolen from other sites that use the same login credentials, for example. 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.

Credential 94

Credential Data Breach Phishing Cybersecurity 94

Fi911

JANUARY 18, 2024

They often accomplish this by obtaining the victim’s login credentials through phishing emails, malware, or other fraudulent means. New Account Fraud A new account is opened using fake or stolen credentials. Meanwhile, the debt it forced onto the person whose Social Security information was used to secure the loan.

Account Takeovers 93

Account Takeovers MFA Fraud Detection Credit Cards 93