Imperva Introduces New Features to Help Prevent Online Fraud

As we move more of our daily activities and the services we consume online, the threat of fraud grows, and the risks become greater. Data suggests the majority of organizations are already detecting a rise in online fraud. In a recent survey of senior risk executives, 67 percent said that their...

Gone Ape? How to Protect NFTs from Theft

What are NFTs? Non-fungible tokens NFTs are unique and irreplaceable digital assets that, by their nature, have an intrinsic value. These could be digital art, photography, GIFs, avatars, memes, 3D objects, domain names, trading cards, virtual land, music, or other digitally tradable tokens. Each...

How to Reduce the Risk of Buy Now, Pay Later Fraud

According to a recent FinTech trends report, 2022 is expected to be a big year for Buy Now, Pay Later BNPL. Apple’s recent announcement of its entry into BNPL with Apple Pay Later represents a seismic boom for a sector which is projected to top $1 trillion in annual gross merchandise volume by...

Adconion Execs Plead Guilty in Federal Anti-Spam Case

At the outset of their federal criminal trial for hijacking vast swaths of Internet addresses for use in large-scale email spam campaigns, three current or former executives at online advertising firm Adconion Direct now Amobee have pleaded guilty to lesser misdemeanor charges of fraud and...

WhatsApp spam offers up “B&Q Father’s Day Contest 2022”

Fathers Day in the UK June 19 is almost upon us, and scammers are taking advantage of it—and the fractional possibility of some nice weather—using a barbeque-themed lure. A mysterious WhatsApp message The barbeque bait arrives out of the blue, from a somebody who has your number, as a random...

Researchers Detail How Cyber Criminals Targeting Cryptocurrency Users

Cybercriminals are impersonating popular crypto platforms such as Binance, Celo, and Trust Wallet with spoofed emails and fake login pages in an attempt to steal login details and deceptively transfer virtual funds. "As cryptocurrency and non-fungible tokens NFTs become more mainstream, and captu...

Cisco IOS XE Software FXO Interface Destination Pattern Bypass (cisco-sa-fxo-pattern-bypass-jUXgygYv)

According to its self-reported version, Cisco IOS-XE Software is affected by a vulnerability. A vulnerability in the Voice Telephony Service Provider VTSP service of Cisco IOS Software and Cisco IOS XE Software could allow an unauthenticated, remote attacker to bypass configured destination...

Cisco IOS Software FXO Interface Destination Pattern Bypass (cisco-sa-fxo-pattern-bypass-jUXgygYv)

According to its self-reported version, Cisco IOS is affected by a vulnerability. A vulnerability in the Voice Telephony Service Provider VTSP service of Cisco IOS Software and Cisco IOS XE Software could allow an unauthenticated, remote attacker to bypass configured destination patterns and dial...

Five Ways Cyber Attackers Leverage Bad Bots to Commit Automated Fraud

The accelerated shift to digital payments has made online fraud more prevalent than ever, as losses from it are expected to exceed $206 billion over the next five years, driven by identity fraud, fake accounts, and payment fraud. Catalyzed by the pandemic, the shift gained substantial traction in...

Rotten apples banned from the App store

Apple’s App Review process may have received ill wishes from many benevolent developers, but Apple has now revealed how effective it is and why it is so stringent. According to its review of the year 2021, Apple protected customers from nearly $1.5 billion in potentially fraudulent transactions,...

FBI warns of scammers soliciting donations for Ukraine

The FBI recently issued an announcement about a fraudulent scheme that proves there is no low thats too low for scammers. "Criminal actors are taking advantage of the crisis in Ukraine by posing as Ukrainian entities needing humanitarian aid or developing fundraising efforts, including monetary a...

10 Most Prolific Banking Trojans Targeting Hundreds of Financial Apps with Over a Billion Users

10 of the most prolific mobile banking trojans have set their eyes on 639 financial applications that are available on the Google Play Store and have been cumulatively downloaded over 1.01 billion times. Some of the most targeted apps include Walmart-backed PhonePe, Binance, Cash App, Garanti BBV...

What Counts as “Good Faith Security Research?”

The U.S. Department of Justice DOJ recently revised its policy on charging violations of the Computer Fraud and Abuse Act CFAA, a 1986 law that remains the primary statute by which federal prosecutors pursue cybercrime cases. The new guidelines state that prosecutors should avoid charging securit...

WhatsApp accounts hijacked by call forwarding

In a short post on LinkedIn Rahul Sasi, founder and CEO of CloudSEK, explains how WhatsApp account takeovers are possible. The methods consists of several steps and it takes some social engineering skills, but it’s good to be aware of the possibility and how it works. It starts with the threat...

Latest Mobile Malware Report Suggests On-Device Fraud is on the Rise

An analysis of the mobile threat landscape in 2022 shows that Spain and Turkey are the most targeted countries for malware campaigns, even as a mix of new and existing banking trojans are increasingly targeting Android devices to conduct on-device fraud ODF. Other frequently targeted countries...

Interpol Nabs 3 Nigerian Scammers Behind Malware-based Attacks

Interpol on Monday announced the arrest of three suspected global scammers in Nigeria for using remote access trojans RATs such as Agent Tesla to facilitate malware-enabled cyber fraud. "The men are thought to have used the RAT to reroute financial transactions, stealing confidential online...

Double-whammy attack follows fake Covid alert with a bogus bank call

The BBC has revealed details of how a food bank in the UK was conned out of about $63,000 £50,000 by scammers who used two separate attacks to fleece their victims. A food bank is a way for people to ensure they dont starve. They are a backstop during times of economic uncertainty, and have been...

Bad Bots and the Commoditization of Online Fraud

Fraudsters will stop at nothing to exploit your websites and customers, and with the accelerated shift to digital payments, online fraud has never been more profitable. This shift, catalyzed by the pandemic, really gained traction in 2021 as the popularity of digital payments exploded. In fact,...

CVE-2021-26631

Improper input validation vulnerability in Mangboard commerce package could lead to occur for abnormal request. A remote attacker can exploit this vulnerability to manipulate the total order amount into a negative number and then pay for the order...

Evasive Bots Drive Online Fraud – 2022 Imperva Bad Bot Report

The 2022 Imperva Bad Bot Report is now available. The report is the ninth annual in-depth analysis of bot traffic, created with data collected from Impervas global network throughout the past year by the Imperva Threat Research Team. Bad bots are software applications that run automated tasks wit...