The Taxman Cometh for ID Theft Victims

The unprecedented volume of unemployment insurance fraud witnessed in 2020 hasnt abated, although news coverage of the issue has largely been pushed off the front pages by other events. But the ID theft problem is coming to the fore once again: Countless Americans will soon be receiving notices...

Utah Ponders Making Online ‘Catfishing’ a Crime

Legislature introduced in Utah means it could soon be illegal there to pretend to be someone else when engaging in certain types of deceptive activities on the internet, a practice known as “catfishing.” The Online Impersonation Prohibition up for debate this week in the Utah House of...

Top Cyber Attacks of 2020

With so much of the world transitioning to working, shopping, studying, and streaming online during the coronavirus pandemic, cybercriminals now have access to a larger base of potential victims than ever before. "Zoombomb" became the new photobomb—hackers would gain access to a private meeting o...

Online fraud at an all-time high amidst the global pandemic

Client-side attacks have become significantly more prominent in recent years, gaining popularity since 2015. As online activity rises due to the global pandemic, 2020 has been no exception, with the most susceptible target, e-commerce, becoming more lucrative than ever. The Client-Side Problem...

Investment Scammers Prey on Dating App Users, Interpol Warns

Cybercriminals are taking advantage of a surge in dating app users with a sophisticated fraud scheme, which convinces victims to join in on an investment opportunity – and ultimately drains their wallets. The social isolation of the COVID-19 pandemic is driving many to online interactions – notab...

New Charges Derail COVID Release for Hacker Who Aided ISIS

A hacker serving a 20-year sentence for stealing personal data on 1,300 U.S. military and government employees and giving it to an Islamic State hacker group in 2015 has been charged once again with fraud and identity theft. The new charges have derailed plans to deport him under compassionate...

Cyber Security advice for Finance staff

Working in the finance team at PTP I’m constantly reminded just how little attention is paid to hacking and cyber crime in accounting and finance training and education. When I was studying for my AAT qualification we did a whole module on finance fraud; our obligations, how to spot fraud, etc. b...

Russian Hacker Gets 12-Years Prison for Massive JP Morgan Chase Hack

A U.S. court on Thursday sentenced a 37-year-old Russian to 12 years in prison for perpetrating an international hacking campaign that resulted in the heist of a trove of personal information from several financial institutions, brokerage firms, financial news publishers, and other American...

Russian hacker jailed in US over $19M fraud, 100M users’ data theft

By Deeba Ahmed The 37-year-old hacker Andrei Tyurin was extradited to the US from Georgia in September 2018. This is a post from HackRead.com Read the original post: Russian hacker jailed in US over $19M fraud, 100M users data theft...

Prepare for more sophisticated security threats in 2021

As computing becomes more distributed to achieve greater optimization and efficiency, the threats posed by cyberattackers are destined to become increasingly more sophisticated. Here are some steps organizations should take in 2021 to mitigate such sophisticated security threats. Start with...

Ticketmaster To Pay $10 Million Fine For Hacking A Rival Company

Ticketmaster has agreed to pay a $10 million fine after being charged with illegally accessing computer systems of a competitor repeatedly between 2013 and 2015 in an attempt to "cut the company off at the knees." A subsidiary of Live Nation, the California-based ticket sales and distribution...

Inbox Attacks: The Miserable Year (2020) That Was

Purging your inbox has become a year-end tradition for many. A short hiatus for the holidays often provides a quiet moment to flush the previous year’s mountain of spam. And, from the looks of our 2020 inbox, years of herculean efforts to harden email defenses have fallen short. The most-targeted...

Third-Party APIs: How to Prevent Enumeration Attacks

When organizations use APIs – the next frontier in cybercrime – to engage with third parties, it’s crucial they understand the associated security exposure they’re introducing. To do so, they must think like a hacker to evaluate whether or not they are introducing a problem or a solution for thei...

Law Enforcement Seizes Joker's Stash — Stolen Credit Card Marketplace

The US Federal Bureau of Investigation FBI and Interpol have allegedly seized proxy servers used in connection with Blockchain-based domains belonging to Joker's Stash, a notorious fraud bazaar known for selling compromised payment card data in underground forums. The takedown happened last week ...

Holiday Puppy Swindle Has Consumers Howling

Puppy photos are undeniably irresistible but beware; researchers have uncovered a scheme selling fake German Shepherd puppies for Bitcoin, leaving buyers crushed and without a tiny fuzzy friend to cuddle on Christmas morning. The scam was discovered by an intrepid researcher at Anomali, who got...

A Massive Fraud Operation Stole Millions From Online Accounts

The crooks used emulators to mimic the phones of more than 16,000 customers whose mobile bank accounts had been compromised...

45 Million Medical Images Left Exposed Online

More than 45 million medical images—and the personally identifiable information PII and personal healthcare information PHI associated with them–have been left exposed online due to unsecured technology that’s typically used to store, send and receive medical data, new research has found. A team...

NCSC: Be Cyber Aware, especially during the Christmas season

In early December, the National Cyber Security Centre, a UK-based cybersecurity body and a part of GCHQ, kicked off the next chapter of its Cyber Aware campaign initiative, focusing on online shopping threats during the Christmas season. Cyber Aware is the UK government’s "national campaign on...

Get a head start on defending against tax scams

It may not be tax season in your part of the world right now but you’ll no doubt be pleased to know a prolific tax scammer is on their way to jail for 20 years. If you’re annoyed by tax scam missives, or had the misfortune to hand money over, this is probably satisfying news. Between 2013 and 201...

Europol Warns COVID-19 Vaccine Rollout Vulnerable to Fraud, Theft

With the promise of a widely available COVID-19 vaccine on the horizon, Europol, the European Union’s law-enforcement agency, has issued a warning about the rise of vaccine-related Dark Web activity. The agency joins a chorus of security professionals that have concerns about widespread attacks o...