Fraud news, analysis, research, how-to, opinion, and video.

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identity theft

Identity theft hit 7% of US population last year

A total of 17.6 million people were victims of identity theft in the United States in 2014, the majority of it aimed at credit cards and bank accounts, the Department of Justice said Sunday.

atm cash machine money

New malware program infects ATMs, dispenses cash on command

A new malware program called GreenDispenser infects automated teller machines (ATMs) and allows attackers to extract cash on command.

identity theft

Identity theft in the enterprise

Identity theft, historically considered a consumer threat, is expanding its horizons. Looking for bigger game, attackers are targeting the enterprise with similar tactics used to hijack online and financial accounts belonging to...

credit cards

EMV transition will still leave security gaps

This October, US merchants and payment providers are scheduled to switch to new, more secure, chip-based payments. But financial transactions aren't going to become safer overnight, since the majority of merchants are still not ready...

credit cards

Fraud rate doubles as cybercriminals create new accounts in users' name

To get more value out of stolen personal information, cyber criminals doubled their rate of account creation fraud this summer, according to a report report from Vancouver-based NuData Security

dead mannequin

DEF CON 23 – How to kill someone

The following talk by Chris Rock was one of the standout talks earlier this month in Las Vegas. The video is just over 30 minutes in length and worth watching, as it highlights a number of basic logic flaws in the death industry.

emv chip and pin

What you need to know about chip-embedded credit cards

The conversion process from older magnetic stripe cards to chip-embedded credit and debit cards has sped up in recent months because of an Oct. 1 deadline. That's the day when liability for credit card fraud will shift from banks to...

false identity

Ubiquiti Networks victim of $39 million social engineering attack

Ubiquiti Networks Inc in its SEC filings reveal they were the victim of a social engineering attack resulting in the loss of $39 million


Trust in the new world: The evolving role of the Chief Risk Officer

The role of the Chief Risk Officer has changed in recent years to one that now involves fostering trust between client and corporation. Tomer Barel, global chief risk officer with PayPal, outlines four key areas where the CRO can...

malware keyboard skull and crossbones

Newest RIG exploit kit driven by malicious advertising

Earlier this year, a disgruntled reseller leaked the source code for version 2.0 of the RIG exploit kit. Since then, the RIG's author has released a new version, which was recently discovered by researchers from Trustwave. The latest...

darkode seized page

Darkode cybercrime forum might be making a comeback

The former administrator of Darkode, the online cybercrime forum that was recently shut down by law enforcement agencies, is preparing to bring it back, with better security and privacy for its members.

jamie dimon

What can we learn from JPMorgan’s insider breaches?

Another former JPMorgan Chase & Co. (JPMC) employee was recently arrested by the FBI on charges of stealing customer data and trying to sell it. Similar incidents have occurred multiple times at JPMC over the past few years. Upon...

southwest airlines

Summer travel scam targets your points and miles

How sure are you that the airline miles and hotel rewards points you’ve been hoarding for years will be there when you go to redeem them?

apple watch pay

Mobile security: the coming battle of hardware versus software

According to security experts, there are several paths forward for mobile payments, each with its own security implications

smartphone laptop

Report: Scam phone calls up 30%

Phone fraud aimed at finance and retail companies rose by 30 percent last year, according to a new analysis of several million calls by Pindrop Security.

telephone operators 1952

'Your PC may be infected!' Inside the shady world of antivirus telemarketing

Tech support schemes have barely slowed despite legal action by the FTC

03 point of sale

Cybercriminals increasingly target point of sales systems

Trustwave highlights the difference in data-breach activity between North America and the rest of the world

hotel room

Flaw in common hotel router threatens guests’ devices

Corporate travelers should be warned that a vulnerable Wi-Fi router commonly used in hotels is easily compromised, putting guests passwords at risk and opening up their computers to malware infections and direct attacks.

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