Fraud

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

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Report: Most cybercriminals earn $1,000 to $3,000 a month

Most cybercriminals make between $1,000 and $3,000 a month, but 20 percent earn $20,000 a month or more, according to a recent report from Recorded Future

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10 top holiday phishing scams

It always happens this time of year, an influx of holiday-related scams circulating the interwebs. Scams don't wait for the holidays, but scammers do take advantage of the increased shopping and distraction when things get busy to...

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Security experts divided on ethics of Facebook's password purchases

Last week, Facebook CSO Alex Stamos told conference attendees in Lisbon that the company buys stolen passwords on the black market, and some security experts are questioning the ethics and benefits of this approach.

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Apple just removed hundreds of fake shopping apps from the App Store

Counterfeit apps masquerading as huge brands like Zappos and Nordstrom are sneaking into the iOS App Store.

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Fraud and privacy problems on the blockchain

Enemy at the Gates post explaining blockchain vulnerabilities that open opportunities for fraud and describing privacy problems introduced by potential fraud countermeasures.

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UK bank suspends online payments after fraud hits 20,000 accounts

The banking arm of U.K. supermarket chain Tesco has suspended online payments for its 136,000 checking account customers following a spate of fraud.

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7 ways to protect your ecommerce site from fraud, hacking and copycats

Ecommerce business owners and cybersecurity experts discuss how you can protect your online store, especially during the holiday season.

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EMV, fraud mitigation or migration?

It's been just over a year since the roll out, but how much fraud has EMV really prevented?

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Flash mobs the latest threat this holiday season

The holiday season rings in more than just higher sales for retailers. There's also more shoplifting and lower profit margins than the rest of the year, according to a report released today. Plus, this year, there's an extra surprise...

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Dyre banking Trojan successor rears its ugly head

Cybercriminals have unleashed a new banking Trojan onto the Internet and it bears striking similarities to Dyre, a malware threat believed to be dead for almost a year.

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Thousands of online shops compromised for credit card theft

Almost 6,000 online shops have been compromised by hackers who added specially crafted code that intercepts and steals payment card details.

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Five tips for protecting your brand on social media

This summer, online payment service giant Paypal learned that bad guys had set up a fake Paypal Support page on Twitter, and then monitored the real Paypal Support page for remarks from customers. The bad guys responded to those...

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Swift CEO reveals three more failed attacks on banking network

Banks stopped three new attempts to abuse the Swift financial transfer network this summer, its CEO Gottfried Leibbrandt said Monday, as he announced Swift's plan to impose tighter security controls on its customers.

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As migration anniversary approaches, only a third of retailers accept chip cards

Retailers were supposed to start accepting chip cards last October, but a year past the start of the EMV liability shift, two-thirds still haven't done so.

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Swift hopes daily reporting will help stem payment fraud

Swift is introducing a new reporting system to help banks identify fraudulent payments made over its financial transfer network -- but the reports will arrive up to a day too late to stop them all.

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Sophisticated malware possibly tied to recent ATM heists in Thailand

Security researchers have found a sophisticated malware program that may have been used recently by a gang of hackers to steal more than $350,000 from ATMs in Thailand.

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Voice technologies make waves in security

Advancements in voice technology could help law enforcement identify social engineers and other frauds and hoaxers

Fake attacks by insiders to fool companies

Famous cybercrime groups and hacktivists “brands” may be a smokescreen to cover sophisticated insider attacks.

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