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

credit cards

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New ad-fraud botnet targets major corporations, universities

A new botnet is specifically targeting large corporations, taking over user machines to generate high-value ad fraud, according to a new report from Pixalate.

drone sunset

Don't fall for drone registration scams, warns FAA

The Federal Aviation Administration hasn't revealed its plans for drone registration yet, but that hasn't stopped at least one company from trying to make a buck from confusion about the rules.

credit card fraud

How to recognize an online fraudster

The capability to profile potential cybercriminals, along with the implementation of chip-and-pin credit cards, may produce a reduction in the amount of money lost to online fraud each year. But that doesn’t mean the threat will go...

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Why we need behavior-centric detection and response

According to the Verizon 2015 Data Breach Investigations Report (DBIR), 60 percent of the time, attackers were able to compromise an organization within minutes. Meanwhile, in more than 75 percent of the cases, the average time to...


Advertising network takes on malvertisers

In the war between malvertisers and legitimate advertising networks, the bad guys seems to be winning. Attackers use real-time bidding platforms to place malicious ads on otherwise reputable sites, infect target users and disappear --...

emv chipandpin

Consumer Alert: Debit card fraud at Walmart discovered in 16 states

Consumers are being warned about an uptick in the number of fraudulent purchases being made at Walmart, which in some cases has resulted in their financial institution moving to deny debit card transactions unless a PIN is used. The...

walmart registers

Retailers who missed chip card deadline eye lawsuit

Retailers have complained of backlogs of six to nine months in getting credit-card companies to certify the new card terminals for use.

emv chip and pin

EMV sets the stage for a better payment future

Most merchants now have EMV credit card readers in place, yielding marginally improved security today -- and a platform for better payment systems arriving soon

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...

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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...

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