eCommerce credit card fraud is nearly an inevitability

Riskified surveyed 5,000 US-based consumers aged 18 and older about their online shopping behaviors, experience with and prevalence of credit card fraud, repeat shopping likelihood and customer satisfaction to develop a full picture of how consumers react to a number of common shopping experiences. The results are worrisome for both consumers and merchants, as roughly…

Retail Security Hygiene: The Case for Seasonal Checkups

The winter holidays offer big potential for retailers, with some companies earning around 30 percent of their annual revenue during the season, according to the National Retail Federation. Big sales numbers, however, also drive increased risks of fraud and theft, and businesses are now spending on extra security measures to keep physical stores safe. But…

Cryptocurrency mining malware increases 86%

McAfee released its McAfee Labs Threats Report September 2018, examining the growth and trends of new cyber threats in Q2 2018. In the second quarter, they saw the surge in cryptomining malware growth that began in Q4 2017 continue through the first half of 2018. McAfee also saw the continued adaptation of the type of…

A law enforcement view of emerging cybercrime threats

Cybercriminals are adopting creative new techniques to target their victims at an unprecedented pace and are constantly seeking methods to avoid law enforcement detection. To stay ahead of them, law enforcement should target cybercriminals offering “off-the-shelf” cyber-attack services or products to make it more difficult for low-level cybercriminals to carry out high-level attacks. Europol’s fifth…

6.4 billion fake emails sent every day

The Valimail Q2 2018 Email Fraud Landscape shows that fake email continues to be a serious problem, with an estimated 6.4 billion fake emails sent every day. That total includes only exact-domain sender spoofing, in which senders put a fake email address in the From: field of their messages. This is one of the most…

What Are the Seven Biggest Social Media Scams of 2018?

The massive rise in popularity of social platforms has led to a huge upswing in social media scams — putting a growing pool of users at risk. Facebook had 2.23 billion monthly active users as of the second quarter of 2018, while photo-sharing site Instagram hit 1 billion monthly active users by June 2018, according…

Thousands of Organizations Expose Sensitive Data via Google Groups

Google has issued a warning to G Suite users after researchers discovered that thousands of organizations expose sensitive information through misconfigured Google Groups instances. The Google Groups service allows users to create mailing lists, host internal discussions, and process support tickets. These types of communications can include highly sensitive information, which is why it’s important…

5 cybersecurity questions retailers must ask to protect their businesses

The Target breach in 2013 may not be the biggest retail breach in history, but for many retailers, it was their watershed moment. Point-of-sale (PoS) terminals were compromised for more than two weeks. 40 million card details and 70 million records of personal information swiped—part of which was “backlist,” historical transaction information dating back to more or less a…