While consumers are aware of increased risks and scams via the internet, they still plan to do more shopping online – and earlier – this holiday season, McAfee reveals. Thirty-six percent of Americans note they are hitting the digital links to give gifts and cheer this year, despite 60% feeling that cyber scams become more…

The telecommunications, retail and financial services industries have been increasingly impacted by COVID-19 online fraud, according to TransUnion. From a consumer perspective, Millennials have been most targeted by fraudsters using COVID-19 scams. Overall, the percent of suspected fraudulent digital transactions rose 5% from March 11 to April 28 when compared to Jan. 1 to March…

It’s that time of year again. Everyone’s busy – at work and at home. That includes cybercriminals, too. In fact, the holiday season is when busy, distracted people tend to be especially vulnerable to phishing attacks. Just one click on a phishing link in a realistic-looking email or package shipment notice from even the savviest…

Emails coming from legitimate, compromised accounts are difficult to spot, both for existing email protection systems and the recipients themselves. Lateral phishing tactics Researchers from Barracuda, UC Berkeley and UC San Diego have studied 180 lateral phishing incidents and have identified the following patterns organizations and individuals should be aware of: One in 10 of…

Although exchanges, wallets and other cryptocurrency custody services are strengthening their defenses, attackers continue to innovate and outpace even the current state of the cybersecurity art, according to CipherTrace. Even Binance, the world’s number-one cryptocurrency exchange, lost tens of millions of crypto assets to a cyberattack perpetrated by sophisticated hackers using a lethal cocktail of…

Financial institutions are in a fully-fledged war against data breaches. And rightly so – the finance sector is a frequent target of ransomware, phishing, and other malicious attacks. Sensitive communications are particularly vulnerable, with thousands getting leaked every year. Yet at the same time, championing email security in the finance sector may seem like a…

Our cyber defenses are becoming stronger and stronger every year. Even the smallest companies can now deploy advanced anti-malware and intrusion detections tools that were, until recently, only within the reach of larger enterprises. Today, sandboxed behavior detection and machine-learning/artificial intelligence powered security services make it easy for organizations of any size to crack down…