Money is what always attracts cybercriminals. A significant share of scam, phishing and malware attacks is about money.
With trillions of dollars of digital payments made every year, it is no wonder that attackers target electronic wallets, online shopping accounts and other financial assets, inventing new techniques and reusing good old ones. Amid the current threat landscape, Kaspersky has conducted a comprehensive analysis of the financial risks, pinpointing key trends and providing recommendations to effectively mitigate risks and enhance security posture.
Read more…
Source: Kaspersky
Related:
- Interpol busts Black Axe global crime network, arrest over 300
August 28, 2024
The International Criminal Police Organisation (INTERPOL) Police units had in a coordinated action in 21 countries between April and July 2024 arrested over 300 people with links to Nigerian criminal group Black Axe and other affiliated groups. In a statement, Interpol said operation “Operation Jackal III” led to hundreds of arrests, the seizure of assets worth ...
- Laybuy collapsed after unreported cyber attack
August 26, 2024
A Klarna rival collapsed into bankruptcy after millions of pounds was stolen in a cyber attack. The collapse of Laybuy, a buy now, pay later (BNPL) start-up, followed a previously unreported hacking between December and February that left the business on the brink. Laybuy, which had more than 750,000 customers and was headquartered in New Zealand, filed ...
- Approach to mainframe penetration testing on z/OS
August 20, 2024
Information technology is developing at a rapid pace, with completely new areas emerging, such as DevOps and DevSecOps – and we’re striving to keep up. However, in some projects, you may encounter systems built on rather outdated principles. Such systems must be approached with care, since a single mistake can lead to data loss and ...
- BlindEagle flying high in Latin America
August 19, 2024
BlindEagle, also known as “APT-C-36”, is an APT actor recognized for employing straightforward yet impactful attack techniques and methodologies. The group is known for their persistent campaigns targeting entities and individuals in Colombia, Ecuador, Chile, Panama and other countries in Latin America. They have been targeting entities in multiple sectors, including governmental institutions, financial companies, energy ...
- Cash App to award $15M to users in security breach settlement
August 11, 2024
Cash App users could get some cash sent to their bank accounts soon. In a settlement, the mobile payment service was ordered to pay out $15 million in damages. According to a class-action lawsuit obtained by USA TODAY, plaintiffs sued Cash App Investing and Block Inc. for the companies’ “failure to exercise reasonable care in securing ...
- Zimbabwe: Disclosure of cyber attacks must be mandatory to protect clients
August 9, 2024
In the wake of the recent high-profile cyber attack on one of the country’s largest financial institutions, it has become clear that stronger regulations are needed to ensure financial firms disclose when their systems have been breached. The hack resulted in the theft and public leaking of sensitive customer and operational data, putting thousands of Zimbabweans ...