Synthetic identity fraud and identity fraud in general were the costliest kinds of fraud that U.S. ecommerce merchants suffered during 2021, as the incidence and total cost of online fraud continues to rise. Authorities and analysts report growth in the number of criminals targeting children and teenagers online.
Cyber Security
Cyber criminals, state-sponsored hackers and even the occasional disgruntled employee are constantly looking to gain unauthorized access for a variety of purposes: theft of money, cyber espionage, personal information for sale or for use in scams, and damage to critical infrastructure for just a few of the most common.
So how does an organization mitigate an entire world full of continual cyber attacks? Just as buildings have a number of necessary elements of physical security: access control, cameras, alarms and so on; there are similar key elements of cyber security that are absolutely vital for just about any modern business.
It starts with identifying and closing the most common doors that attackers use. For example, phishing attacks on employees are far and away the most common initial point of entry. The breach of even a low-level employee account can quickly turn into an escalation in access privileges and the ability to reach sensitive information. This is also true of smart devices, which are generally more poorly secured than computers and phones.
In an increasingly virtual world — digital footprints have expanded exponentially since the pandemic — big data, or any dataset that holds confidential information or intellectual property, is the next asset to be weaponized.
Security is one of the greatest concerns for organizations in the airline industry when adopting cloud-based technologies in their digital transformation.
The Conti ransomware gang became one of the more prominent in the cyber crime world starting in 2020. It has pledged to respond to any cyber attacks on the Russian government or the country's critical infrastructure.
Fake vaccine certificates have been available for some time, but the market has picked up significant steam as the concept of "vaccine passports" has spread to domestic life and everyday activities.
A cyber attack has disrupted nationwide operations and forced Ascension Healthcare Network hospitals to resort to manual systems, divert ambulances, and reschedule appointments and elective surgeries.
A massive supply chain attack had distributed malware to tens of thousands of ASUS computers worldwide through legitimate ASUS software updates. It appears as if the attackers had inside information about ASUS servers and systems.
The Federal Bureau of Investigation (FBI) warns that the AT&T breach allowed threat actors to access agents’ call logs, potentially exposing the identities of informants.
Telecoms giant AT&T confirmed a third-party data breach involving a marketing vendor exposing 9 million customer accounts to unauthorized access.
A new development in an old data breach has seen 73 million AT&T customer passcodes published to an underground forum. The data leak now appears to be as bad as originally advertised with customer contact information attached to weakly encrypted passcodes that are easily deciphered.










