Synthetic identity fraud, which takes advantage of flaws in conventional identity verification systems, has emerged as a major threat to cybersecurity. It is challenging to identify this kind of fraud using traditional techniques since it includes the construction of fictional identities using a combination of true and made-up information.
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.
Japanese watchmaker Seiko has suffered a data breach that leaked sensitive information, with the Russian ransomware gang BlackCat/AlphaV claiming responsibility for the attack.
Over 2.6 million people may have been affected by a massive supply chain attack leveraging over 35 compromised Chrome extensions to take over Facebook Ad accounts.
Tax information of five million Bulgarians were exposed in a massive data breach at country's national tax agency. Not only do the government need to worry about the leaked data, they are also subjected to GDPR penalties.
Massive personal data leak of 1.2 billion people was exposed on the Dark Web which includes email addresses, LinkedIn URLs, Facebook URLs and IDs, and phone numbers.
Hewlett Packard Enterprise (HPE) Security Breach Granted IntelBroker Access to Company’s Source Code
Hewlett Packard Enterprise (HPE) has launched an investigation into a potential security breach after IntelBroker claims to have stolen the company’s source code.
Compromised passwords happens to everyone. Any company, regardless of size should be using MFA as part of their security strategy as it can be one of the easiest ways to secure accounts.
The EU Agency for Cybersecurity says that autonomous vehicle manufacturers should address various cybersecurity challenges before venturing on European roads.
Chainalysis finds that state-backed North Korean hackers are more reliant than ever on illicit crypto exchanges in Russia to move money. North Korean hackers are thought to have stolen $3.54 billion in cryptocurrency over the last seven and a half years.
File-based malware has long been among the most effective attack vectors employed by threat actors worldwide. While AI-powered detection technologies are coming to market to help address these growing risks, their outputs should be complemented by deterministic controls and human oversight, particularly in high-consequence environments.










