It’s a growing cybersecurity problem that consumers and business simply can’t seem to clean up. It’s password hygiene and it’s a big challenge according to new research from PC Matic. “While this may seem like a minor detail, password hygiene is becoming a growing threat ...
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Cybersecurity
Cybersecurity
Payments fraud is growing at 14% year over year, faster than overall retail sales, and growth in mobile fraud is also accelerating. According to Juniper Research, retailers could lose as much as $130 billion between 2018 and 2023, reaching $7.2B by the year 2020. Fraud ...
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Minnesota State University infosecurity grad student Dan Salmon has a cybersecurity warning for seven million users of the popular P2P app Venmo. He recently downloaded your data to prove to Venmo that one year after they were warned by other security experts about the security ...
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$40 million stolen from the Binance cryptocurrency exchange yesterday by cybercriminals. Hackers infiltrating hundreds of Amazon merchant accounts late last year. The ongoing impact from the massive 2017 Equifax data breach exposing more than 148 million records. The hit parade of cybersecurity breaches never lets ...
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New research from cybersecurity firm Proofpoint shows that imposter email and email phishing attacks on global financial services companies grew 60% over last year. The FBI estimates that business email compromise (BEC) has cost organizations around the globe a potential $12.5 billion since the end ...
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In a warning sign for the new technology and retailers, a student launched a $1 billion lawsuit claiming that mistaken facial recognition in an Apple Store led to his wrongful arrest. NYPD officers arrested 18-year-old New York student Ousmane Bah at 4 o’clock in the ...
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With the April 15 US tax deadline passed, were tax professionals really ready for a new breed of tax fraudsters? We’re not talking about the President and his tax return issues. We’re seeing a new breed of sophisticated tax fraudsters systematically attacking the US taxation ...
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Coveware’s Q1 Ransomware Marketplace report shows an alarming increase in ransomware incidents and the impact and costs to business in the first quarter of the year to clients of the security company. The average ransom increased by 89% to $12,762 compared to $6,733 in Q4 ...
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In China, more than 580 million people made a payment with their mobile phone last year and 68% used a mobile wallet for off-line payments. In many cases, this increasingly cashless society uses QR codes for purchases atlocations including noodle shops, fast food restaurants, electronics ...
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The 2019 Identity Fraud Study, released by Javelin Strategy & Research, contains good news mixed in with the bad according to the report. The good news is payment card fraud dropped from $8.1 billion in 2017 to $6.4 billion and the number of incidents fell ...
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