Triangulation fraud: The costly scam hitting online retailers

In this Help Net Security interview, Mike Lemberger, Visa’s SVP, Chief Risk Officer, North America, discusses the severe financial losses resulting from triangulation fraud, estimating monthly losses to range from $660 million to $1 billion among merch… Continue reading Triangulation fraud: The costly scam hitting online retailers

Treasury official: Small financial institutions have ‘growth to do’ in using AI against threats

AI-specific fraud and cyber risks in the financial sector are especially pronounced for small banks, the agency’s chief AI officer said.

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Enterprises face significant losses from mobile fraud

A recent Enea survey highlights a worrying trend in enterprise security: Following ChatGPT’s launch, 76% of businesses are inadequately protected against rising AI-driven vishing and smishing threats. In this Help Net Security video, John Hughes,… Continue reading Enterprises face significant losses from mobile fraud

LastPass Dodges Deepfake Scam: CEO Impersonation Attempt Thwarted

By Waqas
Cybercriminals using deepfakes to target businesses! LastPass narrowly avoids security breach after employee identifies fake CEO in WhatsApp call. Read how LastPass is urging awareness against evolving social engineering tactics.
This is a pos… Continue reading LastPass Dodges Deepfake Scam: CEO Impersonation Attempt Thwarted

New iMessage Phishing Campaign Targets Postal Service Users Globally

By Waqas
Some of the known targets of this iMessage phishing campaign are USPS (the United States Postal Service), DHL, Evri, Australia Post, Bulgarian Posts, and Singapore Post.
This is a post from HackRead.com Read the original post: New iMessage Phi… Continue reading New iMessage Phishing Campaign Targets Postal Service Users Globally

How CISOs tackle business payment fraud

In this Help Net Security video, Shai Gabay, CEO of Trustmi, discusses why payments are a source of cyber worry for CISOs. CISOs are worried about Business Email Compromise (BEC), cyber attackers’ use of AI, and securing the supply chain. These a… Continue reading How CISOs tackle business payment fraud

International Sting Takes Down Major Dark Web Marketplace “Nemesis Market”

By Waqas
Another day, another popular dark web marketplace bites the dust!
This is a post from HackRead.com Read the original post: International Sting Takes Down Major Dark Web Marketplace “Nemesis Market”
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