Disney reportedly plans to stop using workplace collaboration platform Slack following a recent data breach. Chief financial officer Hugh Johnston announced the change this week, the Wall Street Journal (WSJ) reported Thursday (Sept. 19), citing an internal memo reviewed by the news outlet. That memo...
Most businesses have a target on their back. And for good reason — their data and credentials are incredibly valuable to fraudsters, especially when it comes to large enterprises. Against this backdrop, credential theft has become the emerging initial attack vector of choice for many...
In periods of softening consumer spend, businesses are increasingly turning to the vast B2B marketplace to boost their bottom-line. They aren’t alone. Criminals have taken notice of the multi-trillion-dollar B2B landscape, too. A recent report shows that cyber criminals are increasingly targeting businesses, not individuals,...
Fraudsters are drawn to compromised digital ecosystem like ants to a picnic. Bad news for companies creates opportunities for criminals — with disruptions like the recent CrowdStrike and Microsoft outage offering a perfect cocktail of urgency, uncertainty and money movement for scammers and fraudsters to exploit....
July 04, 2024
It’s the summer of steals, not the summer of deals, for businesses suffering cyber breaches. That’s because, as the world goes digital, fraudsters are constantly probing modern, multifaceted attack surfaces for vulnerabilities. But with the news Tuesday (July 2) that auto dealership software provider CDK Global has “substantially all” of its car dealership customers back […]
October 18, 2019
Fraudsters are preying on children, pilfering Social Security numbers and other data to commit identity theft, run up charges and ruin credit. Zac Cohen, general manager of Trulioo, tells Karen...
October 10, 2024
The cost of cyberattacks is reportedly growing alongside the increases in digitization and artificial intelligence (AI). “If cybercrime damage were a state, it would be the world’s third-largest economy,” Bank of America said in a Thursday investor note, Seeking Alpha reported Thursday (Oct. 10). The financial institution’s note added that 60% of organizations were hit by ransomware in […]
September 19, 2024
Disney reportedly plans to stop using workplace collaboration platform Slack following a recent data breach. Chief financial officer Hugh Johnston announced the change this week, the Wall Street Journal (WSJ)...
July 16, 2024
The IRS is warning tax professionals of a rise in scams designed to steal taxpayer information. The tax agency and its “Security Summit” partners — a group of state tax...
July 10, 2024
Fraud data sharing consortium Sonar has launched a new service that helps banks and FinTechs verify if their customer data has been compromised in a breach or used for fraudulent activities....
