Fraud

Fraud news, analysis, research, how-to, opinion, and video.

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How a dose of AI could be the cure for hospital EHR cyberattacks in 2017

We are all sick (literally) and tired of the endless rounds of 'catch the data thief' playing at a hospital near you. Since these hospital attacks begin in 2014, they seem to get worse each year. Now industry pundits are indicating...

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Fraud detection firm outs $1b Russian ad-fraud gang and its robo-browsing Methbot

A $1 billion Russia-based criminal gang has been bilking online advertisers by impersonating high-profile Web sites like ESPN, Vogue, CBS Sports, Fox News and the Huffington Post and selling phony ad slots, but that’s about to end.

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EMV migration delay doesn't let gas stations completely off the hook

Last week, Visa, MasterCard and American Expressed delayed the EMV migration deadline for gas stations from October 2017 to October 2020 -- but that doesn't mean that gas stations can now relax their EMV upgrade plans

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‘Distributed guessing’ attack lets hackers verify Visa card details

Add credit card fraud to the list of things that distributed processing can speed up.

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Report: Most cybercriminals earn $1,000 to $3,000 a month

Most cybercriminals make between $1,000 and $3,000 a month, but 20 percent earn $20,000 a month or more, according to a recent report from Recorded Future

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10 top holiday phishing scams

It always happens this time of year, an influx of holiday-related scams circulating the interwebs. Scams don't wait for the holidays, but scammers do take advantage of the increased shopping and distraction when things get busy to...

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Security experts divided on ethics of Facebook's password purchases

Last week, Facebook CSO Alex Stamos told conference attendees in Lisbon that the company buys stolen passwords on the black market, and some security experts are questioning the ethics and benefits of this approach.

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UK bank suspends online payments after fraud hits 20,000 accounts

The banking arm of U.K. supermarket chain Tesco has suspended online payments for its 136,000 checking account customers following a spate of fraud.

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7 ways to protect your ecommerce site from fraud, hacking and copycats

Ecommerce business owners and cybersecurity experts discuss how you can protect your online store, especially during the holiday season.

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Flash mobs the latest threat this holiday season

The holiday season rings in more than just higher sales for retailers. There's also more shoplifting and lower profit margins than the rest of the year, according to a report released today. Plus, this year, there's an extra surprise...

What I learning playing prey to Windows scammers

Younger consumers more likely to fall for tech support con jobs

Contrary to conventional wisdom, it's not older consumers who are most easily duped by tech support scams.

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Dyre banking Trojan successor rears its ugly head

Cybercriminals have unleashed a new banking Trojan onto the Internet and it bears striking similarities to Dyre, a malware threat believed to be dead for almost a year.

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Thousands of online shops compromised for credit card theft

Almost 6,000 online shops have been compromised by hackers who added specially crafted code that intercepts and steals payment card details.

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5 tips for protecting your brand on social media

This summer, online payment service giant Paypal learned that bad guys had set up a fake Paypal Support page on Twitter, and then monitored the real Paypal Support page for remarks from customers. The bad guys responded to those...

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Swift CEO reveals three more failed attacks on banking network

Banks stopped three new attempts to abuse the Swift financial transfer network this summer, its CEO Gottfried Leibbrandt said Monday, as he announced Swift's plan to impose tighter security controls on its customers.

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As migration anniversary approaches, only a third of retailers accept chip cards

Retailers were supposed to start accepting chip cards last October, but a year past the start of the EMV liability shift, two-thirds still haven't done so.

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Swift hopes daily reporting will help stem payment fraud

Swift is introducing a new reporting system to help banks identify fraudulent payments made over its financial transfer network -- but the reports will arrive up to a day too late to stop them all.

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Sophisticated malware possibly tied to recent ATM heists in Thailand

Security researchers have found a sophisticated malware program that may have been used recently by a gang of hackers to steal more than $350,000 from ATMs in Thailand.

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