The number of order attempts declined for suspected fraud increased by nearly 30 percent year-over-year for orders between Thanksgiving and Cyber Monday, according to data from iovation, that also found a fraud decline rate 50 percent higher than the yearly average (15 percent vs. 10 percent). Likewise, a cyber security firm found a 63 percent
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In partnership with another Alphabet group company, Google recently released a way for consumers to test their skills in detecting phishing emails. It includes eight simulated emails based on characteristics of real phishing attacks, where the user is to indicate whether each email is legitimate or fake. According to a recent survey, 83 percent of
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According to a recent survey from ProofPoint, more than 80 percent of information security (infosec) professionals saw an increase in phishing attacks in 2018 while nearly two-thirds reported an increase in spear phishing. Meanwhile, those who reported compromised accounts as a result of phishing attacks increased from 38 percent of infosec professionals in 2017 to
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Lists of email addresses with password and other information used to send phishing emails and spam were hosted on an open server and available to copy or download. More than one-fourth of the email and password combinations were identified from previous data breaches and this collection of 711 million email address account credentials shows the scale of data breaches
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Since the takedown of the Zeus botnet in June 2014 fraudsters have moved to a new malware of choice, known as Dyre, which also seeks to obtain online banking credentials by mimicking hundreds of different financial institutions worldwide, including 70 in the United States. The malware can infect IE, Chrome and Firefox users, and infections
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Many Samsung laptop users have recently found, or may still be unaware, that software from Samsung is disabling Microsoft’s automatic Windows Updates, leaving these devices susceptible to attacks and vulnerabilities that may have been preventable. Even if users disable the Samsung software and manually turn Windows Updates back on, the computer will revert back to
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According to reports from the U.S. Secret Service and Kaspersky Labs, malware known as Backoff has been used to attack more than 1,000 businesses. This malware targets point-of-sale retail payment systems, intercepting and sending payment information to the fraudsters that employ it. The most recent high profile case of this malware and data compromise targeted
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Malware targeting mobile devices has increased for the fifth consecutive quarter and has increased 167 percent from Q1 2013 to Q1 2014, according to the latest McAfee Labs Threats Report. Merchants aren’t the only ones putting more emphasis and importance on the mobile channel, fraudsters are as well. This is evidenced by the growth of
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A fraudster calling himself Oleg Pliss is targeting Apple iPhones and iPads with an attack that prevents the user from unlocking the phone and displaying a message of where to send $100 to have the device unlocked. Details about the exploit are still being investigated, but it seems to be targeting devices via compromised iCloud
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Cybercriminals target the vulnerable and popular Android mobile platform through banking Trojans. 98% of mobile malware batters Android users. As of January 2014, Internet security firm Kaspersky reported a total of 10 million malicious Android installations packages detected in 2012-2013. The primary focus of the malware is banking Trojans while packages may focus on obtaining
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