cyber crime RSS

cyber crime, cyber risk, Cyber Security, Daily News, Fraud & Security, Identity, Risk & Compliance -

According to a new report, businesses must prepare for a new generation of cyber crime, moving beyond the established threats of data breaches, privacy issues and reputational damage to operational damage, business interruption and even potentially catastrophic losses. “As recently as 15 years ago, cyber attacks were fairly rudimentary and typically the work of hacktivists, [...]

The post Cyber crime a major risk to business appeared first on Payments Cards & Mobile.

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cyber attacks, cyber crime, Cyber criminals, Cyber Security, Daily News, Fraud & Security, Honey trap, Honey traps, ID fraud, Identity, Identity fraud, network hack -

Attackers are entering networks in a bid to find the organization’s sweet spot. What can organizations do to turn the tables? While preventive techniques are necessary, they are not always enough. Additionally, with cyber attacks, time is of essence. Honey traps are nothing new, but their use in IT security to date has been limited. [...]

The post Using honey traps to attract an attacker appeared first on Payments Cards & Mobile.

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cyber attack, cyber crime, Cyber Security, Daily News, Fraud & Security, hacking, Identity, Risk & Compliance -

After a series of high-profile hacking attacks, many companies are considering more aggressive tactics to fight back against cyber crime, including “active defence” strategies. The most controversial is “hacking back” against cyber criminals, which is against US law and, according to several bank officials, a bad idea because of the difficulty in definitively identifying culprits. [...]

The post The economics of hacking appeared first on Payments Cards & Mobile.

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cyber crime, Cyber criminals, Cyber Security, Daily News, Fraud & Security, Identity -

US authorities working with law enforcement officials abroad say they have shut down the Darkode online forum used by cybercriminals around the world and charged 12 people linked to the site. US Attorney David Hickton announced the charges in Pittsburgh and called Darkode “a cyber hornet’s nest of criminal hackers.” “Of the roughly 800 criminal [...]

The post Darkode hacking forum smashed – 12 charged appeared first on Payments Cards & Mobile.

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cyber crime, Cyber criminals, Cybercrime, Daily News, Fraud & Security, ID fraud, Identity fraud, Risk & Compliance -

Financial services providers must better prepare for the threat that new technologies pose to their cyber security strategies or risk damaging customer and investor confidence. Cyber-crime within the financial services industry has reached unprecedented *levels and currently costs the global economy £266 billion each year. As companies increasingly adapt to emerging technologies, such as digital [...]

The post Top 8 future cyber security threats to the financial services sector appeared first on Payments Cards & Mobile.

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