Cyber criminals RSS

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

Cyber attacks are on the rise. Companies both large and small are targeted daily by hackers seeking valuable data to monetize in the cyber underground. Recent reports show that 87% of organizations are making use of cloud infrastructure, while analysts predict spending will exceed $200 billion in 2016. This means: 1) Organizations are making use of public clouds [...]

The post Cyber attacks: A Cloud Security Report appeared first on Payments Cards & Mobile.

Read more

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

In the past 24 hours there have been three more cyber security incidents in the industry, highlighting once again the dangers of complacency in the industry. Here is a blow by blow account: FXCM – Online foreign exchange trading firm FXCM announced it has been the victim of a cyber security attack that exposed access to sensitive customer [...]

The post Cyber security: breach, breach, breach appeared first on Payments Cards & Mobile.

Read more

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

Cybercriminals are attacking the UK more than any other country making it the number 1 target for global cybercrime. One of the most interesting cybercrime trends in Q2 was the UK’s emergence as the preferred destination for attackers across the world; with Nigeria, Germany, US and Mexico leading the way in attacking the UK. The UK also [...]

The post UK is number 1 target for global cybercrime appeared first on Payments Cards & Mobile.

Read more

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.

Read more

ATM, ATM fraud, ATMs, Cyber criminals, Cyber Security, Daily News, Fraud, Fraud & Security, ID fraud, Identity fraud, MasterCard -

According to the inaugural MasterCard Safety and Security Index, consumers across Southeast Asia and Greater China cited identity theft and ATM-related fraud as the top two security concerns when it comes to electronic payments. 42% of consumers in Southeast Asia (Indonesia, Malaysia, Philippines, Singapore Thailand, and Vietnam) were most concerned with ATM-related fraud such as [...]

The post Identity theft and ATM-related fraud top payments security concerns appeared first on Payments Cards & Mobile.

Read more