RSA Security LLC has spun off its fraud and risk intelligence business into a stand-alone company named Outseer. The new company will be led by Reed Taussig as CEO, and it will serve a worldwide customer and partner community.
Former customers of the now-defunct encrypted communications service EncroChat, which was infiltrated by police last year, continue to get busted, including members of a crime syndicate that operated "an industrial-scale cocaine laboratory" in the Netherlands, Europol says.
KYC (Know Your Customer) is all about knowing your customers are who they say they are. But if you think your regulatory requirements stop at onboarding: think again. Your firm is responsible for preventing fraud and financial crimes throughout the entire customer journey.
In this guide, we'll walk you through how...
Russian national Aleksandr Zhukov has been convicted by a U.S. federal jury of four charges - including wire fraud and money laundering - as part of the so-called Methbot scheme, which prosecutors say led to $7 million in digital advertising fraud.
A Russian group that was behind the massive SolarWinds supply chain attack has returned with a fresh phishing campaign, according to Microsoft. This new campaign compromised a marketing firm used by the U.S. Agency for International Development - USAID - to send malicious messages to thousands.
Two China-linked threat groups are still exploiting unpatched flaws in Ivanti's Pulse Connect Secure VPN products, using additional malware variants to support cyberespionage, FireEye's Mandiant Threat Intelligence team says.
The Hydra darknet marketplace, which initially focused on narcotics sales, now also offers stolen credit cards, SIM cards, VPN access and cryptocurrency laundering services, with annual sales exceeding $1 billion, according to a new research report, which explains the market's tactics.
Carl Pei, co-founder of OnePlus, a smartphone company, said Tuesday that his Twitter account had been compromised via a third-party app called IFTTT and a tweet had been injected via his profile for an apparent cryptocurrency scam.
Iran is using its abundance of oil to generate electricity that powers a massive bitcoin cryptomining operation that enables the country to turn its greatest natural resource into money, offsetting some of its income lost as a result of economic sanctions, according to cryptocurrency analysis firm Elliptic.
The U.K.-based insurance firm One Call says it has successfully restored its systems in a new environment that is separate from the one that was impacted by a ransomware attack May 13, adding that a ransomware note which purported to be from DarkSide could not be verified as authentic.
Scammers are increasingly using Windows Push Notifications to impersonate legitimate alerts as a first step toward installing malicious Windows applications to harvest user and system information, according to a global report by McAfee.
A new WastedLocker malware variant, dubbed WastedLoader, is exploiting two vulnerabilities in Internet Explorer to insert malicious advertisements into legitimate websites, the security firm Bitdefender reports.
Cybersecurity professor Ron Woerner defines “unfluence” as the negative side of influence. He describes the principles of influence and psychology and how black hat hackers use them on their victims - and how to defend against these tactics.