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FIRESIDE CHAT: Outrageous phone bills stun businesses targeted for ‘SMS toll fraud’

The Last Watchdog

I learned all about the nuances of deploying – and defending – these insidious attacks in a recent visit with Arkose Labs CEO, Kevin Gosschalk , who explained how the perpetrators victimize businesses that use text messages to validate phone users signing up for a new account. Acohido Pulitzer Prize-winning business journalist Byron V.

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Kroll Employee SIM-Swapped for Crypto Investor Data

Krebs on Security

Security consulting giant Kroll disclosed today that a SIM-swapping attack against one of its employees led to the theft of user information for multiple cryptocurrency platforms that are relying on Kroll services in their ongoing bankruptcy proceedings. ” A phishing message targeting FTX users that went out en masse today.

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Glut of Fake LinkedIn Profiles Pits HR Against the Bots

Krebs on Security

A recent proliferation of phony executive profiles on LinkedIn is creating something of an identity crisis for the business networking site, and for companies that rely on it to hire and screen prospective employees. Hamish Taylor runs the Sustainability Professionals group on LinkedIn, which has more than 300,000 members. .

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SMBs continue to be cybercrime targets

IT Governance

They typically have a large cache of personal data that can be accessed en masse, making them a much more lucrative target than going after individuals’ personal data. A recent government report found that 42% of small businesses suffered a data breach or cyber attack in the past 12 months. Why you are vulnerable.

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The Risk of Weak Online Banking Passwords

Krebs on Security

Most often, the attacker will use lists of email addresses and passwords stolen en masse from hacked sites and then try those same credentials to see if they permit online access to accounts at a range of banks. Alex Holden is founder and chief technology officer of Hold Security , a Milwaukee-based security consultancy.

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e-Invoicing mandates and updates: Germany

OpenText Information Management

The official timeline remains as follows: All German companies must be prepared to receive electronic invoices based on EN 16931 standard as of Jan 1 st 2025. How we can help As the clock ticks down to January 1st 2025, businesses operating within Germany need to prepare the new mandate. The mandate is closer than you think!

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Part 2: OMG! Not another digital transformation article! Is it about the evolution from RIM to Content Services?

ARMA International

Part 1 discussed the key DT business drivers, concepts, and technology trends, how they are transforming organizations and society, and how they are affecting business users and customers. One essential step is developing the DT business case and connecting it with the critical success factors (CSFs) and the product scope.