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How Can We Secure The Future of Digital Payments?

Thales Cloud Protection & Licensing

The financial services ecosystem has evolved tremendously over the past few years driven by a surge in the adoption of digital payments. The biggest challenge for both retailers and financial organizations was the rapidness of that change. Transact with trusted and reputable retailers. Tue, 01/11/2022 - 06:35.

Retail 126
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50 Ways to Avoid Getting Scammed on Black Friday

Adam Levin

It’s worth noting that there’s no reason a legitimate retailer would need that last one — the skeleton key to your identity — to process a purchase.). Make sure your smartphone, tablet and laptop are password-protected, particularly if you’re in the habit of carrying them around wherever you go. Create long and strong passwords.

Retail 97
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Exclusive: Welcome “Frappo” – Resecurity identified a new Phishing-as-a-Service

Security Affairs

“Frappo” acts as a Phishing-as-a-Service and enables cybercriminals the ability to host and generate high-quality phishing pages which impersonate major online banking, e-commerce, popular retailers, and online-services to steal customer data. Detailed analysis of the Phishing-As-A-Service Frappo is available here: [link].

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Akamai Report: Credential stuffing attacks are a growing threat

Security Affairs

This kind of attacks is very efficient due to the bad habit of users of reusing the same password over multiple services. “They use lists of usernames and passwords gathered from the breaches you hear about nearly every day on the news. .” The experts detected 8.3 billion per month. billion attempts).

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NEW TECH: This free tool can help gauge, manage third-party cyber risk; it’s called ‘VRMMM’

The Last Watchdog

Turn the corner into 2019 and we find Citigroup, CapitalOne, Wells Fargo and HSBC Life Insurance among a host of firms hitting the crisis button after their customers’ records turned up on a database of some 24 million financial and banking documents found parked on an Internet-accessible server — without so much as password protection.

Risk 117
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NEW TECH: Cequence Security launches platform to shield apps, APIs from malicious botnets

The Last Watchdog

Bad actors are standing up these virtual bots by the million, cheaply and stealthily, via Amazon Web Services, Microsoft Azure and Google Cloud. Stolen usernames and passwords are loaded up on botnets, which then relentlessly test them on account logon pages. Botnets can test stolen usernames and passwords at scale.

Security 104
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Alleged SIM Swapper Arrested in California

Krebs on Security

When a victim experiences a fraudulent SIM swap, their phone suddenly has no service and all incoming calls and text messages are sent to the attacker’s device. This includes any one-time codes sent via text message or automated phone call that many companies use to supplement passwords for their online accounts.