Cybercriminals Find Cover in the Cloud: New Netskope Research Finds 44% of Threats are Cloud-Enabled

Netskope Cloud and Threat Report reveals cloud-enabled threats are on the rise and sensitive data is moving between cloud apps Netskope, the leading security cloud, announced the release of the February 2020 Netskope Cloud and Threat Report, which analyzes the most interesting trends on enterprise cloud service and app usage, web and cloud-enabled threats, and cloud data migrations and transfers. Based on anonymized data from millions of global users, the report found that 44% of malicious threats are cloud-enabled,…

Kaspersky Research Finds Cybercriminals Stealing Guests’ Credit Card Data From Hotels Worldwide

Kaspersky’s research of the RevengeHotels campaign has confirmed that over 20 hotels in Latin America, Europe and Asia have fallen victim to targeted malware attacks. As a result, travelers’ credit card data, which is stored in a hotel administration systems including those received from online travel agencies (OTAs), is at risk of being stolen and sold to cybercriminals worldwide. The RevengeHotels campaign includes different groups using traditional Remote Access Trojans (RATs) to infect businesses in the hospitality…

Cybercriminals Get Social; Facebook and Instagram Phishing Rose Dramatically in Q1 2019

Vade Secure's Q1 Phishers' Favorites Report Also Investigates the Increasingly Sophisticated Tactics Being Utilized by Cybercriminals Targeting Office 365 and Corporate Email Users Vade Secure, the global leader in predictive email defense, published the results of its Phishers' Favorites report for Q1 2019, which reveals that social media phishing, primarily Facebook and Instagram, saw the highest quarter-over-quarter growth of any industry with a 74.7 percent increase. While Facebook has been in the top 10 since the…

JumpCloud Completes Platform-agnostic MFA for Core Operating Systems With Release of Windows MFA

JumpCloud, the world's first Directory-as-a-Service, announced the release of multi-factor authentication (MFA) for Microsoft Windows platforms. The Windows MFA release completes its platform-agnostic MFA offering for the core operating systems IT admins manage (Windows, Mac, and Linux), and comes standard with JumpCloud's Free, Pro, and Build Your Own Directory™ plans at no extra cost. According to Security Magazine, a compromised password that leads to a breach can cost a business over $1 million. User credentials are…

Ad Threat Attacks Are Evolving: How Your Strategy Needs to Shift

In the era of digital transformation, every company needs a CISO. In the ongoing war against ad threat attacks, there’s good news and bad news. The good news: Between Thanksgiving and Cyber Monday in 2019, the rate of digital ads containing lower-risk malvertising declined to .07 percent compared to 1.25 percent in 2018. The bad news: More than 60 percent of holiday ad threat attacks were far more malicious exploits. Now more than ever, publishers and advertisers must remain vigilant to combat online security threats that…

Bot Fraud: Financial Services Count the Cost

The tech world moves fast. As new platforms are developed and users migrate, one troubling constant has emerged: fraudsters keep following the money. No surprise then, that financial services apps are firmly in those criminal crosshairs. The sector is booming, with 115.6 million people banking on mobile at least once a month across the US. As usage rates grow, so too do the risks for the sector, and apps coming under increasing threat from automated bots. A report from ThreatMetrix reveals that companies fell victim to 3…

TechBytes with Christian Henschel (CEO) and Paul H. Müller (CTO) at Adjust

"Marketing automation will augment marketing teams, giving them new strengths even when their numbers are low." What kind of future are you building for your customers at Adjust?  Christian: In 2020, Context will be king — and Automation will do the heavy lifting. The right ad delivered to the right person at the right time: it’s a Marketing cliché that has been around for almost a decade, but it’s still something the industry is struggling to get right. With consumer demand for personalized content reaching an…

Grammy Bites: 9,000 Users Attacked by Malware Disguised as Billie Eilish in Nigeria

Kaspersky found 30,982 malicious files that used the names of artists or their tracks in order to spread malware Cybercriminals are actively abusing the names of artists and songs nominated for a Grammy 2020 award, in order to spread malware. Kaspersky protection technologies detected a 39% rise in attacks (attempts to download or run malicious files) under the guise of nominees’ work in 2019, compared to 2018. Ariana Grande, Taylor Swift and Post Malone were attackers’ favorites, with these nominees’ names used most…

93% of Mobile Transactions Blocked as Fraudulent in 2019 Says New Report on Mobile Ad Fraud by Upstream

98,000 Malicious Android Apps and 43 Million Infected Devices in 20 Countries 93 percent of total mobile transactions in 20 countries were blocked as fraudulent in 2019 according to a report on the state of malware and mobile ad fraud released by mobile technology company, Upstream. The “Invisible Digital Threat” data is based on deployments of Upstream’s Secure-D full-stack anti-fraud platform that detects and blocks fraudulent mobile transactions mostly originated from ad fraud malware. The platform at the end of 2019…

Data Privacy Day: Selected Quotes and Insights from the Industry Leaders- Part 2

Part 1 of the Data Privacy Day Quotes Series featured interesting quotes and insights from technology leaders. We will continue the story here in Part 2 and in Part 3, respectively. Last month, Sourcepoint announced the launch of an OTT compliance solution. It was created as part of its ‘Consent Everywhere’ commitment. This enshrines Sourcepoint's commitment to capturing consumer privacy preferences within Connected TV environments. We found an instant connection between Sourcepoint CEO Ben Barokas' insights on Data…

Prediction Series: Interview with Anurag Kahol, CTO and Co-Founder at Bitglass

Hi Anurag. Tell us about the biggest disruptions that you see happening in 2020. We will see an increase in the number of M&A deals in 2020. In fact, 79 percent of respondents to Deloitte’s M&A trends 2019 report expect the number of deals they close to rise in the next 12 months – up from 70 percent last year. Consequently, companies need to learn from the headaches faced by Marriott in 2018 when it acquired Starwood and inherited a breach of guest data. Security needs to be a key component of any M&A…

8 Cybersecurity Risks in Android’s VoIP Components

A team of Chinese researchers has recently revealed the findings of a ground-breaking investigation into Android’s voice-over-internet-protocol (VoIP) components. The team from OPPO ZIWU Cyber Security Lab, the Chinese University of Hong Kong and Singapore Management University, found no fewer than eight vulnerabilities. Cybercriminals minded to exploit those vulnerabilities could do any of the following: Transfer calls without the recipient’s knowledge Spoof caller IDs Crash VoIP devices Run malicious code…

Malvertising: How It Ruins a User’s Day, and Destroys Their Trust in Digital Advertising

It’s Saturday morning. You have just brewed your first (or second, or even third, no judgments here) cup of coffee, and now you’re lounging on the sofa, checking the local news on your phone. You encounter an ad on the page and suddenly, through no action of your own, you are forcefully redirected through a series of websites at rapid-fire speed, finally landing on a page offering you a $1,000 Amazon gift voucher, as long as you provide them some details, of course. Alternatively, you may have just arrived at your…

Ad Security Predictions for 2020

Potential Threats in Augmented Reality Ads Augmented Reality (AR) isn’t a new concept, but it’s very much exploded in popularity in the last few years, with increased use on various social media platforms, and the massive success of Nintendo’s “Pokemon Go!” mobile gaming app. Up until recently, AR experiences required apps to deliver them, but with the emergence of WebAR technology, that’s all changing. WebAR allows users to have AR experiences directly via a web browser, without the need for a specific app, and it’s easily…

Mimecast Acquires Segasec

Acquisition Extends Protection Beyond the Perimeter to Defend Against Brand Exploits Used to Steal Money and Data Mimecast Limited, a leading email and data security company, announced the acquisition of Segasec, a provider of digital threat protection. With this innovative technology, Mimecast customers can better defend against attacks that leverage fake websites and domains for credential harvesting of their customers, employees, partners, and 3rd party vendors within their supply chains. Hackers are using sophisticated…

Bots on Mobile Devices Fuel Holiday Shopping Cyberattacks

LexisNexis® Risk Solutions released an analysis looking at transactions and cyberattacks that occurred between Wednesday, November 27, 2019 through Tuesday, December 3, 2019 (Black Friday week). The data was acquired from the LexisNexis® Digital Identity Network®, a crowdsourced intelligence network comprised of data from approximately 38 billion global transactions each year including logins, payments and new account creations. The Black Friday week data analysis offers the industry a first look at trends shaping this…

Ad Fraud: The New Way to Launder Money

What happens when you ignore a crime that you perceive as victimless? Brands are writing off the monetary losses of ad fraud as a cost of doing business, but is there another reason to take fraud prevention seriously? Why are lawmakers like Senator Mark Warner in the US slowly turning their attention to ad fraud, and what’s really at stake when $19Bn/year goes missing? To help understand the significance of funds going missing with no apparent harm done, think back to a time when money laundering - the process of…

Financial Institutions on the Hook for Data Breaches This Holiday Shopping Season

American Consumers Will Hold Financial Institutions Accountable for Compromised Data Regardless of Who’s at Fault; Banks Stand to Lose Nearly Half of Customer Base, According to New Study from Terbium Labs Fears of data loss, identity theft and fraud are leaving American consumers on edge this holiday season, and they’re prepared to hold their financial institution responsible for the damages. This is according to “How Fraud Stole Christmas”, a new study released today by leading digital risk protection company Terbium…

Future of Cybersecurity: Best Practices for Small Businesses

Not so long ago, cybercrime was primarily associated with big business and government organizations – in other words, huge entities whose information is extremely valuable. Small and medium-sized businesses felt largely unaffected by the cybercrime scare – after all, as long as you do not move around millions of dollars, there is no reason to target you, right? Wrong. As cybercrime methods grow more sophisticated and hackers grow more numerous and organized, they more and more often turn their attention to small companies.…

Jumio Launches Real-Time Verification Solution, Powered Exclusively by AI

Jumio Go Is the First Automated Solution in the Market to Spot Deepfakes, Bots and Sophisticated Spoofing Attacks with Certified Liveness Detection Jumio, the leading AI-powered trusted identity as a service provider, announced the beta release of Jumio Go, the company’s first real-time, fully automated identity verification solution. It is designed to remove friction from the user onboarding process, while still fighting online identity fraud and meeting AML and KYC compliance mandates. “Given Jumio’s AI expertise,…