Krebs on Security

JUNE 18, 2021

The SEC says First American derives nearly 92 percent of its revenue from its title insurance segment, earning $7.1 Title insurance protects homebuyers from the prospect of someone contesting their legitimacy as the new homeowner. Title insurance is not mandated by law, but most lenders require it as part of any mortgage transaction.

Insurance 330

Insurance Risk Financial Services CISO 330

Security Affairs

JUNE 10, 2021

Group-IB, a global threat hunting and adversarial cyber intelligence company specializing in the investigation and prevention of high-tech cybercrime, has published a comprehensive analysis of fraud cases on a global scale. . Insurance companies around the world are now suffering from phishing. Pierluigi Paganini.

Scams 129

Scams Banking Retail Insurance 129

Webroot

MARCH 3, 2025

March is a time for leprechauns and four-leaf clovers, and as luck would have it, its also a time to learn how to protect your private data from cybercrime. This month, take advantage of all that NCPW offers, including access to free tools and information that can help you identify and prevent online scams, fraud, and identity theft.

Consumer Protection 84

Consumer Protection Identity Theft Scams Social Engineering 84

Security Affairs

SEPTEMBER 4, 2021

The US Securities and Exchange Commission warns investors of potential investment scams that leverages Hurricane Ida as a bait. The US Securities and Exchange Commission (SEC)’s Office of Investor Education and Advocacy is warning investors of potential investment scams related to Hurricane Ida. Pierluigi Paganini.

Scams 111

Scams Insurance Education Hacking 111

Malwarebytes

FEBRUARY 4, 2025

The same is true for all text-based social engineering tricks, as AI chat tools can write alluring direct messages for romance scams and craft urgent-sounding texts that can fool people into clicking on links that carry malware. Importantly, the attack methods here are not new. That could change in 2025.

Artificial Intelligence 144

Artificial Intelligence Small Business Malware Technology 144

Krebs on Security

MARCH 5, 2024

Assuming Change Healthcare did pay to keep their data from being published, that strategy seems to have gone awry: Notchy said the list of affected Change Healthcare partners they’d stolen sensitive data from included Medicare and a host of other major insurance and pharmacy networks. “They are exit scamming their affiliates.

Healthcare 355

Healthcare Ransomware Scams Government 355

Adam Levin

MARCH 16, 2020

billion in BEC scam-related losses the year before. “BEC/EAC is a sophisticated scam targeting both businesses and individuals performing a transfer of funds,” explained the report. ” The report warned that the methods used by hackers to perpetrate BEC scams were becoming more complicated and difficult to detect.

Scams 130

Scams Identity Theft Phishing Accountability 130

Krebs on Security

DECEMBER 29, 2022

Here’s a look at some of the more notable cybercrime stories from the past year, as covered by KrebsOnSecurity and elsewhere. 24, Russia invades Ukraine, and fault lines quickly begin to appear in the cybercrime underground. com, which was fed by pig butchering scams.

Cryptocurrency 288

Cryptocurrency Cybercrime Computers and Electronics Scams 288

SecureList

JUNE 26, 2023

Examples of scam threats and phishing Phishing and scam can pose a significant threat to SMBs, as scammers try to mimic payment, loan and other services, as well as cloud service providers like Microsoft, in order to obtain confidential information or company funds. Finally, the Trojan can install other malware, such as ransomware.

Cybercrime 123

Cybercrime Phishing Banking Malware 123

Security Affairs

JANUARY 7, 2024

Experts spotted a new macOS Backdoor named SpectralBlur linked to North Korea Merck settles with insurers regarding a $1.4 Enjoy a new round of the weekly SecurityAffairs newsletter, including the international press.

Artificial Intelligence 122

Artificial Intelligence Data breaches Scams Insurance 122

Krebs on Security

AUGUST 17, 2023

The international police organization INTERPOL said last week it had shuttered the notorious 16Shop, a popular phishing-as-a-service platform launched in 2017 that made it simple for even complete novices to conduct complex and convincing phishing scams.

Phishing 229

Phishing Passwords Internet Internet 229

SecureWorld News

MAY 22, 2023

More than 450 workers at the United States Postal Service (USPS) lost more than $1 million in a direct deposit scam that left postal workers without pay, angry at the USPS for not heeding warnings of the scheme, and the agency scrambling to figure out exactly what happened. And this is, sadly, an example of why both of those are so critical."

Scams 98

Scams Password Management Passwords Authentication 98

Security Affairs

DECEMBER 31, 2024

RIBridges supports state programs like Medicaid, SNAP, Rhode Island Works, childcare assistance, long-term care, and HealthSource RI insurance. Rhode Islanders are urged to protect their financial information by freezing and monitoring credit, enabling multi-factor authentication, and avoiding phishing scams.

Identity Theft 72

Identity Theft Data breaches Insurance Hacking 72

Webroot

SEPTEMBER 24, 2024

From ransomware attacks to phishing scams, hackers are becoming more sophisticated. Nation-states are teaming up with cybercrime gangs Cybercrime is no longer just about lone hackers. China is focusing on its political goals in the South China Sea, often collaborating with cybercrime rings like Storm-0558.

Cyber threats 112

Cyber threats Small Business Scams Cybercrime 112

SecureWorld News

AUGUST 26, 2021

million being transferred to foreign internet scam artists. Adding a wrench into the unfolding events, officials are still waiting to see if the town's insurance will cover the losses. Related to the topic of BEC, listen to our podcast episode, "The Enterprise Business Model of Cybercrime.". Since the town's budget is about $15.8

Scams 98

Scams Cybercrime Government Banking 98

Identity IQ

NOVEMBER 1, 2022

Elderly Americans are facing a drastic increase in cybercrime, identity theft and financial abuse. billion in cybercrime losses to the FBI’s Internet Crime Complaint Center (IC3) – a 74% increase from the previous year. Many seniors are less technologically savvy than younger generations, making them more vulnerable to cybercrime.

Identity Theft 98

Identity Theft Scams Cybercrime Accountability 98

Security Through Education

APRIL 7, 2021

” “Cybercrime apparently cost the world over $1 trillion in 2020.” The pandemic is providing the perfect cover for cybercrime, as can be seen in the alarming statistic from First Orion that criminals were able to get 270% more personal information in 2020 than in 2019 via vishing or phone scams. COVID-19 Scams.

Scams 92

Scams Computers and Electronics Insurance Social Engineering 92

CyberSecurity Insiders

JANUARY 6, 2023

By the time they adjust their processes, beef up their defenses, and add new layers of security, they find themselves battling more virulent ransomware strains and cyber-scams. Insurance Refusals and Rate Hikes. But not insurance companies. Slow Gains on Storage and Backup Security.

Backups 136

Backups Ransomware Insurance Cyber Insurance 136

Identity IQ

OCTOBER 31, 2023

Scheumack is an expert in cybersecurity and has given numerous interviews on trending identity theft scams, including the rise of AI voice cloning scams. “We are honored to have IDIQ join our elite roster of CCOE Board Members with a focus on identity theft education.

Identity Theft 124

Identity Theft Education Scams Marketing 124

Security Affairs

MARCH 17, 2024

France Travail data breach impacted 43 Million people Scranton School District in Pennsylvania suffered a ransomware attack Lazarus APT group returned to Tornado Cash to launder stolen funds Moldovan citizen sentenced in connection with the E-Root cybercrime marketplace case UK Defence Secretary jet hit by an electronic warfare attack in Poland Cisco (..)

Data breaches 128

Data breaches Computers and Electronics Cybercrime Ransomware 128

Malwarebytes

FEBRUARY 3, 2023

As the reports covering all of 2022 start trickling in, we can see that cybercrime and other types of fraud had a major impact last year. million (roughly $750 million) through authorized and unauthorized fraud and scams in the UK alone. Blocking scam text messages. Unauthorized payment card fraud. How can we help?

Scams 96

Scams Banking Cyber Insurance Cybercrime 96

Krebs on Security

DECEMBER 13, 2021

That compliance centered on the Health Insurance Portability and Accountability Act (HIPPA), which prioritizes protecting the integrity and privacy of patient data. By hacked I mean someone within the organization falls for a phishing scam, or clicks a malicious link and downloads malware. Now this is in itself isn’t bad.

Healthcare 325

Healthcare Ransomware Antivirus Hacking 325

SecureWorld News

NOVEMBER 12, 2020

This is partly driven by cyber insurance and a growing number of organizations seeing this insurance as a business necessity: "Although cyber insurance policies existed since early 2000, ransomware attacks are one of the main reasons for the increased interest in this type of insurance during the last 5 years.

Cyber threats 124

Cyber threats Insurance Cyber Insurance Ransomware 124

Security Affairs

FEBRUARY 25, 2024

Apple created post-quantum cryptographic protocol PQ3 for iMessage Russian hacker is set to face trial for the hack of a local power grid Microsoft released red teaming tool PyRIT for Generative AI CISA orders federal agencies to fix ConnectWise ScreenConnect bug in a week FTC charged Avast with selling users’ browsing data to advertising companies (..)

Spyware 128

Spyware Cyber Insurance Hacking Advertising 128

Security Affairs

SEPTEMBER 8, 2024

Head Mare hacktivist group targets Russia and Belarus Zyxel fixed critical OS command injection flaw in multiple routers VMware fixed a code execution flaw in Fusion hypervisor U.S.

Data breaches 121

Data breaches Artificial Intelligence Social Engineering Hacking 121

SecureWorld News

NOVEMBER 22, 2021

Treasury's Office of the Comptroller of Currency (OCC), the Board of Governors of the Federal Reserve (Board), and the Federal Deposit Insurance Corporation (FDIC), has been approved in an effort to enforce reporting standards related to banks. Liebes said: "So, what is the impact of cybercrime? A new rule, backed by the U.S.

Banking 96

Banking Cybercrime Insurance Ransomware 96

Krebs on Security

SEPTEMBER 2, 2021

Some of the most successful and lucrative online scams employ a “low-and-slow” approach — avoiding detection or interference from researchers and law enforcement agencies by stealing small bits of cash from many people over an extended period. Bill said these crooks have figured out a way to tap into those benefits as well.

Accountability 343

Accountability Authentication Passwords Hacking 343

Security Boulevard

APRIL 23, 2021

In the same survey, 44% of respondents said they had seen an increase in scam text messages during the first two weeks of the nationwide quarantine period. Business email compromise is a sticky, multifaceted cybercrime that almost inevitably starts with a phishing attack. Business Email Compromise. Angler Phishing.

Phishing 101

Phishing Scams Media Accountability 101

eSecurity Planet

SEPTEMBER 14, 2022

Cybercrime is a growth industry like no other. There are dozens if not hundreds of types of scams out there, but we’re going to focus on the scams most likely to affect a business, such as phishing or business email compromise (BEC). Finance and insurance finished a close second at 22.4%. billion in reported losses.

Social Engineering 122

Social Engineering Energy and Utilities Phishing Internet 122

Malwarebytes

MARCH 10, 2021

This quickly became a mess of arguments over paying the ransom , and the world of cyber insurance and whether it would actually insure against these types of attacks. This seems a reasonable assumption; lots of consumer and business victims of cybercrime do not want to publicize it.

Ransomware 128

Ransomware Insurance Cyber Insurance Social Engineering 128

SecureWorld News

NOVEMBER 22, 2021

The Business Email Compromise (BEC) scam is one of the simplest and most damaging attacks businesses can face with losses ranging from hundreds to millions of dollars. According to the Federal Bureau of Investigation (FBI), losses due to BEC scams since 2013 total around $28 billion dollars and it is the most profitable cybercrime there is.

Scams 98

Scams Cybercrime Accountability Banking 98

SecureWorld News

MAY 20, 2020

Now another significant cybercrime target is emerging: state unemployment benefit systems. Hackers scam Washington State's unemployment insurance. Most mules seem to have [been involved in] romance scams.". This is a gut punch.".

Cybersecurity 111

Cybersecurity Scams Cyber Attacks Government 111

Security Affairs

APRIL 30, 2019

. “We are working closely with the Diocese and its insurance program to file a claim in the hopes that Marous Brothers Construction can receive their payment quickly and we can bring this important project for our parish to a positive completion,” Stec said in the letter. ” Stec added. billion” reads the report.

Insurance 103

Insurance Banking Advertising Accountability 103

SecureWorld News

OCTOBER 4, 2021

Peterborough has insurance through NH Primex. However, as of publication, it is still unclear how much the insurer will pay off for the damages or if any money will be repaid at all. This type of cybercrime continues to fleece organizations even though it lacks the sexy headlines of a ransomware attack.

Insurance 97

Insurance Ransomware Social Engineering Cybercrime 97

Security Affairs

FEBRUARY 15, 2019

They profited from a scam, popular some time before, which sold “magic pills” — counterfeit drugs and dietary supplements purported to cure even serious chronic diseases. This scam’s elderly victims spent hundreds and thousands of dollars on the products, borrowing from friends and taking loans. Pierluigi Paganini.

Banking 108

Banking Scams Social Engineering Advertising 108

Webroot

SEPTEMBER 27, 2024

From ransomware attacks to phishing scams, hackers are becoming more sophisticated. Nation-states are teaming up with cybercrime gangs Cybercrime is no longer just about lone hackers. China is focusing on its political goals in the South China Sea, often collaborating with cybercrime rings like Storm-0558.

Cyber threats 59

Cyber threats Small Business Scams Cybercrime 59

BH Consulting

JANUARY 4, 2023

When economies take a turn for the worse, cybercrime tends to surge. Some experts believe the recession will trigger an increase in cybercrime. We only need to think back to the early days of COVID-19 and how criminals exploited the widespread uncertainty to spread scams, ransomware infections and other threats. Warning signs.

Scams 52

Scams Banking Cybercrime Insurance 52