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Business ID Theft Soars Amid COVID Closures

Krebs on Security

This story is about the victims of a particularly aggressive business ID theft ring that’s spent years targeting small businesses across the country and is now pivoting toward using that access for pandemic assistance loans and unemployment benefits. For 2020, the company estimates an overall 258 percent spike in the crime.

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No Industry Immune to Hacks and Breaches

SecureWorld News

Financial Services: Financial institutions hold a lot of sensitive data, such as customer names, addresses, and Social Security numbers, making them a prime target for cybercriminals, who can use this data to commit identity theft or fraud. This data can be used by cybercriminals to commit fraud or identity theft.

Hacking 104
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TrickBot member extradited to US faces up to 60 years in prison

Security Affairs

“He is charged with conspiracy to commit computer fraud and aggravated identity theft, conspiracy to commit wire and bank fraud, conspiracy to commit money laundering, and multiple counts of wire fraud, bank fraud, and aggravated identity theft. Targets included hospitals, schools, public utilities, and governments.

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The State of Blockchain Applications in Cybersecurity

eSecurity Planet

For advantages, private blockchains are more scalable and energy-efficient with suggested use cases of banking and supply chain management. Securing edge devices with identity authentication. Mitigating risk of false key propagation and identity theft. Security Paradigms: Traditional Networks vs. Blockchains. Chronicled.

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The CyberWire Daily Podcast EP. 389 With Guest Speaker David Brumley

ForAllSecure

Its apparent goal is espionage directed against the financial and energy sectors. The company believes that criminals are, quote, "utilizing bots to submit fraudulent admissions applications and obtain institution email addresses through admission application portals," quote. Government agencies are also targeted.

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The CyberWire Daily Podcast EP. 389 With Guest Speaker David Brumley

ForAllSecure

Its apparent goal is espionage directed against the financial and energy sectors. The company believes that criminals are, quote, "utilizing bots to submit fraudulent admissions applications and obtain institution email addresses through admission application portals," quote. Government agencies are also targeted.

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THE CYBERWIRE DAILY PODCAST EP. 389 WITH GUEST SPEAKER DAVID BRUMLEY

ForAllSecure

Its apparent goal is espionage directed against the financial and energy sectors. The company believes that criminals are, quote, "utilizing bots to submit fraudulent admissions applications and obtain institution email addresses through admission application portals," quote. Government agencies are also targeted.