146% increase in peer-to-peer (P2P) Payments Number of Online Transactions is Nearly Double the Number of In-Person Transactions“Smishing” Joins the List of Top 5 Fraud Scams for the First Time Feedzai, the world’s leading cloud-based financial crime management platform, has released its most recent Quarterly Financial Crime Report. The report analyzes financial crime and consumer spending trends from more than 1.5 billion global transactions from April to July this year. According to the analysis, six months into the second year of a global pandemic, consumers’ shift to digital banking has only gotten stronger. The data reveals continuous move to cashless transactions,…
ISBuzz Team
BACKGROUND: It has been reported that Amazon’s video streaming service Twitch was hacked Wednesday in a breach that included details on payments to content creators and an unreleased product from Amazon Game Studios. The anonymous hacker said they were releasing the information to “foster more disruption and competition” in the online video streaming world, and called the Twitch community a “disgusting toxic cesspool” in a post to the anonymous message board platform known as 4chan. Twitch confirmed the hack in a tweet, but did not provide details on the extent of the hack and what data was obtained.
BACKGROUND: As many of us witnessed yesterday, WhatsApp, Instagram and Facebook had all gone down in a major outage. The three apps – which are all owned by Facebook, and run on shared infrastructure – all completely stopped working shortly before 5pm. Other products that are part of the same family of apps, such as Facebook Workplace, also stopped working. Visitors to the Facebook website simply saw an error page or a message that their browser could not connect. The WhatsApp and Instagram apps continued to work, but did not show new content, including any messages sent or received during…
BACKGROUND: New research from Sophos Labs details how a new threat actor group called Atom Silo was found to have attacked Atlassian Confluence team workspace servers through a recently disclosed vulnerability. The ransomware was identical to LockFile, but the key points made in the Sophos report were that the group was attacking a publicly disclosed vulnerability that had a patch issued and that when they got access, they used “several novel techniques that made it extremely difficult to investigate, including the side-loading of malicious dynamic-link libraries tailored to disrupt endpoint protection software.” Excerpt: While the ransomware itself is virtually identical to…
BACKGROUND: In response to reports that telecommunications giant Syniverse disclosed to the Securities and Exchange Commission last week that hackers had access to its databases over the past five years and compromised login credentials belonging to hundreds of customers, cybersecurity firm Panorays offers the following comment.
BACKGROUND: Cybersecurity experts provide insight on the recent Misconfigured Apache Airflow server leak, which exposed thousands of credentials from popular platforms and services such as Slack, PayPal, and Amazon Web Services.
Every 39 seconds, there is a new attack somewhere on the web. Veriff has analysed the global cybersecurity workforce to reveal the top 14 countries paving the way, as well as the companies leading in recruitment and the most in-demand cybersecurity job roles. Here are some key angles we think your readers will be interested in: The United States has the biggest cybersecurity workforce in the world at 879,000, followed by Brazil, Mexico and the UK Netskope is the leading company in cybersecurity recruitment, advertising 566 jobs – despite being one of the second-youngest companies ranking in the top ten70% of…
Neiman Marcus has notified 4.6 million online customers that their personal information including names, contact information, and credit card numbers may have been accessed in a data hack. The high-end department store chain said it had notified law enforcement authorities about the breach, which it said happened in May 2020. About 3.1 million payment and virtual gift cards were affected, more than 85% of which were expired or invalid, Neiman Marcus said.
BACKGROUND: According to new intelligence from Cisco Talos, Amnesty International’s branding and profile is being used as part of a new malware campaign that exploits people’s fears of the notorious Pegasus spyware app.
BACKGROUND: Numerous websites and services have already reported issues across computers, web browsers and other devices due to the recent expiration of Let’s Encrypt’s root certificate. Older devices are especially vulnerable since many can no longer verify or “trust” certain certificates issued by this certificate authority.