In the card-issuing space, a predictable pattern exists with plastic cards, Very Good Security’s CEO and Co-founder Mahmoud Abdelkader told Karen Webster. Consumer demands card. Issuer prints card, sends it off — and promptly loses contact and context about that card. The security risks with...
Despite all the digital advances and connectivity achievements that facilitate our daily lives, one simple fact still threatens the stability and security of the entire enterprise: 50 percent of us still recycle our passwords. It may seem like a small problem that is relatively easy...
The U.S. is joining forces with the U.K., the EU and NATO in pressing officials from the People’s Republic of China (PRC) to take action after exposing the region as the origin of cyberattacks. “Countries around the world are making it clear that concerns regarding...
It’s been a banner year for fraudsters attacking the suddenly bloated unemployment program, as a top federal government watchdog estimates that as much as $26 billion in benefits aren’t going to the unemployed, but to fraudsters who are taking the system for a ride —...
In response to the growing international threat of ransomware attacks, the U.S. Department of Justice (DOJ) and Department of Homeland Security (DHS) have launched a new website that provides ransomware resources to protect consumers and institutions from these attacks. StopRansomware.gov, which the DHS and DOJ...
Nothing is off the table now in the fight against cybercrime and those related to ransomware. Not only are there rewards for tips on who’s behind the attacks, but a new task force put in place by the White House could even turn the tables...
The proliferation of fraud and scams involving COVID-19 has dealt heavy fiscal blows to Americans’ wallets, according to data from the Federal Trade Commission (FTC), per Public Tableau. U.S. residents have seen $487.92 million lost overall to fraudsters since January 2020, the data showed. There...
REvil, a known Russian hacking group, has gone offline — only days after U.S. President Joe Biden mandated that Russian President Vladimir Putin handle the cybercrime taking place in his country, a report from Decrypt said on Tuesday (July 13). Per Decrypt, The New York...
British police have confiscated close to £180 million — or $249 million — in cryptocurrency, the largest such seizure in the country’s history, CNN reported on Tuesday (July 13). In fact, it might be one of the large confiscations in the world, London’s Metropolitan Police...
