A data breach at Conduent Business Services, an operator of back-end systems for state governments, has affected more than 25 million people across the country, according to data breach information posted this month by the Wisconsin Department of Agriculture, Trade and Consumer Protection (DATCP). Conduent’s...
PayPal notified about 100 customers of PayPal Working Capital (PPWC) that their personally identifiable information (PII) was exposed to unauthorized individuals over a five-month period due to an error in its PPWC loan application. The company identified the error on Dec. 12 and learned that the PII was exposed...
A consumer receives a text message that appears to come from her bank. The tone is urgent. The link opens a convincing login page. Credentials are entered. Moments later, a transfer request appears inside what seems to be a trusted session. Across town, a mid-sized...
Fraud is no longer a marginal cost of doing business. Instead, it is a fast-moving, adaptive threat that cuts across eCommerce, digital payments, account access and identity, growing in frequency and sophistication as commerce increasingly shifts into digital and mobile channels. What once appeared as...
Mastercard has formed a cybersecurity partnership with connectivity cloud company Cloudflare. The collaboration, announced Tuesday (Feb. 17), is designed to help small businesses, governments and critical infrastructure against cyberthreats without sacrificing innovation, by combining attack surface monitoring capabilities from Mastercard’s Recorded Future and RiskRecon with...
Google’s Chrome web store is reportedly being plagued by a wave of malicious browser extensions. According to a report Monday (Feb. 16) by cybersecurity publication Dark Reading, these extensions claim to offer the abilities of an artificial intelligence (AI) assistant, while stealing users’ personal information...
The cost of fraud at U.S. financial institutions is rising, but the deeper threat may be what it does to customer relationships and brand reputation. Half of all institutions surveyed say fraud has damaged customer loyalty, a finding that reframes financial crime as a strategic...
The growing adoption of artificial intelligence (AI) models has led to a new form of intellectual property theft called “model extraction attacks” or “distillation attacks,” Google Threat Intelligence Group (GTIG) said in a Thursday (Feb. 12) blog post. In these attacks, threat actors use their legitimate access to a large language...
Microsoft’s February security updates include fixes for security vulnerabilities that are used by hackers for one-click attacks, TechCrunch reported Wednesday (Feb. 11). In these attacks, hackers plant malware or gain access to a computer by simply tricking victims into clicking on a malicious link or opening a malicious Office...