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Real-Time Payments, AI-Led Exploits Are Exposing Flaws Fraud Detection Can't CatchFor years, fraud prevention has followed a familiar script. A transaction is initiated. A model evaluates it. Fraud still gets detected as it happens or after it occurs. But this model is breaking down with the rise of instant payments and artificial intelligence tools.

Bank Info Security 3 months, 2 weeks ago

Breach Roundup: Feds Confirm 'Major' Hack of FBI System

Also, Lloyds Data Leak, Dutch Treasury Breach, Citrix Bug Exploit, Pay2Key ActivityThis week, Lloyds data leak hits 450K, Dutch treasury breach, Citrix flaw exploited, Iran-linked ransomware ops, TrueConf zero-day, Russian fraud ring sentenced, Romania targeted, patch gaps persist, and U.S. hospital breach affects 257K.

Bank Info Security 5 months, 3 weeks ago

Cryptohack Roundup: South Korea Busts $102M Laundering Ring

Also: $7M Saga and $5M Makina Finance ExploitsThis week, South Korea dismantled a $102 million money laundering ring, Saga paused SagaEVM after a $7 million exploit, Makina Finance lost $5 million, a Utah man sentenced to three years for fraud and illegal cash conversion and a software flaw let traders win ethereum transaction auctions for free.

Bank Info Security 7 months, 3 weeks ago

Breach Roundup: Recently Patched Oracle Flaw Under Attack

Also: npm Packages Infiltrated, FBI Issues Fraud Alert, Campbell's Soup Cans CISOThis week, a recently fixed Oracle flaw is being actively exploited, Shelly tackled Pro 4PM DoS bug, "Shai-Hulud 2.0" hit npm, the FBI warned of rising bank account takeover scams, regulators fined Comcast over a vendor breach, Iberia reported a supplier incident and Campbell's canned its CISO.

Bank Info Security 11 months, 2 weeks ago

Breach Roundup: Did China Have a Sneak Peek Into ToolShell?

Also: ToolShell Hits South Africa, Most Americans Are Online Fraud VictimsThis week: Did China sneak a peek into ToolShell? ToolShell hacking in South Africa, Cisco flaws, an Arizona woman sentenced for aiding North Korea. Most Americans scammed online, a NASCAR data breach and a claimed data leak at France's Naval Group. Orange telecom disrupted. Dating app Tea breach.

Is Managing Customer Logins and Data Giving You Headaches? You're Not Alone! Today, we all expect super-fast, secure, and personalized online experiences. But let's be honest, we're also more careful about how our data is used. If something feels off, trust can vanish in an instant. Add to that the lightning-fast changes AI is bringing to everything from how we log in to spotting online fraud,

Trend Micro Research, News and Perspectives 4 years, 5 months ago

SMS PVA Services' Use of Infected Android Phones Reveals Flaws in SMS Verification

Certain SMS PVA services allow their customers to create disposable user profiles or register multiple accounts on many popular online platforms. These services can be abused by criminals to conduct fraud or other malicious activities.