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It's Time for Enterprises to Manage Risks Posed by Compromised Personal DevicesOnline job scams have evolved beyond consumer fraud and now pose a direct threat to corporate networks. Google warns that scammers are embedding remote access Trojans and info-stealers disguised as interview software or application materials to hack personal devices and ultimately corporate systems.

Alerts Come on the Heels of Recent Attacks on InsurersU.S. federal authorities are warning the public and healthcare sector entities of email and fax phishing scams by fraudsters seeking to steal personal information about patients or payments. The warnings come as three large U.S. insurers continue to recover from recent cyberattacks.

Phishers check in, your credentials check out, Microsoft warns An ongoing phishing campaign disguised as a Booking.com email casts keystroke and credential-stealing malware into hospitality employees' inboxes for financial fraud and theft, according to Microsoft Threat Intelligence.…

GAO: SSA Fails to Meet Industry and Federal Electronic Verification System GoalsThe Social Security Administration is facing criticism for failing to update its fraud prevention technology, leaving financial institutions and federal authorities at risk of missing synthetic identity scams, according to a new Government Accountability Office report.

Bank Info Security 2 years, 3 months ago

AI Is Making Payment Fraud Better, Faster and Easier

AI Is Also Making Traditional Scams More Convincing, Warns VisaArtificial intelligence technologies such as generative AI are not helping fraudsters create new types of scams. They are doing just fine relying on the traditional scams, but the advent of AI is helping them scale up attacks and snare more victims, according to researchers at Visa.

Bank Info Security 2 years, 5 months ago

AHA: Rise in Scams Targeting IT Help Desks for Payment Fraud

American Hospital Association Warns of Social Engineering SchemesThe American Hospital Association is warning of increasingly sophisticated social engineering scams targeting hospital IT help desks with schemes involving the stolen credentials of revenue cycle and other finance employees to commit payment fraud against the institutions.

WhatsApp messages possibly the worst Father's Day present in the world There's no such thing as free beer for Father's Day — at least not from Heineken. The brewing giant confirmed that a contest circulating on WhatsApp, which promises a chance to win one of 5,000 coolers full of green-bottled lager, is a frothy fraud.…