FCPA Compliance Report-Episode 408, Brad Davis on Social Engineering for Data Protection
A recent court case has unveiled a new level of sophistication in attacks targeting high-net-worth cryptocurrency holders. In a meticulously orchestrated scheme, hackers managed to steal more than $40 million in bitcoin from...more
Editor’s Note: This webcast brings together some of HaystackID’s top experts to dissect the intricacies of Business Email Compromise (BEC) attacks—a rapidly growing threat impacting organizations globally. During the...more
Retool, a software development firm offering modular code for customizable enterprise software, recently notified 27 customers that a threat actor had accessed their accounts. The attacker was able to navigate through...more
CYBERSECURITY - World Economic Forum’s Global Cybersecurity Outlook for 2023 Is Bleak - Sorry to be the bearer of bad news but remember that I am only the messenger. According to the World Economic Forum’s Global...more
The United States District Court for the District of Minnesota, applying Minnesota law, has held that an insured’s loss resulting from the insured’s payment of fraudulent invoices received from a bad actor who hacked into the...more
CYBERSECURITY - Twilio Hit with Social Engineering Smishing Scheme - We’ve explained smishing schemes before. Smishing is like phishing, but uses SMS texting to deliver malicious code to users’ phones, or tricks the user...more
The Twilio and Cloudfare smishing attacks [view related post] provide a timely reminder of how sophisticated smishing attacks are and how they can affect businesses and their customers. But threat actors don’t just attack...more
We’ve explained smishing schemes before. Smishing is like phishing, but uses SMS texting to deliver malicious code to users’ phones, or tricks the user into visiting a malicious website to steal their credentials or money....more
New dictionary words have been formed to describe online scams. Phishing, one that everyone knows by now, is when a scammer uses a pretext in an email to get someone to click on a link or attachment in the email to deploy...more
If you have been following Verizon’s annual data breach investigation reports like I have over the years, you get excited when the new one comes out. If you have never read the report, now’s your chance, as the 2021 report...more
The U.S. Department of Veterans Affairs Office of Management (VA) has announced that it is notifying approximately 46,000 veterans that their personal information was compromised when hackers were able to access an online...more
Media outlets recently reported that Barbara Corcoran, one of the judges on the popular ABC show "Shark Tank," was the victim of a "spear phishing" scam....more
Risk Management Question: October is cyber security awareness month. What steps are you taking to avoid common Internet scams? The Issue: Hackers and their exploits are growing more sophisticated by the day. Avoiding their...more
Many are lamenting not purchasing bitcoin now that its value has skyrocketed. Yesterday, Massachusetts Secretary of State William Galvin warned investors to stay away from investing in bitcoin, as he considers it a financial...more
Beazley has published a report outlining data breaches in the first nine months of 2017. The report notes that the highest cause of a data breach in 2017 so far are unintended disclosures, which accounted for 41 percent of...more
The FBI continues to warn that losses are on the rise from business email compromise (BEC) or “social engineering” schemes, which the Bureau describes as: Carried out by transnational criminal organizations that employ...more