Aleksey Burkov, who operated a site called "Cardplanet" that trafficked in stolen payment card data used to make millions of dollars in fraudulent purchases, has been sentenced to nine years in federal prison. His case also involved high-level negotiations between the U.S., Russia and Israel.
The latest edition of the ISMG Security Report discusses Europol's launch of the European Financial and Economic Crime Center, and also details the London Met's perspective on recent cybercrime trends, and to need to maintain a paper audit trail for mobile voting.
The FBI is warning that cybercriminals and fraudsters are increasingly targeting mobile banking apps with malware in order to steal credentials and conduct account takeover attacks. The shift to mobile banking has increased since the COVID-19 pandemic.
Europe is targeting financial and economic crime, including fraud and money laundering, via the new European Financial and Economic Crime Center, hosted by the EU's law enforcement intelligence agency Europol. Officials say the launch of such a center during the COVID-19 pandemic is no accident.
Payment fraud continues to evolve during the COVID-19 pandemic, exploiting changing habits and behaviors of consumers. Melissa Gaddis of TransUnion, who has been tracking these changes, says one of the surprising changes concerns millennials: They're now fraudsters' top target.
Expectations of online businesses have never been higher. Customers expect frictionless and personalized experiences, while demanding evermore streamlined registration processes. And if they don't get them, they'll take their business elsewhere.
Resultantly, businesses are experiencing a profound tension. How do you...
The latest edition of the ISMG Security Report offers a discussion of the potential insider threats posed by the remote workforce during the COVID-19 crisis. Also featured: An update on payment fraud shifts and the long-term outlook for the cybersecurity market.
The latest edition of the ISMG Security Report discusses the ramifications of the U.K's decision to allow limited use of Huawei's equipment in 5G networks. Plus: Updates on Wawa's stolen card data offered for sale and nascent security threats from social networks and drones.
Google's Android is the most popular mobile operating system in the world, powering over 2.5 billion devices.
In this exclusive session, Eugene Liderman, Director of Mobile Security Strategy, Google, outlines Android's multi-layered security strategy, which includes hardware and software protections, as well as...
The notorious Joker's Stash carder marketplace has recently listed for sale 460,000 records, including four "Turkey-Mix" batches that feature never-before-seen payment card data that traces to Turkey's 10 largest banks, says cybersecurity firm Group-IB.
The new 5G mobile networks are coming, and with them comes the promise of people, industries and things connecting on an unprecedented scale. And also with 5G come significant security concerns about secure infrastructure, connected devices and a new multifaceted attack surface. Telecommunications giant Huawei is one...
The notorious Joker's Stash cybercrime marketplace, which specializes in selling stolen payment card data, has a new listing for 1.3 million credit and debit cards, almost all of which appear to have been issued by Indian banks, reports threat intelligence firm Group-IB.
With consumers increasingly turning online to buy electronics, retailers stand to make significant gains in terms of eCommerce revenue. Unfortunately, growing online sales also raise the stakes on eCommerce fraud prevention. This report sheds light on consumer electronics online fraud patterns in, offering retailers...
While it's never been easier to be a consumer, it's never been harder to be a merchant. To help decode the complex eCommerce landscape, we asked 5,000 shoppers to tell us their purchasing habits - how they shop, what makes them loyal, how they view fraud, and what keeps them from completing a purchase.