Russian authorities on Friday reported that they shut down the REvil ransomware operations and arrested a dozen or more gang members. The Federal Security Service of the Russian Federation said it quashed the REvil ransomware gang after U.S. authorities reported on the leader.

Cybercriminals in 2022 will move from identity theft to identity fraud, predicted the Identity Theft Resource Center. Bad actors are accumulating personal identifying information, but they're not using it to target consumers as much as they used to do. Rather, they're using it in credential attacks ...

Bot activity at websites is skewing marketing analytics and costing businesses millions annually, according to a study by bot detection and mitigation firm Netacea. The company maintained in its report that the skewed analytics problem is as costly to businesses as click fraud, which costs businesse...

EXCLUSIVE INTERVIEW

How Merchants Can Better Battle Chargebacks and Fraud

Cash flow concerns and fraud are going to be a menace to both retailers and consumers this holiday shopping season. One of the biggest shopping headaches this year will be a much earlier start to the chargeback cycles. Jeff Wixted, vice president of marketing and client solutions at Accertify, discu...

Technical and logistical problems stretching across multiple industries gives both shoppers and retailers reason to double efforts to avoid being hacked this year. Two factors top the list: runaway inflation and increased cyberattacks. Both are stretching spending capacity and digital safety to thei...

A new fraud ring called Proxy Phantom is using sophisticated credential stuffing attack methods to take over customer accounts for U.S.-based e-commerce merchants. The latest research from digital trust and safety firm Sift demonstrates fraudsters' relentless innovation and reinforces retailers' nee...

Shopper discontent with online retail sites is localizing to two major concerns. Spoiler alert: customer experience per se is not in this ranking. It is the need for caution that prominently leads shoppers to abandon their shopping carts. Results of a recent survey of more than 1,100 respondents con...

YouTube has taken a backseat to TikTok when it comes to average engagement with Android users, according to a report from a mobile market watcher. During the 11-month period between August 2020 and June 2021, TikTok's Android app has surpassed YouTube in the United States in the average monthly time...

Automated bots operated by malicious actors are costing businesses an average of 3.6 percent of their annual revenue. For the 25 percent worst affected businesses, this equates to at least $250 million every year. Even more concerning is the time it takes to discover these attacks. On average, more ...

Beginning in October, which is Cybersecurity Awareness Month, Amazon will make available to the public the training materials it's developed in-house to keep its employees and sensitive information safe from cyberattacks. It also offer "qualified" AWS customers a free multifactor authentication devi...

Imagine finding out that your neighbor's identity was stolen and their life savings cleaned out by criminals who entered through their 'smart' washing machine. Ridiculous, you say? Well, have you checked your home Wi-Fi network lately? You might have several connected household gadgets and other dev...

Businesses are flocking to software-as-a-service applications as a means to improve the efficiency of their operations and the productivity of their employees, but weak control of access to cloud apps is putting the data of many organizations at risk. According to a study by DoControl, the average 1...

Disruptions to power grid systems can have devastating effects. Despite the fact that consistent electric power has been a basic human need for more than a century; more than ever, the grid faces a growing onslaught of threats. We spoke with experts in the field about the critical nature of the grid...

The hacker who stole US$600 million in tokens from a cryptocurrency platform last week has been offered a security job by the platform. Most of the money has been returned to the Poly Network, but more than $200 million in assets remains locked in an account controlled by the hacker, whom the crypto...

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