Stay informed with Security World Trend Now! Discover the latest security trends, technologies, and strategies to protect your data, networks, and digital identity. Get expert insights and practical advice for ensuring your online safety. Explore now!
SEC Charges SolarWinds and Its CISO With Fraud and Cybersecurity Failures The Securities and Exchange Commission (SEC) has filed charges against SolarWinds and its Chief Information Security Officer (CISO), Timothy G. Brown, alleging that the company misled investors about its cybersecurity practices and known risks. The charges stem from alleged fraud and internal control failures…
The State of Verification and Monitoring in the Crypto Industry 2023 New Fraud Patterns and Deepfakes on the Rise The latest report released by Sumsub, a full-cycle verification platform, sheds light on the current state of verification and monitoring in the crypto industry for the year 2023. The report, based on a survey conducted among…
Global Damage of $30 Billion Caused by Criminal Activities in Crypto Sector: A Growing Threat Inadequate Understanding of Digital Financial Product Cyberattacks The rise of digital financial products, particularly in the realm of decentralized finance (DeFi), has brought about significant challenges in terms of cybersecurity. However, until now, there has been a lack of concrete…
Rise of “Badbox” Highlights Looming Threats in Android Devices Supply Chain Introduction In a recent revelation by security researchers at Human Security, a complex ad fraud scheme dubbed “Badbox” has been discovered on a global scale. The operation involves the presence of firmware backdoors on a range of Android-based TV streaming boxes and an Android…
Cleafy Raises €10 Million for Online Banking Fraud Prevention Platform Funding Round Led by United Ventures Online banking fraud prevention firm Cleafy has successfully raised €10 million ($10.7 million) in its first funding round, which was led by United Ventures. The Milan-based company, founded in 2014, offers a real-time fraud management solution that proactively identifies…
Cybercriminals Targeting Airbnb Accounts for Fraud on the Dark Web In recent months, cybersecurity researchers have uncovered a disturbing trend: cybercriminals are increasingly targeting Airbnb accounts for fraud on the Dark Web. These malicious actors are using various tactics, including phishing, stealer malware, and stolen cookies, to gain unauthorized access to Airbnb accounts. Once gaining…
UN Warns of Widespread Online Scams in Southeast Asia The Issue at Hand The United Nations Office of the High Commissioner for Human Rights has released a report highlighting the alarming rise of online scam operations in Southeast Asia. Criminal gangs are exploiting hundreds of thousands of vulnerable individuals, forcing them into carrying out unlawful…
Threat Actors Exploit ChatGPT Popularity to Create Malicious AI Tools Introduction ChatGPT, a generative AI-based app, has gained significant popularity due to its ability to generate human-like text. However, threat actors have taken advantage of this popularity and launched copycat hacker tools like FraudGPT and WormGPT. These tools are designed to promote malicious activities and…
Job Scams on the Rise: A Threat to Job Seekers The economic downturn caused by the global pandemic has dealt a devastating blow to job seekers worldwide. As if the situation wasn’t challenging enough, scammers are now taking advantage of vulnerabilities and ramping up their methods to swindle innocent individuals. Job scamming has become a…
Perimeter 81 Simplifies Network Security, Saving IT Managers Valuable Time With the rise of cryptocurrency, online security has become a more pressing concern than ever before. The prevalence of fraudulent schemes and phishing scams threatens individuals and businesses alike. As an IT Manager, it is your job to ensure the safety and security of your…