Social Engineering stories
Fraud losses could fall if banks, merchants and regulators align on earlier intervention, Ecommpay says in a new report.
Customers can now quiz Starling's app before sending money, as UK fraud losses climb and romance scams hit savers hardest.
Despite reported gains, fewer than one in four UK organisations trust their cyber defences to withstand a major incident, a survey found.
Industry experts warn that reimbursement is masking the scale of scams, as APP losses climbed 19% to GBP £576.4 million last year.
Phishing is becoming harder to spot as attackers use encryption and AI-generated sites to target organisations more effectively.
Banks must shift to real-time, networked defences as organised scams now move money through customer-authorised payments in minutes.
Existing phishing and fraud tactics are becoming faster, cheaper and harder to detect, raising the risk for large organisations, ReliaQuest said.
Organisations risk missed exposures as cloud, APIs and AI systems change far faster than annual security checks can keep up.
AI-driven phishing is forcing buyers to favour platforms that cut false positives and blend email defence with user training, Frost & Sullivan said.
The scam network's fake texts may have reached millions of Android users, with authorities linking it to major card theft and losses.
More than half of countries surveyed now say cybercrime makes up 30 per cent of recorded offences, as phishing and ransomware spread fast.
A single phishing email can now compromise identities, bypass multifactor authentication and hit endpoints within five minutes, Barracuda said.
The promotion puts KnowBe4's product strategy under an internal engineering veteran as the company expands defences against AI-driven threats and human error.
BlueVoyant says a ClickFix malware campaign using fake browser updates is linked to the Rapid Brigantine ransomware ecosystem.
Trusted software is giving cybercriminals persistent access to PCs, making attacks harder to spot and raising the risk of data theft.
Weak passwords and outdated access rules are leaving small businesses exposed as AI speeds up phishing, credential theft and network probing.
The hire comes as firms face rising identity fraud risks in account recovery, device enrolment and privileged access workflows.
The return of highly significant incidents has renewed pressure on New Zealand organisations to tighten defences after losses jumped to NZD $5.6 million.
Ransomware losses and third-party risks are testing policy limits as Willis data show most breach costs are still covered.
Android users will get a warning when a supposedly familiar caller may be spoofed, as deepfake-enabled scams rise.