Online raiders are stealing IP addresses and converting them to cash by selling them to so-called proxyware services. Malicious actors are planting proxyware on computers without the owner’s knowledge, then selling the unit’s IP address to a proxyware service, making as much as US$10 a month for every compromised device, the threat research team at…
Tax fraud schemes in 2022 netted scammers $5.7 billion, more than twice the amount of the previous year, according to the Internal Revenue Service, and there doesn’t appear to be any letup in sight. While scams may be on the rise, the good news is that the core tactics used by fraudsters remain basically unchanged,…
A strong credential solution that promises cost savings for enterprises and better privacy for users was announced Monday by AU10TIX, an Israeli identity verification and management company. The firm stated it’s working with Microsoft on Reusable ID, a technology that uses verifiable credentials to enable enterprises to simplify and accelerate ongoing ID verification, reduce customer…
Digital Forensics Corporation is battling to protect and educate the public about a rapidly growing trend in cybercrime dubbed sextortion, where online predators target teens and young adults with threats to expose sensitive personal photos. The extortionists disguise their identity on social media platforms, claiming to have a revealing picture or video that they will…
The White House on Thursday released its long-expected National Cybersecurity Strategy. The new federal policy assigns much of the digital security responsibility to tech firms rather than more federal regulations. The policy document urges more mandates on the firms that control most of the nation’s digital infrastructure. It also preaches an expanded government role to…
Digital crooks — whom cybersecurity experts and law enforcement officials politely call bad actors — use elements of modern-day cyber communications to track your online activities. These elements are hiding in plain sight, but they are easy to reveal once you know where to find them. You can toss around false clues to hide your…
The year 2023 offers lots of promise and a whole lot of insecurity on the digital pathways — both for personal and business encounters. Technology continues to bring innovative business solutions while it also poses seemingly unsolvable cybersecurity challenges. Retail website crashes and supply chain disruptions used to be seasonal annoyances. Now they result from…
More online fraud, recession-resistant budgets, and continued talent shortages can be expected in 2023, according to cybersecurity pros who spoke with TechNewsWorld. Online fraud, driven by persistent supply chain shortages and bot proliferation, will continue to rise in the coming year, predicted Benjamin Fabre, co-founder and CEO of DataDome, maker of a bot and online…
Ransomware and distributed denial-of-service attacks significantly increased from October to November of this year, a cybersecurity research company reported Tuesday. NCC Group reported a 41% jump in ransomware attacks in November, to 265 from 188 in October, making November the most active month for the malware since April. During the same period in 2021, the…
Ask any security pro what’s the most effective protection against hackers and scammers, and they all point to one tool: multifactor authentication (MFA). It seems every sign-on today requires validating one’s account (note: not their identity) by text, app, email, or some other channel. The National Institute of Standards and Technology (NIST) considers MFA one…
