Security News
Europol has announced the arrest of 1,803 money mules out of 18,351 identified following an international money-laundering crackdown operation codenamed "EMMA 7.". O. Money mules are people who receive and transfer money on behalf of scammers and fraudsters, helping them launder the stolen amounts in exchange for a small cut.
An operation coordinated by INTERPOL codenamed HAECHI-II saw police arrest more than 1,000 individuals and intercept a total of nearly $27 million of illicit funds, underlining the global threat of cyber-enabled financial crime. HAECHI-II is the second operation in a three-year project to tackle cyber-enabled financial crime supported by the Republic of Korea and the first that is truly global in scope, with the participation of INTERPOL member countries on every continent.
As the holiday shopping season hits full stride, ecommerce retailers across Europe face a new era of malicious attacks spurred by a COVID-inspired transformation in ecommerce and a 350% increase in fraudulent online orders, according to data published by Signifyd. Retailers can expect a more perilous fraud landscape through the holiday shopping season and beyond.
Earning the globally recognized CISSP certification can take your cybersecurity career to new heights. The 2021² Cybersecurity Workforce Study found that participants with at least one cybersecurity certification earned U.S. $33,000 more in average annual salary compared to those without any certifications.
The Federal Bureau of Investigation warned today that online shoppers risk losing more than $53 million during this year's holiday season to scams promising bargains and hard-to-find gifts. "During the 2020 holiday shopping season, the FBI Internet Crime Complaint Center received over 17,000 complaints regarding the non-delivery of goods, resulting in losses over $53 million," the federal law enforcement agency said in a public service announcement issued through the Internet Crime Complaint Center.
Fraudsters, too, are out to grab their illicit share of the money changing hands in the weeks ahead. Especially susceptible to theft by fraud are millions of e-commerce merchants who are unprepared to identify and stop the bad transactions that should never be completed. Jupiter Research estimates that merchants will lose $130 billion worldwide to online payment fraud between 2018 and 2023.
The UK's National Cyber Security Centre says it warned the owners of more than 4,000 online stores that their sites were compromised in Magecart attacks to steal customers' payment info. In Magecart attacks, threat actors inject scripts known as credit card skimmers into compromised online stores to harvest and steal the payment and/or personal info submitted by customers at the checkout page.
Do concerns about security issues deter people from shopping online? Not according to a report from software security provider NTT Application Security. For its new report titled "The State of Secure Online Holiday Shopping," NTT surveyed 1,057 US consumers 18 and older who buy personal items online.
In this interview with Help Net Security, Mike Hendrickson, VP of Technology & Developer Solutions at educational technology company Skillsoft, talks about the effect these last few years have had on online cybersecurity learning and training, and the trends. What trends in online cybersecurity training have you been seeing in the last year or so?
Artificial Intelligence-powered remote proctoring tools are the solution for the cybersecurity industry and certification providers, especially those that examine independent IT security professionals. Is offering an online proctoring pilot test for cybersecurity certifications.