hack attacks

Kaspersky Lab Unearths Dark Web e-Shop that Sells Stolen Digital Identities

Kaspersky Lab Unearths Dark Web e-Shop that Sells Stolen Digital Identities

Kaspersky Lab has shared the results of an investigation that has troubling implications for digital security providers, exposing a massive darknet e-shop that sells stolen digital identities. The storefront is called Genesis, and its vendors are able to copy and even create unique ‘digital masks’ – profiles associated with behavioral and device data that some…

Enterprise Biometrics Month: Passwords go into Retirement

Enterprise Biometrics Month: Passwords go into Retirement

There are a lot of moving parts to a business, and prime among them is the people who work there. So it’s no wonder that the enterprise sector has become one of the most active segments of the global biometrics market over the last several years. Identity management has always been a critical component of…

Corporate Treasury Represents a Highly Attractive Target to Fraudsters: BioCatch

Corporate Treasury Represents a Highly Attractive Target to Fraudsters: BioCatch

It’s a new year, but the digital threats of 2018 remain at large. Accordingly, BioCatch is once again honing in on a specific vulnerability to showcase how sophisticated security technology – namely behavioral biometrics – can be used to guard against such threats. In its latest blog post, BioCatch puts the spotlight on corporate treasury,…

Will 2019 be the Year Biometric Systems are Truly Tested by Hackers?

Will 2019 be the Year Biometric Systems are Truly Tested by Hackers?

“…2019 could be a year in which major hack attacks demonstrate which biometric security systems are truly effective and which are outdated, if Experian’s prediction is proven right.” Experian’s sixth annual Data Breach Industry Forecast finds biometrics in the crosshairs. Assessing the five major security threats expected for 2019, the report predicts that hackers will…

Australian Officials Suggest the Era of the Data Breach Will Continue

Australian Officials Suggest the Era of the Data Breach Will Continue

New statistics on data breaches from Australian officials suggest that “this problem isn’t going away any time soon,” suggests Gemalto. As the company’s latest blog post explains, the Office of the Australian Information Commissioner implemented its Notifiable Data Breaches scheme in late February, introducing new requirements compelling organizations to notify individuals of data breaches that…

Social Media Has Become Key Threat Vector in Data Breaches: BLI

Social Media Has Become Key Threat Vector in Data Breaches: BLI

The disturbing trends continue in Gemalto‘s latest update from its Breach Level Index, a database aimed at recording global data breaches. Gemalto has issued its findings from the first half of 2018. The good news is that, compared to the same period last year, the number of data breaches isn’t up all that much at…

Code Hack Allows for Creation of Fraudulent Aadhaar Identities, Report Alleges

Code Hack Allows for Creation of Fraudulent Aadhaar Identities, Report Alleges

“Responding to the report today, the UIDAI issued a statement in which it reaffirmed that each Aadhaar identity is linked to 10 unique fingerprints and a pair of irises, and that these biometrics are checked against the entire Aadhaar database for duplicate entries, so it is therefore ‘not possible’ to create fraudulent entries in the…

Data Theft to Jump 175 Percent by 2023: Juniper Research

Data Theft to Jump 175 Percent by 2023: Juniper Research

Juniper Research is predicting a significant jump in data breaches over the coming years. In a new report entitled “The Future of Cybercrime & Security”, the market research firm predicts that the number of stolen digital records will rise from an anticipated 12 billion records this year to 146 billion records in 2023 – a…

Study Highlights Emotional Impact of Identity Theft

Study Highlights Emotional Impact of Identity Theft

People don’t like having their identities stolen. That’s the key takeaway from new research from the University of Texas at Austin Center for Identity. The academic institution’s newly published “2018 Identity Theft Assessment and Prediction Report” highlights the emotional impact of identity theft, fraud, and online abuse, and the findings are perhaps predictable. According to…

Phishing Tool Uses Facial Recognition to Track Down Targets’ Social Media Accounts

Phishing Tool Uses Facial Recognition to Track Down Targets’ Social Media Accounts

With facial recognition technology now causing some serious consternation and controversy through its use in public surveillance, it’s now poised to grow more invasive on social media as well. The credit goes to Trustwave, which has developed a new system called Social Mapper that uses facial recognition technology to automatically identify individuals’ social media accounts.…

FIDO Emphasizes Need For Strong Authentication in Wake of Timehop Breach

FIDO Emphasizes Need For Strong Authentication in Wake of Timehop Breach

Earlier this month, the company behind Timehop, a social media ‘time capsule’ app that shows users their older posts, revealed that it had suffered a data breach affecting 21 million users. And while the attack was not particularly exceptional as far as data breaches go, it nevertheless offers some food for thought, as FIDO Alliance…

Hack Attacks Did Not Breach Biometric Data, Comelec Says

Hack Attacks Did Not Breach Biometric Data, Comelec Says

The Philippines’ Commission on Elections (Comelec) is insisting that voters’ biometric data was not breached in recent hack attacks against its website. The attacks occurred toward the end of last month, with Comelec’s website first being defaced by Anonymous Philippines, followed by the posting of voter data by a group called Lulzsec Pilipinas. That data…

Upgraded Smarter Authentication Platform Offers Stronger MITM Protection

Upgraded Smarter Authentication Platform Offers Stronger MITM Protection

Encap Security has released a new version of its flagship platform, with Smarter Authentication v. 3.1 offering even more robust security against hack attacks. Smarter Authentication essentially aims to use mobile devices as security credentials, leveraging contextual data as well as biometric scanning for authentication purposes. The system already supported Apple’s Touch ID and Samsung…