Kaspersky Fraud Prevention helps Indacoin halt fraudulent operations with cryptocurrency
One of cryptocurrency’s main benefits is the ability to conduct trusted transactions swiftly. However, the anonymous and decentralized nature of these transfers can be leveraged by fraudsters to ‘wash’ money or trick legitimate crypto investors. In order to keep their customers’ investments truly clean, exchange service Indacoin has adopted Kaspersky Fraud Prevent to halt this
What’s changing in cyberfraud and how to keep your business safe
As fast as ecommerce technology evolves, fraudsters find loopholes and new fraud schemes. What’s changing in cyberfraud, and what can your business do to prevent it? Today, ecommerce is a basic need. Customers expect speed and convenience, and the 2020 coronavirus lockdowns have only accelerated that demand. Swimming in that tide that raises all boats,
One-in-50 online transactions in the banking and e-commerce sectors were fraudulent in 2019
Last year, two percent of transactions in e-banking and online retail were carried out by fraudsters and 16% of transactions were suspicious and required further investigation, according to analysis of events identified by Kaspersky Fraud Prevention. The most common malicious activity found was the use of malware or remote access tools. In e-commerce in particular,
How to mitigate the impact of deepfakes
Deepfakes are just one unfortunate product of recent developments in the field of artificial intelligence. Fake media generated by machine-learning algorithms have gained a lot of traction in recent years. Alyssa Miller’s talk at RSA Conference 2020, titled Losing our reality, provides some insights on why it’s time to consider deepfakes a threat — election year
Protecting your Steam account from scammers and trolls
If you are reading this post, it’s safe to assume that you have a Steam account. Unfortunately, in addition to Steam’s millions of bona fide gamers, the platform includes scammers looking to profit at others’ expense. We tell you the security and privacy settings you can use to guard against them. How to protect your Steam
Are scammers tired of bitcoin?
Scammers pretending to have hacked and shot video of people watching porn is not exactly news. However, from time to time the scheme gets a new twist. Last time, it was alleged CIA involvement to heighten the threat — the supposedly watched adult video was of an illegal sort. The purpose of these tales is to panic the user
Russian speaking hacking group is attacking banks in Sub-Saharan Africa, according to Kaspersky
Kaspersky security researchers have reported on thousands of notifications of attacks on major banks located in the Sub-Saharan Africa (SSA) region. The malware used in the attacks indicates that the threat actors are most likely to be an infamous Silence hacking group, previously known to be responsible for the theft of millions of dollars from
Can dark web monitoring move you one step ahead of cybercriminals?
Imagine if it didn’t take an average of 190 days to identify a data breach and then a further 57 days to contain it. Imagine if instead you could cut down those times to just a few days or even a few hours, mitigating the effects of a data breach and minimize long-term damage to your organization.
The new era of machine learning–aided scams
New technologies are clearly changing the world, but not the human psyche. As a result, evil geniuses are devising new technological innovations to target vulnerabilities in the human brain. One vivid example is the story of how scammers mimicked the voice of an international CEO to trick the head of a subsidiary into transferring money
What you need to know about cyber fraud in car sharing services – a study of 13 car sharing apps
Cyber fraud in car sharing services has been booming in the digital era. The growing popularity of car sharing services has led some experts to predict an end to private car ownership in big cities. The statistics appear to back up this claim: for example, in 2017 Moscow saw the car sharing fleet, the number of active
Fraud in retail & e-commerce – who is in the bonus really?
There’s no doubt that loyalty schemes are a winning way to keep your customers loyal and grateful for your service and products. However, have you ever wondered who’s being lured into these e-commerce sales tricks even more so than your devoted customers? We suggest it’s fraudsters, and according to our latest research the schemes they
Kaspersky Lab rolls out services to protect blockchain and crypto businesses from cyberattacks and fraud
Cybersecurity giant Kaspersky Lab has launched new service packages for crypto and blockchain businesses to protect them from cyberattacks and fraud. With the proliferation of blockchain and crypto-focused businesses, cybersecurity risks are also on the rise. In the past two years, Kaspersky Lab said that its experts have identified a number of such risks and threats such as phishing
South Africans most susceptible to online banking attacks
ByRobin-Leigh Chetty AfricaCom 2018 is taking place this week which means some of the top organisations on the continent will be descending on Cape Town to discuss the current technology landscape and look to how things can be improved. One organisation with a focus on cybersecurity is Kaspersky Lab, and they will be showcasing some of their
Using our bodies as secure ID – when do we worry?
By Marco Preuss You are uniquely you From your walk to your heartbeat, your body is unique – and the ID industry wants to use that. This isn’t because they’re creepy, it’s because over the last few years the world has discovered that traditional approaches to confirming identities, particularly online, don’t work anymore. A determined attacker with
Kaspersky debuts Fraud Prevention solutions
By Staff Writer, ITWeb Securing digital growth The company says the rapid growth of digital channels has seen online fraud become a problem for a wide range of businesses beyond the finance sector, including loyalty programme providers and eCommerce entities. These businesses need to improve the security of online transactions and lower the risk of
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