Some of the most successful and lucrative online scams employ a “low-and-slow” approach — avoiding detection or interference from researchers and law enforcement agencies by stealing small bits of cash from many people over an extended period. Here’s the story of a cybercrime group that compromises up to 100,000 email inboxes per day, and apparently does little else with this access except siphon gift card and customer loyalty program data that can be resold online.
From “Krebs On Security” Brian Krebs (9/02/2021)
The results of Appdome’s 2021 Mobile Consumer Survey of 10,000 global mobile consumers demonstrated the importance of assuring app users that their data is secure by implementing in-app security and malware protection across all Android and iOS apps. Thirty-eight percent of respondents said they care more about security than features in the apps they use, 37% said the opposite is true, and 25% said they care about app security and features equally.
From “Credit Union Times” Natasha Chilingerian (8/25/2021)
The pandemic and associated lockdowns increased the number of people conducting business online. That, in turn, led to a 328% increase in SMS text messaging scams in Q3 2020 compared to the previous quarter. The increase in scams has been particularly troublesome for individuals and organizations whose employees lack adequate security awareness; scammers are capitalizing on these easy targets. Can anything be done to stop them?
From “Forbes” Venky Balasubramanian (8/18/2021)