Our friends at BlackBerry recently released an in-depth blog post on a campaign by threat actors targeting online payment businesses that discusses what happens from initial compromise to the skimmer scripts themselves. You can read their blog here. This blog is focused on what we found across the AT&T Cybersecurity customer base as we looked for the indicators of compromise (IOCs) identified in the BlackBerry blog and on the quick-follow up analysis we performed and provided to our customers.
In the rapidly evolving digital landscape, artificial intelligence is a two-sided coin. Fraud protection software, like INETCO BullzAI, harnesses artificial intelligence (AI) technologies to offer fraud protection against financial criminals and cyber attackers. Conversely, fraudsters can weaponize the same technology to steal funds. A prominent example of this connection is synthetic identity fraud. This payment fraud vector often employs AI and deepfakes.
Although both debit and credit cards provide easy methods of payment, credit cards have better fraud protection which makes them more secure to use online. Credit card fraud can easily happen through security breaches or cyberattacks that steal your payment card information. It’s important to use the most secure payment method to protect yourself from the damaging effects of credit card fraud.
Each year, the BC Tech Association celebrates the remarkable achievements of the British Columbia technology community through the Technology Impact Awards (TIA). The Gamechanger – Ambition Award, is a testament to a company’s drive to address significant challenges, lead with conviction, and leverage technology to shape a better future.
In the critically acclaimed, Oscar-winning 2019 film Parasite, a family’s cunning scheme to infiltrate a wealthy family’s home is a vivid metaphor for the stealthy and calculated maneuvers of advanced persistent threats (APTs) in the digital realm.
In bustling metropolises and rural communities alike, changes in the world of payments are forcing businesses to move at the speed of light. Whether you operate your business from a towering skyscraper or a busy village market, you must deal with dynamic evolutions in digital payments. From instant payments to super apps to embedded finance, businesses are embracing new ways to separate consumers from their money safely.
Ali Solehdin – Digitaltransactions.net – August 11, 2023 Instances of electronic benefits transfer (EBT) fraud have become more prevalent in the United States as criminals become more brazen and increasingly prey on society’s most vulnerable.
Once upon a time, there was a small business owner named Alice, who fought to keep her retail establishment afloat amid the stormy seas of a global pandemic. Like many other merchants, she embraced the digital revolution and moved her store online. This allowed her to reach more customers and keep her business buoyant. Her store, Alice’s Wonderland, offered a vibrant range of local handicrafts that started garnering attention on social media. It was a tale of small business success.
Ali Solehdin – The Banking Exchange In 2022 alone, the Supplemental Nutrition Assistance Program (SNAP) distributed over $113.9 billion to nearly 22 million households across the United States. This figure represents an increase of over $5 billion from the year prior and nearly a $40 billion increase from 2020. Unfortunately, as the SNAP allocation has increased, criminals — from individuals to organized crime rings — have stolen an increasing share of these benefits.
