Table of Contents Cybercriminals are always looking for the new weak link and social media is a point of vulnerability for many businesses. As it becomes more common for social media to be used for and by businesses, the opportunity for cybercriminals to use social media in their attacks grows. Social media is an essential tool for networking, events, advertising, keeping up with trends and more.
PSD2 and Open Banking have been around for a few years now. Each aims to disrupt and future proof the financial services market following the vast technological advancements that occurred over the last two decades, and have left the industry with legacy processes and a lack of legislature to cope with emerging challenges.
Netacea’s Threat Research team works diligently to keep a close eye on emerging bot threats, ensuring we stay one step ahead of cybercriminals and hackers. The team recently completed an exclusive investigation into the Genesis Market, an illegal online marketplace for stolen credentials. While many underground markets for stolen credentials operate from the anonymity of the dark web, Genesis Market is accessible from the open web.
According to Netacea’s latest research ‘The Bot Management Review: the challenge of high awareness and limited understanding’, 95% of financial services surveyed stated that they had experienced a bot attack over the past two years. Since financial services often store highly sensitive and personal information, it is essential that the security measures that they have in place can detect even the most sophisticated of bots.
Traditionally, when selecting a bot management solution, businesses have chosen a multi-purpose security bundle bolted on to a content delivery network (CDN), typically a product such as an Akamai or CloudFlare CDN. While bolt-on bot solutions have their benefits, they lack the comprehensive feature set needed to combat the ever-growing bot threat.
Manchester, 25th March 2021 – Netacea, a bot detection and mitigation specialist, has made its services available through Salesforce Commerce Cloud. Users of the SaaS eCommerce platform will be able to quickly integrate Netacea’s technology and protect against malicious bots. Commerce Cloud is Salesforce’s platform for B2B and B2C commerce, empowering brands to create enhanced shopping experiences across all channels.
As we all prepare for a new life after Covid-19, more businesses than ever are looking at expanding their digital presence and making online their number one channel. Despite this, many are unaware and ill-prepared for the threats facing them as we all transition to a “new normal”. Thanks to the rollout of vaccines, the threat of Covid-19 is steadily diminishing and businesses are set to resume normal service.
Countless phishing attempts are made every day, and with Covid-19 causing many organisations to move to remote working, phishing attacks have massively increased over the last year. In fact, last year’s Phishing and Fraud Report found that phishing incidents rose 220% during the height of the global pandemic compared to the yearly average.
Protecting yourself when paying online is very important. It’s a scary thought, but fraudsters have lots of ways to sneak in and steal credentials, bypass security and make victims of online shoppers. As we have discussed previously on this blog, criminals don’t just rely on traditional “hacks” to exploit technology. Increasingly, bad actors are using sophisticated bots to exploit business logic in order to breach security and carry out attacks.
