A serial criminal is taking phones from gym lockers and using them to remove thousands of pounds from bank accounts.
Circles.Life was given an AUD199,800 fine and will pay another AUD100,000 to compensate customers after failing to perform identity checks that would have stopped frauds.
Security researcher Brian Krebs reviewed leaked Telegram chats between two childish members of the LAPSUS$ hacker-extortion gang.
The gang had already stolen GHC200,000 (USD27,000) before they were caught using mobile apps to make three more bank withdrawals.
The Australian Communications and Media Authority (ACMA) wants telcos to use multi-factor authentication for all ‘high risk’ customer interactions.
Safe-Inet advertised its ‘bulletproof’ virtual private network services on black hat forums.
SpyCloud identifies vulnerable online accounts by checking them against their library of compromised credentials.
EE’s platform allows other businesses to check if a customer’s SIM has been replaced, or whether their calls are being diverted.
Banks and other businesses can safeguard against account takeover fraud by checking if a customer’s SIM has recently been replaced.
Criminals took control of 900 accounts for a new payments app from the Japanese operators of 7-Eleven convenience stores.