Initial access brokers (IABs) are the invisible engine of modern cybercrime. They don’t execute ransomware attacks, but they do enable […]
Category: Cybercrime
Psst, wanna be a fraudster? Ordinary consumers are being lured into cybercrime
A new report from Sift reveals an alarming democratization of cybercrime, with 34 percent of consumers seeing offers to participate […]
Malware-as-a-Service accounts for 57 percent of all threats
A new report from Darktrace reveals that Malware-as-a-Service (MaaS) is now responsible for 57 percent of all cyber threats to […]
Fraud-as-a-Service allows cybercriminals to launch complex attacks with minimal skills
User-friendly fraud kits that enable amateurs to execute complex attacks against thousands of accounts in minutes are widely available on […]
Financially motivated hackers are helping their espionage counterparts and vice versa
On Thursday, researchers with the Symantec security firm reported on a collaboration that worked the other way—use by the RA […]
The AI arms race: How machine learning is disrupting financial crime
The financial services industry is in the midst of an unprecedented AI arms race. Criminal organizations are getting smarter, using […]