Today’s Fraud News from around the world:
AWS will start offering some customers free USB security keys: Amazon’s cloud computing division AWS will be handing out USB security keys to select customers, according to reports. The move is one of the initiatives by the company, following Amazon CEO Andy …: “Phishing” – BingNews
Domain Monitoring Must Be Utilised by Brands to Prevent Customers Becoming Casualties of Online Fraud: Unfortunately, both businesses and customers are suffering the most from the problem. Businesses suffer reputation problems and customers are tricked into paying for products or services that do not …: “Phishing” – BingNews
Cyber threats in the spotlight: Hackers, viruses, malicious phishing attacks and how to tackle them all will be up for discussion at Insider’s Cyber Secure online forum on 3 September.: “Phishing” – BingNews
The Coming AI Threats We Aren’t Prepared For: Imagine the scams cybercriminals could create with AI. Now let’s get going on the defenses before they happen.: “Phishing” – BingNews
Credential theft most prevalent threat to corporate inboxes: Credential theft continues to be the biggest threat facing organizations’ email inboxes, according to a new PhishLabs report. According to data pulled from the firm’s Quarterly Threat Trends & …: “Phishing” – BingNews
Ransomware Protection Market to Witness the Highest Growth Globally in Coming Years, Forecast 2021 to 2031: Snapshot Increased requirement of working from home among major worldwide work force during the COVID-19 pandemic has resulted into significant surge in the use of laptops and desktops. This scenario …: “Phishing” – BingNews
Gmail Security: How to Block Spam, Enable Two-Factor Authentication for Your Mail: Considering how Gmail is used on a daily basis by most of us to convey and receive important messages there are some tips and tricks that can make your experience efficient.: “Phishing” – BingNews
Phishing attacks increase as hackers take advantage of pandemic: A new report has found that 70% of organizations have seen increased phishing attacks since the pandemic began. According to Sophos’ Phishing Insights 2021, all sectors were affected, with central …: “Phishing” – BingNews
Scam Alert: Avoid a Big Mistake in a New Job: If you’ve just started a new job, criminals may have you in their sights. You’re eager to make a good impression, want to be a team player and are …: “Phishing” – BingNews
In a Hybrid Workplace, Men Are More Likely to Engage in Risky Behavior Than Women: Study: The likelihood of a complete return to the office post-pandemic is low; the probability of an ongoing hybrid home/office work environment is much higher. Security teams will need to continue and …: “Phishing” – BingNews
Fraud Prevention Tip: Scrutinise the payment methods – As an online retailer you need to know the types of payment methods and their pros and cons in terms of your business. For example regular credit cards (AMEX) tend to favour the cardholder in disputes (chargebacks sound familiar)? But they are still the most widely used payment method and you do have to look at the convenience of your customer. Paypal on the other hand is a more merchant friendly option and has advanced scam protection features and advanced machine learning capability that actively works to mitigate scam risk. On the other hand Paypal also authorises chargebacks it’s not totally fool proof. Cryptocurrencies are another popular payment method; the blockchain tech makes it nearly impossible for forced refunds and since there are records of all transactions it is undeniable by the customer. On the negative side the value of cryptocurrencies is quite volatile so what’s it worth today it might hold the same value the next day or it could be worth more.