Today’s Fraud News from around the world:
Ransomware, Once Hidden In The Shadows, Is Now An International Concern: Once a cyberattack like this inhibits the ability of normal Americans to fill their gas tanks, we can officially suggest that ransomware has gone mainstream. Ransomware And Public Perception A …: “Phishing” – BingNews
Kingston Police warn public of multi-layered Microsoft scam: The email uses the recipient’s actual Microsoft username and directs them to click a button to open a shared Microsoft Excel file.: “Phishing” – BingNews
Armorblox Joins Internet2’s Research and Education Community as Industry Member: Armorblox, an email security innovator, has joined Internet2’s research and education community as an industry member.: “Phishing” – BingNews
Terranova Security Announces Registration For Third Edition Of The Gone Phishing Tournament, Phishing Global Benchmarking Report: PRNewswire/ – Terranova Security has announced registration for the 2021 edition of the Gone Phishing TournamentTM event, scheduled to take place in …: “Phishing” – BingNews
Announcing Gravyty 4.0: This is AI for Fundraising: As the first and leading artificial intelligence (AI) company serving the Social Good sector, Gravyty has seen unprecedented growth in the demand for fundraiser enablement powered by AI. Today, the …: “Phishing” – BingNews
Phishing attacks increase in H1 2021, sharp jump in crypto attacks: Overall, the first half of 2021 shows a 22 percent increase in the volume of phishing attacks over the same time period last …: “Phishing” – BingNews
Phishers’ interest in users in Armenia drops sharply: Phishers’ interest in users in Armenia has sharply decreased, according to the representative of Kaspersky Lab in Armenia.: “Phishing” – BingNews
KnowBe4 Launches Resource Kit to Defend Against Mounting Cyber Attacks: KnowBe4, the provider of the world’s largest security awareness training and simulated phishing platform, today launched a resource kit in recognition of Cybersecurity Awareness Month in October.: “Phishing” – BingNews
Ransomware Attacker Offers Employees a Cut if They Install DemonWare on Their Organization’s Systems: Researchers masqueraded as a rogue employee to engage with a ransomware operator soliciting insiders to plant ransomware on their own organization’s servers in exchange for a portion of the ransom …: “Phishing” – BingNews
Why Everyone should use a VPN in 2021: A VPN protects your sensitive information and prevents pop-up ads and phishing sites. NordVPN is the world’s most popular security and privacy app used by over 14 million people worldwide. By …: “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.