Today’s Fraud News from around the world:
Safaricom makes it harder for crooks to register sim cards using your ID number: Safaricom has introduced a new feature set to protect customers through SMS notifications whenever their ID number is being used to register for a new line without the owner’s consent. The security …: “Phishing” – BingNews
Safaricom makes it tougher for crooks to register sim cards using your ID number: Safaricom has introduced a new feature set to protect customers through SMS notifications whenever their ID number is being used to register for a new line without the owner’s consent. The security …: “Phishing” – BingNews
FS-ISAC launches Intelligence Exchange to help financial services tackle cyber threats: With Covid-19 creating new cyberthreats, cybersecurity consortium FS-ISAC develops a new intelligence sharing portal.: “Phishing” – BingNews
Cyberattacks A Looming Threat To US? How To Maintain A Resilient Business In A Disrupted World: In a survey, 85% of IT professionals said they are somewhat to extremely worried about cyberattacks that can be launched against home users.: “Phishing” – BingNews
Why Employees Are Exposed to Cyberattacks While Working From Home: Working from home has boomed during the coronavirus outbreak, but a new survey said that 73 percent of employees had not received cybersecurity guidance …: “Phishing” – BingNews
7 Online Banking Safety Tips You Should Know by Heart: You need to be aware of these practices and follow them at all times. Banking online has made managing money a lot more convenient than it used to be. We don’t have to visit the bank to transfer our …: “Phishing” – BingNews
Social Security Scams and Other Frauds Are Spiking During the Pandemic. What to Look For.: With coronavirus-relief payments circulating and many Americans in isolation amid the pandemic, scammers are seizing on the moment to exploit the fear and uncertainty the outbreak is creating. Seniors …: “Phishing” – BingNews
Here are 6 tips for staying safe online during the coronavirus pandemic: Internet use has surged during the coronavirus pandemic as people find themselves stuck at home due to government-imposed lockdowns aimed at containing the spread of the virus. The unprecedented …: “Phishing” – BingNews
Police urge anyone suspicious of emails to use reporting service: Police in Cumbria are urging anyone who receives a suspicious email to forward it to the Government’s specialist reporting service.: “Phishing” – BingNews
Week in review: Kali Linux 2020.2, sensor-based ransomware detection, 10 most exploited vulns: Here’s an overview of some of last week’s most interesting news, articles and podcasts: Have you patched these top 10 routinely exploited vulnerabilities?: “Phishing” – BingNews
Fraud Prevention Tip: 3-D Secure: A somewhat recent technological development, in this system a there is an added layer of confirmation and security to ensure that fraud related incidents are minimized. It includes or spans three domains, hence the name 3-D . The first one is the acquirer domain which represents the bank and the merchant to whom money is being paid. The second one is the issuer domain which represents the bank which issued the card being used. The last one is the Interoperability Domain this represents the infrastructure provided by the card scheme, credit, debit, prepaid or other type of finance card, to support the 3-D Secure Protocol. This can be the Internet or a telecom service provider. For example a code could be sent to the customer’s registered cell phone number with issuer domain, and the customer would have to enter in the given code to proceed with the online transaction.