Today’s Fraud News from around the world:
The best Mac antivirus software of 2020: Mac antivirus apps have been regarded as rather superfluous in the past – at least by some folks – and there are probably those who believe that this remains the case even today. However, if you cast …: “Phishing” – BingNews
Coronavirus: Russian spies target Covid-19 vaccine research: They are also said to have tricked individuals into handing over login credentials with spear-phishing attacks. But one cyber-security expert said the Russians were unlikely to be the only ones …: “Phishing” – BingNews
Fauci says White House’s ‘bizarre’ attacks on him damage Trump – as it happened: President chastises his trade adviser, Peter Navarro, for op-ed criticizing Dr Anthony Fauci …: “Phishing” – BingNews
Researchers detail Tetrade family of Brazilian banking trojans: Cybersecurity researchers from Kaspersky detailed four Brazilian banking trojans targeting financial institutions in Brazil, Latin America and Europe. Dubbed the Tetrade by researchers, the malware …: “Phishing” – BingNews
Inside the dark world of Cozy Bear – the sinister Russian hacking group trying to steal Britain’s coronavirus vaccines: SINISTER Russian hackers Cozy Bear are back in the spotlight after striking again to try to steal Britain’s coronavirus vaccine. UK cyber-spies have accused the group of launching a new campaign …: “Phishing” – BingNews
How Russian hackers tried to breach UK Covid-19 vaccine research: The National Cyber Security Centre (NCSC) has warned that hackers linked to the Russian intelligence services are targeting those researching a coronavirus vaccine.The warning has been issued by the …: “Phishing” – BingNews
Survey reveals worst areas for cyber crime across UK: As cyber crime becomes more prevalent and more online accounts are being hacked as online transactions increase, a report has revealed the areas worst hit by the scammers. A new interactive map …: “Phishing” – BingNews
Bazar malware may be new tool in Trickbot arsenal: A new strain of malware loader and backdoor dubbed Bazar, which can be used to deploy additional malware and ransomware and exfiltrate data, is targeting healthcare, IT, manufacturing, logistics 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.