Today’s Fraud News from around the world:
The best WiFi 6 home networking tech to upgrade your setup: Wifi 6 is here – making its way to more and more devices, with a noteworthy inclusion on last year’s flagship iPhone 11 lineup. This next-generation Wifi technology provides faster speeds for …: “Phishing” – BingNews
How has COVID-19 influenced the telecoms industry so far?: The coronavirus pandemic forced the world into some very dramatic changes, with connectivity critical for continuity; but what are the trends worth keeping an eye on now?: “Phishing” – BingNews
Government Officials, and Insurers, in Fight Against COVID-19 Fraud: In his Insurance Fraud column, Evan H. Krinick discusses fraud related to the COVID-19 pandemic relating to everything from loans under the Paycheck Protection Program (PPP) to mis-labeled and missing …: “Phishing” – BingNews
What is 2FA? Two-Factor Authentication explained: Everything you need to know about 2FA (Two-factor authentication), one of the simplest and most effective strategies for improving account security.: “Phishing” – BingNews
One person in custody after hourslong standoff in Anderson County: One person has been taken into custody after an hourslong standoff in Anderson County. Deputies were called to a home on the 1500 block of Elberton Highway around 2 a.m. Thursday for reports of a …: “Phishing” – BingNews
Maritime Data for Sale On the Dark Web: Two separate ransomware attacks on a major shipping firm highlight the need for improved cyber security training in the maritime industry.: “Phishing” – BingNews
HSBC customers targeted in new smishing scam: SMS phishing scam is targeting HSBC customers in the UK to trick them into handing over their bank account details.: “Phishing” – BingNews
HSBC App phishing scam targeting workers using SMS during Covid-19 outbreak: A new HSBC-branded phishing scam is doing the rounds, targetting workers with a fake text message and directing them to a scam website, cyber experts warn of the risks …: “Phishing” – BingNews
Microsoft doubles down on app-based consent phishing attacks in Cloud: Microsoft has said it will double down on its investments and efforts to ensure its application ecosystem is secure, by enabling customers to set policies on the types of apps users can consent to …: “Phishing” – BingNews
3 ways to keep your devices, yourself and your data safe during COVID-19: But the good news is – there are three simple steps everyday Americans can take to keep their devices, and the data on them, safe from cyber-attacks. HOW TO HOST SECURE ZOOM MEETINGS WHILE WORKING …: “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.