Threats Without Borders Cyber-Financial Crime Investigation and Financial Industry Threat Intelligence in a Newsletter
Threats Without Borders - Issue 165 78 implied HN points • 16 Jan 24 🕹 Technology Cybercrime Ransomware Malware Scams Data Breach Paying ransomware rewards criminals and perpetuates the problem. Small businesses often face the dilemma of paying ransomware or shutting down. Outlawing ransomware payments may turn small business owners into criminals.
Threats Without Borders - Issue 167 58 implied HN points • 30 Jan 24 🕹 Technology Cybersecurity Privacy Mobile devices Different device identifiers include MAC Address, Serial Number, and IMEI for unique device recognition. EID and ICCID are specific identifiers for eSIM functionality and SIM cards on mobile networks. MEID, SEID, and others are additional unique identifiers used for specific device functionalities like eSIMs and NFC technology.
Threats Without Borders - Issue 164 78 implied HN points • 09 Jan 24 🕹 Technology Cybersecurity Ransomware Data Breach Identity Verification Online banks have a frictionless account creation process, raising concerns about identity verification. Regions Bank suffered significant losses due to changes in check holding policies. Security firm Emsisoft advocates for banning ransomware payments to discourage criminal behavior.
Threats Without Borders - Issue 166 58 implied HN points • 23 Jan 24 🕹 Technology Cybersecurity Hacking Data Breach Security Measures Scams Password spray attacks can be stealthy and evade detection for extended periods. Defend against password spray attacks by using strong, unique passwords and enabling multi-factor authentication. The cyber talent shortage is not about degree requirements but unrealistic job expectations.
Threats Without Borders - Issue 168 39 implied HN points • 06 Feb 24 🕹 Technology Cybersecurity AI Legal Finance Crime The New York State Attorney General is taking legal action against Citibank regarding fraud and cybersecurity issues. Financial institutions might be required to reimburse customers for funds lost to electronic fraud under the Electronic Funds Transfer Act. There are concerns about the use of deepfake technology in cybercrime, highlighting the importance of security controls and validation procedures.