Showing posts with label fraudulent. Show all posts
Showing posts with label fraudulent. Show all posts

Monday, October 30, 2017

A Hacker's Tool Kit - Cybercrime is growing ever more pervasive—and costly.

Cybercrime is growing ever more pervasive—and costly. According to researcher Cybersecurity Ventures, the annual cost of cybercrime globally will rise from $3 trillion in 2015 to $6 trillion in 2021. Enabling this boom are thriving marketplaces online, where hackers sell tools and services to criminals. Virtually anything is available for the right price, points out Andrei Barysevich, director of advanced collection (“a fancy name for ‘spy,’ ” he says) at threat intelligence firm Recorded Future. A former consultant for the FBI’s cybercrime team in New York, Barysevich trawled the shadiest corners of the web to compile the cybercrime shopping list above, exclusively for Fortune. In the market for some basic malware? It’ll cost you as...

Monday, October 16, 2017

WPA2 security flaw puts almost every Wi-Fi device at risk of hijack, eavesdropping

A security protocol at the heart of most modern Wi-Fi devices, including computers, phones, and routers, has been broken, putting almost every wireless-enabled device at risk of attack. The bug, known as "KRACK" for Key Reinstallation Attack, exposes a fundamental flaw in WPA2, a common protocol used in securing most modern wireless networks. Mathy Vanhoef, a computer security academic, who found the flaw, said the weakness lies in the protocol's four-way handshake, which securely allows new devices with a pre-shared password to join the network. That weakness can, at its worst, allow an attacker to decrypt network traffic from a WPA2-enabled device, hijack connections, and inject content into the traffic stream. In other words: this...

Monday, August 17, 2015

Mcommerce fraud rate higher on Android devices

Mobile commerce fraud rate is higher on Android devices, a recent report points out. According to data from Kount, a provider of fraud detection technology, instances of fraud on Android devices was 44% higher than on iOS devices in 2014. The same source mentions that until 2013, fraud on iOS devices was more frequent than on Android, but currently, this has significantly changed. Findings indicate that Android’s US platform share has increased substantially since 2013. Android’s US platform share increased from 51.5% in June 2013 to 66.1% in June 2015, according to Kantar Worldpanel, while iOS's share declined from 42.5% to 30.5% during the same period. Fraud likely occurs on Android more often than iOS because there are now more Android devices. The report has also unveiled that mobile...

 
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