Unprecidented growth of fraudulent online shopping portals Europol’s recent intervention is a reminder that fraudulent online shopping portals are not just a consumer issue but a global economic and security challenge.
UK banks and telecom giants launch "Scam Signal" to stop fraud in real time UK Finance and GSMA's "Scam Signal" unites major UK banks and telecom operators to fight APP fraud through real-time alerts. Leveraging live call data and bank APIs, the tool helps detect suspicious transactions, enabling rapid intervention and reducing scam incidents by up to 41%.
New phishing scam targets banking credentials through Bing search results A new phishing scam targeting KeyBank users on Bing search results is redirecting users to fake login pages that capture credentials. Hackers use advanced cloaking tactics to evade detection, with sites appearing ahead of the official bank page.
Canadian hacker suspected in Snowflake data breaches arrested after months of high-profile attacks For more than a week Judische, the hacker linked to the AT&T, Ticketmaster and other breaches, has not been responding to messages. That's because he's been arrested.
South Africa’s telecom industry ignores consumer safety as 60% exposed to fraud South Africa’s telecom industry faces a fraud epidemic, yet fails to protect its consumers, leaving 60% vulnerable to scams. Unlike global counterparts, local providers lack coordinated efforts to combat this crisis, risking consumer trust, financial security, and the nation’s digital reputation.
Could South Africa’s Cyber Crimes Act Be the Game Changer in the Fight Against Digital Fraud? South Africa’s Cyber Crimes Act, if rigorously enforced, could transform the fight against spoofing and digital fraud. With strong leadership and compliance measures, the Act has the potential to restore public trust, setting South Africa as a leader in cybersecurity standards globally.
ALERT: Critical FortiManager Vulnerability The ASD's ACSC is tracking a critical vulnerability in FortiManager devices, actively being exploited. With a CVSSv3 score of 9.8, Australian organizations must review their networks and apply the vendor’s patch immediately. Patch details are available at PSIRT | FortiGuard Labs.