avivah litan

June 22, 2016

Rise of Darknet Stokes Fear of The Insider

This post was originally published on this siteWith the proliferation of shadowy black markets on the so-called “darknet” — hidden crime bazaars that can only be accessed through special software that obscures one’s true location online — it has never been easier for disgruntled employees to harm their current or former employer. At least, this is the fear driving a growing stable of companies seeking technical solutions to detect would-be insiders. Avivah Litan, a fraud analyst with Gartner Inc., says she’s been inundated recently with calls from organizations asking what they can do to counter the following scenario: A disaffected or disgruntled employee creates […]
July 15, 2016

Cybercrime Overtakes Traditional Crime in UK

This post was originally published on this siteIn a notable sign of the times, cybercrime has now surpassed all other forms of crime in the United Kingdom, the nation’s National Crime Agency (NCA) warned in a new report. It remains unclear how closely the rest of the world tracks the U.K.’s experience, but the report reminds readers that the problem is likely far worse than the numbers suggest, noting that cybercrime is vastly under-reported by victims. The NCA’s Cyber Crime Assessment 2016, released July 7, 2016, highlights the need for stronger law enforcement and business partnership to fight cybercrime. According […]
August 13, 2016

Visa Alert and Update on the Oracle Breach

This post was originally published on this siteCredit card industry giant Visa on Friday issued a security alert warning companies using point-of-sale devices made by Oracle‘s MICROS retail unit to double-check the machines for malicious software or unusual network activity, and to change passwords on the devices. Visa also published a list of Internet addresses that may have been involved in the Oracle breach and are thought to be closely tied to an Eastern European organized cybercrime gang. The Visa alert is the first substantive document that tries to help explain what malware and which malefactors might have hit Oracle — and […]
December 2, 2016

Visa Delays Chip Deadline for Pumps To 2020

This post was originally published on this siteVisa this week delayed by three years a deadline for fuel station owners to install payment terminals at the pump that are capable of handling more secure chip-based cards. Experts say the new deadline — extended from 2017 — comes amid a huge spike in fuel pump skimming, and means fraudsters will have another three years to fleece banks and their customers by installing card-skimming devices at the pump. Until this week, fuel station owners in the United States had until October 1, 2017 to install chip-capable readers at their pumps. Under previous Visa […]