COVID-19 – Page 2 – Network Securitas

June 30, 2020

COVID-19 ‘Breach Bubble’ Waiting to Pop?

This post was originally published on this siteThe COVID-19 pandemic has made it harder for banks to trace the source of payment card data stolen from smaller, hacked online merchants. On the plus side, months of quarantine have massively decreased demand for account information that thieves buy and use to create physical counterfeit credit cards. But fraud experts say recent developments suggest both trends are about to change — and likely for the worse. The economic laws of supply and demand hold just as true in the business world as they do in the cybercrime space. Global lockdowns from COVID-19 […]

July 27, 2020

Business ID Theft Soars Amid COVID Closures

This post was originally published on this siteIdentity thieves who specialize in running up unauthorized lines of credit in the names of small businesses are having a field day with all of the closures and economic uncertainty wrought by the COVID-19 pandemic, KrebsOnSecurity has learned. This story is about the victims of a particularly aggressive business ID theft ring that’s spent years targeting small businesses across the country and is now pivoting toward using that access for pandemic assistance loans and unemployment benefits. Most consumers are likely aware of the threat from identity theft, which occurs when crooks apply for […]

August 6, 2020

Hacked Data Broker Accounts Fueled Phony COVID Loans, Unemployment Claims

This post was originally published on this siteA group of thieves thought to be responsible for collecting millions in fraudulent small business loans and unemployment insurance benefits from COVID-19 economic relief efforts gathered personal data on people and businesses they were impersonating by leveraging several compromised accounts at a little-known U.S. consumer data broker, KrebsOnSecurity has learned. In June, KrebsOnSecurity was contacted by a cybersecurity researcher who discovered that a group of scammers was sharing highly detailed personal and financial records on Americans via a free web-based email service that allows anyone who knows an account’s username to view all […]

August 21, 2020

FBI, CISA Echo Warnings on ‘Vishing’ Threat

This post was originally published on this siteThe Federal Bureau of Investigation (FBI) and the Cybersecurity and Infrastructure Security Agency (CISA) on Thursday issued a joint alert to warn about the growing threat from voice phishing or “vishing” attacks targeting companies. The advisory came less than 24 hours after KrebsOnSecurity published an in-depth look at a crime group offering a service that people can hire to steal VPN credentials and other sensitive data from employees working remotely during the Coronavirus pandemic. “The COVID-19 pandemic has resulted in a mass shift to working from home, resulting in increased use of corporate […]