Verizon – Network Securitas

April 29, 2016

A Dramatic Rise in ATM Skimming Attacks

This post was originally published on this siteSkimming attacks on ATMs increased at an alarming rate last year for both American and European banks and their customers, according to recent stats collected by fraud trackers. The trend appears to be continuing into 2016, with outbreaks of skimming activity visiting a much broader swath of the United States than in years past. Two network cable card skimming devices, as found attached to this ATM. In a series of recent alerts, the FICO Card Alert Service warned of large and sudden spikes in ATM skimming attacks. On April 8, FICO noted that its fraud-tracking […]

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 […]

August 23, 2016

A Life or Death Case of Identity Theft?

This post was originally published on this siteIdentity thieves have perfected a scam in which they impersonate existing customers at retail mobile phone stores, pay a small cash deposit on pricey new phones, and then charge the rest to the victim’s account. In most cases, switching on the new phones causes the victim account owner’s phone(s) to go dead. This is the story of a Pennsylvania man who allegedly died of a heart attack because his wife’s phone was switched off by ID thieves and she was temporarily unable to call for help. On Feb. 20, 2016, James William Schwartz, 84, was […]

May 2, 2017

Breach at Sabre Corp.’s Hospitality Unit

This post was originally published on this siteBreaches involving major players in the hospitality industry continue to pile up. Today, travel industry giant Sabre Corp. disclosed what could be a significant breach of payment and customer data tied to bookings processed through a reservations system that serves more than 32,000 hotels and other lodging establishments. In a quarterly filing with the U.S. Securities and Exchange Commission (SEC) today, Southlake, Texas-based Sabre said it was “investigating an incident of unauthorized access to payment information contained in a subset of hotel reservations processed through our Hospitality Solutions SynXis Central Reservations system.” According to […]