In 2019, cybersecurity firm Group-IB exposed a Russia-based scam-as-a-service operation. This scheme, initially known as Classiscam, employed counterfeit classified advertisements and social engineering tactics to deceive individuals into purchasing non-existent products or services. Victims were manipulated into transferring money directly to the malicious actors or to their bank cards. Over the course of four years, […]

The post Popular ‘As-a-Service’ Operations Have Earned Cybercriminals over $64m appeared first on IT Security Guru.

In a significant blow to data security, the Police Service of Northern Ireland (PSNI) has fallen victim to a major data breach this week, resulting in the exposure of sensitive information to both officers and citizens, raising concerns about the potential implications for national security and personal privacy. The breach compromised highly sensitive data including […]

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API security company Salt Security has announced the appointment of Ori Bach to the Salt senior leadership team as executive Vice President of Product. With more than 15 years of experience leading product strategy at technology companies, Bach will define product vision and oversee the global product team, driving product roadmaps, customer input, and new […]

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Today, API security company Salt Security released the findings from its first industry-focused report on API security. The report, entitled ‘State of API Security for Financial Services and Insurance’, provides in-depth insight into significant API vulnerabilities and attacker activity within the finance and insurance industries. The report combines empirical data from Salt customers and findings […]

The post Report Finds That 70% of Financial Services and Insurance Companies Have Suffered Rollout Delays Due to API Security appeared first on IT Security Guru.