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Security

Emerging Field of Social Physics Shows Promise in Cybercrime Detection

“As long as the data involves human activity, regardless of the type of data or the demographics of the users, similar behavioral dynamics apply. These patterns can be used to detect emerging behavioral trends before they can be observed by other data analytics techniques. And among those trends in which social physics may prove useful: […]
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Domains

What’s Wrong With Your Venmo Account, and How to Fix It

“Few social-media experiences have made me cringe more than viewing my “friend” list on the peer-to-peer payment app Venmo for the first time. Seeing the names of people I’d been on dates with years ago was jarring. Seeing someone I’d blocked on Facebook was unsettling. Seeing names I didn’t recognize and couldn’t find in my contacts was […]
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Security

Banks Attacked through Malicious Hardware Connected to the Local Network

“Each attack can be divided into several identical stages. At the first stage, a cybercriminal entered the organization’s building under the guise of a courier, job seeker, etc., and connected a device to the local network, for example, in one of the meeting rooms. Where possible, the device was hidden or blended into the surroundings, […]
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Security

India Expected to Surpass the UK for Second Place in Payment Card Fraud

“Due to a booming cybercrime scene, India is expected to surpass the UK in 2019 and become the second-most targeted country for payment card fraud, behind the undisputed leader, the US.According to cybercrime statistics compiled by cyber-security firm Gemini Advisory, over 3.2 million Indian payment card records have been compromised and posted for sale online […]
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Security

In a year of data breaches, India’s massive biometric programme finally found legitimacy

“Having enrolled over 1.22 billion Indians till November, the project saw several breaches and multiple accounts of data leaks being reported this year, intensifying fears about its security. There was even an instance of a senior official, out to prove a point about Aadhaar’s security, being left red-faced. The project also had a tragic side to it as several reports of starvation deaths […]
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Security

Hack Breaks Your Visa Card’s Contactless Limit For Big Frauds

“Security researchers have found a way to bypass that limit on Visa cards. Their hack, which isn’t limited to U.K. cards, could let opportunistic crooks drain accounts with a single tap, and they claim they don’t even need to steal the credit card . And little on Visa’s side is being done to address this […]