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Why agility is the key to secure software

Continuous delivery of software product releases demands continuous security. Businesses and regulators are right to wonder whether organisations are valuing cyber security by the design of their products. ....

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Financial Services Continues Getting Bombarded with Credential Stuffing and Web Application Attacks

Financial Services Continues Getting Bombarded with Credential Stuffing and Web Application Attacks
Akamai Technologies published the State of the Internet / Security report: Phishing for Finance. The report provides an analysis of both global and financial services-specific web application and credential stuffing attack traffic revealing significant increases across the attack surfaces year over year from 2019 to 2020.
The report also features a collaboration between Akamai and WMC Global researchers that examined two specific phishing kits: ‘Kr3pto’ and ‘Ex-Robotos’. Kr3pto has targeted customers of 11 UK banking brands, and Ex-Robotos has aimed its scams at corporate employees.
By The Numbers
In 2020, Akamai saw 193 billion credential stuffing attacks globally, with 3.4 billion hitting financial services organizations specifically an increase of more than 45% year-over-year in the sector. ....

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Akamai Security Research: Financial Services Continues Getting Bombarded with Credential Stuffing and Web Application Attacks

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CAMBRIDGE, Mass., May 19, 2021 /PRNewswire/
Akamai Technologies, Inc. (NASDAQ: AKAM), the world s most trusted solution for protecting and delivering digital experiences, today published the State of the Internet / Security report: Phishing for Finance. The report provides an analysis of both global and financial services-specific web application and credential stuffing attack traffic revealing significant increases across the attack surfaces year over year from 2019 to 2020.
The report also features a collaboration between Akamai and WMC Global researchers that examined two specific phishing kits: Kr3pto and Ex-Robotos . Kr3pto has targeted customers of 11 UK banking brands, and Ex-Robotos has aimed its scams at corporate employees. ....

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Akamai finds fraudsters targeting tax filings - Internet

Akamai finds fraudsters targeting tax filings
Consumers have another reason to be wary of the upcoming tax deadline in the US: fraudsters. According to new data out from Akamai, there has been a significant increase in the number of phishers and other fraudsters targeting consumers and using tax season to do it.
Starting with the pandemic in 2020, many fraudsters began focusing on American s taxes. According to Akamai nearly half of web attacks were observed between the dates of June 17 to July 29, when American s taxes came due. Tax deadlines were extended because of the beginning of the COVID-19 pandemic, and the deadline has been extended this year, as well, leading security experts to warn consumers to be extra careful about phishing and malware attacks. ....

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