ThreatMetrix In The News

How to protect your startup from cyber attack

With 85 per cent of cyber attacks directed at startups, protecting your business is more important than ever. The figures come from security firm ThreatMetrix, which says cybercrime attacks increased by 50 per cent in the second quarter of this year, with startups considered especially easy prey for hackers.

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Top tips that can save start-ups from cyber attacks

According to security firm ThreatMetrix, cyber crime attacks went up by 50% in all segments in the second quarter of 2016, which is a worrisome trend. Start-ups are considered to be an especially easy prey for hackers, as in 2014, 85% of all data breaches were directed at small businesses and start-ups. Besides targeted cyber-crime, start-ups suffer from…

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Viewpoint: Think Small To Battle Online Fraud

Online retailers reject two and a half times as many cross-border orders as domestic orders, according to the latest ThreatMetrix report on digital fraud, but it may be unnecessary for e-commerce players to deny so many cross-border transactions. Although merchants tend to assume that international orders carry more fraud risk than domestic orders, the data doesn’t…

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SMS Two-Factor Authentication Is No Longer Enough

With the near-constant occurrence of highly organized and complex cybercrime attacks, effective digital authentication has never been more challenging. Businesses must verify who they’re transacting with by implementing additional security measures, but at the same time they need to minimize friction and provide seamless user experiences to avoid losing users to competitors.

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Media Platforms are a Major Target for Hackers during Summer

Among the biggest targets are P2P marketplaces where a lot of user-generated content is being offered at a more affordable price in comparison to major brands. Cyber criminals have spotted this trend and have used the lack of tight security to exploit some of these platforms. Using stolen or fake accounts, social engineering, and other…

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Holiday P2P Platforms Targeted by CyberCriminals

Everyday users and consumers are increasingly gravitating toward P2P marketplaces, trusting user-generated content over that of organizations and brands. This shift in trend has caught the attention of cybercriminals and it shows. Nearly a quarter of media transactions in Q2 2016 were rejected, representing a 92% increase over 2015 with cybercriminals attempting to set up…

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Cyber Criminals Target Holiday Related P2P Media Platforms

Nearly a quarter of media transactions were rejected in the second quarter Europe-wide ahead of the key holiday season, the report shows, which represents a 92% increase over 2015 as fraudsters attempt to sign up for accounts, create fraudulent content and distribute spam and malware.

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New Report Shows that Peer to Peer Sharing Sites Are A Major Target of Cybercriminals in Summer Months

P2P marketplaces are now more popular than ever, with consumers preferring to trust user-generated content over the individual brands or organisations’ websites. One of the biggest reasons consumers flock to peer-to-peer marketplaces is often to save money and nowadays P2P sites offer a way of shopping around to make sure they get the best deals….

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Q2 Global Fraud Jumps 50% from 2015

Fraud prevention firm ThreatMetrix claims to have stopped 112 million attacks globally in Q2 2016, a 50% increase on the same period a year ago, highlighting the industrial-scale nature of online fraud today. These compromised identities are often tested online to ensure they still work, before being used to try and defraud companies and individuals out of…

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European Law Enforcement Seeking Smart Ways to Fight Cybercrime

Under-resourced law enforcement needs a smarter approach as cyber crime becomes increasingly prevalent and sophisticated, backed by the money and expertise of organised crime groups set up and run as well-resourced and efficient professional business organisations.

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