social engineering News

Hackers Who Breached Casino Giants MGM, Caesars also Hit 3 Other Firms, Okta Says

Hackers who breached casino giants MGM Resorts International and Caesars Entertainment in recent weeks also broke into the systems of three other companies in the manufacturing, retail, and technology space, a security executive familiar with the matter said. David Bradbury, …

Group in Casino Hacks Skilled at Duping Workers for Access

The hacking group suspected of cyberattacks against two giant casino operators has quickly made a name for itself for its skills in social engineering, such as tricking someone to gain access to a computer system or another storehouse of sensitive …

Deepfake Imposter Scams Are Driving a New Wave of Fraud

Computer-generated children’s voices so realistic they fool their own parents. Masks created with photos from social media that can penetrate a system protected by face ID. They sound like the stuff of science fiction, but these techniques are already available …

Call Me, Maybe? The Stealth Disappearance of Social Engineering and Fraudulent Instruction Coverage

Anyone who owns a cellphone or uses an email address has received a communication from a scammer seeking to extract confidential information or trick the recipient into sending money to foreign countries. These attempts come in a variety of forms …

Berkshire Hathaway Specialty to Offer Social Engineering Prevention Program

Berkshire Hathaway Specialty Insurance (BHSI) announced that it is providing qualifying private and nonprofit fidelity and crime insurance customers with complimentary access to the BHSI Social Engineering Prevention Program (SEPP). The SEPP is provided in partnership with the security firm …

Insuring Cyber Podcast: Social Engineering Risks Rising, but Cyber Coverage Still Lacks

The COVID-19 pandemic has upended the work environment in many ways, and cyber experts say one unfortunate result of the switch to remote work is an increase in cyber crime, particularly around social engineering threats. “The bottom line here is …

Deep Fake Losses to Challenge Cyber Insurers, CyberCube Warns

What do Ulysses and his Trojan Horse, the pickpocket Fagan in Charles Dickens’ Oliver Twist and a video of Facebook’s Mark Zuckerberg touting how his company “owns” its customers have in common? They are old and new forms of deception …

The Right Cyber Coverage Can Protect a Business from Financial Ruin

A recent report on cybersecurity still shows many companies are unprepared for cyberattacks. The report, conducted by KPMG and British Telecom, reveals only 22 percent of companies have a comprehensive plan in place to deal with a major cybersecurity incident. …

Hiscox Endorsement Covers Business Loss by Cyber Deception, Phishing

International specialist insurer Hiscox is now offering a Cyber Deception endorsement as part of its crime insurance that is aimed at protecting businesses against malicious efforts by criminals to trick employees into transferring company funds. Cyber deception is a growing …