Companies are losing around 5% of annual revenue to fraud, with fraudsters employing advanced cybersecurity techniques. Traditional systems to catch such fraudsters have become obsolete due to silos between cybersecurity and fraud prevention teams in companies. To effectively counter this, businesses must integrate the two departments and reimagine their approach to detecting, preventing and responding to threats. Utilising advanced technologies for continuous monitoring and intelligent tamper detection could provide stronger defense.
BadBox rapidly grows, 190,000 Android devices infected
A botnet known as BadBox has infected 190,000 Android devices, surveillance data from Bitsight has revealed. The botnet primarily targets Yandex smart TVs and Hisense
