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.
Amazon Takes Down BMI CalculationVsn App From Its Appstore After Spotting Android Malware In It
McAfee Labs discovered an Android spyware disguised as a BMI calculation app on the Amazon Appstore. The app harvested sensitive data from devices it infected