Even with tough economic times, e-commerce is up 25% since the beginning of March. But, fraud has increased as well; according to Malwarebytes online credit card skimming has increased by 26% in March alone. In our April “Staff Picks for Splunk Security Reading” blog post, I referenced a story about an e-commerce site getting hacked with a “virtual card skimmer” (thanks Matthew Joseff for sharing this with me).

On Monday, May 4th, **FINRA (Financial Industry Regulatory Authority), issued a warning to financial companies stating that a new email phishing campaign was doing the rounds. According to the regulator, the campaign is ongoing, widespread, and made to look as though the emails are coming from FINRA itself.

By this stage, everyone is familiar with the phrase ‘social distancing’ and what it means with regards to shopping trips and exercise outdoors. Social distancing, as we all know by now, was introduced to slow down or, more hopefully, stop the spread of Coronavirus. Many companies are taking steps to enable as many people as possible to work from home.

You don’t need us to tell you that fraud and financial crime is on the rise. A quick google search will give you endless stats to support this claim. Fraud losses are increasing as a percentage of revenue, and that direct impact on the bottom line isan area of laser focus for senior execs.

Security researchers observed that digital attackers are increasingly incorporating the reCaptcha API into their phishing campaigns. Barracuda Networks explained that malicious actors are starting to outfit their phishing attempts with reCaptcha walls so that they can shield their landing pages from automated URL analysis tools as well as add a sense of legitimacy to their operations. Some of these efforts have consisted of deploying a fake checkbox and form.