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Professor Jorij Abraham has been a part of the international eCommerce community since 1997. From 2013 -- 2017, he has been Director of Research & Advise at Thuiswinkel.org (the Dutch Ecommerce Association) and the European Ecommerce Association with 25.000+ members in 20 countries. He is now Managing Director of Global Anti-Scam Alliance, whose mission is to protect consumers from getting scammed. He is also e-commerce professor at the University of Applied Sciences, TIO. more
We’ve noted in previous CSC studies that phishing continues to be an extremely popular threat vector with bad actors and shows no signs of subsiding in part, because of the COVID–19 pandemic and the rise in popularity of remote working. Indeed, the most recent figures from the Anti-Phishing Working Group (APWG) show that the numbers of phishing attacks are higher than ever before, with the quarterly total of identified unique phishing attacks exceeding 1 million for the first time in Q1 2022, and over 600 distinct brands attacked each month. more
Internet use has become ever more pervasive. With around five billion global users, it generates an economy of around 15% of global gross domestic product (GDP); that's around $15 trillion and is a figure that's growing 2.5 times faster than GDP itself. This makes the internet an attractive channel for infringers. Phishing and other fraud tactics, selling counterfeit goods online, and digital piracy are primary areas of concern. more
From time to time, a party can get out of control. Raucous celebration can become careless, even destructive. Combine a critical number of young people, a certain amount of beer and lots of music and damage often happens. Partygoers leave a mess behind them. The same thing happens to some IP addresses. Malicious actors use IP addresses properly registered to someone else. more
A key requirement for a bad actor wanting to launch a brand attack is the registration of a carefully chosen domain name. The most convincing infringements frequently use a domain name that's deceptively similar to that of the official site of the target brand. This allows a variety of attacks to be executed, including phishing attacks... more
At his farewell speech in August outgoing, Telstra CEO Andy Penn mentioned that the cyber threat has never been as serious as the present. He mentioned the deteriorating geopolitical situation and the big shift in how criminals operate in the cyber domain. One thing is for sure is that in order to enjoy all the positives resulting from the digital economy, we need to be far more vigilant about the barrage of information that we are receiving and/or have access to. more
Recently, an article I wrote for Bitcoin Magazine talked about how we can use DNS underscore scoping to better abstract Lightning addresses and even create a de facto specification that could work on any resource (like a wallet or a smart contract) across all blockchains. more
Over the last two years, we've all faced supply shortages on items we previously never thought could be in short supply. Most recently, the baby formula and semiconductor markets were hit. Before that, supply chain attacks on Colonial Pipeline and JBS Foods showed us that an attack on one company through a singular point of compromise has the potential to disrupt an entire network of connected companies, products, partners, vendors, and customers. more
A network can fence its own IP addresses or block specific external ones from access. Administrators frequently block access to their own IP addresses to bar unwanted access to content. Individual IPs or blocks of IPs may also be blocked due to unwanted or malicious behavior. IP address blocking prevents a specific IP address or group of IP addresses from connecting with a server, computer, or application. more
As a long-established online attack strategy, phishing remains a popular tool for fraudsters because of its effectiveness. The Anti-Phishing Working Group reported more than 300,000 distinct phishing attacks in December 2021 -- more than three times the number reported in early 2020, and the highest monthly total ever identified. more
We've all heard the term, "you're only as strong as your weakest link." Whether talking about a tug of war on the playground, a sports team, or a business, this rings as true as ever. Every business relies on a series of suppliers and vendors -- be it the dairy farm supplying milk to the multinational food manufacturer or the payment systems that retailers use. These links form supply chains that every business, large and small, deals with. There is simply no way around it. more
Counterfeiting is big business. A 2021 study by the Organisation for Economic Cooperation and Development (OECD) estimated that the international trade in counterfeit and pirated products was worth up to $464 billion in 2019, or around 2.5% of all world trade. A significant proportion of this trade occurs via digital channels, where global annual expenditure on eCommerce is more than $4 trillion. more
Domain security is a critical component to help mitigate cyberattacks in the early stages - your first line of defense in your organization's Zero Trust model. According to the Cybersecurity and Infrastructure Security Agency (CISA), most cyberattacks - including ransomware and business email compromise (BEC) - begin with phishing. Although losses due to ransomware now exceed billions annually, most ransomware protection and response measures don't adequately address phishing risks in the early stages of an attack because they don't include domain security measures to protect against the most common phishing attacks. more
The Domain Name System has provided the fundamental service of mapping internet names to addresses from almost the earliest days of the internet’s history. Billions of internet-connected devices use DNS continuously to look up Internet Protocol addresses of the named resources they want to connect to - for instance, a website such as blog.verisign.com. Once a device has the resource’s address, it can then communicate with the resource using the internet’s routing system. more
Decentralization is a big trend in IT, and everyone has their own definition of what "decentralization" really means. With more organizations fully embracing a work-from-anywhere culture, decentralization has moved past being a fad and turned into a necessity. Decentralized cybersecurity is nothing new. Many of us have been doing it since before the pandemic. more
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