London Drugs stores remain closed after ‘cybersecurity incident’

All London Drugs stores remained closed across Western Canada on Tuesday morning, two days after the B.C.-based company announced it was dealing with a “cybersecurity incident.” A statement issued by the company at 7:20 a.m. PT Tuesday said its stores “will remain temporarily closed … until further notice while continuing to provide customers with urgent pharmacy care.” … Read more

Beware of scams involving fixed deposit ‘promotions’; at least S$650,000 lost since January

To dissuade victims from seeking further verification, scammers would say that the accounts had been created “for them” or that the accounts were meant to “hold the funds prior to the creation of their account”. Individuals would realise that they had been scammed after logging into their banking applications and finding no changes to the … Read more

cyber security: Enabled by AI, phishing becomes quite simple

Nitin’s attempts to schedule an appointment with a doctor he had found online had proved fruitless. He had almost given up on the phone numbers that had popped up in the online search, when he received a call. The person claimed to be from the doctor’s office and asked him to download a mobile application … Read more

China warns foreign hackers are infiltrating ‘hundreds’ of business and government networks

It did not identify the hacking group’s name or location. US moves against cybersecurity ‘risk’ posed by China-made port infrastructure Beijing has expanded efforts in cybersecurity compliance in recent years amid a perceived increase in attacks by foreign agencies. China and the United States, in particular, have exchanged accusations of state-backed cyberattacks with targets ranging … Read more

Company Loses $25 Million in Deepfake Scam Amid Global Rise in Fraudulent Activities

Hong Kong authorities have initiated an inquiry following allegations made by an employee at an undisclosed corporation, who asserted that she fell victim to a sophisticated scam involving a deepfake video conference call, resulting in the transfer of HK$200 million (£20 million) from her company’s funds to fraudsters. The Hong Kong Police Force confirmed receiving … Read more

Cryptocurrency Websites Report Phishing Attacks Amid Market Meltdown

Last Updated: May 14, 2022, 16:07 IST The latest attack on cryptocurrency data websites occurred when stable coins such as Terra Luna and Coinbase had major outages. A popup appeared on cryptocurrency data websites, including CoinGecko, Etherscan, DeFi Pulse and others, encouraging users to connect their MetaMask wallets to use on the site As the … Read more

Digital fraud attack rate in Singapore higher than APAC average: Cybercrime report

The report also said attacks on Singapore-based banks cross borders and are highly interconnected.  It added that international fraud rings are heavily linked to attacks on organisations based in Singapore, as cyber criminals capitalise on the city-state’s status as a financial hub and its open economy. “Fraudsters look at the relatively affluent population in Singapore … Read more