March Madness Requires Vigilance on Both an Individual and Corporate Level

March Madness Requires Vigilance on Both an Individual and Corporate Level
Summary: As March Madness approaches, the excitement surrounding the NCAA basketball tournaments also attracts threat actors looking to exploit ticket sales and associated scams. The tournament’s emotional stakes, combined with the urgency of purchasing tickets, increase vulnerabilities, requiring heightened security measures. Collaboration and threat intelligence sharing among organizations are crucial to mitigate risks and combat sophisticated attacks targeting fans and businesses alike.

Affected: NCAA, Ticketing Companies, Fans

Keypoints :

  • High-ticket values attract fraud, as large purchases may go unnoticed.
  • Fans’ desperation for tickets leads them to unofficial sources, increasing susceptibility to scams.
  • Urgency in ticket sales creates chaos, making it easier for cybercriminals to exploit the situation.
  • Security teams must adapt their strategies to address evolving threats during major events.
  • Sharing threat intelligence among industry professionals is essential for enhancing defense against attacks.
  • Post-event analysis is vital to identify trends and improve future security measures.
  • Individuals should remain vigilant and share experiences of scams to help protect others.

Source: https://www.securityweek.com/march-madness-requires-vigilance-on-both-an-individual-and-corporate-level/