fraud

SIM Farm Dismantled in Europe, Seven Arrested

SIM Farm Dismantled in Europe, Seven Arrested 2025-10-20 at 16:07 By Ionut Arghire The individuals ran a highly sophisticated cybercrime-as-a-service (CaaS) platform that caused roughly €5 million (~$5.8 million) in losses. The post SIM Farm Dismantled in Europe, Seven Arrested appeared first on SecurityWeek. This article is an excerpt from SecurityWeek View Original Source React […]

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Fraud Prevention Firm Resistant AI Raises $25 Million

Fraud Prevention Firm Resistant AI Raises $25 Million 2025-10-14 at 16:15 By Ionut Arghire Resistant AI will use the funding to expand its fraud detection and transaction monitoring offerings to new markets. The post Fraud Prevention Firm Resistant AI Raises $25 Million appeared first on SecurityWeek. This article is an excerpt from SecurityWeek View Original

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Behind the screens: Building security customers appreciate

Behind the screens: Building security customers appreciate 2025-10-09 at 08:03 By Mirko Zorz In this Help Net Security interview, Jess Vachon, CISO at PRA Group, discusses the company’s multi-layered defense against fraud and its commitment to protecting customer trust. Vachon explains how PRA Group balances identity verification with a seamless customer experience. Vachon also reflects

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Underwriting is shifting to AI-driven, real-time decisions by 2030

Underwriting is shifting to AI-driven, real-time decisions by 2030 2025-10-02 at 07:45 By Anamarija Pogorelec Underwriting is undergoing a major transformation as financial institutions push for faster decisions, better fraud detection, and greater personalization, according to a new global Experian report. By 2030, credit decisions are expected to become embedded in everyday transactions, with artificial

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North Korean IT workers use fake profiles to steal crypto

North Korean IT workers use fake profiles to steal crypto 2025-09-25 at 12:04 By Sinisa Markovic ESET Research has published new findings on DeceptiveDevelopment, also called Contagious Interview. This North Korea-aligned group has become more active in recent years and focuses on stealing cryptocurrency. It targets freelance developers working on Windows, Linux, and macOS systems.

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€100M crypto scam busted: Five arrested in Europe-wide operation

€100M crypto scam busted: Five arrested in Europe-wide operation 2025-09-24 at 13:18 By Anamarija Pogorelec A cross-border cryptocurrency scam has left investors across Europe with losses of more than €100 million. Authorities in several countries worked together to shut down the operation and arrest those behind it. How the scheme worked The fraudsters ran what

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AI needs ethics to avoid real-world harm

AI needs ethics to avoid real-world harm 2025-09-22 at 08:09 By Help Net Security In this Help Net Security video, Brittany Allen, Senior Trust and Safety Architect at Sift, explores how the rise of AI agents is creating new fraud risks. She explains how these agents, while designed to assist users, can unintentionally help fraudsters

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Global hiring risks: What you need to know about identity fraud and screening trends

Global hiring risks: What you need to know about identity fraud and screening trends 2025-09-18 at 07:10 By Anamarija Pogorelec Hiring new employees has always carried some risk, but that risk is growing in new ways, and identity fraud is becoming more common in the hiring process. HireRight’s 2025 Global Benchmark Report takes a close

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Fraud Prevention Company SEON Raises $80 Million in Series C Funding

Fraud Prevention Company SEON Raises $80 Million in Series C Funding 2025-09-16 at 13:10 By Ionut Arghire The company will invest in its AI and real-time detection platform, in global expansion, and in strategic partnerships. The post Fraud Prevention Company SEON Raises $80 Million in Series C Funding appeared first on SecurityWeek. This article is

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Ransomware, vendor outages, and AI attacks are hitting harder in 2025

Ransomware, vendor outages, and AI attacks are hitting harder in 2025 2025-09-12 at 07:57 By Mirko Zorz Ransomware, third-party disruptions, and the rise of AI-powered attacks are reshaping the cyber risk landscape in 2025. A new midyear analysis from Resilience shows how these forces are playing out in real-world incidents and how they are changing

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Fighting fraud with AI: The new identity security playbook

Fighting fraud with AI: The new identity security playbook 2025-08-15 at 08:34 By Help Net Security In this Help Net Security video, Hal Lonas, CTO at Trulioo, talks about the rise of synthetic identity fraud and how it’s quickly becoming one of the biggest threats in financial crime. He breaks down how fraudsters are using

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Fraud controls don’t guarantee consumer trust

Fraud controls don’t guarantee consumer trust 2025-08-08 at 07:31 By Help Net Security Over a third of companies say they are using AI, including generative AI, to fight fraud, according to Experian. As fraud threats become more complex, companies are accelerating their investments with over half adopting new analytics and building AI models to enhance

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Who’s Really Behind the Mask? Combatting Identity Fraud

Who’s Really Behind the Mask? Combatting Identity Fraud 2025-07-31 at 16:33 By Etay Maor Why context, behavioral baselines, and multi-source visibility are the new pillars of identity security in a world where credentials alone no longer cut it. The post Who’s Really Behind the Mask? Combatting Identity Fraud appeared first on SecurityWeek. This article is

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Fighting AI with AI: How Darwinium is reshaping fraud defense

Fighting AI with AI: How Darwinium is reshaping fraud defense 2025-07-29 at 16:07 By Mirko Zorz AI agents are showing up in more parts of the customer journey, from product discovery to checkout. And fraudsters are also putting them to work, often with alarming success. In response, cyberfraud prevention leader Darwinium is launching two AI-powered

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Why behavioral intelligence is becoming the bank fraud team’s best friend

Why behavioral intelligence is becoming the bank fraud team’s best friend 2025-07-29 at 09:03 By Mirko Zorz In this Help Net Security interview, Seth Ruden, Senior Director of Global Advisory at BioCatch, discusses how financial institutions are addressing fraud. He explains how banks are using behavioral biometrics, device fingerprinting, and network intelligence to enhance fraud

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How to fight document fraud with the latest tech tools

How to fight document fraud with the latest tech tools 2025-07-28 at 07:07 By Help Net Security In this Help Net Security video, Thomas Berndorfer, CEO of Connecting Software, explores cutting-edge technologies designed to detect and prevent document forgery and digital fraud. He presents four key approaches to verifying document authenticity: IDVT, PKI, AI-based methods,

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The fraud trends shaping 2025: Pressure builds on online retailers

The fraud trends shaping 2025: Pressure builds on online retailers 2025-07-23 at 07:12 By Anamarija Pogorelec Fraud is growing faster than revenue in eCommerce. That’s one of the first things PwC and Forter point out in their new report, and it’s a wake-up call for online retailers. Fraud is rising faster than ever Right now,

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Fraud: A Growth Industry Powered by Gen-AI

Fraud: A Growth Industry Powered by Gen-AI 2025-07-18 at 14:02 By Kevin Townsend With generative AI enabling fraud-as-a-service at scale, legacy defenses are crumbling. The next wave of cybercrime is faster, smarter, and terrifyingly synthetic. The post Fraud: A Growth Industry Powered by Gen-AI appeared first on SecurityWeek. This article is an excerpt from SecurityWeek

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Google Sues Operators of 10-Million-Device Badbox 2.0 Botnet

Google Sues Operators of 10-Million-Device Badbox 2.0 Botnet 2025-07-18 at 12:21 By Ionut Arghire Google has filed a lawsuit against the Badbox 2.0 botnet operators, after identifying over 10 million infected Android devices. The post Google Sues Operators of 10-Million-Device Badbox 2.0 Botnet appeared first on SecurityWeek. This article is an excerpt from SecurityWeek View

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Fake online stores look real, rank high, and trap unsuspecting buyers

Fake online stores look real, rank high, and trap unsuspecting buyers 2025-07-10 at 08:32 By Sinisa Markovic Shopping on a fake online store can lead to more than a bad purchase. It could mean losing money, having your identity stolen, or even getting malware on your device. E-shop scams rose by 790% in the first

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