fraud - Security Ticks

Charm Security Emerges From Stealth With $8 Million in Funding

Charm Security, Cybersecurity Funding, fraud, funding, scams, seed funding / SecurityTicks

Charm Security Emerges From Stealth With $8 Million in Funding 2025-03-25 at 15:28 By Ionut Arghire Charm Security has emerged from stealth mode with $8 million in funding for AI-powered scams and social engineering prevention. The post Charm Security Emerges From Stealth With $8 Million in Funding appeared first on SecurityWeek. This article is an […]

React to this headline:

Charm Security Emerges From Stealth With $8 Million in Funding Read More »

300 Arrested in Crackdown on Cybercrime Rings in Africa

Africa, arrested, cybercrime, fraud, Interpol / SecurityTicks

300 Arrested in Crackdown on Cybercrime Rings in Africa 2025-03-25 at 12:32 By Ionut Arghire Authorities in seven African countries arrested 300 suspects in an international crackdown on cybercriminal networks targeting businesses. The post 300 Arrested in Crackdown on Cybercrime Rings in Africa appeared first on SecurityWeek. This article is an excerpt from SecurityWeek View

React to this headline:

300 Arrested in Crackdown on Cybercrime Rings in Africa Read More »

Scammers cash in on tax season

cybercrime, fraud, McAfee, News, report, scams, survey, tax e-filing / SecurityTicks

Scammers cash in on tax season 2025-03-21 at 07:32 By Help Net Security AI-powered phishing emails, deepfake phone calls, and fake tax prep websites are making tax scams more convincing and costly than ever, according to McAfee. Cybercriminals are pulling out all the stops to trick Americans out of their hard-earned money, and it’s working,

React to this headline:

Scammers cash in on tax season Read More »

Fraud Losses Reached $12.5 Billion in 2024: FTC

fraud, Fraud & Identity Theft, FTC / SecurityTicks

Fraud Losses Reached $12.5 Billion in 2024: FTC 2025-03-12 at 17:04 By Ionut Arghire FTC says reported losses to fraud exceeded $12.5 billion in 2024, with $5.7 billion lost to investment scams. The post Fraud Losses Reached $12.5 Billion in 2024: FTC appeared first on SecurityWeek. This article is an excerpt from SecurityWeek View Original

React to this headline:

Fraud Losses Reached $12.5 Billion in 2024: FTC Read More »

Online crime-as-a-service skyrockets with 24,000 users selling attack tools

cybercrime, cybersecurity, fraud, identity, identity verification, iProov, News, report, survey / SecurityTicks

Online crime-as-a-service skyrockets with 24,000 users selling attack tools 2025-03-03 at 19:01 By Help Net Security The growth of AI-based technology has introduced new challenges, making remote identity verification systems more vulnerable to attacks, according to iProov. Innovative and easily accessible tools have allowed threat actors to become more sophisticated overnight, powering an increasing number

React to this headline:

Online crime-as-a-service skyrockets with 24,000 users selling attack tools Read More »

How QR code attacks work and how to protect yourself

cybercrime, cybersecurity, Don't miss, fraud, how-to, News, QR codes, tips / SecurityTicks

How QR code attacks work and how to protect yourself 2025-03-03 at 07:13 By Help Net Security QR codes have become an integral part of our everyday life due to their simplicity. While they’ve been around for many years, their use exploded during the COVID-19 pandemic, when businesses turned to them for contactless menus, payments,

React to this headline:

How QR code attacks work and how to protect yourself Read More »

Two Estonians plead guilty in $577M cryptocurrency Ponzi scheme

Cryptocurrency, cybercriminals, Don't miss, fraud, Hot stuff, News, scams, US DoJ / SecurityTicks

Two Estonians plead guilty in $577M cryptocurrency Ponzi scheme 2025-02-17 at 13:48 By Zeljka Zorz Two Estonian nationals may spend the next 20 years in prison for stealing hundreds of millions of dollars through a massive cryptocurrency Ponzi scheme, the US Department of Justice announced last week. The fraudulent operation “According to court documents, Sergei

React to this headline:

Two Estonians plead guilty in $577M cryptocurrency Ponzi scheme Read More »

Pig butchering scams are exploding

Chainalysis, Crypto, cybercrime, fraud, News, report, scams, survey / SecurityTicks

Pig butchering scams are exploding 2025-02-14 at 07:03 By Help Net Security 2024 is set to be a record year for scammers who received at least US$9.9 billion in crypto revenues from their illicit activities, according to Chainalysis. This figure is projected to rise to an all-time high of $12.4 billion as ongoing analysis uncovers

React to this headline:

Pig butchering scams are exploding Read More »

Self-sovereign identity could transform fraud prevention, but…

AuthenticID, cybersecurity, Don't miss, Expert analysis, Expert corner, fraud, Hot stuff, identity, identity verification, opinion, Privacy / SecurityTicks

Self-sovereign identity could transform fraud prevention, but… 2025-02-07 at 10:03 By Help Net Security The way we manage digital identity is fundamentally broken. The root of the problem lies in traditional, centralized identity models, where a single organization holds and controls a user’s credentials, creating an attractive target for attackers. The bigger the database, the

React to this headline:

Self-sovereign identity could transform fraud prevention, but… Read More »

Overconfident execs are making their companies vulnerable to fraud

cybercrime, fraud, News, report, survey, Trustpair / SecurityTicks

Overconfident execs are making their companies vulnerable to fraud 2025-02-07 at 06:44 By Help Net Security Cyber fraud (which includes activity such as hacking, deepfakes, voice cloning and highly sophisticated phishing schemes) rose by 14% year over year, according to Trustpair. US faces cyber fraud growth The proprietary research, which is based on a survey

React to this headline:

Overconfident execs are making their companies vulnerable to fraud Read More »

Man charged with stealing $65 million by exploting DeFI protocols vulnerabilities

Cryptocurrency, Don't miss, extortion, finance, fraud, Hot stuff, News, USA, vulnerability / SecurityTicks

Man charged with stealing $65 million by exploting DeFI protocols vulnerabilities 2025-02-04 at 12:16 By Help Net Security A Canadian man has been indicted in federal court in New York for exploiting vulnerabilities in two decentralized finance (DeFi) protocols to fraudulently obtain about $65 million from the protocols’ investors. The fraudulent scheme According to court

React to this headline:

Man charged with stealing $65 million by exploting DeFI protocols vulnerabilities Read More »

What you can do to prevent workforce fraud

authentication, cybersecurity, Don't miss, Features, fraud, Government, Hot stuff, identity verification, News, Nisos, opinion, professional, remote working, threats / SecurityTicks

What you can do to prevent workforce fraud 2025-02-04 at 07:19 By Mirko Zorz In this Help Net Security interview, Benjamin Racenberg, Senior Intelligence Services Manager at Nisos, discusses the threat of workforce fraud, particularly DPRK-affiliated IT workers infiltrating remote roles. With HR teams and recruiters often unprepared to detect these sophisticated schemes, businesses face

React to this headline:

What you can do to prevent workforce fraud Read More »

US, Dutch Authorities Disrupt Pakistani Hacking Shop Network

cybercrime, fraud, Pakistan, Saim Raza, takedown, Tracking & Law Enforcement / SecurityTicks

US, Dutch Authorities Disrupt Pakistani Hacking Shop Network 2025-01-31 at 15:34 By Ionut Arghire US and Dutch authorities seized 39 domains to disrupt a network of hacking and fraud marketplaces operated by Saim Raza. The post US, Dutch Authorities Disrupt Pakistani Hacking Shop Network appeared first on SecurityWeek. This article is an excerpt from SecurityWeek

React to this headline:

US, Dutch Authorities Disrupt Pakistani Hacking Shop Network Read More »

DeepSeek’s Growing Influence Sparks a Surge in Frauds and Phishing Attacks

Cryptotheft, fraud, phishing / SecurityTicks

DeepSeek’s Growing Influence Sparks a Surge in Frauds and Phishing Attacks 2025-01-30 at 15:20 By rohansinhacyblecom Overview DeepSeek is a Chinese artificial intelligence company that has developed open-source large language models (LLMs). In January 2025, DeepSeek launched its first free chatbot app, “DeepSeek – AI Assistant”, which rapidly became the most downloaded free app on

React to this headline:

DeepSeek’s Growing Influence Sparks a Surge in Frauds and Phishing Attacks Read More »

Preparing financial institutions for the next generation of cyber threats

cybersecurity, Data Protection, Don't miss, Features, financial industry, fraud, Hot stuff, News, opinion, regulation, threats, Visa / SecurityTicks

Preparing financial institutions for the next generation of cyber threats 2025-01-29 at 07:34 By Mirko Zorz In this Help Net Security interview, James Mirfin, SVP and Head of Risk and Identity Solutions at Visa, discusses key priorities for leaders combating fraud, the next-generation threats institutions must prepare for, and the role of collaboration between financial

React to this headline:

Preparing financial institutions for the next generation of cyber threats Read More »

Cyber trends set to influence business strategies

boardroom, cyber risk, cybersecurity, data security, Diligent, Don't miss, fraud, generative AI, Hot stuff, predictions, strategy, Video / SecurityTicks

Cyber trends set to influence business strategies 2025-01-27 at 06:42 By Help Net Security Diligent convened a group of 65 board members, C-suite executives, and leading subject matter experts to explore topics shaping the future of business: generative AI, cybersecurity and data privacy, geopolitical risk, and financial fraud and abuse. In this Help Net Security

React to this headline:

Cyber trends set to influence business strategies Read More »

Deepfakes force a new era in fraud detection, identity verification

cybersecurity, deepfakes, fraud, identity, identity verification, News, Regula, report, survey / SecurityTicks

Deepfakes force a new era in fraud detection, identity verification 2025-01-24 at 06:32 By Help Net Security The rise in identity fraud over the past two years has significantly impacted all industries, especially finance, banking, fintech, and crypto, according to Regula. With deepfakes threatening every second company around the world, businesses won’t be able to

React to this headline:

Deepfakes force a new era in fraud detection, identity verification Read More »

The SBI fake banking app shows that SMS authentication has had its day

authentication, cybercrime, cybersecurity, Don't miss, Expert analysis, Expert corner, financial industry, fraud, Hot stuff, IBS Software, News, opinion / SecurityTicks

The SBI fake banking app shows that SMS authentication has had its day 2025-01-10 at 07:01 By Help Net Security As a company fortunate enough to have and maintain our own pentesting team, we often do outreach with other organizations to assist with or provide our expertise in offensive security. In collaboration with the Kerala

React to this headline:

The SBI fake banking app shows that SMS authentication has had its day Read More »

Overwhelmed by fraud? Here’s how financial pros fight back

Artificial Intelligence, cybersecurity, deepfakes, Don't miss, Features, financial industry, fraud, Hot stuff, identity verification, News, online banking, opinion, Ping Identity, regulation / SecurityTicks

Overwhelmed by fraud? Here’s how financial pros fight back 2024-12-27 at 07:04 By Mirko Zorz In this Help Net Security interview, Patrick Harding, Chief Architect at Ping Identity, discusses the growing threat of deepfake-related fraud and its impact on financial security. He also discusses overlooked vulnerabilities in digital banking and offers advice for organizations to

React to this headline:

Overwhelmed by fraud? Here’s how financial pros fight back Read More »

How CISOs can make smarter risk decisions

Artificial Intelligence, CISO, cybercriminals, cybersecurity, Don't miss, Features, fraud, Hot stuff, HUMAN Security, News, opinion / SecurityTicks

How CISOs can make smarter risk decisions 2024-12-24 at 07:03 By Mirko Zorz In this Help Net Security interview, Gavin Reid, CISO at HUMAN Security, talks about the latest cybersecurity threats and how attackers are becoming more sophisticated. He explains the difficulties organizations encounter in detecting fraud and malicious bots while keeping the user experience

React to this headline:

How CISOs can make smarter risk decisions Read More »