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 […]
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XE Group Cybercrime Gang Moves from Credit Card Skimming to Zero-Day Exploits 2025-02-03 at 19:49 By Ryan Naraine Vietnamese cybercrime gang shifts from credit card-skimming to exploiting at least two zero-day vulnerabilities enterprise software product. The post XE Group Cybercrime Gang Moves from Credit Card Skimming to Zero-Day Exploits appeared first on SecurityWeek. This article
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Visa to Acquire Fraud Protection Firm Featurespace 2024-09-27 at 17:31 By SecurityWeek News Incubated at Cambridge University’s engineering department, Featurespace’s algorithmic-based solutions analyze transaction data to detect fraud cases. The post Visa to Acquire Fraud Protection Firm Featurespace appeared first on SecurityWeek. This article is an excerpt from SecurityWeek RSS Feed View Original Source React
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Mandiant Offers Clues to Spotting and Stopping North Korean Fake IT Workers 2024-09-23 at 20:31 By Ryan Naraine Mandiant shines the spotlight on the growing infiltration of US and Western companies by North Korean fake IT workers. The post Mandiant Offers Clues to Spotting and Stopping North Korean Fake IT Workers appeared first on SecurityWeek.
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Two Nigerians Sentenced to Prison in US for BEC Fraud 2024-09-05 at 14:16 By Ionut Arghire Franklin Ifeanyichukwu Okwonna and Ebuka Raphael Umeti were sentenced to prison in the US for business email compromise (BEC) fraud. The post Two Nigerians Sentenced to Prison in US for BEC Fraud appeared first on SecurityWeek. This article is
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Interpol Arrests 300 People in a Global Crackdown on West African Crime Groups Across 5 Continents 2024-07-17 at 16:01 By Associated Press Interpol arrests 300 people in a global crackdown on West African crime groups specializing in online financial fraud. The post Interpol Arrests 300 People in a Global Crackdown on West African Crime Groups
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‘CrystalRay’ Expands Arsenal, Hits 1,500 Targets with SSH-Snake and Open Source Tools 2024-07-11 at 18:01 By Ionut Arghire A threat actor tracked as CrystalRay has hit 1,500 victims since February, stealing credentials and deploying backdoors. The post ‘CrystalRay’ Expands Arsenal, Hits 1,500 Targets with SSH-Snake and Open Source Tools appeared first on SecurityWeek. This article
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Landmark Admin Discloses Data Breach Impacting Personal, Medical Information 2024-07-01 at 17:01 By Ionut Arghire Life insurance company Landmark Admin says personal, medical, and insurance information was compromised in a May data breach. The post Landmark Admin Discloses Data Breach Impacting Personal, Medical Information appeared first on SecurityWeek. This article is an excerpt from SecurityWeek
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US Authorities Attempting to Recover $5.3 Million Stolen in BEC Scam 2024-06-06 at 17:46 By Eduard Kovacs The US government is trying to recover more than $5.3 million stolen by cybercriminals through a BEC scheme from a workers union. The post US Authorities Attempting to Recover $5.3 Million Stolen in BEC Scam appeared first on
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Using AI, Mastercard Expects to Find Compromised Cards Quicker, Before They Get Used by Criminals 2024-05-23 at 13:16 By Associated Press Mastercard is integrating AI into its fraud-prediction technology that it expects will be able to see patterns in stolen cards faster and allow banks to replace them before they are used by criminals. The
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Threat Actors Abuse GitHub to Distribute Multiple Information Stealers 2024-05-15 at 18:31 By Ionut Arghire Russian-speaking threat actors are caught abusing a GitHub profile to distribute information stealers posing as legitimate software. The post Threat Actors Abuse GitHub to Distribute Multiple Information Stealers appeared first on SecurityWeek. This article is an excerpt from SecurityWeek RSS
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FCC Warns of ‘Royal Tiger’ Robocall Scammers 2024-05-14 at 14:02 By Ionut Arghire The FCC has issued a public notice on robocall scammer group ‘Royal Tiger’, the first designated threat actor. The post FCC Warns of ‘Royal Tiger’ Robocall Scammers appeared first on SecurityWeek. This article is an excerpt from SecurityWeek RSS Feed View Original
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Tech Support Firms Agree to $26M FTC Settlement Over Fake Services 2024-03-15 at 14:17 By Ionut Arghire Restoro and Reimage agree to a $26 million settlement after selling fake antivirus and tech services to undercover FTC agents. The post Tech Support Firms Agree to $26M FTC Settlement Over Fake Services appeared first on SecurityWeek. This
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US Seizes $1.4 Million in Cryptocurrency From Tech Scammers 2024-03-13 at 14:35 By Ionut Arghire The US seized approximately $1.4 million worth of Tether tokens suspected of being fraud proceeds from tech scams. The post US Seizes $1.4 Million in Cryptocurrency From Tech Scammers appeared first on SecurityWeek. This article is an excerpt from SecurityWeek
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Linux Foundation Tackles Financial Fraud With Open Source Platform 2024-03-04 at 15:47 By Ionut Arghire The open source platform Tazama provides cost-effective monitoring of digital financial transactions to prevent fraud in real time. The post Linux Foundation Tackles Financial Fraud With Open Source Platform appeared first on SecurityWeek. This article is an excerpt from SecurityWeek
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Google Announces Enhanced Fraud Protection for Android 2024-02-08 at 16:01 By Ionut Arghire Google Play Protect will block the installation of sideloaded applications requesting permissions frequently abused by fraudsters. The post Google Announces Enhanced Fraud Protection for Android appeared first on SecurityWeek. This article is an excerpt from SecurityWeek RSS Feed View Original Source React
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New York Sues Citibank Over Poor Data Security 2024-02-01 at 15:46 By Eduard Kovacs New York attorney general is suing Citibank for failing to protect customers against hackers and fraudsters who have stolen millions. The post New York Sues Citibank Over Poor Data Security appeared first on SecurityWeek. This article is an excerpt from SecurityWeek
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Doppel Secures $14M for AI-Powered Brand Protection Technology 2024-01-23 at 15:46 By Ryan Naraine San Francisco startup banks $14 million in Series A funding led by prominent venture capital outfit Andreesen Horowitz (a16z). The post Doppel Secures $14M for AI-Powered Brand Protection Technology appeared first on SecurityWeek. This article is an excerpt from SecurityWeek RSS
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Laptop Maker Framework Says Customer Data Stolen in Third-Party Breach 2024-01-12 at 17:31 By Ionut Arghire Device maker Framework is notifying users that their personal information was stolen in a data breach at its external accounting partner. The post Laptop Maker Framework Says Customer Data Stolen in Third-Party Breach appeared first on SecurityWeek. This article
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Researchers Flag FBot Hacking Tool Hijacking Cloud, Payment Services 2024-01-11 at 23:01 By Ryan Naraine The tool, called FBot, is capable of credential harvesting for spamming attacks, and AWS, PayPal and SaaS account hijacking. The post Researchers Flag FBot Hacking Tool Hijacking Cloud, Payment Services appeared first on SecurityWeek. This article is an excerpt from
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