Payment fraud is hitting organizations harder than ever before 2024-02-01 at 06:01 By Help Net Security 96% of US companies were targeted with at least one fraud attempt in the past year, according to Trustpair. 83% of US companies saw an increase in cyber fraud attempts on their organization in the past year. Fraudsters primarily […]
Payment fraud is hitting organizations harder than ever before Read More »
Digital nomads amplify identity fraud risks 2024-01-19 at 06:31 By Help Net Security The number of foreign document verification cases in all parts of the world has grown by an average of 21% since the summer of 2021, according to Regula. It’s even higher in the US and UAE: these countries are experiencing a 25%
Digital nomads amplify identity fraud risks Read More »
29 malware families target 1,800 banking apps worldwide 2024-01-03 at 06:31 By Help Net Security Mobile banking is outpacing online banking across all age groups due to its convenience and our desire to have those apps at our fingertips, according to Zimperium. However, this surge is accompanied by a dramatic growth in financial fraud. The
29 malware families target 1,800 banking apps worldwide Read More »
3,500 Arrested, $300 Million Seized in International Crackdown on Online Fraud 20/12/2023 at 15:06 By Ionut Arghire Authorities in 34 countries have cooperated to dismantle cyber-enabled scams as part of a six-month operation. The post 3,500 Arrested, $300 Million Seized in International Crackdown on Online Fraud appeared first on SecurityWeek. This article is an excerpt
3,500 Arrested, $300 Million Seized in International Crackdown on Online Fraud Read More »
DEBT Box urges judge to toss suit as SEC got case ‘badly wrong’ 06/12/2023 at 07:03 By Cointelegraph by Brayden Lindrea The SEC initially misled a court to freeze DEBT Box’s assets, which has since been reversed, and the firm cited the incident as grounds to dismiss the suit. This article is an excerpt from
DEBT Box urges judge to toss suit as SEC got case ‘badly wrong’ Read More »
Cybercriminals turn to ready-made bots for quick attacks 23/11/2023 at 08:31 By Help Net Security Bots and human fraud farms were responsible for billions of attacks in the H1 of 2023 and into Q3, according to Arkose Labs. These attacks comprised 73% of all website and app traffic measured. In other words, almost three-quarters of
Cybercriminals turn to ready-made bots for quick attacks Read More »
BNB pops after report that DOJ wants $4B settlement with Binance 21/11/2023 at 08:04 By Cointelegraph By Brayden Lindrea BNB hit its highest price since June after Bloomberg reported the Justice Department wanted $4 billion from Binance to end its probe into the exchange. This article is an excerpt from Cointelegraph.com News View Original Source
BNB pops after report that DOJ wants $4B settlement with Binance Read More »
Mastercard combats crypto fraud with latest AI integration 20/11/2023 at 17:03 By Cointelegraph By Savannah Fortis Mastercard announced it will integrate a new AI tool to detect and prevent fraud routed through cryptocurrency exchanges. This article is an excerpt from Cointelegraph.com News View Original Source
Mastercard combats crypto fraud with latest AI integration Read More »
JPEX scandal: Taiwan determines new suspects in alleged fraud — Report 09/11/2023 at 13:02 By Cointelegraph By Helen Partz Taiwan prosecutors want Chang Tung-ying, chief partner at JPEX’s office in Taiwan, to be held in custody over alleged fraud. This article is an excerpt from Cointelegraph.com News View Original Source
JPEX scandal: Taiwan determines new suspects in alleged fraud — Report Read More »
5 nations challenge crypto experts and investigators to target tax crimes 03/11/2023 at 13:02 By Cointelegraph By Arijit Sarkar The J5 generates significant leads through events, which, in the past, has helped uncover multimillion-dollar crypto Ponzi schemes, such as the BitClub Network. This article is an excerpt from Cointelegraph.com News View Original Source
5 nations challenge crypto experts and investigators to target tax crimes Read More »
What’s next for the ‘crypto king’ Sam Bankman-Fried? 03/11/2023 at 08:07 By Cointelegraph By Jesse Coghlan The former FTX CEO is headed back to prison and awaits a potential second trial in March, while his lawyers pledged to “continue to vigorously fight the charges against him.” This article is an excerpt from Cointelegraph.com News View
What’s next for the ‘crypto king’ Sam Bankman-Fried? Read More »
CFTC pays whistleblowers $16M this year for mostly crypto tips 01/11/2023 at 03:02 By Cointelegraph By Brayden Lindrea Two of the CFTC’s crypto tipsters scored $15 million alone which brought successful enforcement cases for the regulator. This article is an excerpt from Cointelegraph.com News View Original Source
CFTC pays whistleblowers $16M this year for mostly crypto tips Read More »
Sam Bankman-Fried lawyers pitch for changes to judge’s jury instruction 31/10/2023 at 15:02 By Cointelegraph By Prashant Jha Bankman-Fried’s attorneys have made several requests in the past few months, ranging from early bail to vegan food and prescription drugs. This article is an excerpt from Cointelegraph.com News View Original Source
Sam Bankman-Fried lawyers pitch for changes to judge’s jury instruction Read More »
A closer look at healthcare’s battle with AI-driven attacks 31/10/2023 at 08:02 By Mirko Zorz With its wealth of sensitive patient data, the healthcare industry has become a prime target for cybercriminals leveraging AI tools. As these threats continue to evolve, it’s important to understand how AI is shaping the cybercrime landscape in healthcare and
A closer look at healthcare’s battle with AI-driven attacks Read More »
Do Kwon and Terraform Labs ask judge to toss SEC’s lawsuit 31/10/2023 at 06:02 By Cointelegraph By Jesse Coghlan Do Kwon, the co-founder now-collapsed Terraform ecosystem maintains he and his firm did not skirt U.S. securities laws. This article is an excerpt from Cointelegraph.com News View Original Source
Do Kwon and Terraform Labs ask judge to toss SEC’s lawsuit Read More »
Sam Bankman-Fried denies defrauding FTX users at trial 27/10/2023 at 20:02 By Cointelegraph By Turner Wright As the final witness in his defense case, the former FTX CEO placed some of the blame for the crypto exchange’s failure on Gary Wang and Nishad Singh. This article is an excerpt from Cointelegraph.com News View Original Source
Sam Bankman-Fried denies defrauding FTX users at trial Read More »
AI strengthens banking’s defense against fraud 27/10/2023 at 06:32 By Help Net Security Consumers are ready for the next wave of payment technology, including deployment of AI-driven biometrics to verify identity in digital-first account opening processes, according to Entrust. The key to future payment solutions 63% of respondents indicated that they are comfortable with AI
AI strengthens banking’s defense against fraud Read More »
Fraud Detection Firm Spec Raises $15 Million 20/10/2023 at 18:31 By Ionut Arghire Silicon Valley fraud detection startup attracts $15 million in new financing from SignalFire, Legion Capital and Rally Ventures. The post Fraud Detection Firm Spec Raises $15 Million appeared first on SecurityWeek. This article is an excerpt from SecurityWeek RSS Feed View Original
Fraud Detection Firm Spec Raises $15 Million Read More »
Generative AI merges with intelligent malware, threat level rises 18/10/2023 at 06:00 By Help Net Security There has been a 44% increase in organized ID fraud in North America compared to preceding quarters, according to AU10TIX. This upsurge is believed to be driven by the ongoing economic recovery and inflationary pressures, particularly in the US
Generative AI merges with intelligent malware, threat level rises Read More »
AI-enabled bots can solve CAPTCHAs faster than humans 13/10/2023 at 06:02 By Help Net Security Companies are losing revenue in the fight against malicious bot attacks, according to survey by Kasada. Despite spending millions of dollars on traditional bot management solutions, companies are still financially impacted by bot attacks. 38% of respondents estimate that a
AI-enabled bots can solve CAPTCHAs faster than humans Read More »