FTC chair Lina Khan warns AI could "turbocharge" fraud and scams
Artificial intelligence tools such as ChatGPT could lead to a "turbocharging" of consumer harms including fraud and scams, and the US government has substantial authority to crack down on AI-driven consumer harms under existing law, members of the Fe.....»»
Audit warns costs for NASA"s new Artemis launcher could balloon to $2.7 billion
NASA's second mobile launcher needed for future missions in the Artemis program is already years late and millions over budget, and NASA's Office of the Inspector General warns it could get even worse......»»
The attack with many names: SMS Toll Fraud
Bad actors leverage premium-rate phone numbers and bots to steal billions of dollars from businesses. In this Help Net Security video, Frank Teruel, CFO at Arkose Labs, discusses how to spot and stop them. The post The attack with many names: SMS Tol.....»»
Ex-VW CEO Martin Winterkorn"s fraud trial starts years after emissions scandal
Former VW CEO Martin Winterkorn is defending himself against several criminal allegations relating to the automaker's diesel-cheating scandal......»»
VW warns of plant closures, job cuts in Germany to reduce spending
VW considers one large vehicle plant and one component factory in Germany to be obsolete, according to the automaker's works council......»»
VW warns of plant closures, forced lay offs in Germany in cost-cutting drive
VW considers one large vehicle plant and one component factory in Germany to be obsolete, according to the automaker's works council......»»
Romance fraud doesn"t only happen online—it can turn into real-world deception
We often think of fraudsters as people on the opposite side of the world. They will manipulate and exploit victims through words on a computer screen, or loving messages through the phone. But romance fraud can also happen in person, with the fraudst.....»»
Old methods, new technologies drive fraud losses
GenAI, deepfakes and cybercrime are critical threats putting intensifying pressures on businesses, according to Experian. Top online security concerns for consumers According to the FTC, consumers reported losing more than $10 billion to fraud in 202.....»»
Artificial intelligence is powering the latest fraud trends
The automotive retail industry was built on face-to-face interactions, but even experts often cannot spot an AI generated document with the naked eye......»»
Study IDs best "red flags" auditors can use to spot financial fraud
A new analysis of the benchmarks that auditors use to identify financial statement fraud risk finds that the most commonly used benchmarks are less effective at identifying fraud than benchmarks that are less commonly used......»»
"Humanity is failing": Official report warns our chance to save the Great Barrier Reef is fast closing
The Great Barrier Reef will continue to deteriorate, largely due to climate change, and the window to secure its future is rapidly closing. That is the sobering conclusion of a major new report into the state of the reef......»»
After cybersecurity lab wouldn’t use AV software, US accuses Georgia Tech of fraud
Researchers allegedly found security protocols "burdensome." Enlarge (credit: Georgia Tech) Dr. Emmanouil "Manos" Antonakakis runs a Georgia Tech cybersecurity lab and has attracted millions of dollars in the last few ye.....»»
Powell says "time has come" for Fed to cut interest rates
Fed chair Jerome Powell says it's time to cut interest rates but offers few clues as to how the Fed might proceed after September......»»
HBADA E3 Ergonomic Office Chair: Your waist is going to thank you!
If you’re someone who works in front of a computer often, chances are you’re also spending a lot of time sitting down. There have been numerous studies showing that sitting for an extended period of time can be detrimental to your health in the l.....»»
Fraud tactics and the growing prevalence of AI scams
In the first six months of 2024, Hiya flagged nearly 20 billion calls as suspected spam – more than 107 million spam calls everyday. The data showed spam flag rates of more than 20% of unknown calls (calls coming from outside of someone’s address.....»»
Doctor decries Apple gift card discount "scam" after failing to understand the terms of the deal
An academic with a sideline in TikTok videos about marketing scams claims Apple defrauded her over an iPad discount — despite her getting precisely the deal she was promised and should have expected.Apple gift cardsThis will shock you, but it's pos.....»»
A new pandemic could ride in on animals we eat, study warns
Researchers warn the animals we eat could be the gateway to a pandemic in the form of antimicrobial resistance, unleashing a wave of deadly superbugs......»»
Federal judge in Texas strikes down FTC’s ban on noncompete agreements
Judge: FTC Act doesn't give substantive rulemaking authority to FTC. Enlarge / Federal Trade Commission Chair Lina Khan arrives to testify before the House Appropriations Subcommittee at the Rayburn House Office Building on May 1.....»»
Physicists develop new model that describes how filaments assemble into active foams
Many fundamental processes of life, and their synthetic counterparts in nanotechnology, are based on the autonomous assembly of individual particles into complex patterns. LMU physicist Professor Erwin Frey, Chair of Statistical and Biological Physic.....»»
McAfee Deepfake Detector combats AI scams and misinformation
McAfee launched McAfee Deepfake Detector, the latest addition to the company’s suite of AI-powered products. With AI-created videos, or deepfakes, flooding the internet and circulating across social media, we now live in a world where seeing and he.....»»
Ticketmaster SafeTix move was deliberately anticompetitive, says DOJ lawsuit
Ticketmaster SafeTix, a feature the company claimed was for fraud-prevention, was actually intended to make it harder for customers to buy their tickets from other resellers, according to an antitrust lawsuit. The complaint says this is proven by int.....»»