FTX"s Nishad Singh pleads guilty to fraud charges
Former FTX engineer says he is 'unbelievably sorry' for his role in the alleged crypto scheme......»»
Dell fined $6.5M after admitting it made overpriced monitors look discounted
Dell Australia is paying for something many of its peers are guilty of. Enlarge (credit: Dell) Dell's Australia arm has been slapped with a $10 million AUD (about $6.49 million) fine for "making false and misleading rep.....»»
Crime blotter: Apple Stores hit with forklift, serial thefts, and slight-of-hand cash robbery.
In the latest Apple Crime Blotter, a viral plane incident began with an AirPods dispute, a SIM swapper pleads guilty, and the case of an AirPod theft from a school wraps up four years later.The Apple Store in Downtown Los AngelesThe latest in an occa.....»»
Canadian woman pleads for Amazon to stop unwanted deliveries
A woman in Canada has been receiving daily deliveries from Amazon for the last two months, even though she didn't order anything. So what's going on?.....»»
Saudi Arabia passes law requiring USB-C charges for smartphones
From 2025, Apple's iPhone and all Android smartphones sold in Saudi Arabia will have to have a USB-C charging port, with laptops to follow in 2026.After the European Union's mandate that all smartphones switch to USB-C charging, the government of Sau.....»»
Apple has "sweetheart deal" with TSMC that saves it billions of dollars
TSMC's new 3nm manufacturing process has around a 30% failure rate but under exclusive terms, the company only charges Apple for working processors.Processors are made in wafers. (Source: TSMC)Apple has long had what its COO Jeff Williams has describ.....»»
Russian kangaroo court fines Apple two seconds of profit over News row
A Russian court this week fined Apple about $4200 for failing to suppress Apple News content about Russia's invasion of Ukraine, equivalent to barely over two seconds of profit for the company.Moscow, RussiaApple was found guilty of violating a law ".....»»
Razzlekhan and husband guilty of $4.5bn Bitcoin launder
Heather Morgan and husband Ilya Lichtenstein plead guilty to money laundering and defrauding the US......»»
Angry Tesla customers sue firm over “grossly” exaggerated EV range
Three Tesla drivers launch class action, alleging fraud and false advertising. Enlarge / Tesla cars charging on July 17, 2022, in Nephi, Utah. (credit: Getty Images | George Frey ) Tesla is facing a class-action lawsuit.....»»
Traceable AI combats API abuse with digital fraud prevention capabilities
Traceable AI introduced digital fraud prevention capabilities, to deliver protection against fraudulent activities across APIs and digital interfaces. This innovation is crucial, especially in the post-COVID era, as businesses continue to grapple wit.....»»
Assault charges dropped for Ford exec
Franck Louis-Victor was arrested this month after a domestic dispute with his wife at his home in Michigan. He was accused of trying to burn two high-end handbags worth up to $20,000......»»
Researchers look at who"s to blame for financial fraud
When companies deceive shareholders about earnings or commit other kinds of accounting fraud, the legal fireworks can be spectacular. Even if the companies don't collapse, as in the notorious Enron case, some executives are sent to jail, fired, or ot.....»»
CISOs gear up to combat the rising threat of B2B fraud
The ongoing banking and economic turmoil has opened the floodgates to fraudsters. In this Help Net Security video, ex-British Intelligence officer Alex Beavan, Head of Ethics and Anti-Corruption at Convera, discusses how fraudsters target businesses.....»»
Apple slammed with $1 billion class action lawsuit in UK over 30% App Store fee
A new class action lawsuit in the UK from over 1,500 developers calls Apple's App Store fee excessive and a result of the company's app distribution monopoly.Apple ParkApple charges developers up to a 30% commission on transactions made on its platfo.....»»
Google loses Chromecast patent dispute, must pay $338 million
Google has been found guilty of infringing on streaming video patents in its Chromecast devices for the last decade, but at $338.7 million, the financial penalty is relatively minor for the tech giant.Google owes money in Chromecast patent caseThe in.....»»
The growing impact of generative AI on cybersecurity and identity theft
Personal data is under siege in the digital world. Beating the threat takes building a comprehensive, multi-layered fraud stack. Personal data is under siege in the digital world. Beating the threat takes building a comprehensive, multi-layered f.....»»
Criminal justice researcher says bail reform needs to go further
If you are innocent until proven guilty, why would you have to pay money to get out of jail before the case goes to trial?.....»»
“Church of Bleach” family guilty on all counts, plans to appeal
The family, who represented themselves, did not speak during the trial. Enlarge / Bottles of MMS, the bleach product that Genesis II Church of Health and Healing was ordered to stop selling. (credit: Genesis II Church of Health a.....»»
Stellantis unit official pleads guilty to felony in U.S. diesel emissions probe
The Justice Department said the guilty plea by Emanuele Palma accompanies the earlier conviction of Fiat Chrysler, now part of Stellantis, for defrauding the EPA and customers......»»
DataVisor collaborates with Q6 Cyber to enhance fraud detection capabilities
DataVisor announced a partnership with Q6 Cyber to centralize relevant threat intelligence data in a single platform to increase fraud detection accuracy. Q6 Cyber’s proprietary threat intelligence enriches DataVisor’s existing fraud signals, pro.....»»
Mobile roaming charges: Ofcom proposes new rules to curb fees
Ofcom says mobile networks would have to tell people when they are going to be charged......»»