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......»»
Teradata collaborates with FICO to help customers reduce fraud
Teradata and FICO announced they plan to bring to market integrated advanced analytic solutions for real-time payments fraud, insurance claims, and supply chain optimization. Bringing data, analytics and insights together in one environment streamlin.....»»
Cash or card? Consumers pay strategically to forget guilty purchases, study shows
"Will you be paying with cash or card?".....»»
Enzoic’s identity breach monitoring solution protects accounts and data from fraud
Enzoic launched an identity monitoring offering, enabling organizations to continuously track and ensure their users’- whether its customers or employees– personally identifiable information (PII) has not been exposed. This reduces the risk of id.....»»
Exploring the psychopathic traits behind the rise and fall of Madoff
A new academic study examining the actions of Bernie Madoff, the New York banker behind the world's biggest Ponzi fraud, suggests companies do more to root out "corporate psychopaths" within their organizations to prevent financial ruin......»»
Apple touts $2 billion in App Store fraud prevented last year amid rumors of third-party app stores on iPhone
Apple is out with a new press release today touting the success of the App Store’s ability to prevent fraud. According to the company, the App Store prevented more than $2 billion in “potentially fraudulent transactions” in 2022, terminated 42.....»»
Loose lips sink ships: Project Titan(ic) engineer charged by DOJ for stealing Apple’s self-driving car tech
The United States Department of Justice has announced formal charges against a former Apple engineer. As reported by CNBC, Weibao Wang has been accused of stealing Apple’s autonomous driving technology for a Chinese self-driving car startup. Wang.....»»
ComplyAdvantage Fraud Detection identifies and prevents transaction fraud
Criminals have never had more avenues through which to defraud people. This has been fueled by the proliferation of technology ranging from instant messaging to new forms of remittance, like P2P and real-time payments. That’s why ComplyAdvantag.....»»
Fraudsters send fake invoice, follow up with fake exec confirmation
Fraudsters are trying out a new approach to convince companies to pay bogus invoices: instead of hijacking existing email threads, they are creating convincing ones themselves. A clever payment request fraud The fraud attempt begins with an email con.....»»
Fraud victims risk more than money
Digital fraud has significant financial and psychological repercussions on victims, according to Telesign. Businesses may find a new reason to fear digital fraud as the negative impacts of digital fraud on companies’ brand perception and the bottom.....»»
YouTuber Trevor Jacob admits to crashing plane for views
Prosecutors say Trevor Jacob will plead guilty to obstructing an investigation by destroying the wreckage......»»
Point Predictive BorrowerCheck 3.0 combats fraud and identity theft
Point Predictive launched its newest solution, BorrowerCheck 3.0. Available via API or web browser, BorrowerCheck 3.0 addresses the problem of fraud and identity theft in a more comprehensive way than existing identity solutions to help stop the bill.....»»
DCI partners with DataVisor to help banks fight fraud
Financial fraud has increased substantially as the trend towards mobile banking and digitization accelerates. In 2022 alone, the Federal Trade Commission received over 1.1 million reports of identity theft and over 440,000 reports of credit card frau.....»»
Kasada and Signifyd join forces to combat eCommerce fraud
Kasada partners with Signifyd to help eCommerce providers deliver on their core business priorities to reduce fraud while improving the user experience. Together Kasada and Signifyd provide an impenetrable barrier against fraud. Kasada’s anti-bot p.....»»
Twitter hacker pleads guilty to hijacking accounts of Apple, Musk, Biden, and others
One of the Twitter hackers who hijacked the official Apple account, as well as those belonging to around 130 high-profile figures, has now pleaded guilty. British citizen Joseph O’Connor has pleaded guilty to multiple counts of computer intrusion,.....»»
Apple & Elon Musk Twitter hacker pleads guilty to cryptocurrency scam
British hacker Joseph James O'Connor pleaded guilty to hacking well-known Twitter accounts, including those of Apple, Kanye West, Elon Musk, and Joe Biden and faces two decades in prison.In July 2020, O'Connor hacked several high-profile accounts on.....»»
UK citizen extradited to US pleads guilty to 2020 Twitter hack
A citizen of the United Kingdom who was extradited to New York from Spain last month has pleaded guilty to cyberstalking and computer hacking schemes, including the 2020 hack of the social media site Twitter, the U.S. Justice Department said on Tuesd.....»»
Briton pleads guilty in US to 2020 Twitter hack
It was probably the most high-profile hack in social media history, hitting dozens of famous accounts......»»
SBF says “dishonesty and unfair dealing” aren’t fraud, seeks to dismiss charges
FTX founder Sam Bankman-Fried prepares to "clear his name." Enlarge (credit: Drew Angerer / Staff | Getty Images North America) Late Monday, legally embroiled FTX founder Sam Bankman-Fried moved to dismiss the majority o.....»»
CertifID provides identity verification designed to combat seller impersonation fraud
CertifID released an identity verification solution to help title agencies and real estate firms combat seller impersonation fraud. The solution augments CertifID’s existing capabilities that evaluate more than 150 markers of fraud, including the v.....»»
Sam Bankman-Fried wants his case thrown out of court
Lawyers for FTX founder Sam Bankman-Fried on Monday filed motions to dismiss the US government's fraud charges against him......»»