Losses due to cryptocurrency and BEC scams are soaring
Every type of fraud is on the rise, and 2023 was a particularly devastating year for victims of cryptocurrency and business email compromise (BEC) scams, according to the FBI. Cryptocurrency fraud Based on complaints filed to FBI’s Internet Cri.....»»
Vietnam faces $3bn annual crop losses from rising saltwater levels
Vietnam faces nearly $3 billion a year in crop losses as more saltwater seeps into arable land, state media reported Sunday, citing new research......»»
Insurance Rates Are Soaring for US Homeowners in Climate Danger Zones
Research shows the soaring costs hint at widespread, unpriced risk as the global climate warms, with states like California, Florida and Louisiana hit hardest......»»
How teams can improve incident recovery time to minimize damages
With breach recovery costs skyrocketing, speeding time to recovery to minimize downtime and losses should be top of mind for security leaders. Yet, most focus on adding more prevention and detection tools. In this Help Net Security video, Nick Scozza.....»»
Supply chain disruptions will further exacerbate economic losses from climate change, finds study
Global GDP loss from climate change will increase exponentially the warmer the planet gets when its cascading impact on global supply chains is factored in, finds a new study led by UCL researchers......»»
Tax-related scams escalate as filing deadline approaches
As the April 15, 2024 tax filing deadline approaches in the US, some old and some new tax-related scams targeting both taxpayers and tax professionals. Tax-related scams targeting taxpayers With taxpayers rushing to file their personal federal income.....»»
Bald eagles eat prairie dogs? Researchers underscore relationship between raptors and rodents in the Great Plains
We all know that bald eagles like fish. Few of us, however, picture them soaring over grasslands seeking out prairie dog snacks. In a paper published in the Journal of Raptor Research, lead author Courtney Duchardt and co-authors make the case that p.....»»
‘Artificial paydown" fraud from customers can leave car dealers, auto lenders with losses
An Oklahoma man pleaded guilty to three counts related to duping dealers into paying or crediting him with funds based on what authorities called reports of phony former vehicle payoffs......»»
Spain tells Sam Altman, Worldcoin to shut down its eyeball-scanning orbs
Cryptocurrency launched by OpenAI's Altman is drawing scrutiny from regulators. Enlarge / Worldcoin's "Orb," a device that scans your eyeballs to verify that you're a real human. Spain has moved to block Sam Altman’s.....»»
Decoding cryptocurrency regulation in the legibility framework
Since its introduction, cryptocurrency governance has been one of the most controversial global financial topics. While some countries have established elaborate regulations for cryptocurrencies, many countries are still reluctant to oversee the mark.....»»
Rivian laid off about 100 Illinois workers as part of broader job cut plan
The job losses here are much smaller than the cutbacks among salaried workers......»»
Phishers target FCC, crypto holders via fake Okta SSO pages
A new phishing campaign is using fake Okta single sign-on (SSO) pages for the Federal Communications Commission (FCC) and for various cryptocurrency platforms to target users and employees, Lookout researchers have discovered. The phishing campaign B.....»»
Tesla eats humble pie after bailing on bakery
After backing out of an order for thousands of pies, Tesla covered a Silicon Valley bakery's losses after news about the situation reached CEO Elon Musk......»»
New Study Estimates as Much as $75 Billion in Global Victims’ Losses to Pig-Butchering Scam
“These are large criminal organized networks, and they’re operating largely unscathed,” said the lead author of the study, which tracked the flow of funds through crypto exchanges. Pig-butchering scammers have likely stolen mo.....»»
Unlocking the mechanism of pineapple internal browning
Internal browning (IB) is a significant post-harvest issue in pineapples, impacting fruit quality and leading to substantial losses, yet its mechanism remains poorly understood. Studies have shown that the accumulation of phenolic compounds plays a k.....»»
Vishing, smishing, and phishing attacks skyrocket 1,265% post-ChatGPT
76% of enterprises lack sufficient voice and messaging fraud protection as AI-powered vishing and smishing skyrocket following the launch of ChatGPT, according to Enea. Enterprises report significant losses from mobile fraud 61% of enterprises still.....»»
Under climate change, catastrophic bushfires in Australia can strike any time
Victorians were braced for the worst on Wednesday amid soaring temperatures and gusty winds, creating the state's worst fire conditions in years. Authorities have declared a "catastrophic" fire risk in some parts of the state......»»
AU10TIX KYB solution validates info against global registries and jurisdictions
AU10TIX launched an Know Your Business (KYB) solution that enables companies to know exactly who they are doing business with and avoid potential financial and reputational losses. By combining KYB with Know Your Customer (KYC) processes, the offerin.....»»
Unlocking the potential of protease inhibitors for enhanced pest resistance in tea plants
Protease inhibitors are a promising strategy for enhancing herbivore resistance in plants, which is crucial for addressing the significant yield losses in crops such as tea plants due to insect herbivores. Serine protease inhibitors (SERPIN) are one.....»»
Entrepreneurs" stock losses bruise their businesses
When a recession takes a bite out of an entrepreneur's personal stock portfolio, does that person's business suffer more than those of older and larger competitors?.....»»
Lucid says Q4 net losses widen to $654 million, predicts stagnant production
The EV maker said its full-year 2023 net loss was $2.83 billion compared with 2022's net loss of $1.3 billion. Its stock price fell sharply after the disappointing fourth-quarter earnings report......»»