Theranos exec Sunny Balwani convicted of fraud
He and fraudster Elizabeth Holmes ran the Silicon Valley company as a couple before its implosion......»»
IPTV Piracy Group Members Arrested For Signal Theft, Fraud, Money Laundering
Officers of the Quebec Provincial Police (Sûreté du Québec) carried out raids this week against suspected members of an IPTV piracy group operating in Canada. At least five people were arrested on suspicion of various crimes including theft of tel.....»»
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.....»»
Apple is gearing up to celebrate spring with new Apple Watch band colors
Apple is preparing to usher in the new season with a sunny new lineup of Apple Watch bands in a variety of pastel colors.2023 spring Apple Watch bands - image credit MacRumorsWhile not officially announced, Apple is likely gearing up for a spring spe.....»»
Unsealed court doc shows why Apple rejected Microsoft’s offer to buy Bing
Apple exec: Microsoft putting $100 billion into Bing was "not significant at all." Enlarge (credit: NurPhoto / Contributor | NurPhoto) After failing for almost a decade to convince Apple to ditch Google and set Bing as S.....»»
DataVisor introduces fraud and risk solution for financial institutions
DataVisor launched a solution designed to both detect fraud and financial crimes more effectively and to uphold sponsor bank compliance in the face of evolving regulations for Banking-as-a-Service (BaaS) offerings. As the fintech industry continues t.....»»
How to build your own robot friend: Making AI education more accessible
From smart virtual assistants and self-driving cars to digital health and fraud prevention systems, AI technology is transforming almost every aspect of our daily lives—and education is no different. For all its promise, the rise of AI, like any ne.....»»
Snapchat isn’t liable for connecting 12-year-old to convicted sex offenders
Section 230 shields Snapchat from minor’s claims that algorithm enabled rape. Enlarge (credit: Bloomberg / Contributor | Bloomberg) A judge has dismissed a complaint from a parent and guardian of a girl, now 15, who wa.....»»
Wire fraud scams escalate in real estate deals
In this Help Net Security video, Tyler Adams, CEO at CertifID, illustrates how the real estate sector needs to invest significant effort in educating consumers and implementing protective measures to safeguard real estate transactions. Recent CertifI.....»»
‘Sophisticated’ iPhone fraud involving fake handsets leads to convictions
A scam that defrauded Apple out of millions of dollars’ worth of iPhones has led to the convictions of two of the perpetrators......»»
Tinder verification coming to the US amid rise in romance scams
Tinder verification will be rolling out in the US, UK, Brazil, and Mexico as the dating app seeks to tackle the growing problem of romance fraud … more….....»»
Alleged Raccoon Infostealer operator extradited, verification site set up for victims
A Ukrainian national was extradited to the United States from the Netherlands after being indicted for crimes related to fraud, money laundering, and aggravated identity theft. According to court documents, Mark Sokolovsky conspired to operate the Ra.....»»
Why identity fraud costs organizations millions
92% of respondents to a recent report shared that their organization had been a victim of identity fraud, costing an average of $4.3 million over the last 12 months. Even so, only 40% stated identity verification as a top identity challenge, noting t.....»»
Fraudsters have found creative ways to scam some businesses
70% of businesses report that fraud losses have increased in recent years and over half of consumers feel they’re more of a fraud target than a year ago, according to Experian. To thwart fraudulent activity in 2024, businesses need to deploy more s.....»»
Former Stellantis exec Mark Stewart takes reins as CEO of Goodyear
Stewart has been meeting with customers, partners and employees and studying "functions and financials" to better understand the business......»»
How a musician accused of fraud got his music back on Spotify, iTunes
Spotify and Apple Music started cracking down on streaming fraud last year. Enlarge / Musician Benn Jordan, who performs under the alias The Flashbulb, successfully defended his music against streaming fraud allegations......»»
Mitek MiControl empowers financial institutions to detect check fraud
Mitek introduced MiControl, a comprehensive fraud management console that works with Mitek’s Check Fraud Defender. MiControl detects check fraud, reduces losses and further increases consumers’ online security. With its advanced visualizations an.....»»
Cryptocurrency maker sues former Ars reporter for writing about fraud lawsuit
Bitcoin Latinum angry about quotes from fraud lawsuit and Star Trek reference. Enlarge / Image from Bitcoin Latinum's website (credit: Bitcoin Latinum) The cryptocurrency firm Bitcoin Latinum has sued journalists at Forb.....»»
Sumsub Deepfake Detection combats AI-driven identity fraud
Sumsub has launched a Deepfake Detection feature integrated into its Video Identification solution. This comes as AI-powered fraud increasingly targets businesses, not just individual users. Sumsub’s 2023 Identity Fraud Report revealed a 10x in.....»»
Optical invention mirrors the image processing power of a human eye
On a cold, sunny day, you're driving on a rural road, surrounded by snow-covered fields. In an instant, your eyes process the scene, picking out individual objects to focus on—a stop sign, a barn—while the rest of the scene blurs in the periphery.....»»
GM Cruise nabs former Apple car exec for autonomous car safety chief role
A former Apple executive linked to the Apple Car has joined General Motors Cruise, becoming the chief of its self-driving taxi unit.Steve Kenner [Kodiak]Steve Kenner became the chief of safety at the GM autonomous vehicle unit on Monday, the company.....»»