Theranos exec Sunny Balwani convicted of fraud
He and fraudster Elizabeth Holmes ran the Silicon Valley company as a couple before its implosion......»»
Lamborghini lawsuit against Ill. dealership can proceed, federal judge rules
A federal judge in Illinois has refused to dismiss a fraud claim by Automobili Lamborghini America against a Chicago dealership, its president and an employee for allegedly selling dozens of luxury vehicles to known resellers, misreporting those sale.....»»
9to5Mac Daily: October 10, 2024 – Apple exec changes, Amazon partnership
Listen to a recap of the top stories of the day from 9to5Mac. 9to5Mac Daily is available on iTunes and Apple’s Podcasts app, Stitcher, TuneIn, Google Play, or through our dedicated RSS feed for Overcast and other podcast players. Level u.....»»
Former Apple hardware chief Dan Riccio is retiring
He's not the first Apple exec to take a multi-stage approach to retirement. Dan Riccio, one of Apple's most prominent executives for more than two decades, will retire from the co.....»»
Trulioo Fraud Intelligence fights fraud during onboarding
Trulioo launched Trulioo Fraud Intelligence, a new capability that delivers predictive risk insights across more than 195 countries. Trulioo Fraud Intelligence transforms how global businesses fight synthetic and third-party fraud. The capability pro.....»»
AuthenticID Velocity Checks detects fraudulent activities
AuthenticID released Velocity Checks, a new tool that integrates with its comprehensive identity verification and fraud prevention platform. The solution leverages biometric and document analysis to detect multiple identities for fraudulent activitie.....»»
Spotting AI-generated scams: Red flags to watch for
In this Help Net Security interview, Andrius Popovas, Chief Risk Officer at Mano Bank, discusses the most prevalent AI-driven fraud schemes, such as phishing attacks and deepfakes. He explains how AI manipulates videos and audio to deceive victims an.....»»
Ex-VW Winterkorn"s diesel scam trial suspended due to ailing health
The criminal charges against Winterkorn include fraud, market manipulation and unlawful false testimony before a parliamentary committee......»»
Convicted murderer released in the "90s agrees to life sentence on 2 new murder charges
Convicted murderer released in the "90s agrees to life sentence on 2 new murder charges.....»»
Senate holds rich CEO of “third-world medicine” hospitals in contempt
Ralph de la Torre, CEO of Steward, faces up to 12 months in prison if convicted. Enlarge / Vermont Senator Bernie Sanders speaks about Ralph De La Torre's spending habits during the US Senate Committee on Health, Education, Labor.....»»
Future Pixel Watches could solve Google’s repairability problem
A Google exec's comments suggest that a more repairable Pixel Watch might be on the way......»»
NICE Actimize Fraud Investigation combats fraud and financial crime
NICE Actimize launched AI-powered Fraud Investigations solution that facilitates end-to-end fraud management capabilities from detection to investigations. Explicitly designed to enable fraud investigations post detection, the new solution helps fina.....»»
Discover how online fraud can impact your business
Recent reports underscore increased fraud losses driven by both old methods and new technologies. As fraudsters exploit advancements in AI and other sophisticated tools, their methods have become more difficult to combat. From AI-driven scams and sop.....»»
65% of websites are unprotected against simple bot attacks
Companies across industries are seeing more bot-driven attacks, both basic and advanced, according to DataDome. An analysis of over 14,000 websites uncovered alarming gaps in protection against cyber fraud, particularly within consumer-centric indust.....»»
"Pig butchering" fraud: The link between modern slavery, torture and online crime
Netflix documentary "The Tinder Swindler" tells the story of a fraudster who convinces women he met on a dating app to "loan" him large sums of money. It shows the devastating financial damage and psychological trauma online romance fraud can inflict.....»»
Restaurant owner who hid over $2M in cash in his bedroom convicted of tax, COVID-relief fraud
Restaurant owner who hid over $2M in cash in his bedroom convicted of tax, COVID-relief fraud.....»»
Stellantis chair Elkann targeted in $84 million seizure over alleged tax fraud
An Italian judge has seized assets worth around $84 million from five people including Stellantis and Ferrari Chair John Elkann......»»
How to detect and stop bot activity
Bad bot traffic continues to rise year-over-year, accounting for nearly a third of all internet traffic in 2023. Bad bots access sensitive data, perpetrate fraud, steal proprietary information, and degrade site performance. New technologies are enabl.....»»
Mistrial declared for ex-AT&T exec accused of bribing government official
Jury asked question about bribery "intent" before declaring themselves deadlocked. Enlarge (credit: Getty Images | AaronP/Bauer-Griffin) A mistrial was declared today in the trial of former AT&T Illinois President Paul L.....»»
Apple Intelligence servers are really basic, says Craig Federighi – and that’s deliberate
Apple software SVP Craig Federighi says that the Private Cloud Compute servers used for Apple Intelligence features are really basic – and with good reason. The exec says it’s one of a number of decisions the company made to ensure that it’s.....»»
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.....»»