Theranos exec Sunny Balwani convicted of fraud
He and fraudster Elizabeth Holmes ran the Silicon Valley company as a couple before its implosion......»»
Fujitsu bugs that sent innocent people to prison were known “from the start”
Software bugs were hidden from lawyers of wrongly convicted UK postal workers. Enlarge / Paul Patterson, co-CEO of Fujitsu's European division, testifies for a public inquiry in London on January 19, 2024. (credit: Getty Images.....»»
Study analyzes differences among lone, pair and group terror attackers
Analysis of more than 140 individuals convicted of extremist offenses in England and Wales has revealed how terrorists who act alone, in pairs, or in a group differ in background, social influence and activity......»»
Digital nomads amplify identity fraud risks
The number of foreign document verification cases in all parts of the world has grown by an average of 21% since the summer of 2021, according to Regula. It’s even higher in the US and UAE: these countries are experiencing a 25% increase. As for in.....»»
Former Lexus exec Vinay Shahani to lead sales and marketing at Nissan North America
Lexus, Nissan, Toyota, Volkswagen veteran Vijay Shahani replaces Mike Colleran, who retires March 31......»»
Fujitsu is sorry that its software helped send innocent people to prison
Fujitsu exec: "Bugs and errors" aided wrongful prosecutions of UK postal workers. Enlarge / Paul Patterson, co-CEO of Fujitsu's European division, giving evidence to the Business and Trade Committee at the Houses of Parliament, L.....»»
Fujitsu apologizes for software bugs that fueled wrongful convictions in UK
Fujitsu exec: "Bugs and errors" aided wrongful prosecutions of UK postal workers. Enlarge / Paul Patterson, co-CEO of Fujitsu's European division, giving evidence to the Business and Trade Committee at the Houses of Parliament, L.....»»
She’s the only woman living on an island of convicted criminals
She’s the only woman living on an island of convicted criminals.....»»
ID R&D introduces voice clone detection to protect users against audio deepfakes
ID R&D introduced voice clone detection as a new option for its IDLive Voice liveness detection product. Detecting voice clones and audio deepfakes can prevent fraud and crime, deter bad actors, and help preserve trust in the authenticity of digital.....»»
Escalating cyber threats: Bots, fraud farms, and cryptojacking surge, urgently requiring attention
The motivations behind cyberattacks are as diverse as the methods employed. Whether driven by financial gain, political agendas, or sheer malice, cybercriminals exploit weaknesses in cybersecurity defenses, seeking entry points to compromise sensitiv.....»»
All Science journals will now do an AI-powered check for image fraud
It will only catch the most blatant problems, but it's definitely overdue. (credit: Aurich Lawson) On Thursday, the research publisher Science announced that all of its journals will begin using commercial software that.....»»
29 malware families target 1,800 banking apps worldwide
Mobile banking is outpacing online banking across all age groups due to its convenience and our desire to have those apps at our fingertips, according to Zimperium. However, this surge is accompanied by a dramatic growth in financial fraud. The resea.....»»
US dodges delay of Sam Bankman-Fried’s sentencing by dropping second trial
SBF's sentencing remains scheduled for March 28. Enlarge (credit: TIMOTHY A. CLARY / Contributor | AFP) After FTX co-founder Sam Bankman-Fried was convicted of seven charges related to wire fraud and money laundering in.....»»
How a brazen passcode thief used stolen iPhones to rob $2 million
A convicted thief has revealed how he would trick owners into giving him their iPhone passcode — and then how he could steal their life savings.Once a thief has your iPhone passcode, they can lock you out of your own phoneFollowing Apple's launch o.....»»
Disgraced Nikola founder Trevor Milton gets 4-year sentence for lying about EVs
Prosecutors had asked for a heavier sentence to deter future fraud. Enlarge / Trevor Milton, founder of Nikola Corp., arrives at court in New York on Monday, Dec. 18, 2023. Milton is set to be sentenced on Monday after being foun.....»»
Nikola founder Trevor Milton sentenced to 4 years in U.S. prison for fraud
Prosecutors had sought a sentence “in line” with the 11 years recommended by probation officials, saying a lengthy term of incarceration was needed both to punish Milton and deter other corporate executives from similar misconduct......»»
Elon Musk’s X ad revenue reportedly fell $1.5B this year amid boycotts
"We are not Twitter any longer," X exec said. Enlarge (credit: Leon Neal / Staff | Getty Images Europe) It's hard to know exactly how dire the financial situation is at Elon Musk's X (formerly Twitter). However, insider.....»»
Visa Provisioning Intelligence predicts probability of token fraud
Visa launched Visa Provisioning Intelligence (VPI), an AI-based product designed to combat token fraud at its source. Available as a value-added service for clients, VPI uses machine learning to rate the likelihood of fraud for token provisioning req.....»»
Woman falsely accused of fraud sues McGrath Kia, bank and police in Chicago suburb
Sade Crockett, an African-American woman, is suing McGrath Kia for allegedly violating her 14th Amendment rights and Illinois state law, and for negligence......»»
DataVisor integrates SMS customer verification into its platform
DataVisor announced the expansion of its end-to-end platform capabilities with the integration of SMS customer verification for fraudulent transactions. This new offering, powered by Twilio technology, provides customers with enhanced fraud protectio.....»»
Apple exec departure leads to major iPhone, Apple Watch reshuffle
Tang Tan is leaving the company, and multiple people will shift to take his place. Enlarge / The iPhone 15 Pro. (credit: Samuel Axon) According to a report in Bloomberg, Tang Tan, vice president of Product Design, is lea.....»»