Theranos exec Sunny Balwani convicted of fraud
He and fraudster Elizabeth Holmes ran the Silicon Valley company as a couple before its implosion......»»
Trustmi Certify provides protection against business payment fraud
Trustmi released Trustmi Certify, a critical innovation in its new solution for bank account validation. Businesses can now benefit from Trustmi’s holistic approach to bank account validation that accurately verifies the account and provides full p.....»»
HireRight Global ID enables employers to remotely verify their candidates’ identity documents
HireRight launched its new global identity verification solution, Global ID. With identity theft and fraud on the rise—and many employees being onboarded and working remotely—it is arguably more important than ever to verify candidates’ identit.....»»
Daon xSentinel minimizes generative AI voice fraud
Daon announced the addition of xSentinel, an expansion of its AI.X technology. xSentinel provides adaptive synthetic voice protection to create a layer of defense within any voice communication channel and enhance the identity verification technologi.....»»
Veteran Apple exec behind iPhone’s multitouch screen, Touch ID, and more departing
A veteran Apple executive responsible for a myriad of features over the years is departing the company. Bloomberg reports that Steve Hotelling, who worked on key technologies like the iPhone’s multitouch screen, Touch ID, and Face ID, is retiring f.....»»
Ex-Twitter exec sues Musk, says he was fired for objecting to budget cuts
Fired exec suing Musk says he warned that budget cuts would harm FTC compliance. Enlarge (credit: Getty Images | NurPhoto ) A former Twitter security executive sued Elon Musk and X Corp. yesterday, alleging that he was u.....»»
9 out of 10 South African criminals reoffend, while in Finland it"s 1 in 3—here is why
A very large percentage of South Africans who are released from prison end up being rearrested and being convicted for crimes again. The country has one of the highest recidivism rates in the world......»»
Veteran CDK sales exec Mark Hnilicka dies at 71
Hnilicka, who died of complications from Alzheimer's, was a 35-year veteran employee and leader going back to CDK's earlier incarnation as ADP's Dealer Services business......»»
Tubi is taking its free TV to the U.K. as it appoints new exec
Tubi — a free, ad-supported streaming service — is expanding to the U.K. as it appoints a new exec to oversee international markets......»»
Behind Mini’s Las Vegas Sphere ad that touts new in-car digital assistant ‘Spike’
Pereira O’Dell exec describes the advantages, and challenges, of creating an ad for the massive structure......»»
A Peruvian farmer is trying to hold energy giant RWE responsible for climate change—the inside story
On a crisp, sunny day high in the Peruvian Andes, two German judges gaze across a mountain lake to the towering white glaciers in the distance. Dark spots are visible on the pristine ice and, in quiet moments, the cold wind carries the sounds of crea.....»»
For its next trick, Gaia could help detect background gravitational waves in the universe
Ripples in a pond can be captivating on a nice sunny day as can ripples in the very fabric of space, although the latter are a little harder to observe. Using the highly tuned Gaia probe, a team of astronomers proposes in a paper posted to arXiv prep.....»»
Cybercriminals turn to ready-made bots for quick attacks
Bots and human fraud farms were responsible for billions of attacks in the H1 of 2023 and into Q3, according to Arkose Labs. These attacks comprised 73% of all website and app traffic measured. In other words, almost three-quarters of traffic to digi.....»»
Former Big Red Dealerships controller, compliance officer sentenced in auto lender fraud case
The two co-conspirators in the Big Red Dealerships scheme to defraud car lenders have each been sentenced in the case, one receiving nearly two years in prison and the other nearly three years......»»
Apple Music fraud falls by 30% after beefing up protections
Apple Music fraud has fallen by 30% in the past year, says a new report, after the company implemented stronger protection against so-called streaming manipulation. The most obvious example of streaming fraud is where a musician uses a network of.....»»
Sigma Synthetic Fraud v4 uncovers multiplex synthetic-specific features
Socure has launched Sigma Synthetic Fraud v4. The product uses advanced machine learning and diverse, third-party and network feedback data to uncover patterns linked to insidious synthetic identity fraud. The Deloitte Center for Financial Services e.....»»
Nikola founder Trevor Milton seeks probation after fraud conviction
Trevor Milton, the convicted founder of electric- and hydrogen-powered truck maker Nikola, is seeking to avoid prison, with his lawyers saying his case differed from that of Theranos' Elizabeth Holmes, another startup founder convicted of fraud......»»
New report shines a light on the scope and scale of teenage terrorism offenders for the first time
New research into children convicted of terrorism offenses in England and Wales has revealed a sharp rise in "homegrown" teenage terrorist activity, with extreme-right ideology fueling the majority of cases......»»
Starlink’s overzealous fraud detection locked users out of their accounts
"We had an account issue that led us to falsely flag your account as fraud." Enlarge / A Starlink satellite dish in Oriximiná, Brazil on August 9, 2023. (credit: Getty Images | Tarcisio Schnaider) The Starlink bug that.....»»
KasadaIQ for Fraud enables enterprises to predict and prevent account takeover
Kasada announced KasadaIQ, its new suite of attack prediction services. The first service in this suite — KasadaIQ for Fraud — supplies actionable signals, collected across millions of points across the Internet, for businesses who need insight i.....»»
Researcher investigates fraud deterrence in under-examined markets
Asper School of Business assistant professor of finance Jianning Huang has published a paper in Review of Accounting Studies, co-authored with Richard A. Cazier and Fuzhao Zhou, that examines how regulation affects the prevalence of fraud in over-the.....»»