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Theranos exec Sunny Balwani convicted of fraud

He and fraudster Elizabeth Holmes ran the Silicon Valley company as a couple before its implosion......»»

Category: hdrSource:  bbcJul 7th, 2022

Galileo delivers real-time fraud detection for fintechs, banks and businesses

Galileo is delivering fintechs, banks and businesses new ways to fight fraud with the launch of Galileo Instant Verification Engine (GIVE) and Transaction Risk GScore. As digital transactions surge and cyber threats evolve, these tools offer fintechs.....»»

Category: securitySource:  netsecurityRelated NewsSep 10th, 2024

Driverless semis could be months away

I visited two startups working to bring driverless technology to long-haul trucking. Enlarge / An Aurora truck departs the company’s depot in Palmer, Texas. (credit: Aurora) On a sunny morning in December, an 18-wheel.....»»

Category: topSource:  arstechnicaRelated NewsSep 10th, 2024

Phishing in focus: Disinformation, election and identity fraud

The frequency of phishing attacks is rising as attackers increasingly utilize AI to execute more scams than ever before. In this Help Net Security video, Abhilash Garimella, Head Of Research at Bolster, discusses how phishing scams are now being host.....»»

Category: securitySource:  netsecurityRelated NewsSep 9th, 2024

Germany Cracks Down on China Green Fraud in Deepening Scandal

Germany Cracks Down on China Green Fraud in Deepening Scandal.....»»

Category: topSource:  theglobeandmailRelated NewsSep 6th, 2024

Bitdefender Security for Creators protects YouTube content creators and influencers from hackers

Bitdefender unveiled Bitdefender Security for Creators, a service specifically designed for digital content producers, online creative professionals and social media influencers who are prime targets for account takeovers, fraud, and other cybercrime.....»»

Category: securitySource:  netsecurityRelated NewsSep 5th, 2024

The attack with many names: SMS Toll Fraud

Bad actors leverage premium-rate phone numbers and bots to steal billions of dollars from businesses. In this Help Net Security video, Frank Teruel, CFO at Arkose Labs, discusses how to spot and stop them. The post The attack with many names: SMS Tol.....»»

Category: securitySource:  netsecurityRelated NewsSep 3rd, 2024

Ex-VW CEO Martin Winterkorn"s fraud trial starts years after emissions scandal

Former VW CEO Martin Winterkorn is defending himself against several criminal allegations relating to the automaker's diesel-cheating scandal......»»

Category: topSource:  autonewsRelated NewsSep 3rd, 2024

Audi to get Porsche exec as sales chief, reports say

Marco Schubert, who has led Porsche's European sales since 2021, will succeed Hildegard Wortmann at Audi, according to media reports......»»

Category: topSource:  autonewsRelated NewsAug 30th, 2024

Romance fraud doesn"t only happen online—it can turn into real-world deception

We often think of fraudsters as people on the opposite side of the world. They will manipulate and exploit victims through words on a computer screen, or loving messages through the phone. But romance fraud can also happen in person, with the fraudst.....»»

Category: topSource:  physorgRelated NewsAug 29th, 2024

Ineos Automotive shuffles exec roles after key departures

Two Ineos Automotive executives have been given new roles within the young automaker......»»

Category: topSource:  autonewsRelated NewsAug 28th, 2024

Old methods, new technologies drive fraud losses

GenAI, deepfakes and cybercrime are critical threats putting intensifying pressures on businesses, according to Experian. Top online security concerns for consumers According to the FTC, consumers reported losing more than $10 billion to fraud in 202.....»»

Category: securitySource:  netsecurityRelated NewsAug 28th, 2024

Hyundai Motor America marketing exec Angela Zepeda exits after losing CMO title

The company promoted Sean Gilpin into the role less than a month after giving him some of Zepeda’s duties related to performance marketing......»»

Category: topSource:  autonewsRelated NewsAug 26th, 2024

Artificial intelligence is powering the latest fraud trends

The automotive retail industry was built on face-to-face interactions, but even experts often cannot spot an AI generated document with the naked eye......»»

Category: topSource:  autonewsRelated NewsAug 26th, 2024

Study IDs best "red flags" auditors can use to spot financial fraud

A new analysis of the benchmarks that auditors use to identify financial statement fraud risk finds that the most commonly used benchmarks are less effective at identifying fraud than benchmarks that are less commonly used......»»

Category: topSource:  theglobeandmailRelated NewsAug 26th, 2024

After cybersecurity lab wouldn’t use AV software, US accuses Georgia Tech of fraud

Researchers allegedly found security protocols "burdensome." Enlarge (credit: Georgia Tech) Dr. Emmanouil "Manos" Antonakakis runs a Georgia Tech cybersecurity lab and has attracted millions of dollars in the last few ye.....»»

Category: topSource:  arstechnicaRelated NewsAug 23rd, 2024

Fraud tactics and the growing prevalence of AI scams

In the first six months of 2024, Hiya flagged nearly 20 billion calls as suspected spam – more than 107 million spam calls everyday. The data showed spam flag rates of more than 20% of unknown calls (calls coming from outside of someone’s address.....»»

Category: securitySource:  netsecurityRelated NewsAug 23rd, 2024

How a former BMW exec"s advice helped shape a driver-assist specialist"s focus

Provizio CEO Barry Lunn was told early on that cost was king in the automotive sector, which inspired him to try to make advanced driver-assistance systems affordable for every vehicle......»»

Category: topSource:  autonewsRelated NewsAug 21st, 2024

How a former BMW exec"s advice helped shape an ADAS specialist"s focus

Provizio CEO Barry Lunn was told early on that cost was king in the automotive sector, which inspired him to try to make advanced driver assistance systems affordable for every vehicle......»»

Category: topSource:  autonewsRelated NewsAug 21st, 2024

Ticketmaster SafeTix move was deliberately anticompetitive, says DOJ lawsuit

Ticketmaster SafeTix, a feature the company claimed was for fraud-prevention, was actually intended to make it harder for customers to buy their tickets from other resellers, according to an antitrust lawsuit. The complaint says this is proven by int.....»»

Category: topSource:  theglobeandmailRelated NewsAug 20th, 2024

Spread the love (online): Study reveals in-party positivity drives online engagement more than out-party hostility

Looks like Kamala Harris' campaign is getting it right when it comes to social media, according to a new study. As democrats are playing up their sunny outlook in their presidential campaign, a study published in Scientific Reports suggests that emph.....»»

Category: topSource:  physorgRelated NewsAug 19th, 2024