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Who are the best fraud fighters?

Seasoned fraud expert PJ Rohall has recently become the new Head of Fraud Strategy & Education at SEON. In this Help Net Security interview, he talks about how he entered the industry, about the evolving fraud landscape, and offers advice to other fr.....»»

Category: securitySource:  netsecurityJul 13th, 2022

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.....»»

Category: securitySource:  netsecurityRelated NewsSep 24th, 2024

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.....»»

Category: securitySource:  netsecurityRelated NewsSep 24th, 2024

"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.....»»

Category: topSource:  marketingvoxRelated NewsSep 23rd, 2024

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.....»»

Category: gadgetSource:  yahooRelated NewsSep 21st, 2024

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......»»

Category: topSource:  autonewsRelated NewsSep 20th, 2024

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.....»»

Category: securitySource:  netsecurityRelated NewsSep 20th, 2024

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.....»»

Category: securitySource:  netsecurityRelated NewsSep 12th, 2024

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

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

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

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

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

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