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.....»»
New infosec products of the week: August 16, 2024
Here’s a look at the most interesting products from the past week, featuring releases from ClearSale, Guardio, Ivanti, Resecurity, and Stellar. Resecurity unveils new AI-driven Fraud Prevention Platform Resecurity unveiled its advanced AI-driven Fr.....»»
ClearSale introduces three solutions to protect businesses from fraud
ClearSale has announced a new portfolio of fraud prevention tools designed to meet the evolving needs of today’s digital retail landscape. The newly launched suite, dubbed “Preventative Intel,” introduces three powerful solutions: I.....»»
Scammers dupe chemical company into wiring $60 million
Orion S.A., a global chemical company with headquarters in Luxembourg, has become a victim of fraud: it lost approximately $60 million through “multiple fraudulently induced outbound wire transfers to accounts controlled by unknown third partie.....»»
Resecurity unveils new AI-driven Fraud Prevention Platform
Resecurity unveiled its advanced AI-driven Fraud Prevention Platform. This versatile solution is engineered to combat fraud across banking, virtual asset service providers (VASPs), gambling, e-commerce, and online marketplaces, providing a robust def.....»»
UK beekeepers and scientists tackle sticky problem of honey fraud
Lynne Ingram cuts a peaceful figure as she tends to a row of humming beehives in a leafy corner of Somerset, southwest England......»»
GPB Capital founder David Gentile found guilty in Ponzi-like fraud that included dealerships
Gentile’s co-defendant, Jeffry Schneider, who ran Texas-based Ascendant Capital, also was convicted of securities fraud and conspiracy charges by a federal jury in Brooklyn, N.Y., following a trial that lasted more than seven weeks......»»
California DMV is working to digitize car titles to fight fraud
Digitization will help ease with the location and transfer of titles and help protect against fraud......»»
Multi-state Apple fraud ring exposed by DHS after routine traffic stop
The Department of Homeland Security busted a sophisticated counterfeiting operation where fraudsters exploited retail return policies to swap genuine Apple products with counterfeit devices nationwide.The Department of Homeland SecurityChalvin Tan wa.....»»
AI-generated deepfake attacks force companies to reassess cybersecurity
As AI-generated deepfake attacks and identity fraud become more prevalent, companies are developing response plans to address these threats, according to GetApp. In fact, 73% of US respondents report that their organization has developed a deepfake r.....»»
Another prison term in multimillion dollar ‘Ponzi-like" car export scheme
A top conspirator in a fraud and money-laundering scheme was sentenced to 15 months in prison and ordered to pay $3.5 million in restitution for his role in defrauding franchised dealerships and vehicle brokers......»»
Fighting AI-powered synthetic ID fraud with AI
Aided by the emergence of generative artificial intelligence models, synthetic identity fraud has skyrocketed, and now accounts for a staggering 85% of all identity fraud cases. For security professionals, the challenge lies in staying one step ahead.....»»
New study highlights the alarming rise of telephone fraud targeting older adults in the UK
A new study by the University of Portsmouth has revealed that older adults in the UK, particularly those over the age of 75, are experiencing an unprecedented number of attempted telephone frauds. The research is published in the journal Internationa.....»»
Peer review is essential for science. Unfortunately, it’s broken.
There's no incentive to fix the system, which was never designed to catch fraud anyway. Enlarge (credit: Aurich Lawson | Getty Images) Rescuing Science: Restoring Trust in an Age of Doubt was the most difficult book I.....»»
‘Hoodwinked’: Arkansas man suing Las Vegas dancer for $38.5M after alleged fraud scheme
‘Hoodwinked’: Arkansas man suing Las Vegas dancer for $38.5M after alleged fraud scheme.....»»
Telecoms companies now using scambaiting AI systems modelled on Lenny
A new breed of scambaiting AI systems are now being officially used by telecoms companies to protect their customers from fraud. The systems use more sophisticated versions of Lenny, a delightful simulation of a rambling old man keen to engage in len.....»»
Researchers discover a new form of scientific fraud: Uncovering "sneaked references"
A researcher working alone—apart from the world and the rest of the wider scientific community—is a classic yet misguided image. Research is, in reality, built on continuous exchange within the scientific community: First you understand the work.....»»
Research brings into question prosecution of foreign fighters in Russia
New Edith Cowan University (ECU) research has questioned the legality of Russia's decision to label and prosecute foreign fighters that have been enlisted into the Ukrainian International Legion of Territorial Defence (ILTG), as mercenaries......»»
How to mitigate fraud on iOS devices using App Attest and DeviceCheck
App developers can minimize fraud by using App Attest and DeviceCheck, two tools provided by Apple. Here's how to use them to prevent unauthorized modifications to your app, and to prevent users from illegitimately acquiring premium content.App Attes.....»»
Fake iPhone return scam cost Apple $12 million in losses, five people charged of fraud
We have seen these kind of scams before, but this particularly case is on a ginormous industry-like scale. Five people have been charged on counts of fraud for their involvement in a fake iPhone return scheme. Essentially, people would take near-w.....»»
Five indicted in $12M fake Apple devices fraud case in southern California
A scam involving "returning" some 16,000 counterfeit iPhones and iPads to Apple stores has resulted in five arrests that could lead to decades behind bars.Several crime rings have returned fake iPhones for genuine replacementsA criminal ring operatin.....»»