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.....»»
Exploring the psychopathic traits behind the rise and fall of Madoff
A new academic study examining the actions of Bernie Madoff, the New York banker behind the world's biggest Ponzi fraud, suggests companies do more to root out "corporate psychopaths" within their organizations to prevent financial ruin......»»
Apple touts $2 billion in App Store fraud prevented last year amid rumors of third-party app stores on iPhone
Apple is out with a new press release today touting the success of the App Store’s ability to prevent fraud. According to the company, the App Store prevented more than $2 billion in “potentially fraudulent transactions” in 2022, terminated 42.....»»
ComplyAdvantage Fraud Detection identifies and prevents transaction fraud
Criminals have never had more avenues through which to defraud people. This has been fueled by the proliferation of technology ranging from instant messaging to new forms of remittance, like P2P and real-time payments. That’s why ComplyAdvantag.....»»
Fraudsters send fake invoice, follow up with fake exec confirmation
Fraudsters are trying out a new approach to convince companies to pay bogus invoices: instead of hijacking existing email threads, they are creating convincing ones themselves. A clever payment request fraud The fraud attempt begins with an email con.....»»
KSI vs Fournier live stream: Watch the boxing match from anywhere
We have another YouTuber matchup on Saturday, with KSI vs. Fournier. It's an exhibition match between two technically undefeated fighters. Here's how to watch......»»
Fraud victims risk more than money
Digital fraud has significant financial and psychological repercussions on victims, according to Telesign. Businesses may find a new reason to fear digital fraud as the negative impacts of digital fraud on companies’ brand perception and the bottom.....»»
Point Predictive BorrowerCheck 3.0 combats fraud and identity theft
Point Predictive launched its newest solution, BorrowerCheck 3.0. Available via API or web browser, BorrowerCheck 3.0 addresses the problem of fraud and identity theft in a more comprehensive way than existing identity solutions to help stop the bill.....»»
DCI partners with DataVisor to help banks fight fraud
Financial fraud has increased substantially as the trend towards mobile banking and digitization accelerates. In 2022 alone, the Federal Trade Commission received over 1.1 million reports of identity theft and over 440,000 reports of credit card frau.....»»
Kasada and Signifyd join forces to combat eCommerce fraud
Kasada partners with Signifyd to help eCommerce providers deliver on their core business priorities to reduce fraud while improving the user experience. Together Kasada and Signifyd provide an impenetrable barrier against fraud. Kasada’s anti-bot p.....»»
SBF says “dishonesty and unfair dealing” aren’t fraud, seeks to dismiss charges
FTX founder Sam Bankman-Fried prepares to "clear his name." Enlarge (credit: Drew Angerer / Staff | Getty Images North America) Late Monday, legally embroiled FTX founder Sam Bankman-Fried moved to dismiss the majority o.....»»
CertifID provides identity verification designed to combat seller impersonation fraud
CertifID released an identity verification solution to help title agencies and real estate firms combat seller impersonation fraud. The solution augments CertifID’s existing capabilities that evaluate more than 150 markers of fraud, including the v.....»»
Sam Bankman-Fried wants his case thrown out of court
Lawyers for FTX founder Sam Bankman-Fried on Monday filed motions to dismiss the US government's fraud charges against him......»»
Auto lenders fear worsening economy could lead to more fraud
Income misrepresentation is auto lender's biggest fraud concern this year......»»
AI Spera launches Criminal IP FDS plugin to prevent fraudulent login attempts on WordPress
Criminal IP, an OSINT-based search engine provided by AI Spera, launched a new WordPress plugin called Anti-Brute Force, Login Fraud Detector, also known as Criminal IP FDS (Fraud Detection System). This latest development promises to revolutionize t.....»»
“We must regulate AI,” FTC Chair Khan says
Khan: FTC is "well equipped" to handle AI collusion, fraud, and privacy concerns. Enlarge / FTC Chair Lina M. Khan testifies during a Senate Commerce, Science, and Transportation Committee nomination hearing on April 21, 2021, in.....»»
T-Mobile suffers second data breach this year
T-Mobile has revealed a second data breach that occurred in 2023, which reportedly exposed customer data and account PINs, leaving many T-Mobile users vulnerable to potential fraud and identity theft. What happened? The attack started on February 24.....»»
The costly threat that many businesses fail to address
Insider attacks such as fraud, sabotage, and data theft plague 71% of U.S. businesses, according to Capterra. These schemes can cost companies hundreds of thousands of dollars and the vast majority of businesses (79%) say they take longer to uncover.....»»
Cybercriminals use proxies to legitimize fraudulent requests
Bot attacks were previously seen as relatively inconsequential type of online fraud, and that mentality has persisted even as threat actors have gained the ability to cause significant damage to revenue and brand reputation, according to HUMAN. Bad b.....»»
Continental manager admits involvement in diesel scandal and incriminates others, prosecutors say
The unnamed technical project manager is one of a total of 60 people under investigation for aiding and abetting fraud and breach of trust over the illegal use of defeat devices in VW diesel vehicles......»»
Former Apple buyer sentenced to three years in prison for $17 million fraud conspiracy
After pleading guilty to over $17 million in fraud, a former parts and services buyer has now been sentenced for his crime, and will be paying Apple and the IRS for the rest of his life.Dhirendra Prasad was originally charged with fraud in March 2022.....»»