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.....»»
The true numbers behind deepfake fraud
The use of artificial intelligence can result in the production of deepfakes that are becoming more realistic and challenging to differentiate from authentic content, according to Regula. Companies view fabricated biometric artifacts such as deepfake.....»»
Anonymous developers claim fraud, scams & clones breeze by App Store review
A collection of statements from anonymous Apple developers claim App Store review is broken, some resorting to outright fraud to get apps approved.App Store review continues to be a problemApple's App Store and its policies around it are controversia.....»»
Twitter checkmark chaos continues, with deceased celebrities and claims of fraud
Just when we thought the Twitter checkmark chaos was at an end, as Musk finally made good on his promise to remove them from legacy verified accounts, more U-turns have been made … more… The post Twitter checkmark chaos continues, with decease.....»»
Gervonta Davis vs Ryan Garcia live stream: How to watch the boxing match
Two undefeated fighters, Gervonta Davis and Ryan Garcia, face off in what is shaping up to be the fight of the year on Saturday. Here are all the ways to watch......»»
Scammers using social media to dupe people into becoming money mules
Fraudsters are taking advantage of the widening fraud knowledge gap, outlining the urgent need for banks to educate and protect their customers with technology, according to Feedzai. The report reveals that while 56% of respondents have been a victim.....»»
FTC chair Lina Khan warns AI could "turbocharge" fraud and scams
Artificial intelligence tools such as ChatGPT could lead to a "turbocharging" of consumer harms including fraud and scams, and the US government has substantial authority to crack down on AI-driven consumer harms under existing law, members of the Fe.....»»
Pre-pandemic techniques are fueling record fraud rates
Within the largest financial institutions, insurers, and retailers, the rise and adoption of AI, an impending recession, and the return of pre-pandemic fraud techniques are driving record rates of fraud attacks for consumers and enterprises alike, ac.....»»
AI verification systems give businesses an edge over scammers
Fraudsters are underestimating the power of AI to detect fake IDs, according to a new report from Ondato. Based on an analysis of millions of ID verifications carried out for its customers in 2022, Ondato found that ID cards were used in 52% of fraud.....»»
AI tools like ChatGPT expected to fuel BEC attacks
Across all BEC attacks seen over the past year, 57% relied on language as the main attack vector to get them in front of unsuspecting employees, according to Armorblox. In other trends to watch, vendor compromise and fraud are rising as a new attack.....»»
Deloitte and Riskified help eCommerce merchants analyze their fraud exposure
Riskified has unveiled its partnership with Deloitte to empower merchants with real-time insight into how their chargebacks, approval rates and fraud costs compare to similar companies in their space. This benchmarking service is helping retailers fo.....»»
Accountants" tricks can help identify cheating scientists, says new study
Auditing practices from the finance industry can be adapted to identify academic fraud, according to new research by the University of St Andrews......»»
A shocking number of phone calls are just spam
Spam and fraud calls are costing both businesses and consumers time and money......»»
The staggering cost of identity fraud for financial services
The impact of identity fraud varies for organizations in the financial services industry, based on whether they belong to the banking or FinTech sector, according to Regula. Specifically, every fourth bank reported experiencing over 100 identity frau.....»»
Resecurity uncovers STYX, new cybercriminal platform focused on financial fraud
Resecurity has recently identified the STYX Innovation Marketplace, a new cybercriminal e-commerce platform with a specialized focus on financial fraud and money laundering. STYX launched at the beginning of 2023. This platform is specifically design.....»»
The FBI has shut down one of the world"s biggest cyber fraud platforms
The FBI, Europol, and multiple national police forces join to take down Genesis.Market......»»
New retail crime stats reveal employee theft, customer aggression and fraud in NZ and Australia
A Griffith University report exposes statistics about theft, fraud and violence experienced by Australia and New Zealand retailers......»»
DoJ cracks down on cryptocurrency fraud, seizes $112 million in linked funds
The Department of Justice (DoJ) declared the confiscation of digital currency valued at approximately $112 million connected to fraudulent cryptocurrency investments. Laundering money from cryptocurrency confidence scams According to court documents,.....»»
Week in review: 3CX supply chain attack, ChatGPT data leak
Here’s an overview of some of last week’s most interesting news, articles, interviews and videos: Visa fraud expert outlines the many faces of payment ecosystem fraud In this Help Net Security interview, Michael Jabbara, the VP and Global Head of.....»»
Visa fraud expert outlines the many faces of payment ecosystem fraud
In this Help Net Security interview, Michael Jabbara, the VP and Global Head of Fraud Services at Visa, delves into digital skimming attacks, highlighting their common causes, and provides insights into what measures merchants can take to prevent the.....»»
Signifyd and Adobe partner to eliminate the risk of payments fraud
Signifyd has achieved Platinum Partner status in the Adobe Technology Partner Program for Experience Cloud, making it fraud protection solution in the tier to offer complete and guaranteed chargeback protection to brands leveraging Adobe’s suite of.....»»