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.....»»
5 ways AI is detecting and preventing identity fraud
2022 has been a record-setting year for identity fraud. Here are five ways to detect and prevent it. 2022 has been a record-setting year for identity fraud. Here are five ways to detect and prevent it.Read More.....»»
Persona releases a new risk verification engine to combat identity fraud
Persona announces the launch of a new risk response and verification engine to help organizations verify users. Persona announces the launch of a new risk response and verification engine to help organizations verify users.Read More.....»»
AB Handshake AI Shield detects voice fraud attacks in real-time
The telecom industry has long been under the threat of fraud. While traditional fraud management systems (FMS) have managed to stop some fraud attacks, there hasn’t been a comprehensive solution. AB Handshake presented AI Shield, an AI-based FM.....»»
FBI: Japheth Dillman allegedly scammed friends and investors in a crypto fraud scheme
The FBI charged Japheth Dillman, who has a number of friends in gaming, with allegedly scamming people via a crypto fraud scheme. The FBI charged Japheth Dillman, who has a number of friends in gaming, with allegedly scamming people via a crypto.....»»
Ran Dubin joins BUFFERZONE as CTO
BUFFERZONE has appointed Dr. Ran Dubin as the company’s CTO as part of the company’s efforts to add another layer to its Safe Workspace solution by combining phishing and fraud protection with endpoint containment and isolation. Prior to.....»»
Online payment fraud losses to exceed $343 billion
Cumulative merchant losses to online payment fraud globally between 2023 and 2027 will exceed $343 billion, according to Juniper Research. As a comparison, this equates to over 350% of Apple’s reported net income in the 2021 fiscal year, showing th.....»»
The proliferation of money mules and how behavioral biometrics can combat this form of fraud
In the first half of 2022, BioCatch estimates fraudulent transfers to money mule accounts totaled $3 billion and that there are approximately 2 million mule accounts in the US. Additionally, researchers found that the average mule transaction amount.....»»
Greece Prosecutes Owner of American VPN Service Over Fraudulent User Transactions
The founder of Florida-based VPN company TorGuard is listed as the prime suspect in a Greek fraud case. The authorities hold Ben Van Pelt personally responsible for roughly €2,000 in attempted fraudulent transactions carried out by an anonymous use.....»»
Theranos Ex-President Balwani Found Guilty of Fraud
The decision Thursday comes six months after Holmes was convicted of defrauding investors Ramesh “Sunny” Balwani, the former president of Theranos Inc. and ex-boyfriend of its founder Elizabeth Holmes, was found guilty of frau.....»»
Phishers steal Office 365 users’ session cookies to bypass MFA, commit payment fraud
A massive phishing campaign has been targeting Office 365 (i.e., Microsoft 365) users in over 10,000 organizations since September 2021 and successfully bypassing multi-factor authentication (MFA) set up to protect the accounts. The attackers use pro.....»»
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.....»»
Flashpoint Automate accelerates repeatable security-related processes
Flashpoint released Flashpoint Automate, a low-code security automation platform that enables cyber threat intelligence (CTI), security operation center (SOC), fraud, vulnerability management, and physical security teams to build, implement, and acce.....»»
TorGuard VPN CEO faces up to five years in prison over Greece fraud trial
Ben Van Pelt is being held personally liable for an anonymous user's attempt to carry out fraudulent online transactions......»»
End of a chapter at Theranos: What"s next for former top two executives
In January, Elizabeth Holmes became the rare Silicon Valley founder convicted of fraud stemming from her time as CEO of her failed blood-testing startup, Theranos. On Thursday, her ex-boyfriend and former second-in-command, Ramesh "Sunny" Balwani, wa.....»»
Lawsuit Accuses Troubled Crypto Lender Celsius Network of Fraud
A former investment manager at Celsius Network sued the crypto lender on Thursday, saying it used customer deposits to rig the price of its own crypto token and failed to properly hedge risk, causing it to freeze customer assets. From a report: The c.....»»
Ex-Theranos President Sunny Balwani Found Guilty of Fraud
Sunny Balwani, the former president and chief operating officer of bankrupt blood-testing company Theranos, on Thursday was found guilty of 12 counts of conspiracy and fraud against certain investors and patients. Axios reports: It's a similar verdic.....»»
Theranos exec Sunny Balwani convicted of fraud
He and fraudster Elizabeth Holmes ran the Silicon Valley company as a couple before its implosion......»»
The rise and fall of Theranos: A timeline
Four years after the top two Theranos executives, Elizabeth Holmes and Ramesh "Sunny" Balwani, were first indicted together on a dozen federal fraud charges stemming from their time heading up the failed blood testing startup, both have been convicte.....»»
Former Theranos COO is guilty of federal fraud
Ramesh "Sunny" Balwani, the former COO of failed blood testing startup Theranos and ex-boyfriend of founder Elizabeth Holmes, was found guilty of defrauding investors and patients......»»
Jury has reached a verdict in the trial of former Theranos COO Sunny Balwani
The jury has reached a verdict in the criminal fraud trial of Elizabeth Holmes' ex-boyfriend and former second-in-command at Theranos, Ramesh "Sunny" Balwani......»»