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Zelle fraud is on the rise—and many victims are denied refunds

Four banks alone expect more than $255 million in scam and fraud claims in 2022. Enlarge (credit: SOPA Images / Contributor | LightRocket) When seven of the biggest banks in America saw that their customers liked using apps to.....»»

Category: topSource:  arstechnicaOct 6th, 2022

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.....»»

Category: securitySource:  netsecurityRelated NewsAug 13th, 2024

A path toward understanding regional sea level rise

By 2100, sea level is projected to rise by up to 1–2 meters, threatening millions of people living in low-lying coastal areas around the world. But global projections such as this don't capture regional-scale variations......»»

Category: topSource:  physorgRelated NewsAug 13th, 2024

Researchers highlight the carbon-saving potential of compact cities

In recent years, the dramatic rise in extreme weather events due to climate change has escalated what was once termed "climate change" into a "climate crisis." With global average surface temperatures reaching unprecedented levels, the urgency to tra.....»»

Category: topSource:  pcmagRelated NewsAug 12th, 2024

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.....»»

Category: securitySource:  netsecurityRelated NewsAug 12th, 2024

74% of ransomware victims were attacked multiple times in a year

An alarming trend toward multiple, sometimes simultaneous cyber attacks forces business leaders to re-evaluate their cyber resilience strategies to address common points of failure, including inadequate identity system backup and recovery practices,.....»»

Category: securitySource:  netsecurityRelated NewsAug 12th, 2024

FTX to pay $12.7B to victims of Sam Bankman-Fried’s massive scheme

US commodities trading agency claimed its largest recovery ever for FTX victims. Enlarge (credit: NurPhoto / Contributor | NurPhoto) FTX, the bankrupt cryptocurrency exchange formerly helmed by fraudster Sam Bankman-Frie.....»»

Category: topSource:  arstechnicaRelated NewsAug 9th, 2024

Climate change is fueling rise in hot nights: Analysis

Human-induced climate change is significantly increasing the number of hot nights for nearly one in three people around the world, a global analysis said Thursday......»»

Category: topSource:  physorgRelated NewsAug 8th, 2024

Bank of America, Wells Fargo are under investigation for handling of customers funds on Zelle

Bank of America, Wells Fargo are under investigation for handling of customers funds on Zelle.....»»

Category: topSource:  theglobeandmailRelated NewsAug 8th, 2024

Multiple Refunds Paint a Bad Picture for the Humane AI Pin

Things haven't fared well for the wearable AI device. The post Multiple Refunds Paint a Bad Picture for the Humane AI Pin appeared first on Phandroid. Humane’s AI Pin is undoubtedly one of the biggest modern tech blunders that the in.....»»

Category: asiaSource:  phandroidRelated NewsAug 8th, 2024

Citigroup whistleblower denied share of $400 million penalty

Citigroup whistleblower denied share of $400 million penalty.....»»

Category: topSource:  theglobeandmailRelated NewsAug 7th, 2024

South Florida estuaries warming faster than Gulf of Mexico, global ocean, research shows

Sea surface temperatures are on the rise around the world, but the problem is pronounced in South Florida, according to a series of studies published by researchers at the University of South Florida College of Marine Science......»»

Category: topSource:  physorgRelated NewsAug 7th, 2024

Scientists uncover hidden forces causing continents to rise

Scientists at the University of Southampton have answered one of the most puzzling questions in plate tectonics: how and why "stable" parts of continents gradually rise to form some of the planet's greatest topographic features......»»

Category: topSource:  physorgRelated NewsAug 7th, 2024

Report examines Scotland"s legal protection for forced marriage victims

A research report that examines Scotland's legal protection for those at risk of forced marriage has been published by the University of Glasgow......»»

Category: topSource:  physorgRelated NewsAug 7th, 2024

Number of incidents affecting GitHub, Bitbucket, GitLab, and Jira continues to rise

Outages, human errors, cyberattacks, data breaches, ransomware, security vulnerabilities, and, as a result, data loss are the reality that DevSecOps teams have to face every few days, according to GitProtect.io. DevSecOps The possibility to integrate.....»»

Category: securitySource:  netsecurityRelated NewsAug 7th, 2024

Email attacks skyrocket 293%

Email attacks have surged by 293% in the first half of 2024 compared to the same period in 2023, according to Acronis. The number of ransomware detections was also on the rise, increasing 32% from Q4 2023 to Q1 2024. Ransomware remains a top threat f.....»»

Category: securitySource:  netsecurityRelated NewsAug 6th, 2024

Football fans watch out — Premier League ticket scams on the rise

Fraudulent tickets sold on social media cost victims an average of £154 - Manchester United and Liverpool fans most at risk......»»

Category: topSource:  theglobeandmailRelated NewsAug 5th, 2024

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......»»

Category: topSource:  physorgRelated NewsAug 5th, 2024

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......»»

Category: topSource:  autonewsRelated NewsAug 1st, 2024

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......»»

Category: topSource:  autonewsRelated NewsAug 1st, 2024

Hyundai gains 4% while Toyota, Kia slip in July; overall market expected to rise

The U.S. light-vehicle market rose 1 to 3 percent in July, analysts said, as many dealers recovered from the CDK cyberattacks that knocked new-car sales offline in late June......»»

Category: topSource:  autonewsRelated NewsAug 1st, 2024