Tag: fraud
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Agentic bots and synthetic identities fuel surge in fraud
LexisNexis Risk Solutions warns of a massive 450% rise in agentic traffic and an eight-fold increase in synthetic identity fraud as cyber criminals scale automation to bypass security controls First seen on computerweekly.com Jump to article: www.computerweekly.com/news/366640815/Agentic-bots-and-synthetic-identities-fuel-surge-in-fraud
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Scammers have virtual smartphones on speed dial for fraud
They cleverly mimic most traits of a real phone First seen on theregister.com Jump to article: www.theregister.com/2026/03/25/virtual_smartphones_fraud/
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Cloud Phones Linked to Rising Financial Fraud Threat
Cloud Android phones fuel financial fraud, evading detection and enabling dropper accounts First seen on infosecurity-magazine.com Jump to article: www.infosecurity-magazine.com/news/cloud-phones-financial-fraud/
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Operation Henhouse Nets Over 500 Arrests in UK Fraud Crackdown
Tags: fraudUK police trumpet success of Operation Henhouse as they seize and freeze over £27m in suspected fraud proceeds First seen on infosecurity-magazine.com Jump to article: www.infosecurity-magazine.com/news/police-fraud-crackdown-leads-to/
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Introducing Castle’s Research Team
How we think about research at Castle Bot detection and fraud prevention are adversarial by default. It is a cat-and-mouse game: attackers iterate, defenders respond, and the cycle keeps moving. AI has accelerated this dynamic on both sides. Attackers use it to quickly develop new bots, scale manual fraud operations, First seen on securityboulevard.com Jump…
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Founder of CoinDCX Arrested Amid Serious Fraud and Cheating Charges
The Indian cryptocurrency sector is currently facing a significant legal and cybersecurity controversy following the recent arrest of prominent CoinDCX executives. Local law enforcement from Mumbra police in Thane apprehended co-founders Sumit Gupta and Neeraj Khandelwal in Bengaluru. Both executives were produced before a court and remanded into police custody, facing charges of criminal breach…
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AI Redefines Trust in Global Payments
Visa CISO Subra Kumaraswamy on Securing Agents, Fighting Fraud, Protecting Commerce. AI is transforming trust in global payments as attackers scale faster and agents automate decisions. CISO Subra Kumaraswamy explains how Visa uses AI to combat fraud, secure transactions and build trust across consumers, merchants and a rapidly evolving digital ecosystem. First seen on govinfosecurity.com…
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US sentences Nigerian national to 7 years in $6 million email fraud scheme
James Junior Aliyu, 31, received a 90-month prison sentence for conspiracy to commit wire fraud and money laundering, U.S. Immigration and Customs Enforcement said Saturday. First seen on therecord.media Jump to article: therecord.media/us-sentences-nigerian-national-to-7-years-fraud
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Operation Alice Takes Down 370,000+ Dark Web Sites
German-led policing effort against fraud operation disrupts countless CSAM and cybercrime sites First seen on infosecurity-magazine.com Jump to article: www.infosecurity-magazine.com/news/operation-alice-370000-dark-web/
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White House AI Policy Blueprint Leaves Key Risks Unresolved
Federal Proposal Pushes AI Adoption While Avoiding Regulatory Detail. The White House AI framework urges rapid deployment and federal alignment to counter China while proposing guardrails on fraud, safety and speech – but leaves unresolved conflicts on IP, content regulation and state preemption that Congress must navigate. First seen on govinfosecurity.com Jump to article: www.govinfosecurity.com/white-house-ai-policy-blueprint-leaves-key-risks-unresolved-a-31102
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Gefälschte Schutz-App für Krypto-Wallets stiehlt Nutzerdaten
Okta Threat Intelligence hat eine gefährliche Kryptoscam-Kampagne namens <> aufgedeckt und ihre Infrastruktur zerschlagen. Die als Browser-Erweiterung beworbene Anwendung versprach Nutzern, ihre Krypto-Wallet vor Phishing und Betrug zu schützen in Wirklichkeit war sie jedoch ein Trojaner, der gezielt Wallet-Adressen und sensible Daten von Binance, Coinbase, Metamask, Opensea, Phantom und Uniswap abgriff. Sogar Nutzer von […]…
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With Government’s Role Uncertain, Businesses Unite to Combat Fraud
Major industry leaders agree to share information and collaborate to boost defenses in the wake of distressing online scams. First seen on darkreading.com Jump to article: www.darkreading.com/cyber-risk/with-government-role-uncertain-businesses-unite-to-combat-fraud
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Securing E-commerce Transactions with Modern Authentication
Protect e-commerce transactions with OTP, passkeys, and fraud detection. Reduce shipping fraud and secure high-value purchases easily. First seen on securityboulevard.com Jump to article: securityboulevard.com/2026/03/securing-e-commerce-transactions-with-modern-authentication/
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Musician admits to $10M streaming royalty fraud using AI bots
North Carolina musician Michael Smith has pleaded guilty to collecting over $10 million in royalty payments through a massive streaming royalty fraud scheme on Spotify, Apple Music, Amazon Music, and YouTube Music. First seen on bleepingcomputer.com Jump to article: www.bleepingcomputer.com/news/security/musician-pleads-guilty-to-10m-streaming-fraud-powered-by-ai-bots/
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Cybercriminals are Winning with AI
AI has become the most powerful tool for financial fraud since the dawn of the Internet. As predicted, criminals are exploiting it faster, more effectively, and at scale. According to the latest Interpol Global Financial Fraud Report, AI-enhanced fraud is now 4.5 times more profitable than traditional schemes. That’s a significant shift and we’re still…
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Financial Brands Targeted in Global Mobile Banking Malware Surge
Mobile banking malware targets over 1200 financial apps globally, shifting fraud to user devices First seen on infosecurity-magazine.com Jump to article: www.infosecurity-magazine.com/news/financial-brands-mobile-banking/
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The Refund Fraud Economy: Exploiting Major Retailers and Payment Platforms
Refund fraud is now a business, with methods and tutorials sold to exploit return policies for profit. Flare shows how fraudsters turn refunds and chargebacks into a repeatable profit model. First seen on bleepingcomputer.com Jump to article: www.bleepingcomputer.com/news/security/the-refund-fraud-economy-exploiting-major-retailers-and-payment-platforms/
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Cybersecurity and privacy priorities for 2026: The legal risk map
Tags: attack, authentication, awareness, best-practice, breach, communications, country, cyber, cybersecurity, data, defense, finance, fraud, governance, government, incident, incident response, infrastructure, law, mfa, monitoring, privacy, ransomware, regulation, risk, risk-management, service, strategy, supply-chain, threat, usaContinued federal interest in cybersecurity and privacy, especially in connection with national security concerns: The evident connection between cybersecurity and privacy and national security have led to a number of federal initiatives in recent years. Most recently in March 2026, the White House announced the current administration’s Cyber Strategy for America, renewing a commitment to…
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RSAC 2026 Innovation Sandbox – Charm Security: AI Anti-Fraud Platform for New Types of Fraud
Company Profile Charm Security (hereinafter referred to as Charm) is an innovative security company focused on preventing and solving fraud and deception using Agentic AI technology. Founded in January 2025, the company has set up offices in Tel Aviv, Israel and New York, USA. With a core focus on financial security, it has become an…The…
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Global fraud losses climb to $442 billion
Online fraud is reaching more victims and generating larger losses, driven by digital tools and organized networks operating across borders. Global trends in financial fraud … First seen on helpnetsecurity.com Jump to article: www.helpnetsecurity.com/2026/03/18/online-fraud-victims-losses-interpol-report/
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ClickFix Attack Targets Devs with MacSync Malware via Fake Claude Tools
Cybersecurity researchers at 7AI have revealed a new Claude Fraud campaign in which hackers use fake AI extensions and Google ads to steal data from tech professionals. First seen on hackread.com Jump to article: hackread.com/clickfix-attack-devs-macsync-malware-fake-claude-tools/
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Professionelle Ansprache, gefälschte Screenshots: So läuft Kleinanzeigen-Betrug heute ab
Tags: fraudFirst seen on t3n.de Jump to article: t3n.de/news/professionelle-ansprache-gefaelschte-screenshots-so-laeuft-kleinanzeigen-betrug-heute-ab-1733796/
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Why Enterprise Resource Planning Access Gaps Fuel Fraud Risk
Pathlock’s Jason Gzym on ERP Platforms, Observability and Fraud Exposure. Organizations believe their identity governance programs cover critical business systems. Jason Gzym, vice president of sales engineering and advisory at Pathlock, says ERP platforms remain a blind spot because teams lack granular visibility into access, activity and risky entitlement combinations. First seen on govinfosecurity.com Jump…
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Fake-App stiehlt Einmalpasswörter und Krypto-Wallets: So schützt du dich vor dem Google-Betrug
First seen on t3n.de Jump to article: t3n.de/news/fake-app-einmalpasswoerter-google-1732410/
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DPRK IT Worker Fraud: Hiring an Insider Threat
Nisos DPRK IT Worker Fraud: Hiring an Insider Threat Here at Nisos, we’ve spent years helping organizations understand and mitigate complex, human risk-related threats, such as insider risk, executive protection and employment fraud… First seen on securityboulevard.com Jump to article: securityboulevard.com/2026/03/dprk-it-worker-fraud-hiring-an-insider-threat/
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AI finally delivers those elusive productivity gains… for cybercriminals
Interpol says fraud schemes using the tech are 4.5x more profitable First seen on theregister.com Jump to article: www.theregister.com/2026/03/16/interpol_ai_fraud/
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Washington is right: Cybercrime is organized crime. Now we need to shut down the business model
The executive order finally calls cyber-enabled fraud what it is: transnational organized crime. Now the U.S. has to act like it”, and the private sector has to stop settling for defense-only while the criminal infrastructure stays intact. First seen on cyberscoop.com Jump to article: cyberscoop.com/executive-order-cyber-enabled-fraud-transnational-criminal-organizations/
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Fake rooms, props and a script to lure victims: inside an abandoned Cambodia scam centre
Sprawling compound, including mock-up banks and police offices, uncovered by Thai military during border clashesIt is as if you have walked into a branch of one of Vietnam’s banks. A row of customer service desks, divided by plastic screens, with landline phones, promotional leaflets and staff business cards. A seated waiting area and a private…
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INTERPOL Operation Synergia III Shuts Down 45,000 Malicious IPs, 94 Arrested
INTERPOL’s Operation Synergia III led to 94 arrests and the takedown of 45,000 malicious IPs in 72 countries targeting phishing, malware, and fraud networks. First seen on hackread.com Jump to article: hackread.com/interpol-operation-synergia-iii-malicious-ip-94-arrest/
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ISMG Editors: Iran Conflict Expands Into Cyber Warfare
Also: the Pentagon-Anthropic AI Legal Showdown, the New Reality of Document Fraud. In this week’s panel, four ISMG editors discuss the cyber activity tied to the U.S.-Israel-Iran conflict, the Pentagon’s standoff with AI firm Anthropic and a new report that reveals how document fraud reflects deeper weaknesses in verification systems. First seen on govinfosecurity.com Jump…