Tag: fraud
-
Europol dismantles SIM box operation renting numbers for cybercrime
European law enforcement in an operation codenamed ‘SIMCARTEL’ has dismantled an illegal SIM-box service that enabled more than 3,200 fraud cases and caused at least 4.5 million euros in losses. First seen on bleepingcomputer.com Jump to article: www.bleepingcomputer.com/news/security/europol-dismantles-sim-box-operation-renting-numbers-for-cybercrime/
-
European police bust network selling thousands of phone numbers to scammers
Authorities raided a “SIM farm” operation that used tens of thousands of cards to enable fraud in several European countries, including Latvia and Austria. First seen on therecord.media Jump to article: therecord.media/europe-sim-farms-raided-latvia-austria-estonia
-
Banks need stricter controls to prevent romance fraud, says City regulator
FCA cites study showing victims’ ‘red flags’ are often missed and calls for improved monitoring systemsThe City regulator has called on banks and payment firms to bring in stricter controls protecting customers from romance fraud after a study showed a number of missed “red flags” that led to people losing huge sums of money.The review…
-
Fraudsters Posing as ‘Perfect Borrowers’ Rack Up Big Losses
Synthetic Identities for Superprime Borrowers Generate 3 Times Higher Fraud Losses. Auto lenders operate on a simple principle – the higher a borrower’s credit score, the lower the risk. But new data from TransUnion reveals a troubling contradiction: Superprime borrowers with a credit score higher than 720 are generating three times more fraud losses than…
-
Operation Herakles – Schlag gegen Cybercrime 1.406 Betrugs-Websites gesperrt
First seen on security-insider.de Jump to article: www.security-insider.de/erfolg-gegen-cyberkriminalitaet-illegale-internetseiten-gesperrt-a-a6bee36acef2a7bfb6b2e3a39616da26/
-
Operation Herakles – Schlag gegen Cybercrime 1.406 Betrugs-Websites gesperrt
First seen on security-insider.de Jump to article: www.security-insider.de/erfolg-gegen-cyberkriminalitaet-illegale-internetseiten-gesperrt-a-a6bee36acef2a7bfb6b2e3a39616da26/
-
Banking-Betrug weltweit um 65 Prozent gestiegen
Die Bedrohung durch digitalen Finanzbetrug erreicht neue Dimensionen. Laut dem aktuellen 2025 Global Scams Report des Sicherheitsanbieters BioCatch ist die Zahl der Betrugsversuche im vergangenen Jahr um 65 Prozent gestiegen. Voice-Phishing-Angriffe (Vishing) haben sich dabei verdoppelt, SMS-basierte Phishing-Attacken nahmen sogar um das Zehnfache zu. First seen on it-daily.net Jump to article: www.it-daily.net/it-sicherheit/cybercrime/banking-betrug-weltweit-um-65-prozent-gestiegen
-
Banking-Betrug weltweit um 65 Prozent gestiegen
Die Bedrohung durch digitalen Finanzbetrug erreicht neue Dimensionen. Laut dem aktuellen 2025 Global Scams Report des Sicherheitsanbieters BioCatch ist die Zahl der Betrugsversuche im vergangenen Jahr um 65 Prozent gestiegen. Voice-Phishing-Angriffe (Vishing) haben sich dabei verdoppelt, SMS-basierte Phishing-Attacken nahmen sogar um das Zehnfache zu. First seen on it-daily.net Jump to article: www.it-daily.net/it-sicherheit/cybercrime/banking-betrug-weltweit-um-65-prozent-gestiegen
-
The Human Cost of Cyber Risk: How Exposure Management Can Ease Security Burnout
Tags: ai, attack, breach, business, ceo, ciso, cloud, cve, cyber, cybersecurity, data, data-breach, defense, finance, fraud, healthcare, identity, mitre, ransomware, risk, strategy, technology, threat, tool, vulnerability, vulnerability-managementThe true cost of cyber risk is a human one. Siloed tools and disjointed operations aren’t just endangering your business, they’re also taking a real toll on your teams. It’s long past time to take the friction out of cybersecurity with a unified, proactive approach. Key takeaways: Security teams are overwhelmed by the number of…
-
The Human Cost of Cyber Risk: How Exposure Management Can Ease Security Burnout
Tags: ai, attack, breach, business, ceo, ciso, cloud, cve, cyber, cybersecurity, data, data-breach, defense, finance, fraud, healthcare, identity, mitre, ransomware, risk, strategy, technology, threat, tool, vulnerability, vulnerability-managementThe true cost of cyber risk is a human one. Siloed tools and disjointed operations aren’t just endangering your business, they’re also taking a real toll on your teams. It’s long past time to take the friction out of cybersecurity with a unified, proactive approach. Key takeaways: Security teams are overwhelmed by the number of…
-
New York secures $14 million in fines from 8 car insurance companies after data breaches
Car insurance price-quote tools that auto-populated with people’s sensitive data allowed cybercriminals to commit fraud elsewhere, New York’s state government said in announcing fines against several companies. First seen on therecord.media Jump to article: therecord.media/auto-insurance-companies-fined-ny-state-pre-fill-data-breaches
-
New York secures $14 million in fines from 8 car insurance companies after data breaches
Car insurance price-quote tools that auto-populated with people’s sensitive data allowed cybercriminals to commit fraud elsewhere, New York’s state government said in announcing fines against several companies. First seen on therecord.media Jump to article: therecord.media/auto-insurance-companies-fined-ny-state-pre-fill-data-breaches
-
Beyond the checklist: Building adaptive GRC frameworks for agentic AI
Tags: access, ai, breach, ciso, cloud, compliance, control, crime, data, detection, endpoint, finance, framework, fraud, governance, grc, international, metric, monitoring, nist, risk, risk-management, strategy, supply-chain, switchAutonomous agent drift First, I experienced an autonomous agent drift that nearly caused a severe financial and reputational crisis. We deployed a sophisticated agent tasked with optimizing our cloud spending and resource allocation across three regions, giving it a high degree of autonomy. Its original mandate was clear, but after three weeks of self-learning and…
-
U.S. seizes $15 billion in Bitcoin linked to massive forced-labor crypto scam
The U.S. government has seized about $15 billion worth of Bitcoin connected to what prosecutors call one of the largest cryptocurrency fraud and human trafficking operations … First seen on helpnetsecurity.com Jump to article: www.helpnetsecurity.com/2025/10/15/prince-group-crypto-scam-15-billion-in-bitcoin-seized/
-
U.S. seizes $15 billion in Bitcoin linked to massive forced-labor crypto scam
The U.S. government has seized about $15 billion worth of Bitcoin connected to what prosecutors call one of the largest cryptocurrency fraud and human trafficking operations … First seen on helpnetsecurity.com Jump to article: www.helpnetsecurity.com/2025/10/15/prince-group-crypto-scam-15-billion-in-bitcoin-seized/
-
Feds Seize Record-Breaking $15 Billion in Bitcoin From Alleged Scam Empire
Officials in the US and UK have taken sweeping action against “one of the largest investment fraud operations in history,” confiscating a historic amount of funds in the process. First seen on wired.com Jump to article: www.wired.com/story/feds-seize-record-breaking-15-billion-in-bitcoin-from-alleged-scam-empire/
-
Jeder Vierte in Deutschland bereits Opfer von digitalem Betrug
Digitale Sicherheit ist längst kein Randthema mehr sie bildet die Grundlage für Vertrauen, schützt die finanzielle Stabilität und bewahrt die persönliche Identität. Die neue Ping Identity Consumer Survey 2025 macht deutlich, wie groß die Belastung durch digitale Betrugsversuche in Deutschland ist. Bereits ein Viertel der Verbraucherinnen und Verbraucher hierzulande wurde Opfer von Betrug, Scam… First…
-
Jeder Vierte in Deutschland bereits Opfer von digitalem Betrug
Digitale Sicherheit ist längst kein Randthema mehr sie bildet die Grundlage für Vertrauen, schützt die finanzielle Stabilität und bewahrt die persönliche Identität. Die neue Ping Identity Consumer Survey 2025 macht deutlich, wie groß die Belastung durch digitale Betrugsversuche in Deutschland ist. Bereits ein Viertel der Verbraucherinnen und Verbraucher hierzulande wurde Opfer von Betrug, Scam… First…
-
6 UnderRadar Vendors That Supercharge Breach and Attack Simulation
BAS tools make it easy to see the impact of data loss, fraud, and theft. Learn about the features and capabilities of the top breach and attack simulation tools. First seen on esecurityplanet.com Jump to article: www.esecurityplanet.com/products/breach-and-attack-simulation-bas-vendors/
-
Invoicely Database Leak Exposes 180,000 Sensitive Records
Cybersecurity researcher Jeremiah Fowler discovered nearly 180,000 files, including PII and banking details, left exposed on an unprotected database linked to the Invoicely platform. Read about the identity theft and financial fraud risks for over 250,000 businesses worldwide. First seen on hackread.com Jump to article: hackread.com/invoicely-database-leak-expose-sensitive-records/
-
Mikrosegmentierung kann die Wirkung von Phishing-Attacken eindämmen
Bei automatisierter Mikrosegmentierung wird Jede Ressource proaktiv isoliert, sodass Angreifer selbst dann, wenn ein Phishing-Betrug einen ersten Zugriff ermöglicht, keine seitlichen Bewegungen ausführen können. First seen on infopoint-security.de Jump to article: www.infopoint-security.de/mikrosegmentierung-kann-die-wirkung-von-phishing-attacken-eindaemmen/a42335/
-
Deepfake Fraud: Trust No Voice, Doubt Every Face
In Today’s Reality, Zero Trust Principles Matter, Verification Is an Imperative This month, a judge made history by throwing out an $8.7 million lawsuit after discovering something that had never before appeared in her courtroom: deepfake testimony. But these new legal lessons are already a reality in business: the need for trust, verification and authentic…
-
Cybersecurity Snapshot: AI Security Skills Drive Up Cyber Salaries, as Cyber Teams Grow Arsenal of AI Tools, Reports Find
Tags: access, advisory, ai, attack, authentication, breach, business, ciso, cloud, computing, credentials, cve, cyber, cybersecurity, data, defense, endpoint, exploit, extortion, finance, framework, fraud, google, governance, guide, hacker, hacking, identity, incident response, Internet, iot, jobs, login, microsoft, monitoring, network, nist, oracle, organized, password, privacy, ransomware, risk, risk-assessment, risk-management, scam, skills, technology, threat, tool, training, update, vulnerability, vulnerability-management, zero-dayWant recruiters to show you the money? A new report says AI skills are your golden ticket. Plus, cyber teams are all in on AI, including agentic AI tools. Oh, and please patch a nasty Oracle zero-day bug ASAP. And get the latest on vulnerability management, IoT security and cyber fraud. Key takeaways Eager to…
-
Cyber Fraud: Types, Risks, and How to Prevent It
Learn what cyber fraud is, the most common types, and practical steps to prevent online fraud. Protect yourself and your business today. First seen on securityboulevard.com Jump to article: securityboulevard.com/2025/10/cyber-fraud-types-risks-and-how-to-prevent-it/
-
The CIA triad is dead, stop using a Cold War relic to fight 21st century threats
Tags: ai, backup, breach, business, ceo, ciso, compliance, csf, cyber, cybersecurity, data, data-breach, deep-fake, firewall, framework, fraud, GDPR, governance, infrastructure, ISO-27001, nist, privacy, ransomware, regulation, resilience, sbom, software, supply-chain, technology, threat, zero-trustRansomware is not just an availability problem. Treating ransomware as a simple “availability” failure misses the point. Being “up” or “down” is irrelevant when your systems are locked and business halted. What matters is resilience: the engineered ability to absorb damage, fail gracefully, and restore from immutable backups. Availability is binary; resilience is survival. Without…
-
New research from VerifyLabs.AI highlights the nation’s fears when it comes to deepfakes
As concerns regarding AI-driven fraud, impersonation, and digital deception continue to grow, new research from VerifyLabs.AI has revealed that over a third (35%) of Brits said deepfake nudes (non-consensual intimate imagery) or videos of themselves or their child were what they feared most when it came to deepfakes. This fear was even more pronounced among…
-
India’s Expanding Digital Frontier and the Battle Against Cyber Frauds
With over 86% of Indian households now connected to the internet, India has made impressive strides under the Digital India initiative. However, the same connectivity that drives innovation and access has also opened the floodgates for increasing cybersecurity incidents in India. First seen on thecyberexpress.com Jump to article: thecyberexpress.com/curbing-cyber-frauds-in-india/
-
Behind the screens: Building security customers appreciate
In this Help Net Security interview, Jess Vachon, CISO at PRA Group, discusses the company’s multi-layered defense against fraud and its commitment to protecting customer … First seen on helpnetsecurity.com Jump to article: www.helpnetsecurity.com/2025/10/09/jess-vachon-pra-group-defense-against-fraud/
-
Behind the screens: Building security customers appreciate
In this Help Net Security interview, Jess Vachon, CISO at PRA Group, discusses the company’s multi-layered defense against fraud and its commitment to protecting customer … First seen on helpnetsecurity.com Jump to article: www.helpnetsecurity.com/2025/10/09/jess-vachon-pra-group-defense-against-fraud/