Tag: fraud
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It’s Not the Computer, Stupid. It’s the Information in It. Two Recent Indictments Stretch the Limits of >>Theft<< of Information.
The legal system persists in framing “computer crime” through the archaic lens of tangible property”, theft and conversion”, despite the fact that information is non-rivalrous and easily duplicated without depriving the original owner of possession. Recent federal indictments, such as the Van Dyke and SPLC matters, reveal a “doctrinally aggressive” expansion where the government claims…
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It’s Not the Computer, Stupid. It’s the Information in It. Two Recent Indictments Stretch the Limits of >>Theft<< of Information.
The legal system persists in framing “computer crime” through the archaic lens of tangible property”, theft and conversion”, despite the fact that information is non-rivalrous and easily duplicated without depriving the original owner of possession. Recent federal indictments, such as the Van Dyke and SPLC matters, reveal a “doctrinally aggressive” expansion where the government claims…
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Bad Bots in the Agentic Age: What the 2026 Thales Bad Bot Report Reveals
Tags: ai, api, application-security, attack, automation, banking, business, container, control, crime, cyber, cybercrime, data, defense, detection, exploit, finance, fraud, identity, infrastructure, intelligence, Internet, LLM, malicious, monitoring, resilience, risk, service, threat, tool, vulnerabilityBad Bots in the Agentic Age: What the 2026 Thales Bad Bot Report Reveals josh.pearson@t“¦ Thu, 04/30/2026 – 07:31 The modern internet is becoming less human by the day. Bot traffic is increasing, and human traffic is shrinking. Malicious automated traffic is getting harder to spot. The Thales 2026 Bad Bot Report, now in it’s…
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FBI-Backed Takedown Hits Crypto Scam Centers
Federal Charges Target Recruiters, Managers in Scam Centers After Global Takedown. U.S. and international law enforcement agencies dismantled a network of overseas scam centers linked to cryptocurrency investment fraud schemes, officials said Wednesday, arresting at least 276 individuals in a crackdown across the Middle East and Southeast Asia. First seen on govinfosecurity.com Jump to article:…
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US, China partner on scam center takedown in Dubai
The Justice Department said the operation began last year following “numerous” victim complaints to the FBI by U.S. victims who lost millions through cryptocurrency investment fraud schemes. First seen on therecord.media Jump to article: therecord.media/us-china-partner-on-dubai-scam-compound-takedown
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Police bust scam call centres behind Euro50 million in fraud losses
Authorities have dismantled a cybercrime ring running call centres in Albania and defrauding victims of more than Euro50 million, arresting 10 suspects and seizing nearly … First seen on helpnetsecurity.com Jump to article: www.helpnetsecurity.com/2026/04/29/albania-fraud-call-centres-dismantled/
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European police dismantles Euro50 million crypto investment fraud ring
Austrian and Albanian authorities dismantled a criminal ring accused of running a large-scale cryptocurrency investment fraud operation that caused estimated losses of over Euro50 million ($58.5 million) to victims worldwide. First seen on bleepingcomputer.com Jump to article: www.bleepingcomputer.com/news/security/european-police-dismantles-50-million-crypto-investment-fraud-ring/
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US-Estonian Suspect Arrested Over Alleged Scattered Spider Cyberattacks
US-Estonian suspect Peter Stokes arrested in Finland over alleged ties to Scattered Spider, facing US charges for cyberattacks, fraud, and data breaches. First seen on hackread.com Jump to article: hackread.com/us-estonian-suspect-arrest-scattered-spider-cyberattacks/
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Fake KYC Android Malware Spreads via WhatsApp to Hijack Bank Accounts
A new Android malware campaign is masquerading as a “Banking KYC” verification app and spreading via WhatsApp messages to target banking users in India. The malware is delivered as an APK shared over WhatsApp, posing as an urgent bank KYC or account verification update similar to previously reported Indian banking fraud campaigns. Victims are told…
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US Sanctions Target Cambodian Scam Network Leaders
US sanctions target Cambodian scam networks tied to crypto fraud and trafficking First seen on infosecurity-magazine.com Jump to article: www.infosecurity-magazine.com/news/us-sanctions-cambodian-scam-network/
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Fake CAPTCHA IRSF Scam and 120 Keitaro Campaigns Drive Global SMS, Crypto Fraud
Cybersecurity researchers have disclosed details of a telecommunications fraud campaign that uses fake CAPTCHA verification tricks to dupe unsuspecting users into sending international text messages that incur charges on their mobile bills, generating illicit revenue for the threat actors who lease the phone numbers.According to a new report published by Infoblox, the operation is believed…
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Fake CAPTCHA Scam Abuses Verification Clicks to Send Costly International Texts
Research from Infoblox reveals a massive Click2SMS fraud scheme using fake CAPTCHAs and back button hijacking to trick victims into sending costly international texts. First seen on hackread.com Jump to article: hackread.com/fake-captcha-pages-exploit-clicks-send-texts/
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US Busts Myanmar Ring Targeting US Citizens in Financial Fraud
Some 29 people were charged, including a Cambodian senator, and authorities seized more than 500 Web domains tied to fake investment sites. First seen on darkreading.com Jump to article: www.darkreading.com/cyber-risk/us-busts-myanmar-ring-targeting-us-citizens-financial-fraud
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$80 Billion Lost to SMS Fraud Last Year. The Good News Is Wrong.
Mobile fraud losses are projected to decline in 2026. That headline is technically accurate and deeply misleading. The fraud is not going away. It is changing channels, picking up speed, and getting harder to stop. The number looks like progress. Global subscriber losses from SMS fraud, smishing, account takeover, and related mobile threats reached $80……
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The Cyber Express Weekly Roundup: Data Breaches, Malware Campaigns, and Cyber Fraud Investigations
In this week’s edition of The Cyber Express weekly roundup, we explore the latest developments in the world of cybersecurity, focusing on high-profile data breaches, growing malware campaigns, and law enforcement actions against cybercriminals. First seen on thecyberexpress.com Jump to article: thecyberexpress.com/tce-weekly-roundup-april-2026/
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Fake CAPTCHA Scam Triggers Costly SMS Fraud
Hackers are abusing fake CAPTCHA pages to run a silent but lucrative international SMS fraud scheme, turning routine “prove you’re human” checks into a revenue engine built on international revenue share fraud (IRSF). Attackers set up lookalike and scam domains that eventually redirect victims through a traffic distribution system (TDS) to a fake CAPTCHA page.…
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Google drafts AI agents to secure systems against AI hackers
Wiz, AI-BOMs, and securing the AI development sprawl: Google has expanded its Wiz portfolio to tackle the chaos of AI development and multi-cloud risk.Wiz is being positioned as the connective tissue across environments, supporting everything from AWS and Azure to SaaS platforms and AI agent studios.”Wiz now supports Databricks as well as new agent studios…
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Google drafts AI agents secure systems against AI hackers
Wiz, AI-BOMs, and securing the AI development sprawl: Google has expanded its Wiz portfolio to tackle the chaos of AI development and multi-cloud risk.Wiz is being positioned as the connective tissue across environments, supporting everything from AWS and Azure to SaaS platforms and AI agent studios.”Wiz now supports Databricks as well as new agent studios…
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Google drafts AI agents secure systems against AI hackers
Wiz, AI-BOMs, and securing the AI development sprawl: Google has expanded its Wiz portfolio to tackle the chaos of AI development and multi-cloud risk.Wiz is being positioned as the connective tissue across environments, supporting everything from AWS and Azure to SaaS platforms and AI agent studios.”Wiz now supports Databricks as well as new agent studios…
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Google drafts AI agents secure systems against AI hackers
Wiz, AI-BOMs, and securing the AI development sprawl: Google has expanded its Wiz portfolio to tackle the chaos of AI development and multi-cloud risk.Wiz is being positioned as the connective tissue across environments, supporting everything from AWS and Azure to SaaS platforms and AI agent studios.”Wiz now supports Databricks as well as new agent studios…
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Google drafts AI agents secure systems against AI hackers
Wiz, AI-BOMs, and securing the AI development sprawl: Google has expanded its Wiz portfolio to tackle the chaos of AI development and multi-cloud risk.Wiz is being positioned as the connective tissue across environments, supporting everything from AWS and Azure to SaaS platforms and AI agent studios.”Wiz now supports Databricks as well as new agent studios…
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Google drafts AI agents secure systems against AI hackers
Wiz, AI-BOMs, and securing the AI development sprawl: Google has expanded its Wiz portfolio to tackle the chaos of AI development and multi-cloud risk.Wiz is being positioned as the connective tissue across environments, supporting everything from AWS and Azure to SaaS platforms and AI agent studios.”Wiz now supports Databricks as well as new agent studios…
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Google gets agent-ready for the Mythos age
Wiz, AI-BOMs, and securing the AI development sprawl: Google has expanded its Wiz portfolio to tackle the chaos of AI development and multi-cloud risk.Wiz is being positioned as the connective tissue across environments, supporting everything from AWS and Azure to SaaS platforms and AI agent studios.”Wiz now supports Databricks as well as new agent studios…
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Ransomware, fraud, and lawsuits drive cyber insurance claims to new peaks
The 2026 InsurSec Report from At-Bay, covering more than 100,000 policy years of claims data, documents a 7% year-over-year rise in overall claim frequency and an all-time … First seen on helpnetsecurity.com Jump to article: www.helpnetsecurity.com/2026/04/23/cyber-insurance-claims-report/
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North Korea Stole 100,000 Identities to Infiltrate Global Companies
Here Is What That Looks Like From an Investigator’s Perspective. The DPRK remote IT worker scheme is not a cybersecurity problem. It is an identity fraud problem at state scale. The tools that can detect and attribute it are the same tools built for investigating threat actors, not screening job applicants. Research published in March……
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Inside Caller-as-a-Service Fraud: The Scam Economy Has a Hiring Process
Fraud operations now operate like call centers, complete with hiring, training, and performance tracking. Flare reveals how cybercriminals manage “Caller-as-a-Service” operations like a professional sales team. First seen on bleepingcomputer.com Jump to article: www.bleepingcomputer.com/news/security/inside-caller-as-a-service-fraud-the-scam-economy-has-a-hiring-process/
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Neue NGate-Malware missbraucht HandyPay-App für NFC-Betrug
Sicherheitsforscher von ESET warnen vor einer Weiterentwicklung der NGate-Malware. Hacker nutzen eine manipulierte Version der seriösen App ‘HandyPay”, um kontaktlose Bezahldaten und PINs direkt von Android-Smartphones abzugreifen. First seen on it-daily.net Jump to article: www.it-daily.net/it-sicherheit/cybercrime/ngate-malware-nfc-betrug
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The Attack Runs Itself: What Agentic AI Fraud Actually Looks Like
This is part 1 of a two-part series on agentic AI fraud defense. Since joining Arkose Labs, one of the first things I did was go deep on the threat data, what the attack patterns actually look like, how autonomous systems probe defenses, where classification breaks down and where it holds. That data has… Continued…
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‘Scattered Spider’ Member ‘Tylerb’ Pleads Guilty
A 24-year-old British national and senior member of the cybercrime group “Scattered Spider” has pleaded guilty to wire fraud conspiracy and aggravated identity theft. Tyler Robert Buchanan admitted his role in a series of text-message phishing attacks in the summer of 2022 that allowed the group to hack into at least a dozen major technology…
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‘Scattered Spider’ Member ‘Tylerb’ Pleads Guilty
A 24-year-old British national and senior member of the cybercrime group “Scattered Spider” has pleaded guilty to wire fraud conspiracy and aggravated identity theft. Tyler Robert Buchanan admitted his role in a series of text-message phishing attacks in the summer of 2022 that allowed the group to hack into at least a dozen major technology…